Advanced Disposal Services Inc (ADSW) Given Average Rating of “Hold” by Brokerages

Advanced Disposal Services Inc (NYSE:ADSW) has earned an average rating of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $27.00.

Several equities analysts recently commented on ADSW shares. Zacks Investment Research upgraded shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Wednesday, July 4th. ValuEngine upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research note on Thursday, May 3rd.

Several hedge funds have recently made changes to their positions in ADSW. Wells Fargo & Company MN raised its stake in shares of Advanced Disposal Services by 21.5% in the 1st quarter. Wells Fargo & Company MN now owns 857,445 shares of the company’s stock valued at $19,104,000 after buying an additional 151,856 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Advanced Disposal Services by 15.3% in the 1st quarter. Rhumbline Advisers now owns 45,922 shares of the company’s stock valued at $1,023,000 after buying an additional 6,090 shares in the last quarter. Manning & Napier Group LLC raised its stake in shares of Advanced Disposal Services by 102.0% in the 1st quarter. Manning & Napier Group LLC now owns 1,025,076 shares of the company’s stock valued at $22,837,000 after buying an additional 517,509 shares in the last quarter. Monarch Partners Asset Management LLC raised its stake in shares of Advanced Disposal Services by 0.4% in the 1st quarter. Monarch Partners Asset Management LLC now owns 746,492 shares of the company’s stock valued at $16,632,000 after buying an additional 2,980 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Advanced Disposal Services in the 1st quarter valued at $132,000. Institutional investors own 96.37% of the company’s stock.

NYSE:ADSW traded up $0.13 during trading hours on Wednesday, hitting $26.06. 6,354 shares of the company traded hands, compared to its average volume of 438,297. The stock has a market cap of $2.30 billion, a P/E ratio of 55.13, a PEG ratio of 2.91 and a beta of 0.50. Advanced Disposal Services has a twelve month low of $21.50 and a twelve month high of $26.05. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.69 and a quick ratio of 0.69.

Advanced Disposal Services (NYSE:ADSW) last released its earnings results on Wednesday, August 1st. The company reported $0.19 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.19. The firm had revenue of $398.10 million during the quarter, compared to analysts’ expectations of $390.72 million. Advanced Disposal Services had a net margin of 3.72% and a return on equity of 5.68%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.16 EPS. equities research analysts anticipate that Advanced Disposal Services will post 0.6 EPS for the current year.

Advanced Disposal Services Company Profile

Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. It is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. The company also supplies commercial and industrial customers with waste containers; rents or sells compactors to large waste generators; and provides roll-off containers, as well as waste collection, transportation, and disposal services to construction and demolition sites.

Further Reading: Book Value Per Share – BVPS

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