Republic Services Inc. (NYSE:RSG) shares fell to a low of $107.03 before closing at $108.43. Intraday shares traded counted 1.13 million, which was -0.84% lower than its 30-day average trading volume of 1.12M. RSG’s previous close was $106.52 while the outstanding shares total 319.40M. The firm has a beta of 0.71, a 12-month trailing P/E ratio of 34.10, and a growth ratio of 4.11. The stock’s Relative Strength Index (RSI) is 49.52, with weekly volatility at 1.46% and ATR at 1.44. The RSG stock’s 52-week price range has touched low of $78.22 and a $113.28 high. The stock traded higher over the last trading session, gaining 1.79% on 06/21/21.
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 $35.31 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.
RSG were able to record 330.0 million as free cash flow during the 07/29/2021 quarter of the year, this saw their quarterly net cash flow reduce by -25.9 million. In cash movements, the company had a total of 661.0 million as operating cash flow.
Potential earnings growth for Republic Services Inc. (RSG)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/29/2021 quarter of the year, Republic Services Inc. recorded a total of 2.6 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 1.64% coming in sequential stages and their sales for the 07/29/2021 quarter increasing by 0.89%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.53 billion trying to sell their products during the last quarter, with the result yielding a gross income of 1.06 billion. This allows shareholders to hold on to 319.40M with the recently reported earning now reading 0.93 cents per share. This is a figure that compared to analyst’s prediction for their 07/29/2021 (0.93 cents a share).
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.