Shares of Republic Services, Inc. (NYSE:RSG) recorded -0.70% loss during trading session on December 6th, 2018. The script traded as low as $73.8 and last traded at $75.52. 3.88 million shares changed exchanged hands during trading, a drop of -166.02% from the 30-day average session volume of 1.46M shares. The firm had previously closed at $76.05. The company has $325.50M outstanding shares, a price-to-earnings ratio of 26.66, price-to-earnings-growth ratio of 2.44and a beta of 0.55. The company has a RSI of 51.86, ATR of 1.24 and a volatility of 2.00% this week. RSG has a 52 week low price of $60.26 and a 52 week high price of $78.54.
Investors have identified the tech company Republic Services, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 24.58B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Republic Services, Inc. (RSG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For RSG, the company has in raw cash 81.9 million on their books with 0 currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 7.91 billion total, with 57.7 million as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
RSG were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 820.5 million. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for Republic Services, Inc. (RSG)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Republic Services, Inc. recorded a total of 2.57 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.00% coming in sequential stages and their sales for the third quarter increasing by 0.02%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.58 billion trying to sell their products during the last quarter, with the result yielding a gross income of 988.3 million. This allows shareholders to hold on to 325.50M with the revenue now reading 810 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.75 cents a share).
Is the stock of RSG attractive?
Having a look at the company’s valuation, the company is expected to record 3.26 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RSG sounds very interesting.
In related news, Director Kirk Jennifer M bought 1,500 shares of the company’s stock in a transaction that recorded on October 31st, 2018. The purchase was performed at an average price of 72.35, for a total value of 108,525. As the purchase deal closes, the President and CEO Kirk Jennifer M now sold 134,400 shares of the company’s stock, valued at 9,811,200. Also, President and CEO SLAGER DONALD W sold 91,334 shares of the company’s stock in a deal that was recorded on August 10th, 2018. The shares were sold at an average cost of 73.04 per share, with a total market value of 286,689. Following this completion of disposal, the EVP Chief Financial Officer now holds 9,500 shares of the company’s stock, valued at 665,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
3 out of 10 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Republic Services, Inc. stock. 0 analysts has assigned a Sell rating on the RSG stock. The 12-month mean consensus price target for the company’s shares has been set at $74.63.