UBS Group Forecasts Strong Price Appreciation for Republic Services (NYSE:RSG) Stock

Republic Services (NYSE:RSG) had its price objective upped by investment analysts at UBS Group from $225.00 to $240.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the business services provider’s stock. UBS Group’s price target points to a potential upside of 3.75% from the company’s current price.

Several other research firms also recently commented on RSG. Sanford C. Bernstein raised their price objective on shares of Republic Services from $205.00 to $220.00 and gave the stock a “market perform” rating in a report on Monday, January 5th. Oppenheimer dropped their target price on Republic Services from $256.00 to $255.00 and set an “outperform” rating on the stock in a research report on Friday, January 23rd. BMO Capital Markets cut their price target on Republic Services from $251.00 to $248.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. Scotiabank decreased their price objective on Republic Services from $246.00 to $242.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 21st. Finally, Bank of America dropped their price objective on Republic Services from $271.00 to $241.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Republic Services has an average rating of “Moderate Buy” and an average target price of $245.70.

Republic Services Trading Down 0.1%

Shares of RSG opened at $231.33 on Thursday. Republic Services has a fifty-two week low of $201.42 and a fifty-two week high of $258.75. The business has a 50-day moving average of $218.08 and a 200 day moving average of $219.55. The firm has a market cap of $71.43 billion, a P/E ratio of 33.77, a price-to-earnings-growth ratio of 3.83 and a beta of 0.54. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64.

Republic Services (NYSE:RSG) last released its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.62 by $0.14. The business had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.21 billion. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The company’s revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.58 earnings per share. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, research analysts forecast that Republic Services will post 6.86 EPS for the current year.

Insider Activity

In other Republic Services news, Director Katharine Weymouth acquired 478 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were bought at an average price of $209.46 per share, for a total transaction of $100,121.88. Following the completion of the transaction, the director owned 5,740 shares of the company’s stock, valued at approximately $1,202,300.40. This represents a 9.08% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.11% of the company’s stock.

Hedge Funds Weigh In On Republic Services

A number of institutional investors have recently added to or reduced their stakes in RSG. Financial Consulate Inc. bought a new stake in shares of Republic Services during the 3rd quarter valued at about $25,000. Laurel Wealth Advisors LLC bought a new position in shares of Republic Services in the fourth quarter worth approximately $25,000. Wealth Watch Advisors INC purchased a new stake in Republic Services in the third quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in Republic Services by 121.8% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 67 shares during the last quarter. Finally, Ameriflex Group Inc. purchased a new position in Republic Services in the 3rd quarter worth approximately $29,000. 57.73% of the stock is currently owned by institutional investors.

About Republic Services

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.