Advanced Disposal Services Inc (NASDAQ:ADSW) was downgraded by stock analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Monday. They presently have a $26.00 price objective on the stock. Barclays PLC’s target price would suggest a potential upside of 8.33% from the company’s current price.

ADSW has been the topic of a number of other research reports. CIBC reaffirmed a “buy” rating on shares of Advanced Disposal Services in a report on Friday, May 5th. Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of Advanced Disposal Services in a research note on Thursday, May 4th. Zacks Investment Research lowered shares of Advanced Disposal Services from a “buy” rating to a “hold” rating in a research report on Monday, June 26th. Finally, ValuEngine upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research report on Friday, May 19th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $25.00.

Shares of Advanced Disposal Services (ADSW) opened at 24.00 on Monday. Advanced Disposal Services has a 12-month low of $18.32 and a 12-month high of $24.44. The stock has a 50 day moving average price of $23.26 and a 200 day moving average price of $22.87. The stock’s market capitalization is $2.12 billion.

Advanced Disposal Services (NASDAQ:ADSW) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.16 EPS for the quarter, topping the 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 business had revenue of $383.10 million for the quarter, compared to analysts’ expectations of $372.78 million. During the same quarter last year, the company posted $0.10 earnings per share. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, equities analysts anticipate that Advanced Disposal Services will post $0.53 earnings per share for the current fiscal year.

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In other news, CFO Steven R. Carn sold 18,666 shares of the company’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $22.73, for a total transaction of $424,278.18. Following the transaction, the chief financial officer now directly owns 251,067 shares in the company, valued at $5,706,752.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven R. Carn sold 55,000 shares of the company’s stock in a transaction that occurred 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 transaction, the insider now 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 quarter.

Institutional investors have recently made changes to their positions in the company. Legal & General Group Plc raised its position in shares of Advanced Disposal Services by 14.1% in the second quarter. Legal & General Group Plc now owns 6,426 shares of the company’s stock worth $146,000 after buying an additional 795 shares during the last quarter. Nationwide Fund Advisors raised its position in shares of Advanced Disposal Services by 15.9% in the first quarter. Nationwide Fund Advisors now owns 13,109 shares of the company’s stock worth $296,000 after buying an additional 1,795 shares during the last quarter. Teacher Retirement System of Texas raised its position in shares of Advanced Disposal Services by 24.7% in the second quarter. Teacher Retirement System of Texas now owns 12,469 shares of the company’s stock worth $283,000 after buying an additional 2,469 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Advanced Disposal Services by 5.6% in the first quarter. Schwab Charles Investment Management Inc. now owns 74,598 shares of the company’s stock worth $1,686,000 after buying an additional 3,933 shares during the last quarter. Finally, OppenheimerFunds Inc. raised its position in shares of Advanced Disposal Services by 0.8% in the first quarter. OppenheimerFunds Inc. now owns 595,797 shares of the company’s stock worth $13,465,000 after buying an additional 4,868 shares during the last quarter.

Advanced Disposal Services Company Profile

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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