Shares of Advanced Disposal Services Inc (NASDAQ:ADSW) have earned an average rating of “Buy” from the fourteen brokerages that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $25.11.

A number of equities research analysts have recently issued reports on the company. BidaskClub upgraded Advanced Disposal Services from a “sell” rating to a “hold” rating in a report on Wednesday. Zacks Investment Research cut Advanced Disposal Services from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Deutsche Bank AG boosted their price objective on Advanced Disposal Services from $25.00 to $26.00 and gave the stock a “buy” rating in a report on Monday, August 7th. Barclays PLC cut Advanced Disposal Services from an “overweight” rating to an “equal weight” rating and set a $26.00 price objective for the company. in a report on Monday, August 7th. Finally, Stifel Nicolaus restated a “buy” rating and set a $26.00 price objective on shares of Advanced Disposal Services in a report on Friday, July 28th.

In other news, insider Steven R. Carn sold 18,666 shares of Advanced Disposal Services stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $24.26, for a total value of $452,837.16. Following the completion of the sale, the insider now directly owns 232,401 shares in the company, valued at $5,638,048.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last quarter, insiders sold 55,998 shares of company stock valued at $1,323,046.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Advanced Disposal Services by 82.3% in the second quarter. Vanguard Group Inc. now owns 3,048,467 shares of the company’s stock valued at $69,291,000 after buying an additional 1,376,582 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of Advanced Disposal Services by 83.8% in the second quarter. Alliancebernstein L.P. now owns 2,700,487 shares of the company’s stock valued at $61,382,000 after buying an additional 1,231,117 shares in the last quarter. Jennison Associates LLC raised its position in shares of Advanced Disposal Services by 45.3% in the second quarter. Jennison Associates LLC now owns 2,501,228 shares of the company’s stock valued at $56,853,000 after buying an additional 779,413 shares in the last quarter. Fairview Capital Investment Management LLC raised its position in shares of Advanced Disposal Services by 20.4% in the second quarter. Fairview Capital Investment Management LLC now owns 2,064,100 shares of the company’s stock valued at $46,917,000 after buying an additional 350,000 shares in the last quarter. Finally, FMR LLC raised its position in shares of Advanced Disposal Services by 33.1% in the second quarter. FMR LLC now owns 1,949,624 shares of the company’s stock valued at $44,315,000 after buying an additional 485,048 shares in the last quarter.

Advanced Disposal Services (NASDAQ:ADSW) traded up 0.28% during mid-day trading on Friday, hitting $25.19. The company had a trading volume of 146,009 shares. The company’s 50 day moving average price is $24.62 and its 200-day moving average price is $24.62. The company’s market cap is $2.23 billion. Advanced Disposal Services has a one year low of $18.32 and a one year high of $25.30.

Advanced Disposal Services (NASDAQ:ADSW) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. Advanced Disposal Services had a negative return on equity of 0.10% and a negative net margin of 0.05%. The business had revenue of $383.10 million during the quarter, compared to analysts’ expectations of $372.78 million. During the same quarter last year, the company posted $0.10 earnings per share. Advanced Disposal Services’s quarterly revenue was up 7.0% on a year-over-year basis. Equities research analysts anticipate that Advanced Disposal Services will post $0.54 EPS for the current fiscal year.

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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.

Analyst Recommendations for Advanced Disposal Services (NASDAQ:ADSW)

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