Advanced Disposal Services Inc (NASDAQ:ADSW) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Friday, May 19th.

Several other analysts have also recently weighed in on the stock. CIBC reissued a “buy” rating on shares of Advanced Disposal Services in a research note on Monday, May 15th. Zacks Investment Research raised shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research note on Friday, May 12th. Oppenheimer Holdings, Inc. reissued a “buy” rating on shares of Advanced Disposal Services in a research note on Thursday, May 4th. Barclays PLC reissued a “buy” rating on shares of Advanced Disposal Services in a research note on Friday, March 3rd. Finally, Bank of America Corporation upgraded shares of Advanced Disposal Services from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $22.00 to $27.00 in a report on Friday, March 3rd. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $24.80.

Analyst Recommendations for Advanced Disposal Services (NASDAQ:ADSW)

Shares of Advanced Disposal Services (ADSW) traded up 1.24% on Friday, hitting $23.75. 893,279 shares of the company were exchanged. The firm’s 50-day moving average is $23.02 and its 200-day moving average is $22.36. Advanced Disposal Services has a 52-week low of $18.32 and a 52-week high of $24.10. The stock’s market capitalization is $2.10 billion.

Advanced Disposal Services (NASDAQ:ADSW) last announced its quarterly earnings data on Thursday, May 4th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.06. The business had revenue of $347.40 million for the quarter, compared to analysts’ expectations of $341.08 million. The firm’s revenue was up 4.1% on a year-over-year basis. Equities research analysts predict that Advanced Disposal Services will post $0.46 earnings per share for the current year.

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In other Advanced Disposal Services news, insider Steven R. Carn sold 45,000 shares of the stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $23.37, for a total transaction of $1,051,650.00. Following the sale, the insider now directly owns 324,733 shares in the company, valued at approximately $7,589,010.21. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Steven R. Carn sold 55,000 shares of the stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $21.87, for a total transaction of $1,202,850.00. Following the sale, the insider now owns 369,733 shares in the company, valued at $8,086,060.71. The disclosure for this sale can be found here.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank bought a new position in Advanced Disposal Services during the fourth quarter worth approximately $23,599,000. Boothbay Fund Management LLC bought a new position in Advanced Disposal Services during the fourth quarter worth approximately $273,000. Metropolitan Life Insurance Co. NY bought a new position in Advanced Disposal Services during the fourth quarter worth approximately $477,000. Bogle Investment Management L P DE bought a new position in Advanced Disposal Services during the fourth quarter worth approximately $3,431,000. Finally, Davidson Kempner Capital Management LP acquired a new position in shares of Advanced Disposal Services during the fourth quarter valued at about $10,498,000.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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