Republic Services Stock Rises Tuesday, Struggles to Keep Up with Market
February 9, 2023
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Republic Services ($NYSE:RSG) Inc. is a leading provider of environmental services in North America. The company’s stock had a solid day on Tuesday, with it climbing slightly higher than the market average. Despite this increase, Republic Services Inc. still failed to keep up with the market’s performance. The company has been facing pressure from investors in recent months, as its stock has declined significantly over the last year. This has caused the company to focus on increasing its operational efficiency and reducing costs, as well as expanding its service offerings. Republic Services Inc. has also been looking to strengthen its customer base by introducing new products, such as residential and business recycling services.
In addition to this, Republic Services Inc. has also been investing heavily in technology, including the development of an automated waste collection system. This system is designed to help streamline waste collection and reduce costs associated with manual labor. The company is also working on ways to reduce emissions from its fleet of vehicles, as well as developing renewable energy projects. While it has done well so far, it still remains to be seen if the company can continue to meet investor expectations over the long-term. With its stock rising on Tuesday, investors will be watching to see if the company can keep up the momentum and continue to grow its profits in the future.
Share Price
The stock opened at $123.9 and closed at $124.4, an increase of 0.1% from its prior closing price of $124.3. The company has been unable to benefit from the recent surge in the stock market. Republic Services’ performance on Tuesday may be a sign that it is beginning to catch up with the rest of the market, however. In fact, this was the fourth consecutive day that Republic Services’ stock price has increased, indicating that investor confidence in the company may be returning. Furthermore, it appears that the company’s strong financials are beginning to be recognized by investors.
Overall, Republic Services has a lot of potential for growth in the future. The company is well-positioned to take advantage of the current economic recovery and its stock is beginning to rebound from its earlier struggles this year. With the positive trend continuing, Republic Services may soon be able to keep up with its peers in the market and make even more gains in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Republic Services. More…
| Total Revenues | Net Income | Net Margin |
| 12.93k | 1.45k | 11.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Republic Services. More…
| Operations | Investing | Financing |
| 3.03k | -4.38k | 1.38k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Republic Services. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 28.4k | 18.91k | 30.03 |
Key Ratios Snapshot
Some of the financial key ratios for Republic Services are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.1% | 10.8% | 16.2% |
| FCF Margin | ROE | ROA |
| 13.1% | 14.0% | 4.6% |
Analysis
GoodWhale has conducted a financial analysis of Republic Services and has assessed it to be a medium risk investment. The risk rating is based on an evaluation of the company’s financial and business aspects. GoodWhale has detected one risk warning related to the company’s income sheet, but further details are available only to users who register with GoodWhale. GoodWhale looks at historical financials, current balance sheet, income statement, and cash flow to provide investors with an accurate overview. The risk rating gives insight into how long-term investments with Republic Services could perform, allowing investors to make informed decisions. The risk warning pointed out by GoodWhale in the company’s income sheet is an additional factor to consider when comparing Republic Services with potential investments. GoodWhale takes into account a variety of factors when assessing the risk of an investment in Republic Services. These include liquidity ratios such as current ratio and debt-to-equity ratio, profitability ratios such as operating margin and return on assets, and solvency ratios such as free cash flow to equity. All these factors are weighed and taken into consideration when assessing the overall risk profile of the company. The risk rating given by GoodWhale is intended to help investors better understand the risks associated with investing in Republic Services. By evaluating the various financial aspects of the company, GoodWhale can provide investors with a comprehensive overview of the business, allowing them to make more informed decisions. 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. (NYSE: RSG) saw its stock climb slightly on Tuesday, though it still lagged behind the broader market. Despite the increase, analysts have been bearish about the stock’s prospects in the near future. Investors should keep an eye on Republic Services’ financials before choosing to invest.
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