Republic Services, Inc. (NYSE: RSG) has a higher price-to-earnings ratio of 34.70x compared to its average ratio. RSG has 36-month beta value of 0.68. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for RSG is 204.37M, and currently, short sellers hold a 1.10% ratio of that float. The average trading volume of RSG on April 11, 2024 was 1.21M shares.
RSG) stock’s latest price update
Republic Services, Inc. (NYSE: RSG)’s stock price has increased by 0.47 compared to its previous closing price of 188.80. However, the company has seen a 0.24% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-09 that The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here’s why you should take advantage.
RSG’s Market Performance
Republic Services, Inc. (RSG) has experienced a 0.24% rise in stock performance for the past week, with a 2.94% rise in the past month, and a 15.80% rise in the past quarter. The volatility ratio for the week is 1.31%, and the volatility levels for the past 30 days are at 0.99% for RSG. The simple moving average for the last 20 days is 0.63% for RSG stock, with a simple moving average of 17.93% for the last 200 days.
Analysts’ Opinion of RSG
Many brokerage firms have already submitted their reports for RSG stocks, with RBC Capital Mkts repeating the rating for RSG by listing it as a “Sector Perform.” The predicted price for RSG in the upcoming period, according to RBC Capital Mkts is $198 based on the research report published on April 08, 2024 of the current year 2024.
Morgan Stanley gave a rating of “Equal-Weight” to RSG, setting the target price at $199 in the report published on March 15th of the current year.
RSG Trading at 3.70% from the 50-Day Moving Average
After a stumble in the market that brought RSG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.50% of loss for the given period.
Volatility was left at 0.99%, however, over the last 30 days, the volatility rate increased by 1.31%, as shares surge +2.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.63% upper at present.
During the last 5 trading sessions, RSG rose by +0.24%, which changed the moving average for the period of 200-days by +29.45% in comparison to the 20-day moving average, which settled at $188.71. In addition, Republic Services, Inc. saw 15.03% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RSG starting from Vander Ark Jon, who sale 5,446 shares at the price of $184.10 back on Mar 04 ’24. After this action, Vander Ark Jon now owns 85,113 shares of Republic Services, Inc., valued at $1,002,609 using the latest closing price.
Hodges Amanda, the EVP, Chief Marketing Officer of Republic Services, Inc., sale 2,712 shares at $148.66 during a trade that took place back on Aug 10 ’23, which means that Hodges Amanda is holding 4,969 shares at $403,166 based on the most recent closing price.
Stock Fundamentals for RSG
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.37 for the gross margin
The net margin for Republic Services, Inc. stands at 0.12. The total capital return value is set at 0.1. Equity return is now at value 17.11, with 5.73 for asset returns.
Based on Republic Services, Inc. (RSG), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 1.2. The interest coverage ratio of the stock is 5.39.
Currently, EBITDA for the company is 4.44 billion with net debt to EBITDA at 2.9. When we switch over and look at the enterprise to sales, we see a ratio of 4.85. The receivables turnover for the company is 7.51for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.56.
Conclusion
To put it simply, Republic Services, Inc. (RSG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
