Advanced Disposal Services Inc (NASDAQ:ADSW) – Stock analysts at First Analysis upped their Q3 2017 EPS estimates for shares of Advanced Disposal Services in a report issued on Monday. First Analysis analyst C. Greendale now forecasts that the company will post earnings per share of $0.19 for the quarter, up from their prior estimate of $0.14. First Analysis also issued estimates for Advanced Disposal Services’ Q4 2017 earnings at $0.20 EPS.

Several other equities analysts have also recently commented on ADSW. Zacks Investment Research cut shares of Advanced Disposal Services from a “buy” rating to a “hold” rating in a report on Wednesday, May 3rd. Oppenheimer Holdings, Inc. restated a “buy” rating on shares of Advanced Disposal Services in a report on Thursday, May 4th. CIBC restated a “buy” rating on shares of Advanced Disposal Services in a report on Friday, May 5th. Finally, ValuEngine upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a report on Friday, May 19th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Advanced Disposal Services presently has a consensus rating of “Buy” and a consensus price target of $25.27.

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Advanced Disposal Services (NASDAQ ADSW) opened at 22.85 on Tuesday. The company has a 50 day moving average price of $23.26 and a 200 day moving average price of $22.87. The stock’s market capitalization is $2.02 billion. Advanced Disposal Services has a 12 month low of $18.32 and a 12 month high of $24.44.

Advanced Disposal Services (NASDAQ:ADSW) last issued its earnings results on Wednesday, August 2nd. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.04. The business had revenue of $383.10 million for the quarter, compared to analyst estimates of $372.78 million. Advanced Disposal Services had a negative return on equity of 0.10% and a negative net margin of 0.05%. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the company posted $0.10 EPS.

In other news, insider Steven R. Carn sold 18,666 shares of the business’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $24.26, for a total transaction of $452,837.16. Following the transaction, the insider now directly owns 232,401 shares in the company, valued at approximately $5,638,048.26. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Steven R. Carn sold 55,000 shares of the business’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $21.87, for a total transaction of $1,202,850.00. Following the transaction, the insider now owns 369,733 shares in the company, valued at $8,086,060.71. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 192,332 shares of company stock worth $4,400,465.

Several large investors have recently added to or reduced their stakes in the stock. Jennison Associates LLC raised its stake in Advanced Disposal Services by 45.3% in the second quarter. Jennison Associates LLC now owns 2,501,228 shares of the company’s stock valued at $56,853,000 after buying an additional 779,413 shares during the last quarter. Vanguard Group Inc. raised its stake in Advanced Disposal Services by 48.3% in the first quarter. Vanguard Group Inc. now owns 1,671,885 shares of the company’s stock valued at $37,784,000 after buying an additional 544,257 shares during the last quarter. FMR LLC raised its stake in Advanced Disposal Services by 12.6% in the first quarter. FMR LLC now owns 1,464,576 shares of the company’s stock valued at $33,099,000 after buying an additional 164,050 shares during the last quarter. Victory Capital Management Inc. raised its stake in Advanced Disposal Services by 58.3% in the second quarter. Victory Capital Management Inc. now owns 955,703 shares of the company’s stock valued at $21,723,000 after buying an additional 352,120 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Advanced Disposal Services by 19.0% in the first quarter. JPMorgan Chase & Co. now owns 943,093 shares of the company’s stock valued at $21,313,000 after buying an additional 150,301 shares during the last quarter.

About Advanced Disposal Services

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.

Earnings History and Estimates for Advanced Disposal Services (NASDAQ:ADSW)

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