Republic Services Inc. provides non-hazardous solid waste collection, transfer, recycling, and disposal services for commercial, industrial, municipal, and residential customers in the United States. The company was founded in 1996 and is based in Phoenix, Arizona.
RSG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for RSG, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Republic Services Inc ranked in the 38th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Republic Services Inc, consider:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 76. Notably, its equity weight is greater than 54.62% of US equities in the Industrials sector yielding a positive free cash flow.
Republic Services Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 17.16% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CCRN, HURN, AME, OBCI, and VEC can be thought of as valuation peers to RSG, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
PHOENIX, Sept. 29, 2020 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) today announced that three employees were recognized with Driver of the Year and Operator of the Year awards for 2020 from the National Waste & Recycling Association (NWRA). Tommy Garcia of Phoenix was named…
Nikola Corp. (NASDAQ: NKLA ) promised investors it would name a co-developer for its hydrogen fueling stations by the end of the year. Talks have stalled because of a short seller report attacking the integrity of the company's founder, The Wall Street Journal reported Wednesday. The Journal report kept pressure on Nikola's stock price. Shares were trading 10.84% lower at $25.42 intraday Wednesday. They have plummeted from their intraday high of $93.99 on June 8, a few days after going public in a reverse merger. Concluding the search for a station partner is one of three commitments Nikola made in April before the company went public. Nikola made good on the other pledges: On Aug. 10,, Republic Services (NYSE: RSG ) ordered 2,500 battery-electric refuse trucks. Nikola announced an agre...
Mack Trucks will begin taking orders in the fourth quarter for its battery-powered LR Electric refuse hauler it is testing in New York City and with Republic Services. The announcement Wednesday comes a few weeks after Republic (NYSE: RSG ) agreed to purchase 2,500 battery-electric waste haulers from startup Nikola Corp. (NASDAQ: NKLA ) Republic said it was the largest order of waste trucks in industry history. The Mack LR Electric has been in testing with the New York Department of Sanitation since the second quarter. Mack announced in February 2019 it would partner with Republic , the nation's No. 2 waste collection company behind Waste Management. Mack, an American subsidiary of Sweden's Volvo Group (OTC: VLVLY ), said deliveries of the Electric LR would begin in 2021. The production...
PHOENIX, Sept. 8, 2020 /PRNewswire/ -- Amid the ongoing COVID-19 pandemic, Republic Services is finding innovative ways to support neighborhood revitalization efforts across the country through its charitable foundation's National Neighborhood Promise (NNP) program. In February, the…