Goldman Sachs has initiated coverage on Republic Services Inc (RSG) with a Buy rating, marking the firm's first assessment of the company's investment potential. This decision reflects Goldman Sachs' research into Republic Services' operations within the commercial services and supplies industry, where the company provides essential environmental services including recycling, solid waste, and hazardous waste management.
Headquartered in Phoenix, Arizona, Republic Services employs approximately 42,000 individuals and operates across the United States and Canada. The company's market capitalization stands at $67.3 billion, with a price-to-earnings ratio of 31.92 and an earnings per share of 6.74. As of now, Republic Services shares trade at $215.16.
The announcement highlights the growing analyst consensus surrounding the company, which currently includes 8 Strong Buy, 10 Buy, and 11 Hold ratings, reflecting a consensus rating of Buy. Upcoming earnings reports are anticipated on July 27, 2026, with an estimated EPS of $1.89 and revenue of $4.4 billion, as well as on April 22, 2026, with an estimated EPS of $1.71 and revenue of $4.2 billion.
Analyst ratings, while informative, should be considered alongside various factors such as company fundamentals and market conditions. As always, these assessments may evolve as new information becomes available.