Latest news with #RSG
Yahoo
2 days ago
- General
- Yahoo
Change in command of 655 Regional Support Group at Westover base
CHICOPEE, Mass. (WWLP) – A local unit within the U.S. Army Reserve is changing its commands. Family, friends, and the soldiers of the 655 Regional Support Group witnessed a command change from one officer to another on Sunday at the Westover Air Reserve Base in Chicopee. This celebration is one of the military's oldest traditions. 'We have a long process of selection in terms of our leadership and also military professional development that has led me to this point,' said Colonel Jay Greeley. Driver crashes into JFK Memorial in Holyoke, police seek charges Colonel Greeley joined the military in Virginia 25 years ago, shortly after 9/11. He's been a dedicated citizen-soldier with over two decades of experience in logistics and operations in the U.S. and overseas. His commitment led him to become the new commander of the 655th Regional Support Group, a unit that was established in 2002. The unit has been deployed worldwide to provide direct combat service support, command and control to units under its leadership. 'The commander will oversee this unit that is made up of about 1,300 soldiers throughout New England,' Colonel Sean Sherwood said. It was a position that Colonel Sean Sherwood did not want to let go of. He led the RSG for the last two years, but as he moves on to another commander role in his home state of Hawaii, he believes that the RSG's soldiers are ready for what's next. 'Soldiers here have learned to adapt, push through innovative ways for what we have to do to manage the expectations of the battlefield changes quickly,' Sherwood said. 'And it has changed significantly in the way they think.' Colonel Greeley told 22News he already has a plan for the unit, because the mission of the unit is to function as a command and control headquarters to extend protection over the Combat Support Brigade. 'In the next couple of years, we will really be focused on being ready now,' Greeley said. 'What that means is becoming tactically and technically proficient, doing soldier basic fundamentals of shoot, move, and communicate. So when our nation needs us, no matter where it is in the world, our soldiers are ready.' All of this comes at a perfect time, as the U.S. Army celebrated its 250th birthday this year. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
26-05-2025
- Business
- Yahoo
JP Morgan Maintains Neutral Rating on Republic Services (RSG), Lifts PT
On May 23, JP Morgan raised the price target on Republic Services, Inc. (NYSE:RSG) from $229 to $275 and maintained a Neutral rating on the stock. The firm updated the price target after it resumed its coverage of the waste services sector. Republic Services, Inc. (NYSE:RSG) has soared more than 26% on a year-to-date basis and is currently trading close to its 52-week high of $253.76. The noted that the company's risk-reward situation appears balanced. A fleet of trucks carrying recyclable materials, highlighting the company's transfer services. Earlier, on April 24, Republic Services, Inc. (NYSE:RSG) reported its Q1 2024 results. The company posted better-than-expected EPS of $1.58 surpassing market expectations by $0.05. Revenue for the quarter grew 3.81% year-over-year, however, missed the consensus by $36.48 million. Management noted the topline was affected by sluggish cyclical volumes and challenging winter weather, however, the company grew its EBITDA by high single-digit despite the volatility. While we acknowledge the potential of RSG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RSG and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Here's Why Investors Must Hold RSG Stock in Their Portfolios Now
Republic Services, Inc. RSG has had a remarkable run over the past year. The company's shares have jumped 35.7% in that period compared with its industry and the Zacks S&P 500 composite's growth of 11.6% and 13.2%, respectively. RSG's revenues are anticipated to increase 5.3% and 5.1% year over year in 2025 and 2026, respectively. Earnings are estimated to rise 6.7% in 2025 and 9.7% in 2026. Rapid urbanization, population boom and swift adoption of zero-waste initiatives across North America have expanded the solid waste management market. This market is estimated to touch $77.3 billion in 2025 and then increase to $89.6 billion in 2030, at a CAGR of 3% during the 2025-2030 period. Republic Services can capitalize on this growth easily, capturing a greater share of the pie, leading to an improvement in its top line. Banking on this expansion, we anticipate RSG's revenues to grow 5.1% in 2025. The United Nations Environment Programme estimates that global municipal solid waste will increase from 2.1 billion tons in 2023 to 3.8 billion tons in 2050. This surge in solid waste will necessitate an increase in collection frequency, which will compel people to pay more for the rising demand. RSG's collection segment will benefit from this situation immensely. This segment has contributed approximately 68% to the top line across the past three quarters and is expected to improve further on the back of higher subscription fees charged by the company. RSG's dividend payments and share repurchase strategy reward shareholders consistently. The company has stood by this strategy despite the fluctuations in its cash position, underscoring its dedication to returning value to investors. In 2022, 2023 and 2024, it paid $592.9 million, $650 million and $687 million in dividends and repurchased shares worth $203.5 million, $261.8 million and $482 million, respectively. This makes Republic Services' shares more appealing to dividend-seeking investors as well as those who seek to benefit from share price appreciation. RSG's current ratio in the first quarter of 2025 was 0.67 lower than the industry average of 1.04. Despite the metric improving from the preceding quarter's 0.58 and the year-ago quarter's 0.53, it stood lower than one, implying that the