RSG stock: buy or sell?

RSG stock price: $94.64 0.24% At close on January 24th, 2020

Updated on:
January 24th, 2020

5

After marking all time highs on Jan/24, Republic Services remained steady 0.24% on Jan/24 to $94.64. Jan/24 was the 4th climbing day in a row, marking 1.26%.

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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups are elegible for Republic Services stock 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 publish stock ratings everyday. At Stocks2.com, we detected 9 ratings published for RSG stock in the last 30 days.

Is RSG a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-7JPMorgan Chase & Co.n/aNeutral
2019-8-30Shore Capitaln/aNot Rated
2019-8-28Berenberg Bankn/aBuy
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

RSG stock analysis

Daily outlook

After climbing to all-time highs several times in past weeks, Republic Services remained constant 0.24% to $94.64.

Republic Services shares topped new all time highs again on January 24th, setting highs to $94.93. Shares ended at $94.64 and remained constant 0.24%. From a daily perspective, RSG is in a short term uptrend after plotting its last bottom ($88.77, on Jan/2) higher than the previous bottom, and its last top ($94.61, on Wednesday) also over the previous top. Now trading in between its last bottom and last top RSG might consolidate in a plain range, waiting to break out over $94.61 or down under $88.77. On December 19th, SMA50d and SMA100d crossed up triggering a rise of 6.72%. On November RSG price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock.

RSG stock chart (daily)

Weekly outlook

Republic Services shares gained 1.26% this week and peaked a new all time high at $94.93. For 5 weeks in a row, price soared and marked a profit of 6.55%.

RSG shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom by mid September 2019, RSG climbed unceasignly breaking out to new all time highs. By mid December 2019, SMA10w and SMA20w crossed up triggering a rise of 6.64%. Since late November 2019 when RSG stock price broke up the SMA20w line, it gained $7.78 (8.96%).

RSG stock chart (weekly)

RSG stock price history

RSG IPO was on July 1st, 1998 at $11.17 per share1. Since then, RSG stock grew a 747.30%, with an average of 35.60% per year. If you had invested $1,000 in RSG stock in 1998, it would worth $7,473.00 today.

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

RSG stock historical price chart

RSG stock reached all-time highs on January/24 with a price of $94.93.

RSG stock price target is $88.70

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' RSG stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we found 6 price forecasts for Republic Services stock:
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%
(in average)$80.60$88.7010.0%
The price target for Republic Services stock is $88.70, moving in a range between $94.00 and $82.00. In average, analysts' outlook on RSG price target is positive, improving the target by a 10.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Republic Services presented its financial report, in line with analysts' consensus and published a $0.80 Earnings per Share. As soon as we get its posted EPS from the earnings report, we will extend this review.
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 move of -0.01% to $10,040.90 million dollars. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) decreased 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 earnings marked $300.90 million with a profit margin of 11.89%. Profit margin grew 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 slightly fell 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 buy shares of a company, it's always worth to have a look its ownership structure.

Republic Services shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.14% of all shares.

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

For a better context understanding, the following table shows ownership data compared to other related companies:

RSG
Market cap$30.2 B
Total shares319.1 M
Float shares209.8 M
  - Institutional holdings (%)94.7%
  - Insider holdings (%)0.1%
Shares in short selling0.0%

RSG summary

Friday, January 24th, 2020
Open$94.50
Close$94.64
Day range$94.19 - $94.93
Previous close$94.41
Session gain0.24%
Average true range$0.78
50d mov avg$89.31
100d mov avg$87.69
200d mov avg$86.22
Daily patternlt06a
Weekly pattern lb03c

Republic Services performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared Republic Services against in the following table:
Stock3m6m12m
RSGRepublic Services10.51%5.79%26.42%

Republic Services competitors

Unfortunately, we could not find any public company that could be defined as Republic Services competitor. This doesn't mean Republic Services does not have any competitor in the market, it's just we could not detected it.

    Latest RSG stock news