Wall Street analysts expect that Advanced Disposal Services Inc (NYSE:ADSW) will post $0.18 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Advanced Disposal Services’ earnings, with the highest EPS estimate coming in at $0.19 and the lowest estimate coming in at $0.15. Advanced Disposal Services posted earnings per share of $0.16 during the same quarter last year, which indicates a positive year-over-year growth rate of 12.5%. The company is expected to issue its next earnings results on Wednesday, November 7th.

On average, analysts expect that Advanced Disposal Services will report full-year earnings of $0.60 per share for the current year, with EPS estimates ranging from $0.56 to $0.65. For the next fiscal year, analysts expect that the firm will post earnings of $0.72 per share, with EPS estimates ranging from $0.69 to $0.79. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Advanced Disposal Services.

Advanced Disposal Services (NYSE:ADSW) last posted its quarterly earnings data on Wednesday, August 1st. The company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19. Advanced Disposal Services had a net margin of 3.72% and a return on equity of 5.68%. The firm had revenue of $398.10 million during the quarter, compared to analyst estimates of $390.72 million. During the same quarter last year, the business posted $0.16 EPS. The company’s revenue was up 3.9% on a year-over-year basis.

Separately, Zacks Investment Research raised shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Wednesday, July 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $27.25.

Large investors have recently modified their holdings of the business. MetLife Investment Advisors LLC lifted its stake in shares of Advanced Disposal Services by 11.6% in the 1st quarter. MetLife Investment Advisors LLC now owns 22,985 shares of the company’s stock valued at $512,000 after purchasing an additional 2,383 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Advanced Disposal Services by 0.4% in the 1st quarter. Victory Capital Management Inc. now owns 797,653 shares of the company’s stock valued at $17,772,000 after purchasing an additional 2,820 shares during the last quarter. American International Group Inc. lifted its stake in shares of Advanced Disposal Services by 9.7% in the 1st quarter. American International Group Inc. now owns 32,316 shares of the company’s stock valued at $720,000 after purchasing an additional 2,857 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of Advanced Disposal Services in the 2nd quarter valued at $100,000. Finally, OppenheimerFunds Inc. lifted its stake in shares of Advanced Disposal Services by 0.6% in the 1st quarter. OppenheimerFunds Inc. now owns 756,159 shares of the company’s stock valued at $16,847,000 after purchasing an additional 4,280 shares during the last quarter. 96.60% of the stock is owned by institutional investors.

Advanced Disposal Services stock traded down $0.16 during midday trading on Monday, reaching $27.09. The stock had a trading volume of 416,700 shares, compared to its average volume of 496,077. Advanced Disposal Services has a twelve month low of $21.50 and a twelve month high of $27.93. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.69 and a current ratio of 0.69. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of 57.85, a P/E/G ratio of 3.02 and a beta of 0.62.

About Advanced Disposal Services

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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Earnings History and Estimates for Advanced Disposal Services (NYSE:ADSW)

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