Advanced Disposal Services Inc (NYSE:ADSW) has earned an average recommendation of “Hold” from the twelve ratings firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $30.00.

Several brokerages have recently commented on ADSW. UBS Group cut shares of Advanced Disposal Services from a “buy” rating to a “neutral” rating and set a $33.00 target price on the stock. in a report on Wednesday, May 1st. They noted that the move was a valuation call. Stifel Nicolaus began coverage on shares of SkyWest in a report on Monday, April 15th. They set a “buy” rating and a $68.00 target price on the stock. ValuEngine cut shares of China Southern Airlines from a “hold” rating to a “sell” rating in a report on Monday, April 29th. Deutsche Bank set a $137.00 target price on shares of Verisk Analytics and gave the stock a “hold” rating in a report on Tuesday, April 23rd. Finally, Zacks Investment Research cut shares of W. R. Grace & Co from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st.

ADSW stock traded up $0.03 during mid-day trading on Friday, hitting $32.35. 21,077 shares of the company were exchanged, compared to its average volume of 752,859. The business has a 50 day simple moving average of $32.14. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.99. The firm has a market cap of $2.87 billion, a PE ratio of 55.76, a PEG ratio of 5.74 and a beta of 0.66. Advanced Disposal Services has a 1-year low of $22.05 and a 1-year high of $33.01.

Advanced Disposal Services (NYSE:ADSW) last issued its quarterly earnings data on Tuesday, April 30th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.04). Advanced Disposal Services had a return on equity of 4.99% and a net margin of 0.08%. The company had revenue of $384.00 million for the quarter, compared to analyst estimates of $376.19 million. During the same quarter last year, the business earned $0.02 earnings per share. The company’s revenue was up 5.3% on a year-over-year basis. Sell-side analysts predict that Advanced Disposal Services will post 0.57 earnings per share for the current year.

A number of large investors have recently made changes to their positions in the stock. California Public Employees Retirement System raised its position in Advanced Disposal Services by 75.3% in the fourth quarter. California Public Employees Retirement System now owns 26,580 shares of the company’s stock worth $636,000 after acquiring an additional 11,415 shares in the last quarter. BlackRock Inc. raised its holdings in Advanced Disposal Services by 5.1% during the 4th quarter. BlackRock Inc. now owns 4,978,355 shares of the company’s stock worth $119,183,000 after buying an additional 241,958 shares during the period. Bank of New York Mellon Corp raised its holdings in Advanced Disposal Services by 2.6% during the 4th quarter. Bank of New York Mellon Corp now owns 257,863 shares of the company’s stock worth $6,173,000 after buying an additional 6,508 shares during the period. NumerixS Investment Technologies Inc raised its holdings in Advanced Disposal Services by 700.0% during the 4th quarter. NumerixS Investment Technologies Inc now owns 3,200 shares of the company’s stock worth $75,000 after buying an additional 2,800 shares during the period. Finally, Great West Life Assurance Co. Can raised its holdings in Advanced Disposal Services by 80.8% during the 4th quarter. Great West Life Assurance Co. Can now owns 5,966 shares of the company’s stock worth $138,000 after buying an additional 2,666 shares during the period. 98.10% of the stock is currently owned by institutional investors and hedge funds.

About Advanced Disposal Services

Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. The company is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. It 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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