UBS Group reiterated their buy rating on shares of Advanced Disposal Services (NYSE:ADSW) in a report issued on Friday. UBS Group currently has a $27.00 price target on the stock, down from their prior price target of $29.00.
A number of other analysts have also recently weighed in on ADSW. KeyCorp began coverage on Advanced Disposal Services in a research note on Thursday, November 30th. They issued a sector weight rating on the stock. Zacks Investment Research upgraded Advanced Disposal Services from a hold rating to a buy rating and set a $26.00 target price on the stock in a research report on Wednesday. Credit Suisse Group cut their target price on Advanced Disposal Services from $28.00 to $27.00 and set an outperform rating on the stock in a research report on Friday, November 3rd. Finally, Stifel Nicolaus upgraded Advanced Disposal Services from a hold rating to a buy rating and lifted their target price for the stock from $26.00 to $28.00 in a research report on Monday, December 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company’s stock. Advanced Disposal Services presently has a consensus rating of Buy and an average price target of $26.11.
Advanced Disposal Services (ADSW) traded down $1.17 during trading on Friday, reaching $22.33. The company’s stock had a trading volume of 458,202 shares, compared to its average volume of 271,893. Advanced Disposal Services has a one year low of $20.94 and a one year high of $25.71. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market capitalization of $2,079.54, a PE ratio of -79.75, a PEG ratio of 2.86 and a beta of -0.35.
Advanced Disposal Services (NYSE:ADSW) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.01). Advanced Disposal Services had a negative net margin of 1.61% and a positive return on equity of 5.84%. The business had revenue of $384.40 million during the quarter, compared to analyst estimates of $374.30 million. During the same quarter in the prior year, the business earned $0.20 earnings per share. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. analysts anticipate that Advanced Disposal Services will post 0.5 earnings per share for the current year.
In other news, insider Steven R. Carn sold 18,666 shares of Advanced Disposal Services stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $24.05, for a total transaction of $448,917.30. Following the sale, the insider now owns 120,405 shares in the company, valued at $2,895,740.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 55,998 shares of company stock worth $1,318,753 in the last quarter. Insiders own 1.20% of the company’s stock.
A number of hedge funds have recently modified their holdings of the stock. MetLife Investment Advisors LLC acquired a new position in Advanced Disposal Services in the 4th quarter valued at about $493,000. Goldman Sachs Group Inc. increased its position in Advanced Disposal Services by 33.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,545,856 shares of the company’s stock valued at $37,008,000 after acquiring an additional 386,571 shares during the period. Thrivent Financial For Lutherans acquired a new position in Advanced Disposal Services in the 4th quarter valued at about $14,947,000. Osterweis Capital Management Inc. increased its position in Advanced Disposal Services by 0.4% in the 4th quarter. Osterweis Capital Management Inc. now owns 794,617 shares of the company’s stock valued at $19,023,000 after acquiring an additional 3,310 shares during the period. Finally, Bogle Investment Management L P DE increased its position in Advanced Disposal Services by 6.2% in the 4th quarter. Bogle Investment Management L P DE now owns 50,143 shares of the company’s stock valued at $1,200,000 after acquiring an additional 2,946 shares during the period.
TRADEMARK VIOLATION WARNING: “Advanced Disposal Services (ADSW) Given “Buy” Rating at UBS Group” was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.dispatchtribunal.com/2018/02/24/advanced-disposal-services-adsw-given-buy-rating-at-ubs-group.html.
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.
Receive News & Ratings for Advanced Disposal Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Disposal Services and related companies with MarketBeat.com's FREE daily email newsletter.