Does Advanced Disposal Services Inc. (NYSE:ADSW) have more gas?


Here is a look at the scorecard of Advanced Disposal Services Inc. (NYSE:ADSW) for the most recent quarter as well as analyst estimates for the coming periods.

The company generated sales of 352M%, implying an increase of 0.01% compared to a similar quarter a year earlier.

To achieve the reported sales of 352M% for the quarter, the company incurred $270.4M in cost of goods. Therefore, after taking into account the cost of sales, Advanced Disposal Services Inc. emerged with a gross income of $81.6M.

Recently, Advanced Disposal Services, Inc. (NYSE:ADSW) announced today the pricing of its upsized secondary public offering of 15,500,000 shares of its common stock by certain of its stockholders (the “Selling Stockholders”) at a price to the public of $21.50 per share. In addition, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 2,325,000 shares of common stock. The offering is expected to close on May 23, 2017, subject to customary closing conditions. The Company is not selling any stock in this transaction and will not receive any proceeds from the sale of the shares by the Selling Stockholders.

Let?s look into the technical of the stock

The Barchart Technical Opinion rating is a 56% Sell with a Weakest short term outlook on maintaining the current direction. Longer term, the trend strength is Average. Long term indicators mostly agree with the trend.

Advanced Disposal Services Inc. also incurred other expenses in the course of operation. So after taking those into account as well, it exited the quarter with EPS of $(0.24). The company had 84.26M diluted outstanding shares at the end of the quarter.

For the next quarter, analysts on the average are modeling EPS of $0.11.

Advanced Disposal Services Inc.’s cash balance at the end of the most recent quarter was 1.2M%. The company generated free cash flow of $(1.5M) during the quarter, with net operating cash flow being $45.3M. Net change in cash was $700,000.

That said, Advanced Disposal Services Inc. finished the quarter with debt of 36.5M%. The debt increased/fell by falling from the past period.

What is Wall Street thinking about Advanced Disposal Services Inc.? So far 10 analysts have weighed on the stock, and from that it has average analyst recommendation of Buy and average price target of $25.60. To put the analyst recommendation into perspective, recommendation in the range of 1.00 – 1.24 implies a BUY recommendation, while 1.25 – 1.74 implies OVERWEIGHT. HOLD recommendation is represented by 1.75 – 2.24, UNDERWEIGHT is represented by 2.25 – 2.74 while SELL is represented by 2.75 – 3.00.

Does Advanced Disposal Services Inc. have a healthy balance sheet? A look at the company’s balance sheet at the end of the most recent quarter shows that it reflects total assets of $3.59B, offset by total liabilities of $2.76B.

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