Brokerages Set Advanced Disposal Services Inc (ADSW) PT at $25.11

Advanced Disposal Services Inc (NASDAQ:ADSW) has received an average rating of “Buy” from the fourteen ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $25.11.

Several equities analysts have recently weighed in on the stock. Barclays PLC lowered shares of Advanced Disposal Services from an “overweight” rating to an “equal weight” rating and set a $26.00 target price for the company. in a report on Monday, August 7th. Stifel Nicolaus reaffirmed a “buy” rating and set a $26.00 target price on shares of Advanced Disposal Services in a report on Friday, July 28th. Zacks Investment Research lowered shares of Advanced Disposal Services from a “buy” rating to a “hold” rating in a report on Monday, July 10th. BidaskClub lowered shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a report on Saturday, October 21st. Finally, Deutsche Bank AG lifted their price target on shares of Advanced Disposal Services from $25.00 to $26.00 and gave the company a “buy” rating in a research note on Monday, August 7th.

Advanced Disposal Services (NASDAQ ADSW) traded down 2.43% during trading on Thursday, hitting $24.85. 204,392 shares of the company’s stock were exchanged. Advanced Disposal Services has a 12-month low of $18.32 and a 12-month high of $25.71. The firm’s market cap is $2.20 billion. The company’s 50-day moving average price is $24.69 and its 200 day moving average price is $24.69.

Advanced Disposal Services (NASDAQ:ADSW) last posted its earnings results on Wednesday, August 2nd. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.04. The firm had revenue of $383.10 million during the quarter, compared to analyst estimates of $372.78 million. Advanced Disposal Services had a negative net margin of 0.05% and a negative return on equity of 0.10%. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.10 EPS. Equities analysts forecast that Advanced Disposal Services will post $0.53 earnings per share for the current fiscal year.

In related news, insider Steven R. Carn sold 18,666 shares of Advanced Disposal Services stock in a transaction on Friday, September 1st. The shares were sold at an average price of $23.89, for a total value of $445,930.74. Following the sale, the insider now owns 213,735 shares of the company’s stock, valued at approximately $5,106,129.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 55,998 shares of company stock worth $1,372,138 in the last three months.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Legal & General Group Plc boosted its stake in Advanced Disposal Services by 14.1% during the 2nd quarter. Legal & General Group Plc now owns 6,426 shares of the company’s stock worth $146,000 after purchasing an additional 795 shares during the last quarter. Nationwide Fund Advisors boosted its stake in Advanced Disposal Services by 15.9% during the 1st quarter. Nationwide Fund Advisors now owns 13,109 shares of the company’s stock worth $296,000 after purchasing an additional 1,795 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Advanced Disposal Services by 11.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 21,030 shares of the company’s stock worth $478,000 after purchasing an additional 2,186 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in Advanced Disposal Services by 24.7% during the 2nd quarter. Teacher Retirement System of Texas now owns 12,469 shares of the company’s stock worth $283,000 after purchasing an additional 2,469 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in Advanced Disposal Services by 5.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 74,598 shares of the company’s stock worth $1,686,000 after purchasing an additional 3,933 shares during the last quarter.

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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.

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