A new trading day began on Tuesday, with Republic Services, Inc. (NYSE: RSG) stock price down -0.02% from the previous day of trading, before settling in for the closing price of $189.73. RSG’s price has ranged from $130.34 to $192.57 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 8.56%. Meanwhile, its annual earnings per share averaged 6.95%. With a float of $314.18 million, this company’s outstanding shares have now reached $314.60 million.
Considering the fact that the conglomerate employs 41000 people, you should pay attention to its efficiency factor.
Republic Services, Inc. (RSG) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Waste Management Industry. The insider ownership of Republic Services, Inc. is 0.14%, while institutional ownership is 59.77%. The most recent insider transaction that took place on Mar 04 ’24, was worth 1,002,609. In this transaction CEO and President of this company sold 5,446 shares at a rate of $184.10, taking the stock ownership to the 85,113 shares. Before that another transaction happened on Aug 10 ’23, when Company’s EVP, Chief Marketing Officer sold 2,712 for $148.66, making the entire transaction worth $403,166. This insider now owns 4,969 shares in total.
Republic Services, Inc. (RSG) Recent Fiscal highlights
In its latest quarterly report, released on 12/30/2023, the company reported earnings of $1.41 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.89% during the next five years compared to 11.58% growth over the previous five years of trading.
Republic Services, Inc. (NYSE: RSG) Trading Performance Indicators
Here are Republic Services, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.99. Likewise, its price to free cash flow for the trailing twelve months is 30.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.47, a number that is poised to hit 1.35 in the next quarter and is forecasted to reach 6.72 in one year’s time.
Technical Analysis of Republic Services, Inc. (RSG)
Compared to the last year’s volume of 1.18 million, its volume of 1.37 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 88.47%. Additionally, its Average True Range was 2.00.
During the past 100 days, Republic Services, Inc.’s (RSG) raw stochastic average was set at 93.63%, which indicates a significant increase from 87.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.19% in the past 14 days, which was lower than the 11.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $179.22, while its 200-day Moving Average is $158.85. Nevertheless, the first resistance level for the watch stands at $190.30 in the near term. At $190.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $191.39. If the price goes on to break the first support level at $189.21, it is likely to go to the next support level at $188.72. Now, if the price goes above the second support level, the third support stands at $188.12.
Republic Services, Inc. (NYSE: RSG) Key Stats
With a market capitalization of 59.68 billion, the company has a total of 314,611K Shares Outstanding. Currently, annual sales are 14,965 M while annual income is 1,731 M. The company’s previous quarter sales were 3,832 M while its latest quarter income was 439,500 K.
