Yahoo Finance Why Republic Services (RSG) is a Top Growth Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Republic Services (RSG)
Republic Services is a leading provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services. As of Dec 31, 2022, the company operated through 353 collection operations, 233 transfer stations, 206 active landfills, 71 recycling centers, three treatment, recovery and disposal facilities, 20 treatment, storage and disposal facilities, 7 deep injection wells and 6 salt water disposal wells, across the United States and Canada. The company is engaged in 73 landfill gas-to-energy and renewable energy projects and had post-closure responsibility for 128 closed landfills.
RSG is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 5.1% year-over-year for the current fiscal year, with sales growth of 8.8%.
Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.12 to $5.18 per share. RSG also boasts an average earnings surprise of 10.5%.
Looking at cash flow, Republic Services is expected to report cash flow growth of 15.6% this year; RSG has generated cash flow growth of 9.2% over the past three to five years.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, RSG should be on investors' short lists.
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Republic Services, Inc. (RSG) : Free Stock Analysis Report
