Republic Services, Inc (NYSE: RSG) is 23.67% higher on its value in year-to-date trading and has touched a low of $161.19 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 $203.46 in the last trading session, with the day’s gains setting it 0.49%.
Currently trading at $203.95, the stock is -4.16% and -2.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.6 million and changing 0.24% at the moment leaves the stock 3.00% off its SMA200. RSG registered 25.28% gain for a year compared to 6-month gain of 6.31%. The firm has a 50-day simple moving average (SMA 50) of $208.4738 and a 200-day simple moving average (SMA200) of $198.00494.
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The stock witnessed a -3.30% loss in the last 1 month and extending the period to 3 months gives it a 1.27%, and is -2.94% 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 1.36% over the week and 1.33% over the month.
Republic Services, Inc (RSG) has around 41000 employees, a market worth around $63.87B and $15.82B in sales. Current P/E ratio is 32.62 and Fwd P/E is 29.87. Profit margin for the company is 12.46%. Distance from 52-week low is 26.53% and -7.54% from its 52-week high. The company has generated returns on investments over the last 12 months (8.40%).
with sales reaching $4.08B over the same period.The EPS is expected to grow by 11.72% this year, but quarterly earnings will post 7.28% year-over-year. Quarterly sales are estimated to grow 6.46% in year-over-year returns.
1646.0 institutions hold shares in Republic Services, Inc (RSG), with institutional investors hold 96.86% of the company’s shares. The shares outstanding are 313.30M, and float is at 202.81M with Short Float at 1.04%. Institutions hold 96.75% 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 Weymouth Katharine, the company’s Director. SEC filings show that Weymouth Katharine sold 1,859 shares of the company’s common stock on Dec 05 ’24 at a price of $215.27 per share for a total of $0.4 million. Following the sale, the insider now owns 879.0 shares.
Still, SEC filings show that on Nov 19 ’24, DelGhiaccio Brian M (EVP Chief Financial Officer) disposed off 5,071 shares at an average price of $210.02 for $1.07 million. The insider now directly holds 6,318 shares of Republic Services, Inc (RSG).
