Somewhat Favorable News Coverage Somewhat Unlikely to Impact Advanced Disposal Services (ADSW) Share Price
Press coverage about Advanced Disposal Services (NASDAQ:ADSW) has trended somewhat positive on Friday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Advanced Disposal Services earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 48.3225544199034 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- ETFs with exposure to Advanced Disposal Services, Inc. : November 8, 2017 (finance.yahoo.com)
- Analyzing Advanced Disposal Services (ADSW) and The Competition (americanbankingnews.com)
- Analyzing the Third Quarter Highlights from the Top Five Solid Waste Players (waste360.com)
- Advanced Disposal Services, Inc. :ADSW-US: Earnings Analysis: Q3, 2017 By the Numbers : November 7, 2017 (finance.yahoo.com)
- Advanced Disposal Services, Inc. – Value Analysis (NYSE:ADSW) : November 6, 2017 (finance.yahoo.com)
A number of analysts recently weighed in on the stock. Credit Suisse Group dropped their price objective on shares of Advanced Disposal Services from $28.00 to $27.00 and set an “outperform” rating on the stock in a report on Friday, November 3rd. BidaskClub cut shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a report on Saturday, October 21st. Zacks Investment Research lowered shares of Advanced Disposal Services from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 6th. Stifel Nicolaus lowered shares of Advanced Disposal Services from a “buy” rating to a “hold” rating and set a $26.00 target price for the company. in a research report on Wednesday, October 4th. Finally, Deutsche Bank AG increased their target price on shares of Advanced Disposal Services from $25.00 to $26.00 and gave the company a “buy” rating in a research report on Monday, August 7th. One analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $26.13.
Shares of Advanced Disposal Services (ADSW) traded up $0.20 on Friday, reaching $22.82. 255,649 shares of the company were exchanged, compared to its average volume of 335,407. Advanced Disposal Services has a 12-month low of $19.23 and a 12-month high of $25.71.
Advanced Disposal Services (NASDAQ:ADSW) last announced its earnings results on Wednesday, November 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.01). The company had revenue of $392.70 million during the quarter, compared to the consensus estimate of $383.11 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 8.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.06 EPS.
In other news, insider Steven R. Carn sold 18,666 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $25.36, for a total transaction of $473,369.76. Following the completion of the transaction, the insider now owns 195,069 shares in the company, valued at approximately $4,946,949.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have sold 55,998 shares of company stock valued at $1,378,484.
About Advanced Disposal Services
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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