Republic Services Inc. [NYSE: RSG] closed the trading session at $92.14 on 09/23/20. The day’s price range saw the stock hit a low of $92.10, while the highest price level was $94.42.
The stocks have a year to date performance of 2.80 percent and weekly performance of -4.41 percent. The stock has been moved at 28.44 percent over the last six months. The stock has performed 1.16 percent around the most recent 30 days and changed 16.07 percent over the most recent 3-months.
If compared to the average trading volume of 1.09M shares, RSG reached to a volume of 1156557 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Republic Services Inc. [RSG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RSG shares is $90.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RSG stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Republic Services Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 23, 2020. While these analysts kept the previous recommendation, Robert W. Baird raised their target price to Outperform. The new note on the price target was released on May 29, 2020, representing the official price target for Republic Services Inc. stock. Previously, the target price had yet another drop from $83 to $81, while Jefferies kept a Hold rating on RSG stock.
The Average True Range (ATR) for Republic Services Inc. is set at 1.60, with the Price to Sales ratio for RSG stock in the period of the last 12 months amounting to 2.89. The Price to Book ratio for the last quarter was 3.57. Price to Free Cash Flow for RSG in the course of the last twelve months was 38.40 with Quick ratio for the last quarter at 0.70.
RSG stock trade performance evaluation
Republic Services Inc. [RSG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.41. With this latest performance, RSG shares gained by 1.16% in over the last four-week period, additionally plugging by 28.44% over the last 6 months – not to mention a rise of 5.98% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RSG stock in for the last two-week period is set at 46.14, with the RSI for the last a single of trading hit 36.64, and the three-weeks RSI is set at 50.51 for Republic Services Inc. [RSG]. The present Moving Average for the last 50 days of trading for this stock 90.49, while it was recorded at 94.70 for the last single week of trading, and 86.85 for the last 200 days.
Republic Services Inc. [RSG]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Republic Services Inc. [RSG] shares currently have an operating margin of +17.81 and a Gross Margin at +28.26. Republic Services Inc.’s Net Margin is presently recorded at +10.42.
Return on Total Capital for RSG is now 11.00, given the latest momentum, and Return on Invested Capital for the company is 6.78. Return on Equity for this stock inclined to 13.38, with Return on Assets sitting at 4.85. When it comes to the capital structure of this company, Republic Services Inc. [RSG] has a Total Debt to Total Equity ratio set at 110.28. Additionally, RSG Total Debt to Total Capital is recorded at 52.44, with Total Debt to Total Assets ending up at 39.47. Long-Term Debt to Equity for the company is recorded at 98.19, with the Long-Term Debt to Total Capital now at 46.69.
Reflecting on the efficiency of the workforce at the company, Republic Services Inc. [RSG] managed to generate an average of $29,814 per employee. Receivables Turnover for the company is 7.48 with a Total Asset Turnover recorded at a value of 0.46.Republic Services Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.80.
Earnings per share (EPS) analysis for Republic Services Inc. [RSG] stock
With the latest financial reports released by the company, Republic Services Inc. posted 0.91/share EPS, while the average EPS was predicted by analysts to be reported at 0.85/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 7.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RSG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Republic Services Inc. go to 7.11%.
Republic Services Inc. [RSG]: Insider Ownership positions
There are presently around $17,180 million, or 93.50% of RSG stock, in the hands of institutional investors. The top three institutional holders of RSG stocks are: BLACKROCK INC. with ownership of 22,135,062, which is approximately -2.844% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 18,543,395 shares of the stock with an approximate value of $1.71 billion in RSG stocks shares; and STATE STREET CORP, currently with $988.81 million in RSG stock with ownership of nearly -1.011% of the company’s market capitalization.
354 institutional holders increased their position in Republic Services Inc. [NYSE:RSG] by around 15,033,087 shares. Additionally, 351 investors decreased positions by around 12,793,908 shares, while 103 investors held positions by with 158,632,231 shares. The mentioned changes placed institutional holdings at 186,459,226 shares, according to the latest SEC report filing. RSG stock had 84 new institutional investments in for a total of 4,018,023 shares, while 51 institutional investors sold positions of 988,390 shares during the same period.