Advanced Disposal Services Inc (ADSW) Receives Average Recommendation of “Buy” from Brok

Advanced Disposal Services Inc (NYSE:ADSW) has earned a consensus rating of “Buy” from the ten research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $27.67.

ADSW has been the subject of a number of analyst reports. Bank of America downgraded Advanced Disposal Services from a “buy” rating to a “neutral” rating and set a $27.00 price target for the company. in a research note on Wednesday, October 24th. They noted that the move was a valuation call. ValuEngine upgraded Advanced Disposal Services from a “hold” rating to a “buy” rating in a research note on Wednesday, October 31st. Oppenheimer reiterated a “buy” rating on shares of Advanced Disposal Services in a research note on Wednesday, October 31st. Zacks Investment Research downgraded Advanced Disposal Services from a “hold” rating to a “sell” rating in a research note on Thursday, November 1st. Finally, Morgan Stanley set a $26.00 price target on Advanced Disposal Services and gave the company a “hold” rating in a research note on Friday, November 2nd.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. Amalgamated Bank purchased a new position in shares of Advanced Disposal Services in the 4th quarter worth approximately $251,000. Public Employees Retirement System of Ohio boosted its stake in shares of Advanced Disposal Services by 43.1% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,157 shares of the company’s stock worth $52,000 after buying an additional 650 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Advanced Disposal Services by 9.8% in the 4th quarter. Millennium Management LLC now owns 2,024,809 shares of the company’s stock worth $48,474,000 after buying an additional 181,392 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Advanced Disposal Services by 5.2% in the 4th quarter. Legal & General Group Plc now owns 28,840 shares of the company’s stock worth $690,000 after buying an additional 1,422 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY boosted its stake in shares of Advanced Disposal Services by 356.6% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 23,512 shares of the company’s stock worth $563,000 after buying an additional 18,363 shares during the last quarter. Hedge funds and other institutional investors own 98.48% of the company’s stock.

ADSW stock traded up $0.57 during mid-day trading on Wednesday, reaching $27.57. 611,100 shares of the company traded hands, compared to its average volume of 373,053. The company has a market capitalization of $2.39 billion, a P/E ratio of 58.66, a price-to-earnings-growth ratio of 3.09 and a beta of 0.71. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.71 and a current ratio of 0.71. Advanced Disposal Services has a fifty-two week low of $21.50 and a fifty-two week high of $27.93.

About Advanced Disposal Services

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.

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Analyst Recommendations for Advanced Disposal Services (NYSE:ADSW)

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