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

Republic Services (NYSE:RSG) had its price objective raised by research analysts at UBS Group from $225.00 to $240.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the business services provider’s stock. UBS Group’s price target indicates a potential upside of 4.57% from the stock’s previous close.

Other analysts have also recently issued reports about the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Republic Services in a report on Monday, December 29th. Oppenheimer cut their price objective on shares of Republic Services from $256.00 to $255.00 and set an “outperform” rating for the company in a research report on Friday, January 23rd. BMO Capital Markets decreased their target price on Republic Services from $251.00 to $248.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. The Goldman Sachs Group started coverage on Republic Services in a report on Monday, November 24th. They set a “buy” rating and a $255.00 price target for the company. Finally, Morgan Stanley reduced their price target on Republic Services from $230.00 to $225.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 18th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $245.70.

Republic Services Stock Performance

Shares of RSG traded down $2.05 during trading hours on Thursday, hitting $229.52. The stock had a trading volume of 113,143 shares, compared to its average volume of 1,441,590. The firm has a market capitalization of $70.88 billion, a PE ratio of 33.51, a PEG ratio of 3.84 and a beta of 0.54. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64. Republic Services has a 12 month low of $201.42 and a 12 month high of $258.75. The stock has a fifty day moving average price of $217.36 and a 200 day moving average price of $219.47.

Republic Services (NYSE:RSG) last announced its earnings results 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. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The business had revenue of $4.14 billion for the quarter, compared to analysts’ expectations of $4.21 billion. During the same period last year, the firm posted $1.58 earnings per share. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. Analysts anticipate that Republic Services will post 6.86 EPS for the current year.

Insider Activity

In related news, Director Katharine Weymouth bought 478 shares of the stock in a transaction dated Tuesday, December 9th. The shares were purchased at an average price of $209.46 per share, with a total value of $100,121.88. Following the completion of the acquisition, the director owned 5,740 shares of the company’s stock, valued at $1,202,300.40. This represents a 9.08% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.11% of the stock is currently owned by insiders.

Institutional Trading of Republic Services

A number of institutional investors and hedge funds have recently bought and sold shares of RSG. Bowen Hanes & Co. Inc. boosted its holdings in Republic Services by 7.3% in the 2nd quarter. Bowen Hanes & Co. Inc. now owns 254,540 shares of the business services provider’s stock valued at $62,772,000 after purchasing an additional 17,280 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Republic Services by 32.9% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 23,211 shares of the business services provider’s stock valued at $5,326,000 after buying an additional 5,740 shares during the period. National Pension Service lifted its holdings in Republic Services by 1.2% in the third quarter. National Pension Service now owns 758,644 shares of the business services provider’s stock valued at $174,094,000 after acquiring an additional 9,041 shares during the last quarter. Bessemer Group Inc. grew its position in Republic Services by 7,683.2% in the third quarter. Bessemer Group Inc. now owns 739,792 shares of the business services provider’s stock worth $169,768,000 after acquiring an additional 730,287 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in Republic Services by 60.0% during the third quarter. Farther Finance Advisors LLC now owns 12,665 shares of the business services provider’s stock worth $2,906,000 after acquiring an additional 4,750 shares during the last quarter. 57.73% of the stock is currently owned by 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.