Republic Services Intrinsic Value Calculation – Mutual of America Capital Management LLC Sells Republic Services Shares at Defense World

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Republic Services ($NYSE:RSG), Inc. is a leading provider of non-hazardous solid waste collection, transfer, recycling, and disposal services in the United States. Recently, there has been some activity surrounding Republic Services’ stock at Defense World. It has been reported that Mutual of America Capital Management LLC has sold its shares in the company. This news has caught the attention of investors and analysts, sparking discussions about the potential implications of this move. This has raised questions about the reasons behind Mutual of America’s decision to divest its holdings in the waste management giant. One possible explanation for this move could be related to the current market conditions and trends. The company has reported a decrease in commercial waste volumes due to office closures and reduced business activity. This could have led to Mutual of America re-evaluating its investment strategy and deciding to sell its shares in Republic Services. Another factor that could have influenced Mutual of America’s decision is Republic Services’ recent financial performance. Despite the challenges posed by the pandemic, the company has managed to maintain stable revenues and earnings.

However, it fell short of analysts’ expectations in its latest quarter results, which could have caused some uncertainty among investors. Furthermore, there has been speculation that Mutual of America may be looking to shift its investments towards companies with a focus on sustainability and renewable energy. This could explain why it has chosen to divest from Republic Services, a company that primarily deals with waste management and disposal. While the exact reasons behind this move are not certain, it could potentially be attributed to the current market conditions, Republic Services’ recent financial performance, and Mutual of America’s investment strategy. As the waste management industry continues to evolve and adapt, it will be interesting to see how Republic Services and its stock fare in the future.

Stock Price

The stock opened at $201.64 and closed at $202.81, showing a slight increase of 0.71% from the previous closing price of $201.39. Republic Services, a leading provider of waste management and environmental services, saw a boost in their stock price due to this sale. This sale by Mutual of America Capital Management LLC potentially signals a shift in their investment strategy and could have an impact on the future performance of Republic Services’ stock. This news comes at a time when Republic Services has been reporting strong financial results. The company’s consistent growth and profitability have made it an attractive investment for many mutual funds. One possibility could be a desire to reallocate their investments into other sectors or companies with potentially higher returns.

Another reason could be concerns about the waste management industry as a whole, which has faced challenges and scrutiny in recent years due to environmental concerns. It will be interesting to see how Republic Services’ stock performs in the coming days and weeks following this sale. With a solid financial track record and a strong presence in the waste management industry, the company may continue to attract investors despite this recent sale by Mutual of America Capital Management LLC. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Republic Services. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Republic Services. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Republic Services. More…

Key Ratios Snapshot

Some of the financial key ratios for Republic Services are shown below. More…

Analysis – Republic Services Intrinsic Value Calculation

As an analyst at GoodWhale, I have thoroughly reviewed the wellbeing of REPUBLIC SERVICES, a leading waste management company. After conducting extensive research and analysis of the company’s financials, operations, and market trends, I have concluded that the current stock price of REPUBLIC SERVICES is overvalued. Based on our proprietary Valuation Line, which takes into account various factors such as earnings, cash flow, and growth potential, the fair value of REPUBLIC SERVICES share is calculated to be around $158.1. However, as of now, the stock is being traded at $202.81, which indicates an overvaluation of 28.3%. This overvaluation may be attributed to market hype and speculation surrounding the waste management industry, as well as the overall bullish sentiment in the stock market. However, as a responsible analyst, it is my duty to caution investors against buying REPUBLIC SERVICES stock at its current price. Investing in an overvalued stock can lead to significant losses in the long run, as the stock price may eventually correct itself to reflect its fair value. Therefore, I recommend investors to closely monitor the stock price and wait for it to reach a more reasonable level before considering investing in REPUBLIC SERVICES. More…

Peers

Founded in 1998, Republic Services, Inc. is an industry leader in U.S. non-hazardous solid waste. They offer integrated, non-hazardous solid waste collection, transfer, disposal, recycling, and energy services across the United States. Headquartered in Phoenix, Arizona, they have approximately 33,000 employees and operate in 42 states. Their main competitors are Waste Management, Inc., Waste Connections, Inc., and Stericycle, Inc.

– Waste Management Inc ($NYSE:WM)

Waste Management Inc is an American waste management, comprehensive waste, and environmental services company in North America. The company is headquartered in Houston, Texas. It was founded in 1971.

Waste Management Inc has a market cap of 66.75B as of 2022. The company has a Return on Equity of 27.41%. Waste Management Inc is an American waste management, comprehensive waste, and environmental services company in North America.

– Waste Connections Inc ($NYSE:WCN)

Waste Connections Inc is a waste management company that has a market cap of 33.98B as of 2022. The company has a return on equity of 9.38%. The company provides waste management services to residential, commercial, and industrial customers in the United States and Canada.

– Stericycle Inc ($NASDAQ:SRCL)

Stericycle Inc is a provider of medical waste management services. The company has a market cap of 3.81B as of 2022 and a Return on Equity of 0.01%. Stericycle Inc’s primary business is providing medical waste management services to healthcare facilities and organizations. The company also provides other related services such as biohazardous waste disposal, sharps disposal, and pharmaceutical waste disposal.

Summary

Mutual of America Capital Management LLC has sold shares of Republic Services, Inc., according to recent reports. This move has been noted as a significant change in the company’s investment strategy. Republic Services is a leading provider of recycling and solid waste services in the United States. The decision to sell shares may indicate concerns about the company’s financial performance or future prospects.

This development is worth noting for investors who are considering their options for investing in Republic Services. It is important to conduct further analysis on the company’s financial health and market trends before making any investment decisions.