Advanced Disposal Services (NYSE:ADSW) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

According to Zacks, “Advanced Disposal Services, Inc. is a waste management company. It offers waste collection, transfer, recycling and disposal services for residential, commercial and industrial customers. The company serves primarily in United States. Advanced Disposal Services, Inc. is based in Ponte Vedra, FL. “

Several other equities analysts have also commented on ADSW. Barclays lowered shares of Advanced Disposal Services from an “overweight” rating to an “equal weight” rating and set a $26.00 price target for the company. in a research report on Monday, August 7th. Deutsche Bank upped their price target on shares of Advanced Disposal Services from $25.00 to $26.00 and gave the stock a “buy” rating in a research report on Monday, August 7th. BidaskClub upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Stifel Nicolaus lowered shares of Advanced Disposal Services from a “buy” rating to a “hold” rating and set a $26.00 price target for the company. in a research report on Wednesday, October 4th. Finally, Credit Suisse Group lowered their price target on shares of Advanced Disposal Services from $28.00 to $27.00 and set an “outperform” rating for the company in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Advanced Disposal Services currently has an average rating of “Hold” and an average price target of $26.13.

Advanced Disposal Services (NYSE ADSW) traded up $0.27 during mid-day trading on Tuesday, reaching $23.31. 478,000 shares of the company’s stock traded hands, compared to its average volume of 351,200. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.25. Advanced Disposal Services has a 12-month low of $19.23 and a 12-month high of $25.71. The company has a market capitalization of $2,060.00 and a price-to-earnings ratio of 41.14.

Advanced Disposal Services (NYSE:ADSW) last released its earnings results on Wednesday, November 1st. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 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 $392.70 million for the quarter, compared to the consensus estimate of $383.11 million. During the same quarter in the previous year, the firm earned $0.06 EPS. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. equities research analysts predict that Advanced Disposal Services will post 0.51 earnings per share for the current fiscal year.

In other Advanced Disposal Services news, major shareholder Highstar Capital Lp sold 19,998,544 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $21.77, for a total value of $435,368,302.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven R. Carn sold 18,666 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $24.60, for a total transaction of $459,183.60. Following the completion of the sale, the insider now directly owns 176,403 shares of the company’s stock, valued at $4,339,513.80. The disclosure for this sale can be found here. Insiders sold 20,035,876 shares of company stock valued at $436,300,856 in the last ninety days. Corporate insiders own 1.20% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the business. Cubist Systematic Strategies LLC purchased a new stake in Advanced Disposal Services during the third quarter valued at about $480,000. Magnetar Financial LLC purchased a new stake in Advanced Disposal Services during the third quarter valued at about $439,000. Asset Management One Co. Ltd. purchased a new stake in Advanced Disposal Services during the third quarter valued at about $8,283,000. Convergence Investment Partners LLC purchased a new stake in Advanced Disposal Services during the third quarter valued at about $349,000. Finally, California State Teachers Retirement System lifted its stake in Advanced Disposal Services by 58.3% during the third quarter. California State Teachers Retirement System now owns 69,950 shares of the company’s stock valued at $1,762,000 after buying an additional 25,750 shares in the last quarter. 96.54% of the stock is owned by institutional investors.

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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.

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Analyst Recommendations for Advanced Disposal Services (NYSE:ADSW)

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