Equities research analysts expect Advanced Disposal Services Inc (NYSE:ADSW) to announce earnings of $0.18 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Advanced Disposal Services’ earnings. The lowest EPS estimate is $0.15 and the highest is $0.19. Advanced Disposal Services posted earnings of $0.16 per share during the same quarter last year, which would indicate a positive year over year growth rate of 12.5%. The company is scheduled to issue its next quarterly earnings report on Wednesday, November 7th.
On average, analysts expect that Advanced Disposal Services will report full-year earnings of $0.60 per share for the current fiscal year, with EPS estimates ranging from $0.56 to $0.65. For the next year, analysts forecast that the business will report earnings of $0.72 per share, with EPS estimates ranging from $0.69 to $0.79. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Advanced Disposal Services.
Advanced Disposal Services (NYSE:ADSW) last posted its quarterly earnings results on Wednesday, August 1st. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. The business had revenue of $398.10 million during the quarter, compared to the consensus estimate of $390.72 million. Advanced Disposal Services had a net margin of 3.72% and a return on equity of 5.68%. Advanced Disposal Services’s revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.16 EPS.
Separately, Zacks Investment Research raised shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Wednesday, July 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $27.25.
ADSW traded down $0.16 during mid-day trading on Monday, reaching $27.09. 416,700 shares of the stock were exchanged, compared to its average volume of 496,077. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.69 and a quick ratio of 0.69. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 57.85, a P/E/G ratio of 3.02 and a beta of 0.62. Advanced Disposal Services has a 1 year low of $21.50 and a 1 year high of $27.93.
Institutional investors and hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC purchased a new position in Advanced Disposal Services during the 2nd quarter worth $100,000. SG Americas Securities LLC purchased a new position in Advanced Disposal Services during the 1st quarter worth $132,000. Dynamic Technology Lab Private Ltd purchased a new position in Advanced Disposal Services during the 1st quarter worth $230,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Advanced Disposal Services during the 2nd quarter worth $258,000. Finally, PEAK6 Investments L.P. purchased a new position in Advanced Disposal Services during the 2nd quarter worth $266,000. 96.60% of the stock is currently owned by hedge funds and other institutional investors.
Advanced Disposal Services Company Profile
Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. It is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. The company 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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