Advanced Disposal Services (NASDAQ:ADSW) Receiving Somewhat Positive Media Coverage, Study Finds
Media coverage about Advanced Disposal Services (NASDAQ:ADSW) has been trending somewhat positive on Saturday, Accern reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Advanced Disposal Services earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.6645756455154 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Advanced Disposal Services Inc (ADSW) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- IHS Markit Score upgrades Advanced Disposal Services Inc to 81 out of 100, ranking positively in two out of four IHS Markit categories. (finance.yahoo.com)
- First Analysis Comments on Advanced Disposal Services Inc’s FY2017 Earnings (ADSW) (americanbankingnews.com)
- Tanuja M. Dehne Purchases 1,000 Shares of Advanced Disposal Services Inc (NASDAQ:ADSW) Stock (americanbankingnews.com)
- Zacks Investment Research Lowers Advanced Disposal Services Inc (ADSW) to Sell (americanbankingnews.com)
A number of equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a research report on Tuesday. Deutsche Bank AG increased their target price on shares of Advanced Disposal Services from $25.00 to $26.00 and gave the stock a “buy” rating in a research report on Monday, August 7th. Barclays PLC downgraded shares of Advanced Disposal Services from an “overweight” rating to an “equal weight” rating and set a $26.00 target price for the company. in a research report on Monday, August 7th. Finally, Stifel Nicolaus restated a “buy” rating and set a $26.00 price target on shares of Advanced Disposal Services in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $25.27.
Shares of Advanced Disposal Services (ADSW) traded down 0.22% on Friday, hitting $22.95. 326,249 shares of the stock traded hands. Advanced Disposal Services has a 52 week low of $18.32 and a 52 week high of $24.82. The firm’s 50 day moving average is $23.28 and its 200 day moving average is $22.94. The firm’s market capitalization is $2.03 billion.
Advanced Disposal Services (NASDAQ:ADSW) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.04. Advanced Disposal Services had a negative net margin of 0.05% and a negative return on equity of 0.10%. The firm had revenue of $383.10 million for the quarter, compared to analyst estimates of $372.78 million. During the same period in the prior year, the firm posted $0.10 earnings per share. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, analysts expect that Advanced Disposal Services will post $0.57 EPS for the current fiscal year.
In other Advanced Disposal Services news, insider Steven R. Carn sold 45,000 shares of the company’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $23.37, for a total transaction of $1,051,650.00. Following the sale, the insider now directly owns 324,733 shares of the company’s stock, valued at $7,589,010.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Steven R. Carn sold 55,000 shares of the company’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $21.87, for a total transaction of $1,202,850.00. Following the sale, the insider now directly owns 369,733 shares in the company, valued at $8,086,060.71. The disclosure for this sale can be found here. Insiders have sold 192,332 shares of company stock worth $4,400,465 over the last ninety days.
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.
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