Advanced Disposal Services (ADSW) to Release Quarterly Earnings on Thursday

Advanced Disposal Services (NYSE:ADSW) is set to issue its quarterly earnings data after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.14 per share for the quarter.

Shares of Advanced Disposal Services (NYSE:ADSW) opened at $23.60 on Thursday. The company has a market cap of $2,022.02, a price-to-earnings ratio of -84.28, a P/E/G ratio of 2.78 and a beta of -0.35. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.25. Advanced Disposal Services has a 52-week low of $20.94 and a 52-week high of $25.71.

ADSW has been the topic of several analyst reports. BidaskClub lowered shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a research report on Saturday, October 21st. Credit Suisse Group dropped their price target on shares of Advanced Disposal Services from $28.00 to $27.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd. KeyCorp initiated coverage on shares of Advanced Disposal Services in a research report on Thursday, November 30th. They set a “sector weight” rating on the stock. Zacks Investment Research upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research report on Tuesday, December 5th. Finally, Stifel Nicolaus upgraded shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and raised their price target for the company from $26.00 to $28.00 in a research report on Monday, December 11th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $26.38.

In other Advanced Disposal Services news, CFO Steven R. Carn sold 18,666 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $23.07, for a total transaction of $430,624.62. Following the transaction, the chief financial officer now directly owns 157,737 shares of the company’s stock, valued at $3,638,992.59. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Highstar Capital Lp sold 19,998,544 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $21.77, for a total transaction of $435,368,302.88. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,054,542 shares of company stock worth $436,687,056. Insiders own 1.20% of the company’s stock.

WARNING: This story was published by Markets Daily and is owned by of Markets Daily. If you are viewing this story on another site, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this story can be viewed at https://www.themarketsdaily.com/2018/02/15/advanced-disposal-services-adsw-to-release-quarterly-earnings-on-thursday.html.

Advanced Disposal Services Company Profile

Advanced Disposal Services, Inc is an integrated provider of non-hazardous solid waste collection, transfer, recycling and disposal services operating primarily in secondary markets or under exclusive arrangements. The Company’s segments include South, East, Midwest and Corporate. As of December 31, 2016, the Company had its presence in 16 states across the Midwest, South and East regions of the United States, as well as in the Commonwealth of the Bahamas, served approximately 2.7 million residential customers and over 200,000 commercial and industrial (C&I) customers through its network of 90 collection operations, 72 transfer stations, 21 owned or operated recycling facilities and 39 owned or operated active landfills.

Earnings History for Advanced Disposal Services (NYSE:ADSW)

Receive News & Ratings for Advanced Disposal Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Disposal Services and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply