Merrill Lynch Reports Initiation of Waste Connections (WCN) with $80.0 Target; Synthesis Energy Systems Has 1.6 Sentiment

Among 17 analysts covering Waste Connections (NYSE:WCN), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Waste Connections has $115 highest and $52 lowest target. $81.79’s average target is 15.26% above currents $70.96 stock price. Waste Connections had 58 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Friday, November 6 by Credit Suisse. The firm earned “Strong Buy” rating on Wednesday, January 20 by Raymond James. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, October 28. The firm has “Outperform” rating by Imperial Capital given on Thursday, March 24. On Monday, December 11 the stock rating was initiated by BMO Capital Markets with “Buy”. On Monday, December 14 the stock rating was maintained by Stifel Nicolaus with “Buy”. On Friday, August 5 the stock rating was maintained by Wedbush with “Outperform”. The firm earned “Buy” rating on Tuesday, September 26 by RBC Capital Markets. Barclays Capital maintained it with “Buy” rating and $68 target in Friday, June 23 report. As per Thursday, February 23, the company rating was maintained by Wedbush.

Synthesis Energy Systems, Inc., an energy and gasification technology company, together with its subsidiaries, provides proprietary gasification technology systems and solutions to the energy and chemical industries worldwide. The company has market cap of $4.16 million. The firm offers U-GAS fluidized bed gasification technology that produces synthesis gas from various energy resources, including coal, biomass, municipal wastes, refuse derived fuels, and petroleum coke. It currently has negative earnings. The Company’s synthesis gas can be converted into a range of energy and chemical products, such as industrial fuel gas, substitute natural gas, electricity, hydrogen, ammonia, and methanol.

The stock decreased 2.31% or $0.01 during the last trading session, reaching $0.38. About 635,025 shares traded or 297.23% up from the average. Synthesis Energy Systems, Inc. (SYMX) has declined 19.00% since December 22, 2016 and is downtrending. It has underperformed by 35.70% the S&P500.

Prescott Group Capital Management L.L.C. holds 0.4% of its portfolio in Synthesis Energy Systems, Inc. for 3.66 million shares. National Asset Management Inc. owns 405,700 shares or 0.04% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 100,000 shares. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Blackrock Inc., a New York-based fund reported 267,549 shares.

Investors sentiment decreased to 0 in Q3 2017. Its down 2.50, from 2.5 in 2017Q2. It fall, as 1 investors sold Waste Connections, Inc. shares while 0 reduced holdings. 0 funds opened positions while 0 raised stakes. 103,951 shares or 5.46% less from 109,951 shares in 2017Q2 were reported. Frontier Invest invested in 0.11% or 18,681 shares. Ferguson Wellman Capital Management owns 0.01% invested in Waste Connections, Inc. (NYSE:WCN) for 4,500 shares. Gulf International Financial Bank (Uk) Limited owns 80,589 shares. Moreover, Gemmer Asset Management Ltd Com has 0% invested in Waste Connections, Inc. (NYSE:WCN).

Analysts await Waste Connections, Inc. (NYSE:WCN) to report earnings on February, 20. They expect $0.49 earnings per share, up 8.89% or $0.04 from last year’s $0.45 per share. WCN’s profit will be $129.18M for 36.20 P/E if the $0.49 EPS becomes a reality. After $0.60 actual earnings per share reported by Waste Connections, Inc. for the previous quarter, Wall Street now forecasts -18.33% negative EPS growth.

The stock increased 0.60% or $0.42 during the last trading session, reaching $70.96. About 898,924 shares traded or 13.51% up from the average. Waste Connections, Inc. (NYSE:WCN) has risen 33.04% since December 22, 2016 and is uptrending. It has outperformed by 16.34% the S&P500.