Advanced Disposal Services Inc (NYSE:ADSW) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $33.01 and last traded at $33.01, with a volume of 22895 shares changing hands. The stock had previously closed at $32.96.

ADSW has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Thursday, October 31st. ValuEngine downgraded shares of Advanced Disposal Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $32.17.

The stock’s fifty day moving average price is $32.89 and its two-hundred day moving average price is $32.67. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.61 and a current ratio of 0.61. The company has a market cap of $2.95 billion, a P/E ratio of -3,298.00, a P/E/G ratio of 5.99 and a beta of 0.63.

Advanced Disposal Services (NYSE:ADSW) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.05. Advanced Disposal Services had a negative net margin of 0.06% and a positive return on equity of 4.26%. The company had revenue of $419.50 million during the quarter, compared to the consensus estimate of $419.81 million. During the same quarter in the prior year, the firm posted $0.17 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. On average, equities research analysts forecast that Advanced Disposal Services Inc will post 0.44 EPS for the current year.

In other news, VP Michael K. Slattery sold 126,904 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $32.87, for a total transaction of $4,171,334.48. Following the completion of the sale, the vice president now owns 190,317 shares of the company’s stock, valued at approximately $6,255,719.79. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC acquired a new position in Advanced Disposal Services during the 2nd quarter worth approximately $36,000. Russell Investments Group Ltd. acquired a new position in Advanced Disposal Services in the 3rd quarter valued at approximately $100,000. Marshall Wace LLP acquired a new position in Advanced Disposal Services in the 2nd quarter valued at approximately $296,000. Cubist Systematic Strategies LLC acquired a new position in Advanced Disposal Services in the 2nd quarter valued at approximately $365,000. Finally, Bluefin Trading LLC acquired a new position in Advanced Disposal Services in the 3rd quarter valued at approximately $1,013,000.

About Advanced Disposal Services (NYSE:ADSW)

Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. The company is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. It 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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