Drilling Down Into Republic Services, Inc. (RSG)

Republic Services, Inc. (RSG) is an interesting player in the Industrial Goods space, with a focus on Waste Management. The stock has been active on the tape, currently trading at $65.71, up from yesterday’s close by 0.24%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Republic Services, Inc. (RSG) currently trades with a market capitalization of $21.80 Billion. That value represents a market adjusting for revenues that have been growing by 7.60 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $920.9 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.69 on a per share basis this quarter. Perhaps, that suggests something about why 0.39% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, Republic Services, Inc. recorded a 52-week high of $69.40. It is now trading 3.69% off that level. The stock is trading $66.52 its 50-day moving average by 0.81%. The stock carved out a 52-week low down at $60.26.

In recent action, Republic Services, Inc. (RSG) has made a move of +0.41% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 11.79, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.68% with $329.11 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of RSG.

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