Equities research analysts expect Advanced Disposal Services Inc (NYSE:ADSW) to announce $386.93 million in sales for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Advanced Disposal Services’ earnings, with estimates ranging from $385.60 million to $388.30 million. Advanced Disposal Services reported sales of $384.40 million in the same quarter last year, which would suggest a positive year over year growth rate of 0.7%. The firm is scheduled to announce its next quarterly earnings results after the market closes on Thursday, February 21st.

According to Zacks, analysts expect that Advanced Disposal Services will report full-year sales of $1.55 billion for the current financial year. For the next fiscal year, analysts forecast that the business will post sales of $1.61 billion, with estimates ranging from $1.61 billion to $1.63 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow Advanced Disposal Services.

Advanced Disposal Services (NYSE:ADSW) last announced its quarterly earnings data on Wednesday, October 31st. The company reported $0.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.01). The firm had revenue of $400.60 million for the quarter, compared to the consensus estimate of $396.26 million. Advanced Disposal Services had a return on equity of 5.71% and a net margin of 3.16%. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 earnings per share.

A number of analysts have recently commented on ADSW shares. Credit Suisse Group upped their price target on Advanced Disposal Services from $26.00 to $29.00 and gave the company an “outperform” rating in a research note on Thursday, November 8th. Morgan Stanley started coverage on Advanced Disposal Services in a research note on Friday, October 12th. They issued a “weight” rating and a $27.00 price target for the company. ValuEngine raised Advanced Disposal Services from a “hold” rating to a “buy” rating in a research note on Wednesday, October 31st. Bank of America cut Advanced Disposal Services from a “buy” rating to a “neutral” rating and set a $27.00 price target for the company. in a research note on Wednesday, October 24th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research note on Monday, January 7th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $27.67.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of Montreal Can boosted its position in Advanced Disposal Services by 1,904.3% during the 4th quarter. Bank of Montreal Can now owns 147,600 shares of the company’s stock worth $3,534,000 after acquiring an additional 140,236 shares during the last quarter. Meeder Asset Management Inc. acquired a new position in Advanced Disposal Services during the 4th quarter worth approximately $26,000. Teachers Advisors LLC boosted its position in Advanced Disposal Services by 1.2% during the 3rd quarter. Teachers Advisors LLC now owns 146,830 shares of the company’s stock worth $3,976,000 after acquiring an additional 1,737 shares during the last quarter. Vanguard Group Inc boosted its position in Advanced Disposal Services by 4.2% during the 3rd quarter. Vanguard Group Inc now owns 5,894,669 shares of the company’s stock worth $159,628,000 after acquiring an additional 240,096 shares during the last quarter. Finally, Federated Investors Inc. PA acquired a new position in Advanced Disposal Services during the 3rd quarter worth approximately $11,456,000. 97.17% of the stock is owned by institutional investors and hedge funds.

NYSE:ADSW traded down $0.20 on Friday, hitting $24.35. 257,040 shares of the stock were exchanged, compared to its average volume of 354,616. The stock has a market capitalization of $2.21 billion, a P/E ratio of 51.81, a P/E/G ratio of 2.86 and a beta of 0.72. Advanced Disposal Services has a 52 week low of $21.50 and a 52 week high of $27.93. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 2.02.

Advanced Disposal Services 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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