Republic Services, Inc (NYSE:RSG) shares, rose in value on Friday, December 13, with the stock price down by -0.55% to the previous day’s close as strong demand from buyers drove the stock to $208.97.
Actively observing the price movement in the last trading, the stock closed the session at $210.13, falling within a range of $208.71 and $210.1. The value of beta (5-year monthly) was 0.707 whereas the PE ratio was 33.43 over 12-month period. Referring to stock’s 52-week performance, its high was $220.58, and the low was $160.65. On the whole, RSG has fluctuated by -2.66% over the past month.
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With the market capitalization of Republic Services, Inc currently standing at about $65.44 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 2.19, with its dividend yield at 1.05%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 16.05B, with a low estimate of 4.02B and a high estimate of 4.1B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.08B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RSG’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.34, with the price of RSG currently trading nearly -2.25% and 0.38% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.66, while the 7-day volatility ratio is showing 1.52% which for the 30-day chart, stands at 1.38%. Furthermore, Republic Services, Inc (RSG)’s beta value is 0.73, and its average true range (ATR) is 3.04.
A comparison of Republic Services, Inc (RSG) with its peers suggests the former has fared considerably weaker in the market. RSG showed an intraday change of -0.55% in last session, and over the past year, it grew by 25.05%%.
Data on historical trading for Republic Services, Inc (NYSE:RSG) indicates that the trading volumes over the past 10 days have averaged 0.88 and over the past 3 months, they’ve averaged 953.52K. According to company’s latest data on outstanding shares, there are 313.30 million shares outstanding.
Nearly 35.24% of Republic Services, Inc’s shares belong to company insiders and institutional investors own 59.48% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.12 million shares as on 2024-11-29, resulting in a short ratio of 2.04. According to the data, the short interest in Republic Services, Inc (RSG) stood at 104.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 2.59 million. The stock has risen by 26.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RSG stock heading into the next quarter.
