The stock of Republic Services, Inc. (RSG) has gone up by 0.72% for the week, with a -0.78% drop in the past month and a 7.32% rise in the past quarter. The volatility ratio for the week is 1.20%, and the volatility levels for the past 30 days are 1.40% for RSG. The simple moving average for the past 20 days is -1.07% for RSG’s stock, with a 13.71% simple moving average for the past 200 days.
Is It Worth Investing in Republic Services, Inc. (NYSE: RSG) Right Now?
Republic Services, Inc. (NYSE: RSG) has a price-to-earnings ratio that is above its average at 32.90x. The stock has a 36-month beta value of 0.70. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 2 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for RSG is 204.59M, and at present, short sellers hold a 1.40% of that float. On May 09, 2024, the average trading volume of RSG was 1.32M shares.
RSG) stock’s latest price update
The stock price of Republic Services, Inc. (NYSE: RSG) has plunged by -0.65 when compared to previous closing price of 188.56, but the company has seen a 0.72% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-05-07 that Dividend stocks are some of the most stable in the market because they usually have very profitable companies backing them up. You do not have unprofitable companies paying dividends, so it makes sense why so many investors retreat into them when the market wobbles.
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 -0.36% 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 -4.79% of loss for the given period.
Volatility was left at 1.40%, however, over the last 30 days, the volatility rate increased by 1.20%, as shares sank -1.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.52% upper at present.
During the last 5 trading sessions, RSG rose by +0.72%, which changed the moving average for the period of 200-days by +21.41% in comparison to the 20-day moving average, which settled at $189.24. In addition, Republic Services, Inc. saw 13.60% 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 Hodges Amanda, who sale 6,500 shares at the price of $186.02 back on May 06 ’24. After this action, Hodges Amanda now owns 6,831 shares of Republic Services, Inc., valued at $1,209,130 using the latest closing price.
Vander Ark Jon, the CEO and President of Republic Services, Inc., sale 5,446 shares at $184.10 during a trade that took place back on Mar 04 ’24, which means that Vander Ark Jon is holding 85,113 shares at $1,002,609 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
- 0.38 for the gross margin
The net margin for Republic Services, Inc. stands at 0.12. The total capital return value is set at 0.11. Equity return is now at value 17.37, with 5.96 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 1.21. The interest coverage ratio of the stock is 5.43.
Currently, EBITDA for the company is 4.44 billion with net debt to EBITDA at 2.84. When we switch over and look at the enterprise to sales, we see a ratio of 4.72. The receivables turnover for the company is 7.94for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.
Conclusion
To sum up, Republic Services, Inc. (RSG) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.
