Advanced Disposal Services (ADSW) Stock Rating Upgraded by TheStreet

Advanced Disposal Services (NYSE:ADSW) was upgraded by equities researchers at TheStreet from a “d” rating to a “b-” rating in a research report issued on Wednesday.

A number of other research firms also recently issued reports on ADSW. Oppenheimer reiterated a “buy” rating on shares of Advanced Disposal Services in a research report on Wednesday, October 31st. ValuEngine upgraded shares of Advanced Disposal Services from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st. Morgan Stanley set a $26.00 target price on shares of Advanced Disposal Services and gave the stock a “hold” rating in a research report on Friday, November 2nd. Zacks Investment Research downgraded shares of Advanced Disposal Services from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Finally, First Analysis increased their target price on shares of Advanced Disposal Services to $32.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, September 18th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $28.14.

ADSW stock traded up $0.68 during midday trading on Wednesday, reaching $26.58. The company had a trading volume of 871,776 shares, compared to its average volume of 501,713. Advanced Disposal Services has a 1 year low of $21.50 and a 1 year high of $27.93. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 2.02. The company has a market cap of $2.33 billion, a price-to-earnings ratio of 56.55, a PEG ratio of 3.43 and a beta of 0.42.

Advanced Disposal Services (NYSE:ADSW) last released its earnings results on Wednesday, October 31st. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). Advanced Disposal Services had a return on equity of 5.71% and a net margin of 3.16%. The company had revenue of $400.60 million during the quarter, compared to analysts’ expectations of $396.26 million. During the same quarter in the previous year, the company earned $0.16 EPS. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. On average, research analysts anticipate that Advanced Disposal Services will post 0.58 EPS for the current year.

Institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC bought a new position in shares of Advanced Disposal Services during the 2nd quarter valued at $100,000. Worth Venture Partners LLC bought a new position in shares of Advanced Disposal Services during the 3rd quarter valued at $106,000. Bank of Montreal Can raised its holdings in shares of Advanced Disposal Services by 1,329.9% during the 3rd quarter. Bank of Montreal Can now owns 7,364 shares of the company’s stock valued at $199,000 after purchasing an additional 6,849 shares in the last quarter. Keybank National Association OH bought a new position in shares of Advanced Disposal Services during the 3rd quarter valued at $213,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Advanced Disposal Services during the 2nd quarter valued at $258,000. Institutional investors and hedge funds own 96.93% of the company’s stock.

About Advanced Disposal Services

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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Analyst Recommendations for Advanced Disposal Services (NYSE:ADSW)

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