Republic Services, Inc.’s Stock Price Soars to $201.56, Marking a Robust 2.47% Uptrend

Republic Services, Inc. (RSG)

201.56 USD +4.86 (+2.47%) Volume: 2.85M

Republic Services, Inc.’s stock price is currently standing strong at 201.56 USD, marking a positive change of +2.47% this trading session with a substantial trading volume of 2.85M. With an impressive year-to-date increase of +22.22%, RSG’s stock performance continues to attract investors, solidifying its position in the waste management industry.

Latest developments on Republic Services, Inc.

Republic Services Inc. (NYSE:RSG) has seen a series of key events leading up to today’s stock price movements. Atria Investments Inc recently acquired a new position in the company, while TD Cowen raised the stock target to $200.00 following a steady Q2 performance. Despite rising on Tuesday, Republic Services stock still underperforms the market. The company has also announced plans to make $4 million in improvements to a County Landfill, showing a commitment to growth and efficiency. Additionally, Republic Services has adjusted collection pick-up times to beat the heat, further demonstrating their dedication to customer satisfaction and operational excellence.

Republic Services, Inc. on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been providing positive coverage of Republic Services, highlighting the company’s strategic acquisitions and strong financial performance. In a report titled “Republic Services Group: Strategic Acquisitions,” Republic Services‘ robust second-quarter results were praised, with a focus on customer engagement, digital transformation, and sustainable practices driving revenue growth of 9% and adjusted EBITDA growth of 13%. The company’s emphasis on high-quality customer service and organic growth has led to a customer retention rate above 94%.

Another report by Baptista Research, “Republic Services Inc.: Continued Growth Poised by Pricing! – Major Drivers,” emphasized the company’s profit-oriented growth during the first quarter of 2024. Republic Services saw revenue growth of 8%, adjusted EBITDA growth of 12%, and an expansion of adjusted EBITDA margin by 120 basis points. With adjusted earnings per share at $1.45 and adjusted free cash flow of $535 million, Republic Services continues to demonstrate strong financial performance and strategic planning for future growth.

A look at Republic Services, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Republic Services, Inc. is looking at a positive long-term outlook based on the Smartkarma Smart Scores. With a strong momentum score of 4, the company is showing good performance and growth potential. Additionally, the growth and dividend scores of 3 each indicate a stable and promising future for Republic Services. Although the value and resilience scores are slightly lower at 2, the overall outlook remains positive for the company.

Republic Services, Inc. is a company that provides solid waste collection and disposal services in the United States. With a focus on commercial, industrial, municipal, and residential customers, the company operates transfer stations, landfills, and recycling facilities. The Smartkarma Smart Scores highlight Republic Services‘ strong momentum and growth potential, positioning the company for continued success in the long term.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma