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Advanced Emissions Solutions (ADES) Gains But Lags Market: What You Should Know

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Advanced Emissions Solutions (ADES - Free Report) closed the most recent trading day at $12.64, moving +0.64% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.95%. Meanwhile, the Dow gained 0.94%, and the Nasdaq, a tech-heavy index, added 0.8%.

Coming into today, shares of the clean-coal technology company had gained 9.31% in the past month. In that same time, the Industrial Products sector gained 3.01%, while the S&P 500 gained 2.47%.

Investors will be hoping for strength from ADES as it approaches its next earnings release. In that report, analysts expect ADES to post earnings of $0.74 per share. This would mark a year-over-year decline of 1.33%. Our most recent consensus estimate is calling for quarterly revenue of $21.26 million, up 397.89% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $3.39 per share and revenue of $95.14 million, which would represent changes of +92.61% and +297.33%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for ADES. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ADES currently has a Zacks Rank of #4 (Sell).

Investors should also note ADES's current valuation metrics, including its Forward P/E ratio of 3.7. This represents a discount compared to its industry's average Forward P/E of 24.25.

The Pollution Control industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 163, which puts it in the bottom 37% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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