Republic Services Inc (RSG) Stock AnalysisRSGRepublic Services Inc

Republic Services, Inc. specializes in environmental services industry. Through its subsidiaries, the Company provides customers with a set of products and services, including recycling, solid waste, special waste, hazardous waste and field services. Its segments include Group 1, Group 2 and Group 3. Group 1 segment is its recycling and waste business operating primarily in geographic areas located in the western United States. Group 2 segment is its recycling and waste business operating primarily in geographic areas located in the southeastern and mid-western United States, the eastern seaboard of the United States, and Canada. Group 3 segment is its environmental solutions business operating in geographic areas located across the United States and Canada. It operates across the United States and Canada through approximately 381 collection operations, 258 transfer stations, 81 recycling centers, 209 active landfills, and two treatment, recovery and disposal facilities, among others. It operates in the Industrials sector (REFUSE SYSTEMS industry).

Republic Services Inc (RSG) is a strong buy right now due to its current price of $231.54, which is below the average analyst price target of $240, indicating potential upside. Additionally, the company's RSI is at 92.091, suggesting it is in a strong momentum phase. The latest earnings report showed a net income of $566 million for Q2, translating to an EPS of $1.84, which is an increase from $1.75 in the previous year, reflecting solid growth. However, a risk to consider is the forward P/E ratio of 26.32, which indicates that the stock may be overvalued compared to its earnings growth potential.

12 analysts cover RSG: 4 rate it Buy, 8 Hold and 0 Sell. The average price target is 241.60.