Republic Services Reaches New 52-Week High (RSG)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Republic Services (NYSE: RSG) hit a new 52-week high Friday as it is currently trading at $33.95, above its previous 52-week high of $33.87 with 583,657 shares traded as of 9:41 a.m. ET. Average volume has been 1.8 million shares over the past 30 days.

Republic Services has a market cap of $12 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 13.4% year to date as of the close of trading on Thursday.

Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, and recycling and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico. The company has a P/E ratio of 21.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Republic Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Republic Services Ratings Report.

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