Republic Services, Inc. (RSG)
NYSE: RSG · IEX Real-Time Price · USD
185.19
+3.12 (1.71%)
May 31, 2024, 4:00 PM EDT - Market closed
Republic Services Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Republic Services stock have an average target of 201.17, with a low estimate of 167 and a high estimate of 230. The average target predicts an increase of 8.63% from the current stock price of 185.19.
Analyst Consensus: Buy
* Price targets were last updated on May 1, 2024.
Analyst Ratings
The average analyst rating for RSG stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Hold | 5 | 5 | 5 | 6 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 13 | 12 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $211 → $213 | Hold | Maintains | $211 → $213 | +15.02% | May 1, 2024 |
| UBS | UBS | Hold Maintains $195 → $200 | Hold | Maintains | $195 → $200 | +8.00% | May 1, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $202 → $204 | Buy | Maintains | $202 → $204 | +10.16% | May 1, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $209 → $230 | Strong Buy | Maintains | $209 → $230 | +24.20% | Apr 16, 2024 |
| RBC Capital | RBC Capital | Hold Initiates $199 → $198 | Hold | Initiates | $199 → $198 | +6.92% | Apr 8, 2024 |
Financial Forecast
Revenue This Year
16.30B
from 14.96B
Increased by 8.93%
Revenue Next Year
17.25B
from 16.30B
Increased by 5.85%
EPS This Year
6.11
from 5.47
Increased by 11.78%
EPS Next Year
6.84
from 6.11
Increased by 11.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.0B | 18.3B | 19.4B | 20.5B | 21.6B |
| Avg | 16.3B | 17.3B | 18.3B | 19.6B | 20.7B |
| Low | 15.7B | 16.5B | 17.5B | 18.9B | 19.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.7% | 12.1% | 12.3% | 11.7% | 10.5% |
| Avg | 8.9% | 5.8% | 6.2% | 6.9% | 5.5% |
| Low | 5.1% | 1.4% | 1.4% | 3.1% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.50 | 7.49 | 8.33 | 8.53 | 9.11 |
| Avg | 6.11 | 6.84 | 7.64 | 7.94 | 8.30 |
| Low | 5.84 | 6.40 | 7.13 | 7.45 | 7.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.8% | 22.4% | 21.8% | 11.6% | 14.8% |
| Avg | 11.8% | 11.8% | 11.7% | 3.9% | 4.6% |
| Low | 6.8% | 4.7% | 4.4% | -2.5% | -4.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.