News coverage about Advanced Emissions Solutions (NASDAQ:ADES) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Advanced Emissions Solutions earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 45.5744472272749 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Advanced Emissions Solutions (NASDAQ:ADES) traded down $0.19 during trading on Thursday, hitting $8.29. 131,600 shares of the company traded hands, compared to its average volume of 131,645. The company has a market cap of $178.84, a price-to-earnings ratio of 1.91 and a beta of 2.65. Advanced Emissions Solutions has a 52 week low of $7.65 and a 52 week high of $12.25.
Advanced Emissions Solutions (NASDAQ:ADES) last issued its quarterly earnings results on Monday, November 6th. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.71 by ($0.43). The business had revenue of $2.29 million during the quarter, compared to the consensus estimate of $8.30 million. Advanced Emissions Solutions had a return on equity of 45.61% and a net margin of 249.58%. analysts predict that Advanced Emissions Solutions will post 1.29 EPS for the current fiscal year.
Advanced Emissions Solutions announced that its board has authorized a share repurchase plan on Monday, December 4th that permits the company to buyback $10.00 million in shares. This buyback authorization permits the industrial products company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.
Several research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Advanced Emissions Solutions from a “hold” rating to a “strong sell” rating in a research note on Friday, November 10th. ValuEngine upgraded shares of Advanced Emissions Solutions from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th. Canaccord Genuity reiterated a “buy” rating and issued a $20.00 price target on shares of Advanced Emissions Solutions in a research note on Thursday, September 28th. Finally, HC Wainwright reiterated a “buy” rating and issued a $18.00 price target on shares of Advanced Emissions Solutions in a research note on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $17.00.
In other Advanced Emissions Solutions news, Director Alan Bradley Gabbard sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $8.17, for a total transaction of $81,700.00. Following the completion of the sale, the director now directly owns 34,480 shares in the company, valued at approximately $281,701.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Fundamental Advisers Sp L. Alta acquired 262,266 shares of Advanced Emissions Solutions stock in a transaction on Thursday, December 14th. The shares were purchased at an average price of $9.89 per share, with a total value of $2,593,810.74. The disclosure for this purchase can be found here. 8.49% of the stock is currently owned by company insiders.
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Advanced Emissions Solutions Company Profile
ADA-ES, Inc (ADA) develops, offers, and implements environmental technologies and provides equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations by enhancing existing air pollution control equipment. ADA’s wholly owned subsidiaries include Advanced Emissions Solutions, Inc, ADA Intellectual Property, LLC and ADA Environmental Solutions, LLC.
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