Published on 25 Apr 2024 on Simply Wall St. via Yahoo Finance
Has Waste Connections, Inc. (NYSE:WCN) Stock's Recent Performance Got Anything to Do With Its...
Waste Connections' (NYSE:WCN) stock is up by 8.3% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Waste Connections' ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.