National Bank Financial Upgrades Republic Services (NYSE:RSG) to Hold

Republic Services (NYSE:RSG - Get Free Report) was upgraded by investment analysts at National Bank Financial to a "hold" rating in a research report issued on Monday,Zacks.com reports. National Bank Financial also issued estimates for Republic Services' Q2 2025 earnings at $1.75 EPS, Q3 2025 earnings at $1.83 EPS, Q4 2025 earnings at $1.72 EPS, FY2025 earnings at $6.89 EPS and FY2026 earnings at $7.68 EPS.

Other analysts also recently issued reports about the stock. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $266.00 target price on shares of Republic Services in a research report on Friday, April 25th. JPMorgan Chase & Co. raised their target price on shares of Republic Services from $229.00 to $275.00 and gave the company a "neutral" rating in a research note on Friday, May 23rd. William Blair reaffirmed an "outperform" rating on shares of Republic Services in a research report on Friday, April 25th. Morgan Stanley boosted their target price on Republic Services from $230.00 to $245.00 and gave the stock an "equal weight" rating in a report on Friday, April 25th. Finally, The Goldman Sachs Group increased their target price on Republic Services from $239.00 to $265.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $250.44.

Republic Services Stock Up 1.2%

RSG traded up $3.17 on Monday, hitting $257.61. The company had a trading volume of 2,680,727 shares, compared to its average volume of 1,138,381. The stock has a fifty day simple moving average of $244.48 and a 200-day simple moving average of $226.95. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.58 and a quick ratio of 0.64. The firm has a market capitalization of $80.50 billion, a P/E ratio of 39.69, a P/E/G ratio of 3.64 and a beta of 0.66. Republic Services has a 52-week low of $181.51 and a 52-week high of $257.84.

Republic Services (NYSE:RSG - Get Free Report) last released its earnings results on Thursday, April 24th. The business services provider reported $1.58 EPS for the quarter, beating analysts' consensus estimates of $1.53 by $0.05. The company had revenue of $4.01 billion during the quarter, compared to analysts' expectations of $4.08 billion. Republic Services had a return on equity of 18.28% and a net margin of 12.74%. The firm's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.45 EPS. As a group, equities analysts expect that Republic Services will post 6.86 EPS for the current fiscal year.

Institutional Trading of Republic Services

A number of hedge funds have recently bought and sold shares of the company. Barclays PLC lifted its stake in shares of Republic Services by 11.0% in the 3rd quarter. Barclays PLC now owns 675,163 shares of the business services provider's stock worth $135,598,000 after purchasing an additional 66,842 shares during the period. Brighton Jones LLC boosted its stake in shares of Republic Services by 75.8% during the 4th quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider's stock worth $3,988,000 after acquiring an additional 8,547 shares during the last quarter. PFG Investments LLC grew its position in shares of Republic Services by 4.2% during the 4th quarter. PFG Investments LLC now owns 3,730 shares of the business services provider's stock valued at $750,000 after acquiring an additional 152 shares during the period. Blue Trust Inc. increased its stake in shares of Republic Services by 19.1% in the 4th quarter. Blue Trust Inc. now owns 5,575 shares of the business services provider's stock worth $1,120,000 after purchasing an additional 896 shares in the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new position in Republic Services during the fourth quarter valued at $30,676,000. Hedge funds and other institutional investors own 57.73% of the company's stock.

Republic Services Company Profile

Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.