Today, the EVP Chief Administrative Offic of Republic Services, Jeffrey A. Hughes, exercised options of Republic Services (NYSE: RSG) for $1.1M.
Following Jeffrey A. Hughes’ last RSG Sell transaction on September 13, 2017, the stock climbed by 2.1%.
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Based on Republic Services’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.43 billion and quarterly net profit of $238 million. In comparison, last year the company earned revenue of $2.39 billion and had a net profit of $188 million. RSG’s market cap is $22.16B and the company has a P/E ratio of 17.03. Currently, Republic Services has an average volume of 965K.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $76.50, reflecting a -11.1% downside.
The insider sentiment on Republic Services has been negative according to 41 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Jeffrey A. Hughes’ trades have generated a -21.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Republic Services, Inc. engages in the provision of services in the domestic non-hazardous solid waste industry. It provides integrated waste management services, which offers non-hazardous solid waste collection, transfer, recycling, disposal and energy services. The company was founded in 1996 and is headquartered in Phoenix, AZ.
