RSG stock: buy or sell?

RSG stock price: $87.42 -1.80% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

5

After topping to all time highs on Monday, Republic Services slipped -1.80% today to $87.42.

Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, recycling, disposal, and energy services for small-container, large-container, municipal and residential, and energy services customers in the United States and Puerto Rico.

Should I buy RSG stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

These 2 buy setups are elegible for Republic Services stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Republic Services stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we gathered 8 ratings published for RSG stock in the last month.

Is RSG a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-7JPMorgan Chase & Co.n/aNeutral
2019-7-26Raymond Jamesn/aOutperform
2019-7-26Raymond Jamesn/aOutperform
2019-5-1Royal Bank of Canadan/aSector Perform
2019-4-4UBS GroupNeutralNeutral
2019-4-26Bank of AmericaNeutralNeutral
2019-4-26Bank of American/aNeutral
2019-1-10UBS GroupBuyNeutral

RSG stock analysis

Daily outlook

Republic Services slipped -1.80% today to $87.42 after marking all time highs on Monday.

Republic Services slipped -1.80% to $87.42 after reaching all time highs on Monday. On Monday, RSG hit a new all time high, pushing higher than on Aug 13th tops. Check different trading setups that use ATHs as triggers. In this session, Republic Services stock crossed down the SMA50d line. If you are using SMA50d line as stop loss trigger, double check your position in this stock.

RSG stock chart (daily)

Weekly outlook

Shares of Republic Services closed this week at $87.42 after marking a new all time high ($90.62) even it couldn't close with gains and eased an awful -2.78%.

Republic Services stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, RSG might consolidate in a flat-base, waiting to break out over or down under . Since early January when RSG stock price broke up the SMA20w line, it gained $15.26 (21.15%).

RSG stock chart (weekly)

RSG stock price history

RSG stock went public on July 1st, 1998 with a price of $11.271. Since then, RSG stock grew a 675.70%, with a yearly average of 32.20%. If you had invested $1,000 in RSG stock in 1998, it would worth $6,757.00 today.

1: Adjusted price after possible price splits or reverse-splits.

RSG stock historical price chart

RSG stock reached all-time highs on Monday with a price of $90.62.

RSG stock price target is $87.00

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 7 price targets for RSG stock posted in the last month:
RSG stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-7JPMorgan Chase & Co.Initiatesn/a$94.00-
2019-7-26Raymond JamesReiterates$83.00$93.0012%
2019-7-26Raymond JamesRaises Target$83.00$93.0012%
2019-4-4UBS GroupRaises Target$79.00$82.003.8%
2019-4-26Bank of AmericaReiterates$79.00$85.007.6%
2019-4-26Bank of AmericaRaises Target$79.00$85.007.6%
2019-1-10UBS GroupDowngrades$83.00$77.00-7.2%
(in average)$81.00$87.007.0%
Moving in a range from $94.00 and $77.00, the price target for RSG stock is $87.00. In average, analysts' outlook on RSG price target is positive, upgrading the prediction by a 7.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since February, when Republic Services presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
RSG earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.6n/a
2017-Q32017-11-020.630.676.3%
2017-Q42018-02-080.570.617.0%
2018-Q12018-05-020.690.747.2%
2018-Q22018-07-260.730.730.0%
2018-Q32018-10-250.810.821.2%
2018-Q42019-02-070.780.82.6%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a tight movement of -0.01% to $10,040.90 million dollars. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) slightly fell a -2.40% to 10.33%.

RSG annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$8,420 M-$589 M7.0%-
2014$8,788 M4.37%$548 M6.2%-7.01%
2015$9,115 M3.72%$750 M8.2%36.94%
2016$9,388 M2.99%$613 M6.5%-18.31%
2017$10,042 M6.96%$1,278 M12.7%108.68%
2018$10,041 M-0.01%$1,037 M10.3%-18.89%

Quarterly financial results

Republic Services reported $2,530.00 million in revenues for 2018-Q4, a -1.39% decline compared to previous quarter. Reported quarter income marked $300.90 million with a profit margin of 11.89%. Profit margin stepped up a 1.63% compared to previous quarter when profit margin was 10.27%. When comparing revenues to same quarter last year, Republic Services sales marked a lame decrease and decreased a -1.17%.
RSG quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,530 M-$203 M8.0%-
2017-Q3$2,560 M1.19%$223 M8.7%10.00%
2017-Q4$2,560 M0.00%$664 M26.0%197.67%
2018-Q1$2,428 M-5.18%$238 M9.8%-64.22%
2018-Q2$2,518 M3.72%$235 M9.3%-1.18%
2018-Q3$2,566 M1.90%$263 M10.3%12.13%
2018-Q4$2,530 M-1.39%$301 M11.9%14.24%
2019-Q1$2,471 M-2.35%$234 M9.5%-22.17%

Republic Services ownership

When you are planning to invest in shares of a stock, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Republic Services, 0.17% of all outstanding shares are owned by its staff.

Bearish positions for RSG stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Republic Services:

RSGCLHCWSTPESISRCL
Market cap$28.1 B$4.0 B$1.8 B$44.6 M$3.9 B
Total shares321.7 M55.9 M41.7 M12.1 M91.1 M
Float shares211.4 M47.8 M41.6 M11.3 M90.0 M
  - Institutional holdings (%)96.9%94.6%83.7%44.3%104.2%
  - Insider holdings (%)0.2%8.1%4.5%6.3%1.2%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

RSG summary

Friday, August 23rd, 2019
Open$88.94
Close$87.42
Day range$87.04 - $89.30
Previous close$89.02
Session gain-1.80%
Average true range$1.26
50d mov avg$87.84
100d mov avg$85.06
200d mov avg$80.20
Daily pattern
Weekly pattern lt06a

Republic Services performance

To measure stock performance is always good to compare with competitors or related stocks. For Republic Services, the comparison is made against Clean Harbors, Casella Waste Systems, Perma-Fix Environmental Services, Stericycle, Waste Connections and Waste Management.
Stock3m6m12m
RSGRepublic Services3.84%13.64%21.74%
CLHClean Harbors7.21%19.64%5.82%
CWSTCasella Waste Sys...13.88%25.67%60.41%
PESIPerma-Fix Environ...-6.57%12.12%-23.71%
SRCLStericycle-8.13%-5.68%-30.14%
WCNWaste Connections-5.70%7.35%14.09%
WMWaste Management7.40%17.37%30.38%

Republic Services competitors

We picked a few stocks to conform a list of Republic Services competitors to check if you are interested in investing in RSG:

Latest RSG stock news