Republic Services (RSG) has consistently topped Q4 earnings estimates. Their recent financial performance has showcased strong growth and a positive outlook, leading Scotiabank to raise their price target from $224 to $233. The company also received a 'Buy' rating from Truist Financial and was forecasted by Morgan Stanley for strong price appreciation. Notably, their full-year 2024 earnings beat market expectations, which led to a surge of investment activity. Savant Capital LLC and Empowered Funds LLC notably increased their stake in the company. However, Q4 did see a shortfall against sales targets. Republic Services also announced a major acquisition, taking over fast-growing Shamrock Environmental, showcasing its aggressive expansion strategy. With a consistent track record of beating earnings and revenue estimates, Republic Services has garnered positive analyst sentiment, reflected in raised price target estimates up to $250. The company also hit an all-time high of $223.43 in stock value, reasserting the market's bullish outlook on its prospects.
Republic Services RSG News Analytics from Fri, 30 Aug 2024 07:00:00 GMT to Sat, 15 Feb 2025 18:49:42 GMT -
Rating 9
- Innovation 8
- Information 8
- Rumor 8
