Republic Services Inc. (NYSE:RSG) shares traded lower over the last trading session, losing -0.62% on 05/26/21. The shares fell to a low of $107.67 before closing at $107.96. Intraday shares traded counted 0.96 million, which was 19.66% higher than its 30-day average trading volume of 1.20M. RSG’s previous close was $108.63 while the outstanding shares total 319.40M. The firm has a beta of 0.70, a 12-month trailing P/E ratio of 33.95, and a growth ratio of 4.09. The stock’s Relative Strength Index (RSI) is 51.31, with weekly volatility at 1.28% and ATR at 1.59. The RSG stock’s 52-week price range has touched low of $78.22 and a $113.28 high.
Investors have identified the Waste Management company Republic Services Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $34.45 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Republic Services Inc. (RSG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 1.44 billion total, with 2.15 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 4.18 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RSG sounds very interesting.
Is the stock of RSG attractive?
In related news, Director, Volpe Sandra M bought 100 shares of the company’s stock in a transaction that recorded on May 19. The purchase was performed at an average price of 107.76, for a total value of 10,776. As the purchase deal closes, the EVP Chief Administrative Offic, Hughes Jeffrey A now sold 6,770 shares of the company’s stock, valued at 754,449. Also, COO, Stuart Timothy E sold 12,788 shares of the company’s stock in a deal that was recorded on May 10. The shares were cost at an average price of 112.31 per share, with a total market value of 1,436,202. Following this completion of disposal, the 10% Owner, CASCADE INVESTMENT, L.L.C. now holds 10,055 shares of the company’s stock, valued at 999,895. In the last 6 months, insiders have changed their ownership in shares of company stock by 34.30%.
8 out of 18 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Republic Services Inc.. 0 analysts has assigned a Sell rating on the RSG stock. The 12-month mean consensus price target for the company’s shares has been set at $118.62.