The leading market experts have placed a mean price target of $55.78 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 $0.55 a share for the upcoming quarter and $2.16 for the current fiscal.
The technical analysis of Republic Services, Inc. Common plainly substantiates that the 50-day moving average of Republic Services, Inc. Common is $51.15, and stock is trading $-1.63 points away or -3.19% from its 50-day moving average of $51.15. Further it is trading $0.46 or +0.93% away its 200-day moving average of $49.06. Republic Services, Inc. (NYSE:RSG) 52-week high is $52.92 and the 52-week low is $40.05.
This explains if the stock moves $-3.40, it will post a 52-week high. In event of +23.65% 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 23.80.
The stock last ended the trading session at $49.52 and registered a market cap of $16.98B. 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 2.52.
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