company may have difficulties in paying short-term obligations. A weak liquidity position is frowned upon by investors, hurting RSG's financial position. Image Source: Zacks Investment Research The company operates in a fiercely competitive industry. Among the many players, municipalities are a massive threat to its market share as these organizations maintain their own waste collection and disposal activities, and benefit from tax revenues and tax-exempted financing. Increasing competitive pressure necessitates the need for innovation and differentiation while maintaining cost efficiency. This compels the company to invest in technology and talent, increasing the difficulty in balancing growth and profitability. The company has a Zacks Rank #3 (Hold) at present. Some better-ranked stocks from the broader Zacks Business Services sector are Cintas CTAS and Conduent CNDT,each currently carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Cintas has a long-term earnings growth expectation of 13.2%. CTAS delivered a trailing four-quarter earnings surprise of 7.6%, on average. Conduent has a long-term earnings growth expectation of 8%. CNDT delivered a trailing four-quarter earnings surprise of 5.9%, on average. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report Republic Services, Inc. (RSG) : Free Stock Analysis Report Conduent Inc. (CNDT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
2 Reasons to Watch RSG and 1 to Stay Cautious
Since May 2020, the S&P 500 has delivered a total return of 100%. But one standout stock has doubled the market - over the past five years, Republic Services has surged 199% to $245.57 per share. Its momentum hasn't stopped as it's also gained 17.5% in the last six months, beating the S&P by 17.1%. Is it too late to buy RSG? Find out in our full research report, it's free. Processing several million tons of recyclables annually, Republic (NYSE:RSG) provides waste management services for residences, companies, and municipalities. Reviewing a company's long-term sales performance reveals insights into its quality. Any business can have short-term success, but a top-tier one grows for years. Luckily, Republic Services's sales grew at a solid 9.3% compounded annual growth rate over the last five years. Its growth surpassed the average industrials company and shows its offerings resonate with customers. Operating margin is an important measure of profitability as it shows the portion of revenue left after accounting for all core expenses – everything from the cost of goods sold to advertising and wages. It's also useful for comparing profitability across companies with different levels of debt and tax rates because it excludes interest and taxes. Republic Services has been a well-oiled machine over the last five years. It demonstrated elite profitability for an industrials business, boasting an average operating margin of 18.6%. This result isn't surprising as its high gross margin gives it a favorable starting point. Revenue growth can be broken down into changes in price and volume (the number of units sold). While both are important, volume is the lifeblood of a successful Waste Management company because there's a ceiling to what customers will pay. Over the last two years, Republic Services failed to grow its units sold. This performance was underwhelming and implies there may be increasing competition or market saturation. It also suggests Republic Services might have to lower prices or invest in product improvements to accelerate growth, factors that can hinder near-term profitability. Republic Services's positive characteristics outweigh the negatives, and with its shares topping the market in recent months, the stock trades at 34.9× forward P/E (or $245.57 per share). Is now a good time to buy? See for yourself in our in-depth research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Consistent Performance and Better Than Expected Results Lifted Republic Services (RSG) in Q1
The London Company, an investment management company, released 'The London Company Large Cap Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The US equities experienced a correction in the first quarter following two years of robust performance. The portfolio returned 2.4% (2.3%, net) during the quarter compared to a 4.5% increase for the Russell 1000 Index. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, The London Company Large Cap Strategy highlighted stocks such as Republic Services, Inc. (NYSE:RSG). Republic Services, Inc. (NYSE:RSG) offers environmental services in the United States and Canada. The one-month return of Republic Services, Inc. (NYSE:RSG) was -2.86%, and its shares gained 27.04% of their value over the last 52 weeks. On May 13, 2025, Republic Services, Inc. (NYSE:RSG) stock closed at $237.99 per share with a market capitalization of $75.46 billion. The London Company Large Cap Strategy stated the following regarding Republic Services, Inc. (NYSE:RSG) in its Q1 2025 investor letter: "Republic Services, Inc. (NYSE:RSG) - RSG outperformed the index due to stronger-than-expected earnings and consistent performance, even with flat volume growth expectations. RSG continues to expand margins through improved customer mix, strategic pricing, and cost management. We remain attracted to the steady free cash flow growth, annuity-like revenues, and high market share of U.S. landfill capacity." A fleet of trucks carrying recyclable materials, highlighting the company's transfer services. Republic Services, Inc. (NYSE:RSG) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 51 hedge fund portfolios held Republic Services, Inc. (NYSE:RSG) at the end of the fourth quarter which was 45 in the previous quarter. While we acknowledge the potential of Republic Services, Inc. (NYSE:RSG) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Republic Services, Inc. (NYSE:RSG) and shared the list of industrial stocks are up the most so far in 2025. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
