Republic Services (NYSE:RSG - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 6.820-6.900 for the period, compared to the consensus EPS estimate of 6.790. The company issued revenue guidance of $16.9 billion-$17.0 billion, compared to the consensus revenue estimate of $17.0 billion.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the stock. Jefferies Financial Group lifted their price target on shares of Republic Services from $235.00 to $244.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. BMO Capital Markets raised shares of Republic Services from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $211.00 to $238.00 in a research report on Friday, December 6th. Morgan Stanley lifted their price target on shares of Republic Services from $220.00 to $230.00 and gave the stock an "equal weight" rating in a research report on Friday. Truist Financial restated a "buy" rating and set a $250.00 price objective (up from $244.00) on shares of Republic Services in a report on Friday. Finally, CIBC raised their price objective on shares of Republic Services from $217.00 to $227.00 and gave the stock a "neutral" rating in a report on Wednesday, December 4th. Six investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $225.38.
Read Our Latest Stock Report on Republic Services
Republic Services Stock Performance
NYSE RSG traded up $6.49 during trading on Monday, reaching $230.98. The company's stock had a trading volume of 1,506,661 shares, compared to its average volume of 945,565. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $72.33 billion, a price-to-earnings ratio of 36.96, a price-to-earnings-growth ratio of 3.24 and a beta of 0.74. Republic Services has a 12 month low of $177.03 and a 12 month high of $232.52. The firm has a 50 day moving average price of $210.94 and a 200 day moving average price of $207.52.
Republic Services (NYSE:RSG - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The business services provider reported $1.58 earnings per share for the quarter, topping analysts' consensus estimates of $1.37 by $0.21. Republic Services had a net margin of 12.46% and a return on equity of 18.18%. The company had revenue of $4.05 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the prior year, the firm posted $1.41 EPS. As a group, equities analysts anticipate that Republic Services will post 6.25 EPS for the current fiscal year.
Republic Services Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Wednesday, April 2nd will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Wednesday, April 2nd. Republic Services's dividend payout ratio is 35.75%.
Insider Buying and Selling
In other Republic Services news, CFO Brian M. Delghiaccio sold 5,071 shares of the company's stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $210.02, for a total value of $1,065,011.42. Following the completion of the transaction, the chief financial officer now directly owns 6,318 shares in the company, valued at approximately $1,326,906.36. This represents a 44.53 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Katharine Weymouth sold 1,859 shares of the company's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $215.27, for a total transaction of $400,186.93. Following the completion of the sale, the director now directly owns 879 shares in the company, valued at approximately $189,222.33. This represents a 67.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.09% of the stock is owned by corporate insiders.
About Republic Services
(
Get Free Report)
Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.
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