RSG Stock Dips 0.76% Amid Waste Management Sector Decline

Author's Avatar
Oct 25, 2024
Article's Main Image

Republic Services Inc. (RSG, Financial) experienced a 0.76% decline in its stock price. The shares are currently trading at $200.00 with a trading volume of 189,468 shares, reflecting a turnover rate of 0.06% and a price fluctuation of 0.99%.

The company's recent financial report shows a revenue of $4.048 billion, a net profit of $512 million, and earnings per share of $1.62. Its gross profit stands at $1.226 billion, with a price-to-earnings ratio of 33.52.

In terms of institutional ratings, out of 25 participating institutions, 48% recommend a buy, another 48% suggest holding, and 4% advise selling the stock.

Within the waste management sector, which has decreased by 0.77%, related stocks such as Greenwave Technology Solutions, Inc., Aqua Metals, Inc., and Esgl Holdings Limited have shown notable gains. These companies have varying turnover rates with Greenwave Technology Solutions, Inc. at 3.69%, Li-Cycle Holdings Corp. at 1.29%, and Aqua Metals, Inc. at 0.52%. Stocks showing significant price swings include Esgl Holdings Ltd C/Wts, Chengdao Tong Environmental Technology, and Greenwave Technology Solutions, Inc., with fluctuations of 30.36%, 15.57%, and 10.53%, respectively.

Republic Services Inc. is the second-largest provider of traditional solid waste services in the United States, operating approximately 207 active landfills and 246 transfer stations. The company services residential, commercial, and industrial markets and has a large recycling operation in North America.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.