At the time of writing, Republic Services, Inc. [RSG] stock is trading at $199.67, up 0.32%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RSG shares have lost -2.80% over the last week, with a monthly amount glided 2.57%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Republic Services, Inc. [NYSE: RSG] stock has seen the most recent analyst activity on July 11, 2024, when Truist upgraded its rating to a Buy and also boosted its price target to $220 from $192. Previously, Deutsche Bank started tracking the stock with Hold rating on May 23, 2024, and set its price target to $203. Scotiabank started tracking the stock assigning a Sector Perform rating. Morgan Stanley downgraded its rating to a Equal-Weight but $199 remained the price target by the analyst firm on March 15, 2024. UBS downgraded its rating to Neutral for this stock on February 29, 2024, and upped its price target to $195. In a note dated November 27, 2023, Wells Fargo initiated an Overweight rating and provided a target price of $180 on this stock.
For the past year, the stock price of Republic Services, Inc. fluctuated between $140.23 and $206.54. Currently, Wall Street analysts expect the stock to reach $179.6 within the next 12 months. Republic Services, Inc. [NYSE: RSG] shares were valued at $199.67 at the most recent close of the market. An investor can expect a potential drop of -10.05% based on the average RSG price forecast.
Analyzing the RSG fundamentals
According to Republic Services, Inc. [NYSE:RSG], the company’s sales were 15.25B for trailing twelve months, which represents an 7.84% jump. Gross Profit Margin for this corporation currently stands at 0.53% 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 0.18 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.18.
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 198.09 points at the first support level, and at 196.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 200.97, and for the 2nd resistance point, it is at 202.27.
Ratios To Look Out For
It is important to note that Republic Services, Inc. [NYSE:RSG] has a current ratio of 0.53. Also, the Quick Ratio is 0.50, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 4.12, the price to book ratio is 5.81 and price to earnings (TTM) ratio is 35.07.
Transactions by insiders
Recent insider trading involved Weymouth Katharine, Director, that happened on Jun 04 ’24 when 540.0 shares were purchased. Director, Volpe Sandra M completed a deal on May 15 ’24 to buy 79.0 shares. Meanwhile, EVP, Chief Marketing Officer Hodges Amanda sold 6500.0 shares on May 06 ’24.
