Advanced Disposal Services Inc. (NYSE:ADSW) – Research analysts at KeyCorp issued their FY2017 EPS estimates for Advanced Disposal Services in a report released on Thursday. KeyCorp analyst J. Box expects that the company will post earnings per share of $0.50 for the year. KeyCorp has a “Sector Weight” rating on the stock. KeyCorp also issued estimates for Advanced Disposal Services’ Q4 2017 earnings at $0.14 EPS, Q1 2018 earnings at $0.03 EPS, Q2 2018 earnings at $0.17 EPS, Q3 2018 earnings at $0.20 EPS, Q4 2018 earnings at $0.19 EPS, FY2018 earnings at $0.59 EPS and FY2019 earnings at $0.70 EPS.

Several other analysts also recently commented on the stock. Credit Suisse Group dropped 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 report on Friday, November 3rd. Stifel Nicolaus downgraded shares of Advanced Disposal Services from a “buy” rating to a “hold” rating and set a $26.00 price objective on the stock. in a report on Wednesday, October 4th. BidaskClub downgraded shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a report on Saturday, October 21st. Zacks Investment Research raised shares of Advanced Disposal Services from a “hold” rating to a “strong-buy” rating and set a $29.00 price objective on the stock in a report on Wednesday, October 4th. Finally, Deutsche Bank upped their price objective on shares of Advanced Disposal Services from $25.00 to $26.00 and gave the company a “buy” rating in a report on Monday, August 7th. One analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $26.13.

Shares of Advanced Disposal Services (NYSE ADSW) opened at $23.31 on Monday. The company has a market cap of $2,038.84, a price-to-earnings ratio of 41.14, a PEG ratio of 3.26 and a beta of -0.67. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.25. Advanced Disposal Services has a twelve month low of $19.23 and a twelve month high of $25.71.

Advanced Disposal Services (NYSE:ADSW) last released its earnings results on Wednesday, November 1st. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). The company had revenue of $392.70 million for the quarter, compared to analysts’ expectations of $383.11 million. Advanced Disposal Services had a positive return on equity of 5.84% and a negative net margin of 1.61%. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.06 EPS.

In other Advanced Disposal Services news, major shareholder Highstar Capital Lp sold 19,998,544 shares of the company’s stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven R. Carn sold 18,666 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $24.60, for a total transaction of $459,183.60. Following the transaction, the insider now owns 176,403 shares of the company’s stock, valued at $4,339,513.80. The disclosure for this sale can be found here. Insiders have sold 20,035,876 shares of company stock worth $436,300,856 over the last three months. 1.20% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of the business. Russell Investments Group Ltd. raised its position in shares of Advanced Disposal Services by 7,290.4% in the second quarter. Russell Investments Group Ltd. now owns 60,897 shares of the company’s stock valued at $1,384,000 after buying an additional 60,073 shares during the last quarter. Jennison Associates LLC raised its position in shares of Advanced Disposal Services by 1.2% in the third quarter. Jennison Associates LLC now owns 2,529,995 shares of the company’s stock valued at $63,731,000 after buying an additional 28,767 shares during the last quarter. Tygh Capital Management Inc. acquired a new stake in shares of Advanced Disposal Services in the second quarter valued at about $4,461,000. Nationwide Fund Advisors raised its position in shares of Advanced Disposal Services by 217.7% in the second quarter. Nationwide Fund Advisors now owns 41,647 shares of the company’s stock valued at $947,000 after buying an additional 28,538 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of Advanced Disposal Services by 22.5% in the second quarter. Northern Trust Corp now owns 313,086 shares of the company’s stock valued at $7,116,000 after buying an additional 57,412 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.

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About Advanced Disposal Services

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 and Estimates for Advanced Disposal Services (NYSE:ADSW)

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