Republic Services (RSG) Stock Forecast, Price Target & Predictions
RSG Stock Forecast
Republic Services stock forecast is as follows: an average price target of $201.36 (represents a -6.20% downside from RSG’s last price of $214.68) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
RSG Price Target
The average price target for Republic Services (RSG) is $201.36 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $244.00 to $140.00. This represents a potential -6.20% downside from RSG's last price of $214.68.
RSG Analyst Ratings
According to 14 Wall Street analysts, Republic Services's rating consensus is 'Buy'. The analyst rating breakdown for RSG stock is 0 'Strong Buy' (0.00%), 9 'Buy' (64.29%), 5 'Hold' (35.71%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Republic Services Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Stephanie Moore | Jefferies | $235.00 | $198.81 | 18.20% | 9.47% |
| Oct 30, 2024 | Tobey Sommer | Truist Financial | $244.00 | $202.32 | 20.60% | 13.66% |
| Oct 30, 2024 | Noah Kaye | Oppenheimer | $220.00 | $204.31 | 7.68% | 2.48% |
| Oct 21, 2024 | Noah Kaye | Oppenheimer | $219.00 | $204.69 | 6.99% | 2.01% |
| Jul 25, 2024 | Devin Dodge | BMO Capital | $211.00 | $189.33 | 11.45% | -1.71% |
| May 22, 2024 | Faiza Alwy | Deutsche Bank | $203.00 | $186.48 | 8.86% | -5.44% |
| May 21, 2024 | Michael Hoffman | Stifel Nicolaus | $210.00 | $185.98 | 12.92% | -2.18% |
| May 01, 2024 | Jeffrey Silber | BMO Capital | $202.00 | $182.84 | 10.48% | -5.91% |
| May 01, 2024 | Walter Spracklin | RBC Capital | $201.00 | $183.11 | 9.77% | -6.37% |
| Apr 23, 2024 | David Manthey | Robert W. Baird | $203.00 | $191.76 | 5.86% | -5.44% |
The latest Republic Services stock forecast, released on Oct 30, 2024 by Stephanie Moore from Jefferies, set a price target of $235.00, which represents a 18.20% increase from the stock price at the time of the forecast ($198.81), and a 9.47% increase from RSG last price ($214.68).
Republic Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 4 | 4 | 12 |
| Avg Price Target | $229.50 | $229.50 | $211.58 |
| Last Closing Price | $214.68 | $214.68 | $214.68 |
| Upside/Downside | 6.90% | 6.90% | -1.44% |
In the current month, the average price target of Republic Services stock is $229.50, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 6.90% increase as opposed to Republic Services's last price of $214.68. This month's average price target is down 0.00% compared to last quarter, and up 8.47% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Oct 30, 2024 | Jefferies | Buy | Buy | Hold |
| Oct 30, 2024 | CIBC | Neutral | Neutral | Hold |
| Oct 21, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Oct 03, 2024 | William Blair | - | Outperform | Initialise |
| Aug 05, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 25, 2024 | CIBC | Neutral | Neutral | Hold |
| Jul 25, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 25, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 22, 2024 | Deutsche Bank | Hold | Hold | Hold |
Republic Services's last stock rating was published by Cowen & Co. on Oct 31, 2024. The company gave RSG a "Buy" rating, the same as its previous rate.
Republic Services Financial Forecast
Republic Services Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.83B | - | $3.73B | $3.58B | $3.53B | $3.60B | $3.41B | $2.97B | $2.95B | $2.93B |
| Avg Forecast | $6.12B | $5.98B | $5.84B | $5.70B | $5.56B | $5.43B | $5.30B | $5.18B | $4.52B | $4.52B | $4.48B | $4.31B | $4.30B | $4.29B | $4.26B | $4.09B | $4.08B | $4.12B | $4.04B | $3.89B | $3.73B | $3.81B | $3.73B | $3.44B | $3.48B | $3.54B | $3.30B | $2.89B | $2.87B | $2.84B |
| High Forecast | $6.17B | $6.03B | $5.89B | $5.75B | $5.61B | $5.48B | $5.35B | $5.22B | $4.56B | $4.56B | $4.51B | $4.34B | $4.33B | $4.33B | $4.29B | $4.14B | $4.11B | $4.12B | $4.04B | $3.89B | $3.79B | $3.81B | $3.76B | $3.47B | $3.50B | $3.54B | $3.30B | $2.89B | $2.87B | $2.84B |
| Low Forecast | $5.98B | $5.84B | $5.70B | $5.57B | $5.44B | $5.31B | $5.18B | $5.06B | $4.42B | $4.42B | $4.37B | $4.21B | $4.20B | $4.20B | $4.16B | $3.96B | $3.91B | $4.12B | $4.04B | $3.89B | $3.69B | $3.81B | $3.65B | $3.36B | $3.40B | $3.54B | $3.30B | $2.89B | $2.87B | $2.84B |
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 13 | 7 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | 1.00% | 1.04% | 1.02% | 1.02% | 1.04% | 1.03% | 1.03% | 1.03% |
Republic Services's average Quarter revenue forecast for Mar 24 based on 6 analysts is $3.89B, with a low forecast of $3.89B, and a high forecast of $3.89B. RSG's average Quarter revenue forecast represents a 1.56% increase compared to the company's last Quarter revenue of $3.83B (Dec 23).
Republic Services EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 13 | 7 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.13B | - | $813.90M | $1.04B | $874.10M | $1.00B | $991.00M | $898.60M | $48.40M | $870.40M |
| Avg Forecast | $1.73B | $1.69B | $1.65B | $1.61B | $1.58B | $1.54B | $1.50B | $1.47B | $1.28B | $1.28B | $1.27B | $1.22B | $1.22B | $1.22B | $1.21B | $1.16B | $1.16B | $1.17B | $1.14B | $982.27M | $1.06B | $1.08B | $1.06B | $892.97M | $52.71M | $1.00B | $933.25M | $811.79M | $813.17M | $803.27M |
| High Forecast | $1.75B | $1.71B | $1.67B | $1.63B | $1.59B | $1.55B | $1.51B | $1.48B | $1.29B | $1.29B | $1.28B | $1.23B | $1.23B | $1.23B | $1.22B | $1.17B | $1.16B | $1.17B | $1.14B | $1.18B | $1.07B | $1.08B | $1.07B | $1.07B | $63.26M | $1.00B | $933.25M | $974.15M | $813.17M | $803.27M |
| Low Forecast | $1.69B | $1.65B | $1.62B | $1.58B | $1.54B | $1.50B | $1.47B | $1.43B | $1.25B | $1.25B | $1.24B | $1.19B | $1.19B | $1.19B | $1.18B | $1.12B | $1.11B | $1.17B | $1.14B | $785.82M | $1.05B | $1.08B | $1.03B | $714.38M | $42.17M | $1.00B | $933.25M | $649.44M | $813.17M | $803.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | - | 0.77% | 1.17% | 16.58% | 1.00% | 1.06% | 1.11% | 0.06% | 1.08% |
6 analysts predict RSG's average Quarter EBITDA for Mar 24 to be $982.27M, with a high of $1.18B and a low of $785.82M. This is -13.20% lower than Republic Services's previous annual EBITDA (Dec 23) of $1.13B.
Republic Services Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 13 | 7 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $439.60M | - | $427.40M | $383.90M | $346.80M | $416.90M | $371.90M | $352.00M | $313.80M | $350.30M |
| Avg Forecast | $708.28M | $714.60M | $707.43M | $670.08M | $662.22M | $667.66M | $657.57M | $626.89M | $584.96M | $628.39M | $609.68M | $560.30M | $527.99M | $571.50M | $547.97M | $494.02M | $442.18M | $506.97M | $490.05M | $389.41M | $404.83M | $448.06M | $416.26M | $354.01M | $342.74M | $384.93M | $373.45M | $321.83M | $318.53M | $330.25M |
| High Forecast | $715.85M | $722.24M | $714.99M | $677.25M | $669.31M | $674.80M | $664.60M | $633.59M | $591.21M | $635.11M | $616.20M | $566.29M | $533.63M | $577.61M | $553.83M | $522.15M | $476.92M | $518.85M | $494.58M | $467.30M | $411.16M | $453.90M | $420.71M | $424.81M | $411.29M | $392.90M | $378.18M | $386.19M | $318.53M | $330.25M |
| Low Forecast | $687.23M | $693.36M | $686.41M | $650.17M | $642.54M | $647.82M | $638.03M | $608.26M | $567.57M | $609.72M | $591.57M | $543.65M | $512.30M | $554.51M | $531.69M | $459.62M | $410.59M | $495.09M | $485.52M | $311.53M | $398.51M | $442.22M | $403.88M | $283.21M | $274.19M | $376.97M | $368.71M | $257.46M | $318.53M | $330.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | - | 1.03% | 1.08% | 1.01% | 1.08% | 1.00% | 1.09% | 0.99% | 1.06% |
Republic Services's average Quarter net income forecast for Mar 24 is $389.41M, with a range of $311.53M to $467.30M. RSG's average Quarter net income forecast represents a -11.42% decrease compared to the company's last Quarter net income of $439.60M (Dec 23).
