Republic Services, Inc (NYSE: RSG) is 30.67% higher on its value in year-to-date trading and has touched a low of $160.38 and a high of $220.58 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RSG stock was last observed hovering at around $215.55 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $215.48, the stock is 0.85% and 4.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -0.03% at the moment leaves the stock 9.51% off its SMA200. RSG registered 33.46% gain for a year compared to 6-month gain of 15.19%. The firm has a 50-day simple moving average (SMA 50) of $206.6362 and a 200-day simple moving average (SMA200) of $196.59465.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 6.60% loss in the last 1 month and extending the period to 3 months gives it a 6.24%, and is -1.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.12% over the week and 1.58% over the month.
Republic Services, Inc (RSG) has around 41000 employees, a market worth around $67.48B and $15.82B in sales. Current P/E ratio is 34.47 and Fwd P/E is 31.53. Profit margin for the company is 12.46%. Distance from 52-week low is 34.35% and -2.31% from its 52-week high. The company has generated returns on investments over the last 12 months (8.40%).
The EPS is expected to grow by 11.71% this year
1643.0 institutions hold shares in Republic Services, Inc (RSG), with institutional investors hold 96.91% of the company’s shares. The shares outstanding are 313.30M, and float is at 203.11M with Short Float at 1.26%. Institutions hold 96.80% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.36 million shares valued at $3.57 billion. The investor’s holdings represent 5.8217 of the RSG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 17.88 million shares valued at $3.48 billion to account for 5.6723 of the shares outstanding. The other top investors are STATE STREET CORP which holds 9.4 million shares representing 2.9807 and valued at over $1.83 billion, while CAPITAL WORLD INVESTORS holds 2.5177 of the shares totaling 7.94 million with a market value of $1.54 billion.
Republic Services, Inc (RSG) Insider Activity
The most recent transaction is an insider sale by DelGhiaccio Brian M, the company’s EVP Chief Financial Officer. SEC filings show that DelGhiaccio Brian M sold 5,071 shares of the company’s common stock on Nov 19 ’24 at a price of $210.02 per share for a total of $1.07 million. Following the sale, the insider now owns 6318.0 shares.
Still, SEC filings show that on Aug 16 ’24, Collins Tomago (Director) disposed off 3,200 shares at an average price of $203.01 for $0.65 million. The insider now directly holds 17,486 shares of Republic Services, Inc (RSG).
