Republic Services Stock Hits New 52-Week High (RSG)
Republic Services (NYSE:RSG) hit a new 52-week high Tuesday as it is currently trading at $35.14, above its previous 52-week high of $35.10 with 72,300 shares traded as of 9:50 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.
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 Tuesday as it is currently trading at $35.14, above its previous 52-week high of $35.10 with 72,300 shares traded as of 9:50 a.m. ET. Average volume has been 1.7 million shares over the past 30 days. Republic Services has a market cap of $12.63 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 19.2% year to date as of the close of trading on Monday. 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 23.1, above the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Republic Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Republic Services Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.