Advanced Disposal Services Inc (NASDAQ:ADSW) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.

A number of other brokerages have also issued reports on ADSW. CIBC reissued a “buy” rating on shares of Advanced Disposal Services in a research report on Friday, May 5th. Stifel Nicolaus boosted their target price on Advanced Disposal Services from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, February 21st. Barclays PLC reissued a “buy” rating on shares of Advanced Disposal Services in a research report on Friday, March 3rd. Oppenheimer Holdings Inc. reissued a “buy” rating on shares of Advanced Disposal Services in a research report on Thursday, May 4th. Finally, Zacks Investment Research raised Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Wednesday, February 22nd. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $24.70.

Analyst Recommendations for Advanced Disposal Services (NASDAQ:ADSW)

Advanced Disposal Services (NASDAQ:ADSW) traded down 0.41% on Friday, hitting $21.90. The stock had a trading volume of 1,024,603 shares. The stock’s market cap is $1.93 billion. Advanced Disposal Services has a 12 month low of $18.32 and a 12 month high of $24.10. The firm’s 50 day moving average price is $22.97 and its 200-day moving average price is $21.86.

Advanced Disposal Services (NASDAQ:ADSW) last announced its earnings results on Thursday, May 4th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.06. The firm had revenue of $347.40 million during the quarter, compared to analysts’ expectations of $341.08 million. Advanced Disposal Services’s revenue for the quarter was up 4.1% compared to the same quarter last year. On average, analysts forecast that Advanced Disposal Services will post $0.47 EPS for the current year.

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Several institutional investors have recently bought and sold shares of the company. Norges Bank acquired a new position in Advanced Disposal Services during the fourth quarter valued at approximately $23,599,000. Boothbay Fund Management LLC acquired a new position in Advanced Disposal Services during the fourth quarter valued at approximately $273,000. Metropolitan Life Insurance Co. NY acquired a new position in Advanced Disposal Services during the fourth quarter valued at approximately $477,000. Bogle Investment Management L P DE acquired a new position in Advanced Disposal Services during the fourth quarter valued at approximately $3,431,000. Finally, Davidson Kempner Capital Management LP acquired a new position in Advanced Disposal Services during the fourth quarter valued at approximately $10,498,000.

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.

5 Day Chart for NASDAQ:ADSW

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