Republic Services (NYSE:RSG) Sets New 52-Week Low – Time to Sell?

Republic Services, Inc. (NYSE:RSG) hit a new 52-week low during trading on Wednesday . The stock traded as low as $200.63 and last traded at $201.7760, with a volume of 101099 shares trading hands. The stock had previously closed at $203.88.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Morgan Stanley reduced their target price on Republic Services from $230.00 to $225.00 and set an “equal weight” rating for the company in a report on Wednesday, February 18th. Scotiabank reduced their target price on Republic Services from $246.00 to $242.00 and set a “sector perform” rating for the company in a report on Wednesday, January 21st. Wells Fargo & Company upped their target price on Republic Services from $238.00 to $252.00 and gave the company an “overweight” rating in a report on Wednesday, March 18th. Wolfe Research assumed coverage on Republic Services in a report on Friday, March 13th. They set a “peer perform” rating for the company. Finally, UBS Group upped their target price on Republic Services from $225.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Nine equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $244.67.

Republic Services Stock Performance

The firm has a 50 day moving average of $218.47 and a 200-day moving average of $215.90. The stock has a market capitalization of $61.77 billion, a PE ratio of 29.19, a P/E/G ratio of 3.43 and a beta of 0.43. 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 announced its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.14. The firm had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.21 billion. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The business’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.58 EPS. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. Research analysts forecast that Republic Services, Inc. will post 7.22 earnings per share for the current year.

Republic Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd were paid a $0.625 dividend. This represents a $2.50 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, April 2nd. Republic Services’s dividend payout ratio is currently 36.79%.

Institutional Investors Weigh In On Republic Services

Several hedge funds have recently bought and sold shares of the business. Wealth Watch Advisors INC purchased a new stake in shares of Republic Services during the 3rd quarter worth about $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Republic Services during the 4th quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Republic Services by 121.8% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider’s stock worth $28,000 after purchasing an additional 67 shares in the last quarter. Ameriflex Group Inc. purchased a new stake in shares of Republic Services during the 3rd quarter worth about $29,000. Finally, Prosperity Bancshares Inc purchased a new stake in shares of Republic Services during the 4th quarter worth about $30,000. 57.73% of the stock is owned by hedge funds and other institutional investors.

Republic Services Company Profile

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.