Advanced Disposal Services (ADSW) Earns News Impact Rating of 0.24

Media stories about Advanced Disposal Services (NYSE:ADSW) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Advanced Disposal Services earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.8391102948346 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s analysis:

Get Advanced Disposal Services alerts: Moving Average Crossover Alert: Advanced Disposal Services (ADSW) (zacks.com) Head to Head Survey: Advanced Disposal Services (ADSW) vs. Waste Management (WM) (americanbankingnews.com) Advanced Disposal Services Inc (ADSW) Expected to Announce Quarterly Sales of $389.19 Million (americanbankingnews.com) Advanced Disposal Sets Date for Second Quarter 2018 Earnings Call (finance.yahoo.com) Advanced Disposal Services Inc (ADSW) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)

Advanced Disposal Services traded down $0.09, hitting $24.91, during trading on Friday, according to MarketBeat.com. 297,339 shares of the company’s stock traded hands, compared to its average volume of 557,318. The company has a market cap of $2.21 billion, a PE ratio of 53.00, a price-to-earnings-growth ratio of 2.55 and a beta of 0.58. Advanced Disposal Services has a 12-month low of $21.50 and a 12-month high of $25.71. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.10.

Advanced Disposal Services (NYSE:ADSW) last released its quarterly earnings data on Wednesday, May 2nd. The company reported $0.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.06. The business had revenue of $364.70 million for the quarter, compared to the consensus estimate of $361.88 million. Advanced Disposal Services had a net margin of 3.11% and a return on equity of 5.40%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.04 earnings per share. equities research analysts anticipate that Advanced Disposal Services will post 0.63 EPS for the current year.

ADSW has been the topic of several recent research reports. Zacks Investment Research raised shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Wednesday. ValuEngine raised shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a report on Thursday, May 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $26.83.

In other news, major shareholder Highstar Capital Lp sold 21,987,453 shares of the company’s stock in a transaction dated Thursday, May 10th. The stock was sold at an average price of $22.43, for a total transaction of $493,178,570.79. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Steven R. Carn sold 15,427 shares of the company’s stock in a transaction dated Tuesday, May 1st. The shares were sold at an average price of $21.95, for a total value of $338,622.65. Following the sale, the insider now owns 130,482 shares in the company, valued at $2,864,079.90. The disclosure for this sale can be found here. 0.94% of the stock is owned by corporate insiders.

Advanced Disposal Services Company Profile

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