The closing price of Republic Services Inc. (NYSE: RSG) was 143.26 for the day, down -0.75% from the previous closing price of $144.34. In other words, the price has decreased by $-1.08 from its previous closing price. On the day, 1320988 shares were traded. RSG reached its highest trading level at $146.51 during the session, while it also had its lowest trading level at $143.24.
Our analysis of RSG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 384.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.85. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.26.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 08 when Vander Ark Jon sold 14,100 shares for $142.49 per share. The transaction valued at 2,009,080 led to the insider holds 59,619 shares of the business.
Stuart Timothy E sold 15,000 shares of RSG for $2,027,805 on Jun 07. The COO now owns 19,675 shares after completing the transaction at $135.19 per share. On Jun 02, another insider, GOEBEL BRIAN A, who serves as the CAO of the company, sold 347 shares for $135.01 each. As a result, the insider received 46,848 and left with 6,186 shares of the company.
As of this moment, Republic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.84, and their Forward P/E ratio for the next fiscal year is 26.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.74 while its Price-to-Book (P/B) ratio in mrq is 4.92.
Stock Price History:
Over the past 52 weeks, RSG has reached a high of $149.17, while it has fallen to a 52-week low of $113.57. The 50-Day Moving Average of the stock is 140.79, while the 200-Day Moving Average is calculated to be 132.86.
RSG traded an average of 1.01M shares per day over the past three months and 1.25M shares per day over the past ten days. A total of 316.50M shares are outstanding, with a floating share count of 315.10M. Insiders hold about 0.11% of the company’s shares, while institutions hold 96.00% stake in the company. Shares short for RSG as of Jul 14, 2022 were 1.49M with a Short Ratio of 1.64, compared to 1.54M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.47% and a Short% of Float of 0.73%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.66, RSG has a forward annual dividend rate of 1.98. Against a Trailing Annual Dividend Yield of 1.15%, it implies a Forward Annual Dividend Yield of 1.33%. The stock’s 5-year Average Dividend Yield is 1.74. The current Payout Ratio is 41.30% for RSG, which recently paid a dividend on Oct 13, 2022 with an ex-dividend date of Jun 29, 2022. Stock splits for the company last occurred on Mar 18, 2007 when the company split stock in a 3:2 ratio.
The firm’s stock currently is rated by 15 analysts. On average, analysts expect EPS of $1.18 for the current quarter, with a high estimate of $1.24 and a low estimate of $1.12, while EPS last year was $1.09. The consensus estimate for the next quarter is $1.25, with high estimates of $1.3 and low estimates of $1.17.
Analysts are recommending an EPS of between $4.87 and $4.55 for the fiscal current year, implying an average EPS of $4.69. EPS for the following year is $5.21, with 17 analysts recommending between $5.51 and $4.85.
It is expected that $90B in revenue will be generated in the current quarter, according to 14 analysts. It ranges from a high estimate of $3.36B to a low estimate of $3.22B. As of the current estimate, Republic Services Inc.’s year-ago sales were $2.71B, an estimated increase of 21.40% from the year-ago figure. For the next quarter, 14 analysts are estimating revenue of $3.47B, an increase of 18.40% less than the figure of $21.40% in the same quarter last year. There is a high estimate of $3.54B for the next quarter, whereas the lowest estimate is $3.4B.
A total of 15 analysts have provided revenue estimates for RSG’s current fiscal year. The highest revenue estimate was $13.32B, while the lowest revenue estimate was $13.03B, resulting in an average revenue estimate of $13.18B. In the same quarter a year ago, actual revenue was $11.29B, up 16.70% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $14.15B in the next fiscal year. The high estimate is $14.53B and the low estimate is $13.62B. The average revenue growth estimate for next year is up 7.40% from the average revenue estimate for this year.