Progressive Waste Solutions Ltd (USA) (BIN) was Reiterated by RBC Capital Mkts to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 35 from a previous price target of $33 . RBC Capital Mkts advised their investors in a research report released on Apr 25, 2016.
Many Wall Street Analysts have commented on Progressive Waste Solutions Ltd (USA). Progressive Waste Solutions Ltd (USA) was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Apr 15, 2016. Progressive Waste Solutions Ltd (USA) was Upgraded by Credit Suisse to ” Neutral” on Feb 25, 2016.
On the company’s financial health, Progressive Waste Solutions Ltd (USA) reported $0.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Feb 24, 2016. Analyst had a consensus of $0.31. The company had revenue of $483.89 million for the quarter, compared to analysts expectations of $482.55 million. The company’s revenue was down -4.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
Progressive Waste Solutions Ltd (USA) opened for trading at $30.76 and hit $31.05 on the upside on Friday, eventually ending the session at $31.01, with a gain of 0.88% or 0.27 points. The heightened volatility saw the trading volume jump to 5,22,059 shares. Company has a market cap of $3,389 M.
Progressive Waste Solutions Ltd. is a waste management company. The Company provides non-hazardous solid waste collection recycling and disposal services to commercial industrial municipal and residential customers in approximately 13 United States and the District of Columbia and six Canadian provinces. The Company conducts its business through three geographic regions: the East West and North regions. The Companys East region includes Florida New York New Jersey Pennsylvania Maryland Virginia and the District of Columbia. The West region includes Texas Louisiana Oklahoma Arkansas Mississippi Missouri and Illinois. The North region includes the Canadian provinces of British Columbia Alberta Manitoba Saskatchewan Ontario and Quebec.