Advanced Emissions Solutions, Inc. (NASDAQ:ADES) has been given an average rating of “Buy” by the six research firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $18.67.
A number of analysts have commented on ADES shares. Canaccord Genuity reiterated a “buy” rating and issued a $20.00 price target on shares of Advanced Emissions Solutions in a research note on Thursday, September 28th. Zacks Investment Research cut shares of Advanced Emissions Solutions from a “hold” rating to a “strong sell” rating in a research note on Friday, November 10th. HC Wainwright reiterated a “buy” rating and issued a $18.00 price target on shares of Advanced Emissions Solutions in a research note on Wednesday, November 8th. Finally, ValuEngine cut shares of Advanced Emissions Solutions from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st.
In other news, Director Alan Bradley Gabbard sold 10,000 shares of the stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $8.17, for a total value of $81,700.00. Following the transaction, the director now directly owns 34,480 shares of the company’s stock, valued at $281,701.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 8.49% of the stock is owned by corporate insiders.
Shares of Advanced Emissions Solutions (NASDAQ:ADES) opened at $8.88 on Tuesday. The company has a market cap of $177.57, a price-to-earnings ratio of 5.36 and a beta of 2.66. Advanced Emissions Solutions has a 12 month low of $7.65 and a 12 month high of $12.25.
Advanced Emissions Solutions (NASDAQ:ADES) last announced its quarterly earnings results on Monday, November 6th. The industrial products company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.43). The firm had revenue of $2.29 million during the quarter, compared to analyst estimates of $8.30 million. Advanced Emissions Solutions had a net margin of 249.58% and a return on equity of 45.61%. equities research analysts expect that Advanced Emissions Solutions will post 1.29 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Friday, November 17th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 11.26%. The ex-dividend date of this dividend was Thursday, November 16th. Advanced Emissions Solutions’s payout ratio is presently 23.09%.
Advanced Emissions Solutions declared that its Board of Directors has authorized a stock buyback plan on Monday, December 4th that authorizes the company to repurchase $10.00 million in outstanding shares. This repurchase authorization authorizes the industrial products company to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.
Advanced Emissions Solutions Company Profile
ADA-ES, Inc (ADA) develops, offers, and implements environmental technologies and provides equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations by enhancing existing air pollution control equipment. ADA’s wholly owned subsidiaries include Advanced Emissions Solutions, Inc, ADA Intellectual Property, LLC and ADA Environmental Solutions, LLC.
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