Analysts Anticipate Advanced Disposal Services Inc (NYSE:ADSW) to Announce $0.15 Earnings Per Share

Analysts expect Advanced Disposal Services Inc (NYSE:ADSW) to announce earnings of $0.15 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Advanced Disposal Services’ earnings, with the highest EPS estimate coming in at $0.19 and the lowest estimate coming in at $0.13. Advanced Disposal Services posted earnings per share of $0.17 in the same quarter last year, which indicates a negative year over year growth rate of 11.8%. The company is expected to announce its next earnings results on Wednesday, October 30th.

On average, analysts expect that Advanced Disposal Services will report full year earnings of $0.44 per share for the current year, with EPS estimates ranging from $0.33 to $0.61. For the next financial year, analysts forecast that the business will post earnings of $0.59 per share, with EPS estimates ranging from $0.46 to $0.69. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Advanced Disposal Services.

Advanced Disposal Services (NYSE:ADSW) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.08). Advanced Disposal Services had a positive return on equity of 4.08% and a negative net margin of 0.59%. The company had revenue of $419.10 million during the quarter, compared to analyst estimates of $413.26 million. During the same quarter in the previous year, the business posted $0.19 earnings per share. The company’s revenue for the quarter was up 5.3% compared to the same quarter last year.



A number of research firms recently weighed in on ADSW. Stifel Nicolaus lowered shares of Advanced Disposal Services from a “buy” rating to a “hold” rating in a research report on Wednesday, July 31st. Credit Suisse Group lowered shares of Advanced Disposal Services from an “outperform” rating to a “neutral” rating and raised their price target for the company from $29.00 to $33.00 in a research report on Friday, May 17th. ValuEngine raised shares of Advanced Disposal Services from a “hold” rating to a “buy” rating in a research report on Monday, April 29th. Zacks Investment Research lowered shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. Finally, UBS Group lowered shares of Advanced Disposal Services from a “buy” rating to a “neutral” rating and set a $33.00 price target on the stock. in a research report on Wednesday, May 1st. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company’s stock. Advanced Disposal Services currently has a consensus rating of “Hold” and a consensus target price of $30.25.

A number of hedge funds have recently made changes to their positions in the business. Tower Research Capital LLC TRC bought a new stake in Advanced Disposal Services during the 2nd quarter valued at $36,000. Public Employees Retirement System of Ohio raised its holdings in Advanced Disposal Services by 43.1% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,157 shares of the company’s stock valued at $52,000 after buying an additional 650 shares during the last quarter. Quadrant Capital Group LLC bought a new stake in Advanced Disposal Services during the 1st quarter valued at $73,000. Advisors Asset Management Inc. raised its holdings in Advanced Disposal Services by 25.1% during the 1st quarter. Advisors Asset Management Inc. now owns 3,050 shares of the company’s stock valued at $85,000 after buying an additional 611 shares during the last quarter. Finally, Strs Ohio bought a new stake in Advanced Disposal Services during the 2nd quarter valued at $105,000. 97.99% of the stock is currently owned by institutional investors and hedge funds.

Shares of Advanced Disposal Services stock traded up $0.01 during trading hours on Friday, reaching $32.50. The company’s stock had a trading volume of 251,529 shares, compared to its average volume of 869,811. Advanced Disposal Services has a one year low of $22.05 and a one year high of $33.01. The company has a market capitalization of $2.89 billion, a P/E ratio of 56.03, a P/E/G ratio of 6.94 and a beta of 0.66. The stock’s fifty day simple moving average is $32.33 and its two-hundred day simple moving average is $30.25. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.62 and a current ratio of 0.62.

Advanced Disposal Services Company Profile

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

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