Republic Services, Inc (NYSE:RSG) currently has a daily average trading volume of 1.09M but it saw 1866343 shares traded in last market. With a market cap of 76.45B USD, the company’s current market price of $244.82 came rising about 0.45 while comparing to the previous closing price of $243.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $244.00 and as low as $180.91. In the recent trading on the day, stock has struck highest price mark of $240.34 while lowest mark touched by it was $244.99.
Taking a look at 20-day trading activity of Republic Services, Inc (RSG) gives us an average price of $235.79, while its current price level is 0.34% below from 52-week high level whereas it is 35.32% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $229.18 while that of 200 days or SMA-200 reads an average of $210.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.47% during that period while stretching the period over a month that increases to 1.67%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 71.06 which implies that the stock is in overbought territory.
RBC Capital Mkts upgraded its recommendation for the stock as a “Outperform” from “Sector Perform” on January 06, 2025 while assigning a price target range of $219-$237. Deutsche Bank also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $219 and $237.
Over the week, RSG’s stock price is moving 2.97% up while it is 3.76% when we observe its performance for the past one month. Year-to-date it is 21.69% up and over the past year, the stock is showing an upside performance of 28.97%.
The company is expected to be releasing its next quarterly report on 2025-Feb-12, for which analysts forecasted an EPS of 1.55 while estimate for next year EPS is 6.87. In next quarter, company is expected to be making quarterly sales of $4.26B as analysts are expecting the sales for current fiscal year at $16.9B and seeing the company making $17.77B in sales next year. Moreover, analysts are in estimates of $4.07B for current-quarter revenue.
Currently, Republic Services, Inc’s total number of outstanding shares is 312.00M with 0.13% of that held by the insiders while 97.07% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.71% and return on equity (ROE) at 18.61%. It has a price to earnings ratio (P/E ratio) of 37.72 while having a 32.41 of forward P/E ratio. Stock’s beta reads 0.67. Stock has a price to book (P/B) ratio of 6.70 while price to sale or P/S ratio amounts to 4.77. Its return on asset (ROA) is 6.40% on average.
