Advanced Disposal Services Inc to Post Q2 2019 Earnings of $0.18 Per Share, First Analysis Forecasts (NYSE:ADSW)

Advanced Disposal Services Inc (NYSE:ADSW) – Equities researchers at First Analysis issued their Q2 2019 earnings per share estimates for Advanced Disposal Services in a report released on Thursday, March 28th, according to Zacks Investment Research. First Analysis analyst C. Greendale anticipates that the company will earn $0.18 per share for the quarter. First Analysis has a “Neutral” rating on the stock. First Analysis also issued estimates for Advanced Disposal Services’ Q3 2019 earnings at $0.20 EPS, Q4 2019 earnings at $0.17 EPS and FY2020 earnings at $0.73 EPS.

A number of other equities research analysts have also issued reports on the company. Stifel Nicolaus raised Advanced Disposal Services from a “hold” rating to a “buy” rating in a research report on Monday, April 15th. Morgan Stanley set a $24.00 target price on Advanced Disposal Services and gave the company a “hold” rating in a research report on Tuesday, January 8th. Bank of America lowered Advanced Disposal Services from a “neutral” rating to an “underperform” rating and set a $27.00 target price on the stock. in a research report on Tuesday, February 19th. KeyCorp initiated coverage on Advanced Disposal Services in a research report on Monday, February 4th. They issued a “sector weight” rating on the stock. Finally, Deutsche Bank lowered Advanced Disposal Services from a “buy” rating to a “hold” rating and set a $33.00 target price on the stock. in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. Advanced Disposal Services presently has an average rating of “Hold” and an average target price of $29.75.

Advanced Disposal Services stock traded down $0.17 during midday trading on Monday, reaching $32.31. The stock had a trading volume of 1,466,235 shares, compared to its average volume of 761,488. Advanced Disposal Services has a 1-year low of $21.80 and a 1-year high of $33.01. The firm has a market cap of $2.91 billion, a PE ratio of 55.71, a P/E/G ratio of 5.55 and a beta of 0.73. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.65 and a current ratio of 0.65.

Advanced Disposal Services (NYSE:ADSW) last released its quarterly earnings results on Thursday, February 21st. The company reported $0.13 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.13. Advanced Disposal Services had a return on equity of 5.69% and a net margin of 0.60%. The company had revenue of $394.80 million for the quarter, compared to analyst estimates of $386.64 million. During the same quarter last year, the firm posted $0.13 earnings per share. Advanced Disposal Services’s revenue was up 2.7% compared to the same quarter last year.

Several large investors have recently bought and sold shares of the business. Bronfman E.L. Rothschild L.P. increased its position in shares of Advanced Disposal Services by 2.6% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 19,940 shares of the company’s stock worth $477,000 after purchasing an additional 500 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Advanced Disposal Services by 43.1% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,157 shares of the company’s stock worth $52,000 after purchasing an additional 650 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Advanced Disposal Services by 20.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,527 shares of the company’s stock worth $108,000 after purchasing an additional 783 shares during the last quarter. Eagle Asset Management Inc. increased its position in shares of Advanced Disposal Services by 0.6% during the 4th quarter. Eagle Asset Management Inc. now owns 154,359 shares of the company’s stock worth $3,695,000 after purchasing an additional 918 shares during the last quarter. Finally, Meeder Asset Management Inc. acquired a new position in shares of Advanced Disposal Services during the 4th quarter worth approximately $26,000.

Advanced Disposal Services Company Profile

Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. The company is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. It 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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Earnings History and Estimates for Advanced Disposal Services (NYSE:ADSW)

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