Republic Services SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 13 | 7 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $431.40M | - | $396.00M | $363.80M | $369.70M | $342.90M | $330.10M | $296.40M | $333.50M | $291.80M |
| Avg Forecast | $625.10M | $610.31M | $595.87M | $581.77M | $568.01M | $554.57M | $541.45M | $528.64M | $461.67M | $461.65M | $456.88M | $439.49M | $438.65M | $438.32M | $434.54M | $417.12M | $416.71M | $420.51M | $412.21M | $327.90M | $381.05M | $388.74M | $381.00M | $298.09M | $363.22M | $361.40M | $336.45M | $270.99M | $293.16M | $289.59M |
| High Forecast | $630.24M | $615.33M | $600.77M | $586.56M | $572.68M | $559.13M | $545.90M | $532.99M | $465.47M | $465.44M | $460.63M | $443.10M | $442.26M | $441.92M | $438.12M | $422.24M | $419.79M | $420.71M | $412.41M | $393.48M | $387.20M | $388.74M | $384.13M | $357.71M | $435.86M | $361.40M | $336.45M | $325.19M | $293.16M | $289.59M |
| Low Forecast | $610.81M | $596.36M | $582.25M | $568.47M | $555.02M | $541.89M | $529.07M | $516.55M | $451.12M | $451.09M | $446.43M | $429.44M | $428.62M | $428.30M | $424.61M | $403.79M | $399.26M | $420.32M | $412.00M | $262.32M | $376.96M | $388.74M | $372.29M | $238.47M | $290.57M | $361.40M | $336.45M | $216.80M | $293.16M | $289.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | - | 1.04% | 1.22% | 1.02% | 0.95% | 0.98% | 1.09% | 1.14% | 1.01% |
Republic Services's average Quarter SG&A projection for Mar 24 is $327.90M, based on 6 Wall Street analysts, with a range of $262.32M to $393.48M. The forecast indicates a -23.99% fall compared to RSG last annual SG&A of $431.40M (Dec 23).
Republic Services EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 13 | 7 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.39 | - | $1.35 | $1.21 | $1.10 | $1.32 | $1.18 | $1.11 | $0.99 | $1.10 |
| Avg Forecast | $2.25 | $2.27 | $2.25 | $2.13 | $2.11 | $2.12 | $2.09 | $1.99 | $1.86 | $2.00 | $1.94 | $1.78 | $1.68 | $1.82 | $1.74 | $1.57 | $1.41 | $1.61 | $1.56 | $1.35 | $1.29 | $1.43 | $1.32 | $1.13 | $1.02 | $1.22 | $1.18 | $1.05 | $1.01 | $1.05 |
| High Forecast | $2.28 | $2.30 | $2.27 | $2.15 | $2.13 | $2.15 | $2.11 | $2.02 | $1.88 | $2.02 | $1.96 | $1.80 | $1.70 | $1.84 | $1.76 | $1.66 | $1.52 | $1.65 | $1.57 | $1.35 | $1.31 | $1.44 | $1.34 | $1.14 | $1.03 | $1.25 | $1.20 | $1.05 | $1.01 | $1.05 |
| Low Forecast | $2.19 | $2.21 | $2.18 | $2.07 | $2.04 | $2.06 | $2.03 | $1.93 | $1.81 | $1.94 | $1.88 | $1.73 | $1.63 | $1.76 | $1.69 | $1.46 | $1.31 | $1.57 | $1.54 | $1.35 | $1.27 | $1.41 | $1.28 | $1.09 | $0.99 | $1.20 | $1.17 | $1.05 | $1.01 | $1.05 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | - | 1.02% | 1.07% | 1.08% | 1.08% | 1.00% | 1.06% | 0.98% | 1.05% |
According to 6 Wall Street analysts, Republic Services's projected average Quarter EPS for Mar 24 is $1.35, with a low estimate of $1.35 and a high estimate of $1.35. This represents a -2.99% decrease compared to RSG previous annual EPS of $1.39 (Dec 23).
Republic Services Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MEG | Montrose Environmental Group | $22.00 | $49.33 | 124.23% | Buy |
| CWST | Casella Waste Systems | $109.88 | $119.25 | 8.53% | Buy |
| GFL | GFL Environmental | $44.75 | $45.75 | 2.23% | Buy |
| RSG | Republic Services | $214.68 | $201.36 | -6.20% | Buy |
| SRCL | Stericycle | $61.98 | $56.33 | -9.12% | Hold |
| WM | Waste Management | $225.68 | $201.50 | -10.71% | Buy |
| WCN | Waste Connections | $187.50 | $166.88 | -11.00% | Buy |
| CLH | Clean Harbors | $259.09 | $205.38 | -20.73% | Buy |