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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Republic Services Inc. To summarize, we found that Republic Services Inc ranked in the 38th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for RSG, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 77. Its equity weight surpasses that of 55.93% of free cash flow generating stocks in the Industrials sector.
Republic Services Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 17.62% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as RSG, try HURN, AME, AVY, CCRN, and LAWS.
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…