Royal Bank of Canada Lowers Republic Services PT to $139.00

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Republic Services Stock Intrinsic Value – Republic Services ($NYSE:RSG) is a provider of non-hazardous solid waste management services in the United States. The company offers a range of services, including collection, transfer, disposal, and recycling. Royal Bank of Canada has lowered Republic Services PT to $139.00.

Price History

The bank cited concerns about potential headwinds from media coverage and government regulation as the company faces scrutiny for its environmental and safety record. Republic Services is one of the largest waste management companies in the United States, and has come under fire in recent months for a series of environmental and safety violations. The company has been hit with a number of fines and has been the subject of negative media coverage. RBC is concerned that the negative publicity could lead to more government regulation of the waste management industry, which could hurt Republic Services’ bottom line.

The bank is also worried that the company’s stock price could be hurt by the negative publicity. The company has a strong market position and is well-positioned to benefit from the continued growth of the waste management industry.

VI Analysis – Republic Services Stock Intrinsic Value

Republic Services is a leading provider of waste and recycling solutions in the United States. The company’s fundamentals reflect its long term potential, with a strong balance sheet and a history of consistent profitability. The fair value of Republic Services shares is around $128.0, calculated by VI Line. Currently, the stock is trading at $131.2, a fair price that is slightly overvalued by 2%.

VI 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

Investing in Republic Services can offer investors exposure to the waste management industry, which is essential for society but often overlooked. Republic Services is one of the largest waste management companies in the United States, with a diversified portfolio of services that offer investors potential growth opportunities. The company has a strong track record of financial performance and is committed to environmental, social, and governance initiatives. While there are risks associated with investing in any company, Republic Services has a strong balance sheet and generates significant cash flow, which provides some cushion against potential challenges.

The company is also well-positioned to benefit from trends such as the move to a circular economy and the increasing focus on sustainability. As a result, investing in Republic Services can offer investors a compelling way to participate in the waste management industry while also supporting ESG initiatives.