BMO Capital analyst Devin Dodge has reiterated their bullish stance on RSG stock, giving a Buy rating today.
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Devin Dodge has given his Buy rating due to a combination of factors that highlight Republic Services’ strong performance and growth potential. The company has consistently delivered robust quarterly results, with its solid waste segment achieving the highest margins among its peers for the second consecutive quarter. This performance, coupled with the maintenance of 2025 Adjusted EBITDA guidance, suggests a conservative outlook that may underestimate the company’s actual capabilities.
Moreover, Republic Services has shown significant capacity for mergers and acquisitions, supported by its financial leverage being at the lower end of the targeted range. This positions the company well to self-fund deals and return capital to shareholders. Despite some near-term challenges in the Environmental Solutions segment due to soft demand, the overall intermediate-term outlook remains positive. The company’s focus on sustainability investments is expected to further bolster growth in its core business, justifying the Buy rating.
According to TipRanks, Dodge is a 5-star analyst with an average return of 13.1% and a 73.18% success rate. Dodge covers the Industrials sector, focusing on stocks such as Finning International, GFL Environmental, and Brookfield Business Partners.