RSG stock: buy or sell?
August 23rd, 2019
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:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-7||JPMorgan Chase & Co.||n/a||Neutral|
|2019-5-1||Royal Bank of Canada||n/a||Sector Perform|
|2019-4-26||Bank of America||Neutral||Neutral|
|2019-4-26||Bank of America||n/a||Neutral|
RSG stock analysis
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.
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 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 $87.00How 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-7||JPMorgan Chase & Co.||Initiates||n/a||$94.00||-|
|2019-7-26||Raymond James||Raises Target||$83.00||$93.00||12%|
|2019-4-4||UBS Group||Raises Target||$79.00||$82.00||3.8%|
|2019-4-26||Bank of America||Reiterates||$79.00||$85.00||7.6%|
|2019-4-26||Bank of America||Raises Target||$79.00||$85.00||7.6%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince February, when Republic Services presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%.
|2013||$8,420 M||-||$589 M7.0%||-|
|2014||$8,788 M||4.37%||$548 M6.2%||-7.01%|
|2015||$9,115 M||3.72%||$750 M8.2%||36.94%|
|2016||$9,388 M||2.99%||$613 M6.5%||-18.31%|
|2017||$10,042 M||6.96%||$1,278 M12.7%||108.68%|
|2018||$10,041 M||-0.01%||$1,037 M10.3%||-18.89%|
Quarterly financial resultsRepublic 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%.
|2017-Q2||$2,530 M||-||$203 M8.0%||-|
|2017-Q3||$2,560 M||1.19%||$223 M8.7%||10.00%|
|2017-Q4||$2,560 M||0.00%||$664 M26.0%||197.67%|
|2018-Q1||$2,428 M||-5.18%||$238 M9.8%||-64.22%|
|2018-Q2||$2,518 M||3.72%||$235 M9.3%||-1.18%|
|2018-Q3||$2,566 M||1.90%||$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 ownershipWhen 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:
|Market cap||$28.1 B||$4.0 B||$1.8 B||$44.6 M||$3.9 B|
|Total shares||321.7 M||55.9 M||41.7 M||12.1 M||91.1 M|
|Float shares||211.4 M||47.8 M||41.6 M||11.3 M||90.0 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$87.04 - $89.30|
|Average true range||$1.26|
|50d mov avg||$87.84|
|100d mov avg||$85.06|
|200d mov avg||$80.20|
Republic Services performanceTo 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.
|CWSTCasella Waste Sys...||13.88%||25.67%||60.41%|
Republic Services competitorsWe picked a few stocks to conform a list of Republic Services competitors to check if you are interested in investing in RSG:
- Clean Harbors (CLH)
- Casella Waste Systems (CWST)
- Perma-Fix Environmental Services (PESI)
- Stericycle (SRCL)
- Waste Connections (WCN)
- Waste Management (WM)
Latest RSG stock news
- Seeking AlphaInvesting In Trash (Republic Services) Is The Best Long-Term Decision You Can MakeJune 19, 2019
- Seeking AlphaRepublic Services: Finding Treasure In The TrashFebruary 17, 2019
- Seeking AlphaRepublic Services: One Man's Waste Disposal Service Is Another Man's Next Stock PurchaseMay 29, 2018