Republic Services Inc
RSG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$894.00 | Mjfqx | Fnllyhp |
Republic Services Earnings: Pricing Power Continues To Drive Strong Results
Wide-moat-rated Republic Services reported strong second-quarter results that exceeded our expectations for revenue growth and adjusted EBITDA margin. We've increased our fair value estimate by approximately 6% to $127 per share, primarily due to our more optimistic profit margin outlook and the time value of money.