Advanced Disposal Services (NYSE:ADSW) announced its quarterly earnings results on Thursday. The company reported $0.19 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.21, MarketWatch Earnings reports. Advanced Disposal Services had a return on equity of 4.93% and a net margin of 0.02%. The firm had revenue of $380.30 million for the quarter, compared to analysts’ expectations of $374.99 million.
ADSW stock opened at $30.16 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.93. The company’s 50 day moving average is $30.48 and its 200 day moving average is $32.01. The stock has a market cap of $2.72 billion, a price-to-earnings ratio of 60.32, a price-to-earnings-growth ratio of 23.92 and a beta of 0.30. Advanced Disposal Services has a 1-year low of $28.55 and a 1-year high of $33.15.
ADSW has been the topic of several analyst reports. TheStreet cut Advanced Disposal Services from a “c-” rating to a “d+” rating in a research report on Monday, June 15th. Zacks Investment Research cut Advanced Disposal Services from a “buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Finally, Morgan Stanley decreased their price target on Advanced Disposal Services from $33.00 to $30.30 and set an “equal weight” rating on the stock in a research report on Thursday, June 25th.
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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