Republic Services which can be found using ticker (RSG) have now 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 173 and 129.13 and has a mean target at $147.22. Given that the stocks previous close was at $127.96 this indicates there is a potential upside of 15.1%. The day 50 moving average is $127.08 and the 200 day moving average is $133.08. The company has a market capitalization of $41,376m. You can visit the company’s website by visiting: https://www.republicservices.com
The potential market cap would be $47,604m based on the market consensus.
Republic Services, together with its subsidiaries, offers environmental services in the United States. 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. Its residential collection services include curbside collection of material for transport to transfer stations, landfills, recycling centers, and organics processing facilities; supply of recycling and waste containers; and renting of compactors. The company also engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill services. It serves small-container, large-container, and residential customers. As of December 31, 2022, the company operated through 353 collection operations, 233 transfer stations, 206 active landfills, 71 recycling centers, 6 saltwater disposal wells, and 7 deep injection wells, as well as 3 treatment, recovery, and disposal facilities in 41 states; and 20 treatment, storage, and disposal facilities. It also operates 73 landfill gas-to-energy and renewable energy projects, and 12 closed landfills. The company was incorporated in 1996 and is based in Phoenix, Arizona.
The company has a dividend yield of 1.55% with the ex dividend date set at 31-3-2023 (DMY).
Other points of data to note are a P/E ratio of 27.27, revenue per share of 42.69 and a 5.76% return on assets.
