Advanced Disposal Services Inc. (NYSE: ADSW): The Best-Of-Breed For Investing?


The Vanguard Group, Inc. recently announced the acquisition of new stake in Advanced Disposal Services Inc. (NYSE:ADSW). The institutional investor has increased its shareholding in the Industrials company by 2.64% to 6.65 million shares with purchase of 0.17 million shares. This fresh investment now brings its stake to 7.38% valued currently at $200.73 million. In addition, Goldman Sachs & Co. LLC (Private. raised its holdings by 0.18 million to 6.57 million shares. And Renaissance Technologies LLC has lifted its position by 387.30% or 4.02 million shares – to 5.05 million shares.

With over 0.52 million Advanced Disposal Services Inc. (ADSW) shares trading Tuesday and a closing price of $30.17 on the day, the dollar volume was approximately $15.54 million. The shares have shown a positive weekly performance of 0.03% and its price on 07/28/20 lost nearly -0.10%. Currently, there are 90.06M common shares owned by the public and among those 89.72M shares have been available to trade.

An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 5 analysts who have offered their price forecasts for ADSW have a consensus price objective of $30.15. The analysts have set the share’s price value over the next 12 months at a high of $30.30 and a low of $30.00 should the stock experience a downside. Incidentally, analysts’ outlook for the Advanced Disposal Services Inc. stock is 3.00 for the next 12 months. The average price target is -0.07% below its last price level and a downside to the estimated low will see the stock lose -0.57% over that period. But an upside of 0.43% will see the stock hit the forecast high price target while mean target price for the stock is $30.15.

Insiders at the company have transacted a total of 22 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 6 of these insider trades were purchases, accounting for 204,107 shares. Insider sales of the common stock occurred on 16 occasions, with total insider shares sold totaling 288,805 shares.

The top 3 mutual fund holders in Advanced Disposal Services Inc. are Canada Pension Plan, BlackRock Event Driven Equity Fun, and Government Pension Fund – Global. Canada Pension Plan owns 16.57 million shares of the company’s stock, all valued at over $499.98 million. Government Pension Fund – Global bought 0.12 million shares to bring its total holdings to over 3.01 million shares at a value of $90.84 million. Government Pension Fund – Global now owns shares totaling to 3.34% of the shares outstanding.

Shares of Advanced Disposal Services Inc. (NYSE: ADSW) opened at $30.19, down -$0.01 from a prior closing price of $30.20. However, the script later closed the day at $30.17, down -0.10%. The company’s stock has a 5-day price change of 0.03% and -6.77% over the past three months. ADSW shares are trading -8.21% year to date (YTD), with the 12-month market performance down to -7.11% lower. It has a 12-month low price of $28.55 and touched a high of $33.15 over the same period. Currently, 0.52 million shares have been traded, compared to an average intraday trading volume of 1.52 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.05%, -2.58%, and -6.55% respectively.

Institutional ownership of Advanced Disposal Services Inc. (NYSE: ADSW) 90.06M shares outstanding. Mutual fund holders own 51.30%, while other institutional holders and individual stakeholders account for 57.37% and 25.14% respectively.

It has a market capitalization of $2.72B and a beta (3y monthly) value of 0.29. The earnings-per-share (ttm) stands at -$0.08. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.16% over the week and 0.18% over the month.

Analysts forecast that Advanced Disposal Services Inc. (ADSW) will achieve an EPS of $0 for the current quarter, $0.08 for the next quarter and $0.37 for 2021. The lowest estimate earnings-per-share for the quarter is -$0.04 while analysts give the company a high EPS estimate of $0.07. Comparatively, EPS for the current quarter was $0.1 a year ago. Earnings per share for the fiscal year are expected to decrease by -170.50%, and 163.38% over the next financial year. EPS should grow at an annualized rate of 19.72% over the next five years, compared to 18.60% over the past 5-year period.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 5 brokerage firm advisors rate Advanced Disposal Services Inc. (ADSW) as a “Hold” at a consensus score of 3.00. Specifically, 0 Wall Street analysts polled rate the stock as a buy, while 5 of the 5 advise that investors “hold,” and 0 rated it as a “Sell.”

Looking at the support for the ADSW, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on May 02, 2019, with the firm’s price target at $33. Stifel coverage for the Advanced Disposal Services Inc. (ADSW) stock in a research note released on April 11, 2019 offered a Hold rating with a price target of $30. BofA/Merrill was of a view on February 19, 2019 that the stock is Underperform, while KeyBanc Capital Mkts gave the stock Sector Weight rating on February 05, 2019, issuing a price target of. BofA/Merrill on their part issued Neutral rating on October 24, 2018.


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