Advanced Disposal Services (ADSW) to Release Quarterly Earnings on Thursday

Advanced Disposal Services (NYSE:ADSW) is scheduled to be announcing its earnings results after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.14 per share for the quarter.

Shares of Advanced Disposal Services (ADSW) opened at $23.60 on Thursday. Advanced Disposal Services has a 52-week low of $20.94 and a 52-week high of $25.71. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market cap of $2,022.02, a P/E ratio of -84.28, a P/E/G ratio of 2.78 and a beta of -0.35.

A number of brokerages have issued reports on ADSW. Zacks Investment Research upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research note on Tuesday, December 5th. KeyCorp began coverage on shares of Advanced Disposal Services in a research note on Thursday, November 30th. They set a “sector weight” rating on the stock. Stifel Nicolaus upgraded shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and upped their price target for the company from $26.00 to $28.00 in a research note on Monday, December 11th. Credit Suisse Group cut their price target on shares of Advanced Disposal Services from $28.00 to $27.00 and set an “outperform” rating on the stock in a research note on Friday, November 3rd. Finally, BidaskClub lowered shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the stock. Advanced Disposal Services currently has a consensus rating of “Hold” and an average target price of $26.38.

In other news, insider Steven R. Carn sold 18,666 shares of the stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $24.05, for a total value of $448,917.30. Following the sale, the insider now owns 120,405 shares in the company, valued at $2,895,740.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Highstar Capital Lp sold 19,998,544 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $21.77, for a total transaction of $435,368,302.88. The disclosure for this sale can be found here. Insiders have sold a total of 20,054,542 shares of company stock worth $436,687,056 in the last 90 days. 1.20% of the stock is currently owned by company insiders.

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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.

Earnings History for Advanced Disposal Services (NYSE:ADSW)

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