Shares of Advanced Disposal (NYSE:ADSW) have been assigned an average rating of “Hold” from the ten brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $26.60.
ADSW has been the subject of several analyst reports. Zacks Investment Research upgraded Advanced Disposal from a “sell” rating to a “hold” rating in a research note on Thursday, January 18th. Credit Suisse Group restated an “outperform” rating and issued a $26.00 target price (down previously from $27.00) on shares of Advanced Disposal in a research note on Monday, February 26th. UBS reiterated a “buy” rating and set a $27.00 price target (down previously from $29.00) on shares of Advanced Disposal in a research report on Friday, February 23rd. Finally, ValuEngine downgraded Advanced Disposal from a “hold” rating to a “sell” rating in a research report on Saturday, April 21st.
NYSE ADSW traded up $0.34 during trading hours on Monday, hitting $23.38. The company had a trading volume of 30,266 shares, compared to its average volume of 468,264. Advanced Disposal has a 52 week low of $23.01 and a 52 week high of $23.38. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.10. The company has a market cap of $2.04 billion, a P/E ratio of 49.57, a P/E/G ratio of 2.49 and a beta of 0.58.
Advanced Disposal (NYSE:ADSW) last issued its earnings results on Wednesday, May 2nd. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.03 by $0.06. Advanced Disposal had a return on equity of 5.40% and a net margin of 3.11%. The business had revenue of $364.70 million during the quarter, compared to the consensus estimate of $361.88 million. During the same quarter last year, the company earned $0.04 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. equities research analysts anticipate that Advanced Disposal will post 0.6 EPS for the current year.
In related news, insider Steven R. Carn sold 15,420 shares of the firm’s stock in a transaction dated Monday, April 2nd. The stock was sold at an average price of $22.12, for a total transaction of $341,090.40. Following the transaction, the insider now directly owns 145,909 shares of the company’s stock, valued at approximately $3,227,507.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ernest J. Mrozek acquired 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 8th. The shares were purchased at an average cost of $22.63 per share, for a total transaction of $33,945.00. Following the completion of the acquisition, the director now owns 5,263 shares in the company, valued at approximately $119,101.69. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 22,036,966 shares of company stock valued at $494,267,443. Corporate insiders own 0.94% of the company’s stock.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC purchased a new position in shares of Advanced Disposal during the 1st quarter valued at about $132,000. UBS Asset Management Americas Inc. raised its holdings in shares of Advanced Disposal by 88.8% during the 4th quarter. UBS Asset Management Americas Inc. now owns 15,100 shares of the company’s stock valued at $361,000 after buying an additional 7,100 shares in the last quarter. Parametrica Management Ltd purchased a new position in shares of Advanced Disposal during the 1st quarter valued at about $397,000. Teacher Retirement System of Texas purchased a new position in Advanced Disposal in the 4th quarter worth approximately $444,000. Finally, Bronfman E.L. Rothschild L.P. increased its stake in Advanced Disposal by 872.0% in the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 19,440 shares of the company’s stock worth $433,000 after purchasing an additional 17,440 shares during the period.
Advanced Disposal Company Profile
Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. It is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. The company also supplies commercial and industrial customers with waste containers; rents or sells compactors to large waste generators; and provides roll-off containers, as well as waste collection, transportation, and disposal services to construction and demolition sites.
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