Wall Street analysts expect Advanced Disposal Services Inc (NYSE:ADSW) to report earnings per share of $0.12 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Advanced Disposal Services’ earnings. The lowest EPS estimate is $0.06 and the highest is $0.17. Advanced Disposal Services reported earnings per share of $0.19 in the same quarter last year, which would suggest a negative year over year growth rate of 36.8%. The firm is expected to report its next earnings report on Tuesday, November 3rd.
According to Zacks, analysts expect that Advanced Disposal Services will report full year earnings of $0.25 per share for the current financial year, with EPS estimates ranging from $0.11 to $0.51. For the next financial year, analysts anticipate that the company will report earnings of $0.41 per share, with EPS estimates ranging from $0.31 to $0.51. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that cover Advanced Disposal Services.
Advanced Disposal Services (NYSE:ADSW) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.21. Advanced Disposal Services had a net margin of 0.02% and a return on equity of 4.90%. The business had revenue of $380.30 million during the quarter, compared to the consensus estimate of $374.99 million.
A number of research firms recently issued reports on ADSW. TheStreet downgraded shares of Advanced Disposal Services from a “c-” rating to a “d+” rating in a report on Monday, June 15th. Morgan Stanley reduced their target price on shares of Advanced Disposal Services from $33.00 to $30.30 and set an “equal weight” rating for the company in a research note on Thursday, June 25th. Finally, Zacks Investment Research upgraded shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a research note on Friday, August 28th.
NYSE ADSW traded up $0.01 during trading hours on Tuesday, reaching $29.93. 1,618,600 shares of the company were exchanged, compared to its average volume of 1,024,256. Advanced Disposal Services has a 1 year low of $28.55 and a 1 year high of $33.15. The business’s 50 day simple moving average is $30.14 and its 200-day simple moving average is $31.51. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.86. The stock has a market capitalization of $2.72 billion, a P/E ratio of 76.74, a P/E/G ratio of 12.03 and a beta of 0.27.
Several institutional investors and hedge funds have recently bought and sold shares of ADSW. Wells Fargo & Company MN grew its stake in Advanced Disposal Services by 90.1% during the first quarter. Wells Fargo & Company MN now owns 306,151 shares of the company’s stock valued at $10,042,000 after acquiring an additional 145,101 shares in the last quarter. Alliancebernstein L.P. grew its stake in Advanced Disposal Services by 24.4% during the first quarter. Alliancebernstein L.P. now owns 543,678 shares of the company’s stock valued at $17,833,000 after acquiring an additional 106,712 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Advanced Disposal Services by 30.5% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,128 shares of the company’s stock valued at $234,000 after acquiring an additional 1,664 shares in the last quarter. Virtu Financial LLC purchased a new position in Advanced Disposal Services during the second quarter valued at approximately $512,000. Finally, Rhumbline Advisers grew its stake in Advanced Disposal Services by 3.9% during the first quarter. Rhumbline Advisers now owns 121,524 shares of the company’s stock valued at $3,986,000 after acquiring an additional 4,543 shares in the last quarter.
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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