Republic Services Stock Rises Wednesday, Yet Still Lags Market Performance

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Wednesday saw Republic Services ($NYSE:RSG) Inc. stock rise, yet despite the gains, it failed to keep up with the overall market performance. Republic Services Inc. is a leading provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services in the United States and Puerto Rico. The company has seen its stock rise in recent weeks, yet while it posted modest gains on Wednesday, it still lagged the overall market performance.

Analysts believe that the stock still has room to grow, as the company continues to expand its operations and increase its customer base. With its focus on sustainability and innovation, Republic Services Inc. is well positioned to continue its growth trajectory and potentially outperform the market in the future.

Market Price

On Wednesday, Republic Services Inc.’s stock opened at $148.7 and closed at $148.7, up by 0.2% from its prior closing price of $148.5. Although the stock saw a slight uptick, it still lags behind the overall market performance. This is indicative of the current climate in the stock market, which has been volatile and unpredictable in recent months. Despite the modest increase, Republic Services Inc. stock has yet to fully recover from the downturn it experienced earlier this year. 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

GoodWhale has conducted an analysis of REPUBLIC SERVICES‘s fundamentals and the results were quite impressive. According to the Star Chart, REPUBLIC SERVICES has an excellent health score of 8/10, indicating that it is capable of paying off debt and funding future operations. Furthermore, REPUBLIC SERVICES is strong in dividend, growth, and profitability, while it is weak in asset. This is a sign of a strong competitive advantage and as such, REPUBLIC SERVICES has been classified as a ‘gorilla’ company; one that has achieved stable and high revenue or earning growth. Investors interested in such a company could benefit from REPUBLIC SERVICES’s strong dividend and growth, as well as from the potential of outperformance due to its competitive advantage. The company’s current financial health also means that there is less risk associated with 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

Republic Services Inc. (RSG) stock rose slightly on Wednesday, but still underperformed the broader market. Analysts are expecting an upbeat performance for the rest of the year as the company is expected to benefit from its focus on cost-cutting initiatives and waste collection services. On the downside, Republic Services’ operating margins have been impacted by higher labor and transportation costs and lower commodity revenue. Despite these pressures, analysts expect the company to continue to outperform its peers in the near future with its focus on cost savings and revenue growth.