The leading market experts have placed a mean price target of $53.89 on Republic Services, Inc. (NYSE:RSG) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.54 a share for the upcoming quarter and $2.16 for the current fiscal. Technical View The technical analysis of Republic Services, Inc. Common plainly substantiates that the 50-day moving average of Republic Services, Inc. Common is $51.08, and stock is hovering 0.01 or +0.01% distant from $51.08. It is noted that the 200-day MA is $47.57, and Republic Services, Inc. Common stock is $3.52 or +7.41% off from this point. Republic Services, Inc. (NYSE:RSG) 52-week high is $52.92 and the 52-week low is $39.48. This explains if the stock moves $-1.83, it will post a 52-week high. In event of $+29.41% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Republic Services, Inc. Common , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Republic Services, Inc. (NYSE:RSG) ratio came in at 24.43. The stock last ended the trading session at $51.09 and registered a market cap of $17.57B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Republic Services, Inc. (NYSE:RSG) PEG ratio is at 2.87.
1 Chart Pattern Every Investor Should Know