Advanced Emissions Solutions (NASDAQ:ADES) was upgraded by research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a report issued on Monday.

A number of other research analysts have also commented on the company. HC Wainwright reiterated a “buy” rating and set a $18.00 price target on shares of Advanced Emissions Solutions in a report on Wednesday, August 8th. Zacks Investment Research lowered Advanced Emissions Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 9th.

Shares of ADES stock opened at $9.76 on Monday. Advanced Emissions Solutions has a 12 month low of $7.00 and a 12 month high of $12.37. The company has a market cap of $199.75 million, a PE ratio of 6.26 and a beta of 1.83.

Advanced Emissions Solutions (NASDAQ:ADES) last issued its quarterly earnings results on Wednesday, November 7th. The industrial products company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.29). Advanced Emissions Solutions had a return on equity of 53.06% and a net margin of 255.65%. The business had revenue of $5.15 million for the quarter, compared to analyst estimates of $4.94 million. Equities research analysts anticipate that Advanced Emissions Solutions will post 2.3 EPS for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. increased its position in shares of Advanced Emissions Solutions by 16.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 41,301 shares of the industrial products company’s stock valued at $470,000 after purchasing an additional 5,901 shares during the period. Bank of America Corp DE increased its position in shares of Advanced Emissions Solutions by 107.8% during the second quarter. Bank of America Corp DE now owns 14,463 shares of the industrial products company’s stock valued at $164,000 after purchasing an additional 7,502 shares during the period. Bank of New York Mellon Corp increased its position in shares of Advanced Emissions Solutions by 1.7% during the second quarter. Bank of New York Mellon Corp now owns 451,393 shares of the industrial products company’s stock valued at $5,128,000 after purchasing an additional 7,612 shares during the period. UBS Group AG increased its position in shares of Advanced Emissions Solutions by 75.9% during the first quarter. UBS Group AG now owns 21,669 shares of the industrial products company’s stock valued at $248,000 after purchasing an additional 9,351 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Advanced Emissions Solutions during the second quarter valued at approximately $118,000. Institutional investors and hedge funds own 74.89% of the company’s stock.

About Advanced Emissions Solutions

ADA-ES, Inc (ADA) develops, offers, and implements environmental technologies and provides equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations by enhancing existing air pollution control equipment. ADA’s wholly owned subsidiaries include Advanced Emissions Solutions, Inc, ADA Intellectual Property, LLC and ADA Environmental Solutions, LLC.

Further Reading: What are defining characteristics of a correction?

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

Receive News & Ratings for Advanced Emissions Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Emissions Solutions and related companies with MarketBeat.com's FREE daily email newsletter.