RSG Stock Summary and Trading Ideas (Republic Servs | NYSE:RSG)

Republic Services is the second largest integrated provider of traditional solid waste services in the United States, operating roughly 206 active landfills and 233 transfer stations. The company serves residential, commercial, and industrial end markets. It also runs a sizable recycling operation in North America.

Republic Servs trades on the NYSE stock market under the symbol RSG.

As of April 19, 2024, RSG stock price climbed to $189.76 with 1,367,488 million shares trading.

RSG has a beta of 0.51, meaning it tends to be less sensitive to market movements. RSG has a correlation of 0.20 to the broad based SPY ETF.

RSG has a market cap of $59.71 billion. This is considered a Large Cap stock.

Last quarter Republic Servs reported $4 billion in Revenue and $1.41 earnings per share. This beat revenue expectation by $102 million and exceeded earnings estimates by $.12.

In the last 3 years, RSG stock traded as high as $192.57 and as low as $104.00.

The top ETF exchange traded funds that RSG belongs to (by Net Assets): VTI, VOO, SPY, IVV, USMV.

RSG has outperformed the market in the last year with a price return of +39.5% while the SPY ETF gained +21.2%. RSG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +12.8% and +0.7%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

RSG support price is $187.58 and resistance is $190.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RSG stock will trade within this expected range on the day.