Republic Services Inc. (NYSE: RSG) has reported E.P.S. of $1.80 for its third fiscal quarter (ending September 30) versus $1.52 for the same period a year ago — an increase of 18%. For the latest four quarters through September 30, E.P.S. were $6.26 versus $5.18 for the same period a year ago — an increase of 21%.
Recent Price Action
Republic Services Inc. (NYSE: RSG) stock increased 1.9% on 10/29/24. The shares closed at $204.31. Moreover, this advance was accompanied by above average trading volume at 137% of normal. The stock is unchanged during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, RSG is expected to continue to be a major Value Builder.
Republic Services has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Republic Services has a poor Appreciation Score of 27 but a good Power Rating of 79, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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