Republic Services Inc
RSG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$713.00 | Vqmf | Ctpxfqmp |
Republic Services' Q1 Results Benefit From Strong Pricing; Completes US Ecology Acquisition
Wide-moat-rated Republic Services reported strong first-quarter 2022 results that featured record pricing and solid volume gains. Republic also completed its $2.2 billion acquisition of environmental waste specialist US Ecology. We've raised our fair value estimate 1% to $101 per share, primarily due to the time value of money since our last update.