Republic Services (RSG) Getting Somewhat Favorable Media Coverage, Analysis Shows

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News coverage about Republic Services (NYSE:RSG) has been trending somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Republic Services earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.2353946220327 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

RSG has been the topic of a number of recent analyst reports. ValuEngine raised Republic Services from a “hold” rating to a “buy” rating in a report on Thursday, August 2nd. Oppenheimer reaffirmed a “hold” rating on shares of Republic Services in a report on Thursday, May 3rd. Zacks Investment Research raised Republic Services from a “sell” rating to a “hold” rating in a report on Wednesday, May 30th. Finally, Argus raised Republic Services from a “hold” rating to a “buy” rating in a report on Thursday, May 10th. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $72.14.

Shares of RSG stock opened at $72.86 on Monday. Republic Services has a 12-month low of $60.26 and a 12-month high of $73.31. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $23.81 billion, a PE ratio of 29.98, a PEG ratio of 2.25 and a beta of 0.60.

Republic Services (NYSE:RSG) last issued its earnings results on Thursday, July 26th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.73. Republic Services had a return on equity of 11.65% and a net margin of 13.51%. The firm had revenue of $2.52 billion for the quarter, compared to analysts’ expectations of $2.53 billion. During the same period in the previous year, the firm posted $0.61 earnings per share. The business’s revenue was down .4% compared to the same quarter last year. analysts predict that Republic Services will post 3.04 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 15th. Stockholders of record on Monday, October 1st will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 2.06%. This is a boost from Republic Services’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, September 28th. Republic Services’s payout ratio is 56.79%.

In other Republic Services news, CFO Charles F. Serianni sold 9,500 shares of the business’s stock in a transaction that occurred on Thursday, July 12th. The stock was sold at an average price of $70.00, for a total transaction of $665,000.00. Following the sale, the chief financial officer now directly owns 46,143 shares of the company’s stock, valued at $3,230,010. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jeffrey A. Hughes sold 16,200 shares of the business’s stock in a transaction that occurred on Wednesday, May 30th. The stock was sold at an average price of $68.00, for a total value of $1,101,600.00. Following the sale, the executive vice president now directly owns 16,200 shares in the company, valued at $1,101,600. The disclosure for this sale can be found here. Insiders own 0.30% of the company’s stock.

Republic Services Company Profile

Republic Services, Inc, together with its subsidiaries, provides non-hazardous solid waste collection, transfer, recycling, disposal, and energy services for small-container, large-container, municipal and residential, and energy services customers in the United States and Puerto Rico. The company's collection services include curbside collection of waste for transport to transfer stations; supply of waste containers; and renting of compactors.

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Insider Buying and Selling by Quarter for Republic Services (NYSE:RSG)

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