We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Reasons to Add Republic Services (RSG) Stock to Your Portfolio
Read MoreHide Full Article
Republic Services, Inc. (RSG - Free Report) is a waste management services provider that has performed well over the past year and has the potential to increase the momentum in the near term. Consequently, we believe it’s time you add the stock to your portfolio.
What Makes RSG an Attractive Pick?
Price Performance: A glimpse of the company’s price trend reveals that the stock has performed impressively over the past year. Shares of Republic Services have returned 37.4% against the 7% decline of the industry it belongs to.
Solid Rank: Republic Services has a Zacks Rank #2 (Buy) and a Value Growth Momentum Score (VGM Score) of B. Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 (Strong Buy) or 2, offer the best investment opportunities. Thus, the company is a compelling investment proposition at the moment. You can see the complete list of today’s Zacks #1 Rank stocks here.
Strong Growth Prospects: The Zacks Consensus Estimate of $4.14 for RSG’s 2021 earnings per share reflects year-over-year growth of 16.3%. Earnings are expected to register 10.7% year-over-year growth in 2022.
Positive Earnings Surprise History: Republic Services has an impressive earnings surprise history. The company outpaced the Zacks Consensus Estimate in all of the trailing four quarters, delivering an average beat of 14.2%.
Growth Factors: Republic Services continues to focus on its strategic priority of increasing customers’ loyalty and their willingness to pay for higher-value services. In this regard, the company has expanded its suite of products and invested in customer service capabilities. Republic Services’ customer retention rate remained at 95% at the end of third-quarter 2021.
The company continues to digitally connect customers, drivers, dispatchers, supervisors and trucks through its RISE dispatch platform. This enhances productivity through more real-time routing information and data-visualization tools, increase customer connectivity and enhance employee experience.
The recent acquisition of ACV Enviro has expanded the company’s abilities and offerings in the environmental services space.
Avis Budget has an expected earnings growth rate of around 9.4% for the current year. CAR has a trailing four-quarter earnings surprise of 76.9%, on average.
Avis Budget’s shares have surged 414.8% in the past year. It has a long-term earnings growth of 19.4%. CAR sports a Zacks #1 Rank.
CCRN has a trailing four-quarter earnings surprise of 75%, on average.
Cross Country Healthcare’s shares have surged 156.1% in the past year. It has a long-term earnings growth of 21.5%. CCRN sports a Zacks #1 Rank.
Accenturehas an expected earnings growth rate of around 20% for the current year. It has a trailing four-quarter earnings surprise of 5.3%, on average.
Accenture’s shares have surged 44.3% in the past year. It has a long-term earnings growth of 10%. ACN sport a Zacks #1 Rank.
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
Reasons to Add Republic Services (RSG) Stock to Your Portfolio
Republic Services, Inc. (RSG - Free Report) is a waste management services provider that has performed well over the past year and has the potential to increase the momentum in the near term. Consequently, we believe it’s time you add the stock to your portfolio.
What Makes RSG an Attractive Pick?
Price Performance: A glimpse of the company’s price trend reveals that the stock has performed impressively over the past year. Shares of Republic Services have returned 37.4% against the 7% decline of the industry it belongs to.
Republic Services, Inc. Price
Republic Services, Inc. price | Republic Services, Inc. Quote
Solid Rank: Republic Services has a Zacks Rank #2 (Buy) and a Value Growth Momentum Score (VGM Score) of B. Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 (Strong Buy) or 2, offer the best investment opportunities. Thus, the company is a compelling investment proposition at the moment. You can see the complete list of today’s Zacks #1 Rank stocks here.
Strong Growth Prospects: The Zacks Consensus Estimate of $4.14 for RSG’s 2021 earnings per share reflects year-over-year growth of 16.3%. Earnings are expected to register 10.7% year-over-year growth in 2022.
Positive Earnings Surprise History: Republic Services has an impressive earnings surprise history. The company outpaced the Zacks Consensus Estimate in all of the trailing four quarters, delivering an average beat of 14.2%.
Growth Factors: Republic Services continues to focus on its strategic priority of increasing customers’ loyalty and their willingness to pay for higher-value services. In this regard, the company has expanded its suite of products and invested in customer service capabilities. Republic Services’ customer retention rate remained at 95% at the end of third-quarter 2021.
The company continues to digitally connect customers, drivers, dispatchers, supervisors and trucks through its RISE dispatch platform. This enhances productivity through more real-time routing information and data-visualization tools, increase customer connectivity and enhance employee experience.
The recent acquisition of ACV Enviro has expanded the company’s abilities and offerings in the environmental services space.
Other Stocks to Consider
Investors interested in the broader Zacks Business Services sector can also consider stocks like Avis Budget (CAR - Free Report) , Cross Country Healthcare (CCRN - Free Report) and Accenture (ACN - Free Report) .
Avis Budget has an expected earnings growth rate of around 9.4% for the current year. CAR has a trailing four-quarter earnings surprise of 76.9%, on average.
Avis Budget’s shares have surged 414.8% in the past year. It has a long-term earnings growth of 19.4%. CAR sports a Zacks #1 Rank.
CCRN has a trailing four-quarter earnings surprise of 75%, on average.
Cross Country Healthcare’s shares have surged 156.1% in the past year. It has a long-term earnings growth of 21.5%. CCRN sports a Zacks #1 Rank.
Accenturehas an expected earnings growth rate of around 20% for the current year. It has a trailing four-quarter earnings surprise of 5.3%, on average.
Accenture’s shares have surged 44.3% in the past year. It has a long-term earnings growth of 10%. ACN sport a Zacks #1 Rank.