SRCL, has this company already appreciated greatly value because waste management bought it or has it yet to achieve an appreciation from the buyout?

The appreciation in Stericycle (SRCL) stock value following Waste Management's (WM) acquisition is yet to be fully achieved. While the acquisition is expected to bring significant benefits to SRCL, such as expansion into a high-growth market and synergy realization, the full appreciation of SRCL's stock value will depend on several factors:

1. Market Reaction: The market may already be factoring in the anticipated benefits of the acquisition. SRCL's stock price may have appreciated in the short term due to the positive outlook for the transaction.
2. Synergy Realization: The realization of over $125 million in annual cost synergies is expected to improve SRCL's profitability. However, this process may take time, and the full impact on SRCL's financial performance and stock value may not be immediate.
3. Long-Term Growth: The growth potential of SRCL's business, now part of WM's comprehensive environmental solutions, could lead to further appreciation in its stock value over the long term. However, this will depend on WM's ability to integrate SRCL effectively and capitalize on the synergies.
4. Market Conditions: The stock market's valuation of SRCL will also be influenced by broader market conditions and industry dynamics. Any negative factors such as economic downturns or regulatory changes could impact the stock's performance.

In conclusion, while the acquisition by WM has likely contributed to an initial appreciation in SRCL's stock value, the full potential for appreciation due to the acquisition's benefits is yet to be achieved. This will depend on the successful integration of the two companies and the realization of anticipated synergies, as well as broader market conditions.