Zacks: Analysts Anticipate Advanced Disposal Services Inc (NYSE:ADSW) to Announce $0.13 EPS

Wall Street brokerages expect Advanced Disposal Services Inc (NYSE:ADSW) to post $0.13 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Advanced Disposal Services’ earnings, with estimates ranging from $0.10 to $0.16. Advanced Disposal Services also reported earnings per share of $0.13 in the same quarter last year. The business is expected to report its next earnings report on Thursday, February 20th.

On average, analysts expect that Advanced Disposal Services will report full year earnings of $0.43 per share for the current fiscal year, with EPS estimates ranging from $0.34 to $0.52. For the next year, analysts expect that the firm will post earnings of $0.57 per share, with EPS estimates ranging from $0.46 to $0.68. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Advanced Disposal Services.

Advanced Disposal Services (NYSE:ADSW) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.19 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.05. The business had revenue of $419.50 million for the quarter, compared to analyst estimates of $419.81 million. Advanced Disposal Services had a negative net margin of 0.06% and a positive return on equity of 4.26%. The company’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the business earned $0.17 EPS.

A number of research firms recently commented on ADSW. Stifel Nicolaus downgraded shares of Advanced Disposal Services from a “buy” rating to a “hold” rating in a research report on Wednesday, July 31st. Zacks Investment Research raised shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Thursday, October 31st. Finally, ValuEngine downgraded shares of Advanced Disposal Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. Advanced Disposal Services presently has a consensus rating of “Hold” and an average price target of $31.00.

Several large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC acquired a new stake in shares of Advanced Disposal Services in the second quarter valued at about $36,000. Russell Investments Group Ltd. acquired a new stake in shares of Advanced Disposal Services in the third quarter valued at about $100,000. Strs Ohio acquired a new stake in shares of Advanced Disposal Services in the second quarter valued at about $105,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Advanced Disposal Services by 52.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,464 shares of the company’s stock valued at $174,000 after purchasing an additional 1,890 shares during the period. Finally, Quantamental Technologies LLC acquired a new stake in shares of Advanced Disposal Services in the second quarter valued at about $193,000. 97.62% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE ADSW traded down $0.03 during mid-day trading on Friday, reaching $32.86. The company had a trading volume of 1,061,101 shares, compared to its average volume of 868,430. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.95. The firm has a 50 day simple moving average of $32.68 and a two-hundred day simple moving average of $32.41. The stock has a market cap of $2.94 billion, a P/E ratio of 56.66, a PEG ratio of 7.72 and a beta of 0.65. Advanced Disposal Services has a 52-week low of $22.05 and a 52-week high of $33.01.

Advanced Disposal Services Company Profile

Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. The company is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. It 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.

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Earnings History and Estimates for Advanced Disposal Services (NYSE:ADSW)

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