RSG Price Prediction Next Week
Based on the provided data and technical analysis, here is the price prediction for RSG for the next trading week:
Technical Analysis:
- RSI at 59.48 indicates neutral momentum, suggesting room for upward movement
- MACD at 1.53 shows positive momentum
- 20-day SMA at $206.65 and 200-day SMA at $199.54 indicate an overall uptrend
- Fibonacci levels show key resistance at $215.67 and support at $205.54
News Sentiment Analysis:
- Upcoming Q4 earnings release on February 13, 2025, with expected EPS of $1.37
- BMO Capital upgraded RSG from Market Perform to Outperform
- Stock has gained 25% over the past year, slightly underperforming the S&P 500
- Recent ETF flows show mixed signals with both inflows and outflows
Price Targets for Next Week:
- Bullish scenario: $218.79 (Fibonacci R2)
- Base case: $215.67 (Fibonacci R1)
- Bearish scenario: $205.54 (Fibonacci S1)
Trading Recommendation: BUY with entry point at current market price with stop loss at $205.54. The stock shows strong technical setup with positive momentum indicators and analyst upgrades. The upcoming earnings could act as a catalyst for upward movement. Target price of $215.67 in the next trading week.
RSG Similar Chart Price Prediction
The price of RSG is predicted to go up 6.98%, based on the high correlation periods with MET. The similarity of these two price pattern on the periods is 97.6%.
RSG
MET
Up: 6.98%Similarity: 97.6%
RSG Revenue Forecast
RSG EPS Forecast
RSG FAQs
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RSG VS S&P500
Republic's traditional solid waste operations should continue to perform well due to solid execution and strong pricing.
Significant investments are planned for renewable energy generation and recycling projects. These projects should support stronger earnings and free cash flow growth and raise the firm's already strong ESG profile.
Republic enjoys robust competitive advantages rooted in intangible assets (regulatory permits for landfills) and cost advantages (route density).
RSG Analyst's Forecast
Stephanie Moore
Jefferies
Strong Buy
Price Target
$235 → $244
Upside
+14.95%
Jefferies raised the firm's price target on Republic Services to $244 from $235 and keeps a Buy rating on the shares. The firm continues to like the waste group in general given its view that margins should come in at the high-end or above historical levels, driven by "healthy" pricing, a rebound in volumes and company-specific margin drivers. In the group, Jefferies favors companies with idiosyncratic stories, benefiting from defensive business models, improving organic growth, and steady margin expansion, the analyst tells investors.
Sabahat Khan
RBC Capital
Hold → Buy
Price Target
$219 → $237
Upside
+17.94%
Faiza Alwy
Deutsche Bank
Hold → Strong Buy
Price Target
$219 → $237
Upside
+11.96%