Equities analysts predict that Advanced Disposal Services Inc (NYSE:ADSW) will report $374.20 million in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Advanced Disposal Services’ earnings, with the highest sales estimate coming in at $379.78 million and the lowest estimate coming in at $371.00 million. Advanced Disposal Services posted sales of $352.00 million during the same quarter last year, which suggests a positive year over year growth rate of 6.3%. The business is expected to report its next quarterly earnings results on Thursday, February 22nd.

According to Zacks, analysts expect that Advanced Disposal Services will report full-year sales of $374.20 million for the current fiscal year, with estimates ranging from $1.49 billion to $1.50 billion. For the next year, analysts expect that the firm will post sales of $1.57 billion per share, with estimates ranging from $1.56 billion to $1.57 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover Advanced Disposal Services.

Advanced Disposal Services (NYSE:ADSW) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Advanced Disposal Services had a positive return on equity of 5.84% and a negative net margin of 1.61%. The firm had revenue of $392.70 million during the quarter, compared to analysts’ expectations of $383.11 million. During the same quarter in the prior year, the firm earned $0.06 EPS. The firm’s revenue was up 8.9% compared to the same quarter last year.

A number of research analysts recently issued reports on ADSW shares. Zacks Investment Research upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research note on Tuesday, December 5th. KeyCorp started coverage on shares of Advanced Disposal Services in a research note on Thursday, November 30th. They issued a “sector weight” rating for the company. Stifel Nicolaus upgraded shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and lifted their price target for the stock from $26.00 to $28.00 in a research note on Monday, December 11th. BidaskClub upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Finally, Credit Suisse Group decreased their price target on shares of Advanced Disposal Services from $28.00 to $27.00 and set an “outperform” rating for the company in a research note on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $26.38.

Shares of Advanced Disposal Services (NYSE ADSW) traded down $0.04 during trading on Friday, reaching $23.99. 234,026 shares of the company were exchanged, compared to its average volume of 435,524. Advanced Disposal Services has a one year low of $20.94 and a one year high of $25.71. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.25. The stock has a market capitalization of $2,120.00 and a P/E ratio of -85.68.

In other news, insider Steven R. Carn sold 18,666 shares of Advanced Disposal Services stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $24.60, for a total value of $459,183.60. Following the transaction, the insider now directly owns 176,403 shares of the company’s stock, valued at approximately $4,339,513.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Highstar Capital Lp sold 19,998,544 shares of Advanced Disposal Services stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $21.77, for a total transaction of $435,368,302.88. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,054,542 shares of company stock worth $436,697,322. 1.20% of the stock is owned by corporate insiders.

Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of Advanced Disposal Services in the 3rd quarter valued at $119,000. Legal & General Group Plc increased its holdings in shares of Advanced Disposal Services by 14.1% in the 2nd quarter. Legal & General Group Plc now owns 6,426 shares of the company’s stock valued at $146,000 after acquiring an additional 795 shares during the period. Parametric Portfolio Associates LLC acquired a new position in shares of Advanced Disposal Services in the 2nd quarter valued at $220,000. Voya Investment Management LLC acquired a new position in shares of Advanced Disposal Services in the 2nd quarter valued at $238,000. Finally, Convergence Investment Partners LLC acquired a new position in shares of Advanced Disposal Services in the 3rd quarter valued at $349,000. 96.54% of the stock is currently owned by institutional investors and hedge funds.

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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.

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