Advanced Disposal Services (NYSE:ADSW) was upgraded by equities research analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday, The Fly reports.
Other analysts have also issued research reports about the company. UBS Group upped their target price on Advanced Disposal Services from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Thursday, April 4th. Bank of America lowered Advanced Disposal Services from a “neutral” rating to an “underperform” rating and set a $27.00 target price on the stock. in a report on Tuesday, February 19th. Zacks Investment Research upgraded Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Monday, January 7th. Morgan Stanley set a $24.00 target price on Advanced Disposal Services and gave the stock a “hold” rating in a report on Tuesday, January 8th. Finally, KeyCorp assumed coverage on Advanced Disposal Services in a report on Monday, February 4th. They set a “sector weight” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $29.29.
Shares of Advanced Disposal Services stock traded up $5.11 during trading on Monday, reaching $32.25. The stock had a trading volume of 4,363,678 shares, compared to its average volume of 289,053. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 55.60, a price-to-earnings-growth ratio of 4.46 and a beta of 0.73. Advanced Disposal Services has a 52 week low of $21.80 and a 52 week high of $28.35. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.65 and a quick ratio of 0.65.
Advanced Disposal Services (NYSE:ADSW) last issued its quarterly earnings results on Thursday, February 21st. The company reported $0.13 EPS for the quarter, meeting analysts’ consensus estimates of $0.13. The company had revenue of $394.80 million for the quarter, compared to analyst estimates of $386.64 million. Advanced Disposal Services had a return on equity of 5.69% and a net margin of 0.60%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.13 earnings per share. On average, equities analysts expect that Advanced Disposal Services will post 0.6 EPS for the current year.
A number of large investors have recently modified their holdings of ADSW. Meeder Asset Management Inc. bought a new stake in Advanced Disposal Services during the fourth quarter worth $26,000. Public Employees Retirement System of Ohio lifted its stake in Advanced Disposal Services by 43.1% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,157 shares of the company’s stock worth $52,000 after purchasing an additional 650 shares during the last quarter. Advisors Asset Management Inc. bought a new stake in Advanced Disposal Services during the fourth quarter worth $58,000. NumerixS Investment Technologies Inc lifted its stake in Advanced Disposal Services by 700.0% during the fourth quarter. NumerixS Investment Technologies Inc now owns 3,200 shares of the company’s stock worth $75,000 after purchasing an additional 2,800 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Advanced Disposal Services by 20.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,527 shares of the company’s stock worth $108,000 after purchasing an additional 783 shares during the last quarter.
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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