In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $186.71 in the prior trading day, Republic Services, Inc. (NYSE: RSG) closed at $188.56, up 0.99%. In other words, the price has increased by $0.99 from its previous closing price. On the day, 1.07 million shares were traded. RSG stock price reached its highest trading level at $188.67 during the session, while it also had its lowest trading level at $187.2.
Ratios:
Our goal is to gain a better understanding of RSG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 648.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 1.21 whereas as Long-Term Debt/Eq ratio is at 1.07.
Morgan Stanley Downgraded its Overweight to Equal-Weight on March 15, 2024, while the target price for the stock was maintained at $199.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 06 ’24 when Hodges Amanda sold 6,500 shares for $186.02 per share. The transaction valued at 1,209,130 led to the insider holds 6,831 shares of the business.
Vander Ark Jon sold 5,446 shares of RSG for $1,002,609 on Mar 04 ’24. The CEO and President now owns 85,113 shares after completing the transaction at $184.10 per share. On Aug 10 ’23, another insider, Hodges Amanda, who serves as the EVP, Chief Marketing Officer of the company, sold 2,712 shares for $148.66 each. As a result, the insider received 403,166 and left with 4,969 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RSG now has a Market Capitalization of 59383578624 and an Enterprise Value of 72363663360. As of this moment, Republic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.12, and their Forward P/E ratio for the next fiscal year is 27.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.90 while its Price-to-Book (P/B) ratio in mrq is 5.49. Its current Enterprise Value per Revenue stands at 4.747 whereas that against EBITDA is 16.061.
Stock Price History:
Over the past 52 weeks, RSG has reached a high of $196.76, while it has fallen to a 52-week low of $140.07. The 50-Day Moving Average of the stock is 0.34%, while the 200-Day Moving Average is calculated to be 14.58%.
Shares Statistics:
The stock has traded on average 1.32M shares per day over the past 3-months and 1663960 shares per day over the last 10 days, according to various share statistics. A total of 314.60M shares are outstanding, with a floating share count of 204.59M. Insiders hold about 35.04% of the company’s shares, while institutions hold 59.08% stake in the company. Shares short for RSG as of 1713139200 were 2855605 with a Short Ratio of 2.16, compared to 1710460800 on 2443656. Therefore, it implies a Short% of Shares Outstanding of 2855605 and a Short% of Float of 1.39.
Dividends & Splits
In the trailing 12 months, RSG’s forward annual dividend rate was 2.1, compared to 2.10 this year. Against a Trailing Annual Dividend Yield of 0.011247388The stock’s 5-year Average Dividend Yield is 1.52.
Earnings Estimates
At present, 18.0 analysts are actively evaluating the performance of Republic Services, Inc. (RSG) in the stock market.On average, analysts expect EPS of $1.52 for the current quarter, with a high estimate of $1.6 and a low estimate of $1.35, while EPS last year was $1.41. The consensus estimate for the next quarter is $1.61, with high estimates of $1.7 and low estimates of $1.51.
Analysts are recommending an EPS of between $6.19 and $5.96 for the fiscal current year, implying an average EPS of $6.05. EPS for the following year is $6.77, with 20.0 analysts recommending between $7.13 and $6.53.
Revenue Estimates
For the next quarter, 17 analysts are estimating revenue of $4.13B. There is a high estimate of $4.17B for the next quarter, whereas the lowest estimate is $4.1B.
A total of 19 analysts have provided revenue estimates for RSG’s current fiscal year. The highest revenue estimate was $16.22B, while the lowest revenue estimate was $16.05B, resulting in an average revenue estimate of $16.14B. In the same quarter a year ago, actual revenue was $14.96BBased on 19 analysts’ estimates, the company’s revenue will be $17.08B in the next fiscal year. The high estimate is $17.4B and the low estimate is $16.87B.
