Shares of Advanced Disposal Services Inc. (NYSE:ADSW) have been assigned a consensus recommendation of “Hold” from the twelve ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $26.00.

ADSW has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research report on Tuesday, December 5th. KeyCorp initiated coverage on shares of Advanced Disposal Services in a research report on Thursday, November 30th. They issued a “sector weight” rating on the stock. Stifel Nicolaus upgraded shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and lifted their price objective for the company from $26.00 to $28.00 in a research report on Monday. BidaskClub upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, Credit Suisse Group cut their price objective on shares of Advanced Disposal Services from $28.00 to $27.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd.

In other Advanced Disposal Services news, major shareholder Highstar Capital Lp sold 19,998,544 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $21.77, for a total transaction of $435,368,302.88. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Steven R. Carn sold 18,666 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $24.60, for a total transaction of $459,183.60. Following the sale, the insider now owns 176,403 shares in the company, valued at $4,339,513.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 20,054,542 shares of company stock worth $436,731,481. 1.20% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. raised its holdings in shares of Advanced Disposal Services by 7,290.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 60,897 shares of the company’s stock worth $1,384,000 after purchasing an additional 60,073 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of Advanced Disposal Services by 1.2% in the 3rd quarter. Jennison Associates LLC now owns 2,529,995 shares of the company’s stock worth $63,731,000 after purchasing an additional 28,767 shares in the last quarter. Tygh Capital Management Inc. bought a new stake in shares of Advanced Disposal Services in the 2nd quarter worth approximately $4,461,000. Northern Trust Corp raised its holdings in shares of Advanced Disposal Services by 22.5% in the 2nd quarter. Northern Trust Corp now owns 313,086 shares of the company’s stock worth $7,116,000 after purchasing an additional 57,412 shares in the last quarter. Finally, Nationwide Fund Advisors raised its holdings in shares of Advanced Disposal Services by 217.7% in the 2nd quarter. Nationwide Fund Advisors now owns 41,647 shares of the company’s stock worth $947,000 after purchasing an additional 28,538 shares in the last quarter. Institutional investors own 96.54% of the company’s stock.

Advanced Disposal Services (NYSE ADSW) traded down $0.42 during midday trading on Friday, hitting $22.76. 288,100 shares of the stock traded hands, compared to its average volume of 351,890. Advanced Disposal Services has a 1-year low of $19.34 and a 1-year high of $25.71. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market cap of $2,051.23, a price-to-earnings ratio of 41.39, a PEG ratio of 3.28 and a beta of -0.67.

Advanced Disposal Services (NYSE:ADSW) last posted its quarterly earnings results on Wednesday, November 1st. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.01). The business had revenue of $392.70 million during the quarter, compared to analyst estimates of $383.11 million. Advanced Disposal Services had a negative net margin of 1.61% and a positive return on equity of 5.84%. The company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the firm posted $0.06 earnings per share. equities research analysts expect that Advanced Disposal Services will post 0.51 earnings per share for the current year.

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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.

Analyst Recommendations for Advanced Disposal Services (NYSE:ADSW)

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