Shares of Advanced Disposal Services Inc (NYSE:ADSW) have been assigned a consensus recommendation of “Buy” from the ten ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $28.17.
ADSW has been the subject of a number of research analyst reports. TheStreet raised shares of Advanced Disposal Services from a “d” rating to a “b-” rating in a report on Wednesday, November 14th. First Analysis upped their price target on shares of Advanced Disposal Services to $32.00 and gave the company a “strong-buy” rating in a report on Tuesday, September 18th. Zacks Investment Research downgraded shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a report on Thursday, November 1st. Oppenheimer reissued a “buy” rating on shares of Advanced Disposal Services in a report on Wednesday, October 31st. Finally, Morgan Stanley set a $26.00 price target on shares of Advanced Disposal Services and gave the company a “hold” rating in a report on Friday, November 2nd.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Advanced Disposal Services by 4.2% in the 3rd quarter. Vanguard Group Inc. now owns 5,894,669 shares of the company’s stock valued at $159,628,000 after acquiring an additional 240,096 shares during the last quarter. Morgan Stanley lifted its holdings in Advanced Disposal Services by 18.1% in the 3rd quarter. Morgan Stanley now owns 621,041 shares of the company’s stock valued at $16,817,000 after acquiring an additional 94,984 shares during the last quarter. Legal & General Group Plc lifted its stake in Advanced Disposal Services by 26.5% during the third quarter. Legal & General Group Plc now owns 27,418 shares of the company’s stock valued at $743,000 after buying an additional 5,736 shares in the last quarter. TIAA CREF Investment Management LLC lifted its stake in Advanced Disposal Services by 14.1% during the third quarter. TIAA CREF Investment Management LLC now owns 626,567 shares of the company’s stock valued at $16,967,000 after buying an additional 77,364 shares in the last quarter. Finally, Worth Venture Partners LLC purchased a new stake in Advanced Disposal Services during the third quarter valued at about $106,000. 97.18% of the stock is owned by institutional investors.
Advanced Disposal Services (NYSE:ADSW) last announced its earnings results on Wednesday, October 31st. The company reported $0.17 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.01). The company had revenue of $400.60 million during the quarter, compared to the consensus estimate of $396.26 million. Advanced Disposal Services had a net margin of 3.16% and a return on equity of 5.71%. The business’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.16 EPS. On average, equities analysts expect that Advanced Disposal Services will post 0.58 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.
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