Analysts predict Republic Services, Inc. (RSG) stock to reach $160.43 in the next 12 months

Republic Services, Inc. [RSG] stock is trading at $187.24, down -0.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RSG shares have lost -0.68% over the last week, with a monthly amount glided 0.49%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

On March 15, 2024, downgrade downgraded it’s rating to Equal-Weight but maintained its price target of $199 on the stock. UBS downgraded its rating to a Neutral and increased its price target to $195 on February 29, 2024. Wells Fargo initiated its recommendation with a Overweight and recommended $180 as its price target on November 27, 2023. UBS upgraded its rating to Buy for this stock on October 23, 2023, and upped its price target to $175. In a note dated October 17, 2023, Wolfe Research initiated an Peer Perform rating.

Republic Services, Inc. [RSG] stock has fluctuated between $135.33 and $192.57 over the past year. Currently, Wall Street analysts expect the stock to reach $160.43 within the next 12 months. Republic Services, Inc. [NYSE: RSG] shares were valued at $187.24 at the most recent close of the market. An investor can expect a potential drop of -14.32% based on the average RSG price forecast.

Analyzing the RSG fundamentals

Republic Services, Inc. [NYSE:RSG] reported sales of 14.96B for the trailing twelve months, which represents a growth of 8.55%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.17 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.2.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 186.02 points at the first support level, and at 184.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 189.19, and for the 2nd resistance point, it is at 191.13.

Ratios To Look Out For

For context, Republic Services, Inc.’s Current Ratio is 0.56. As well, the Quick Ratio is 0.54, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 3.94, the price to book ratio is 5.59 and price to earnings (TTM) ratio is 34.25.

Transactions by insiders

Recent insider trading involved Vander Ark Jon, CEO and President, that happened on Mar 04 ’24 when 5446.0 shares were sold. EVP, Chief Marketing Officer, Hodges Amanda completed a deal on Aug 10 ’23 to sell 2712.0 shares. Meanwhile, EVP Chief Financial Officer DelGhiaccio Brian M sold 5500.0 shares on Aug 07 ’23.

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