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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
NYSE:WMS

Advanced Drainage Systems (WMS) Stock Forecast, Price & News

$115.27
+1.08 (+0.95%)
(As of 09/22/2023 ET)
Compare
Today's Range
$113.55
$115.91
50-Day Range
$114.23
$134.16
52-Week Range
$75.02
$136.53
Volume
389,164 shs
Average Volume
589,045 shs
Market Capitalization
$9.07 billion
P/E Ratio
19.12
Dividend Yield
0.49%
Price Target
$147.00

Advanced Drainage Systems MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
27.5% Upside
$147.00 Price Target
Short Interest
Bearish
5.77% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.93
Upright™ Environmental Score
News Sentiment
1.46mentions of Advanced Drainage Systems in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$71.49 M Sold Last Quarter
Proj. Earnings Growth
12.79%
From $5.63 to $6.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.89 out of 5 stars

Construction Sector

6th out of 96 stocks

Plastics Foam Products Industry

1st out of 1 stocks


WMS stock logo

About Advanced Drainage Systems (NYSE:WMS) Stock

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the construction and agriculture marketplaces in the United States, Canada, Mexico, and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems, EZflow synthetic aggregate bundles, mechanical aeration wastewater solutions, septic tanks and accessories, and combined treatment and dispersal systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. The company also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. In addition, it provides Presby environmental enviro-septic and advanced enviro-septic systems, alternative combined treatment and dispersal systems, PVC hubs, rubber sleeves, and stainless-steel bands. The company offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 40 distribution centers. Advanced Drainage Systems, Inc. incorporated in 1966 and is headquartered in Hilliard, Ohio.

WMS Price History

WMS Stock News Headlines

The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Advanced Drainage Systems (WMS) Receives a Buy from Oppenheimer
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Advanced Drainage Systems Joins the UN Global Compact
Stephens Initiates a Buy Rating on Advanced Drainage Systems (WMS)
Analyst Expectations for Advanced Drainage Systems's Future
Advanced Drainage Systems (WMS) Gets a Buy from Oppenheimer
Advanced Drainage Systems Q1 2024 Earnings Preview
See More Headlines
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WMS Company Calendar

Last Earnings
8/03/2023
Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Today
9/24/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Plastics foam products
Sub-Industry
Casinos & Gaming
CUSIP
92929710
Employees
5,870
Year Founded
1966

Price Target and Rating

Average Stock Price Forecast
$147.00
High Stock Price Forecast
$162.00
Low Stock Price Forecast
$120.00
Forecasted Upside/Downside
+27.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$507.09 million
Pretax Margin
21.87%

Debt

Sales & Book Value

Annual Sales
$3.07 billion
Cash Flow
$8.04 per share
Book Value
$10.36 per share

Miscellaneous

Free Float
75,710,000
Market Cap
$9.07 billion
Optionable
Optionable
Beta
1.39

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Key Executives

  • Mr. Donald Scott Barbour (Age 61)
    CEO, Pres & Director
    Comp: $2.78M
  • Mr. Scott A. Cottrill (Age 57)
    Exec. VP, CFO, Sec. & Treasurer
    Comp: $1.39M
  • Mr. Kevin C. TalleyMr. Kevin C. Talley (Age 51)
    Exec. VP & Chief Admin. Officer
    Comp: $979.8k
  • Mr. Darin S. HarveyMr. Darin S. Harvey (Age 53)
    Exec. VP of Supply Chain
    Comp: $962.79k
  • Mr. Tim A. MakowskiMr. Tim A. Makowski (Age 45)
    Chief Accounting Officer, VP & Controller
  • Mr. Michael Higgins
    VP of Corp. Strategy & Investor Relations
  • Mr. Brian W. KingMr. Brian W. King (Age 54)
    Exec. VP of Product Management & Marketing
  • Mr. Michael G. HuebertMr. Michael G. Huebert (Age 51)
    Exec. VP of Sales
  • Mr. Robert M. Klein (Age 60)
    Exec. VP of Market Management
  • Mr. Thomas J. Waun Sr. (Age 56)
    Exec. VP of International, Product Devel. & Material Sciences













WMS Stock - Frequently Asked Questions

Should I buy or sell Advanced Drainage Systems stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Advanced Drainage Systems in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WMS shares.
View WMS analyst ratings
or view top-rated stocks.

What is Advanced Drainage Systems' stock price forecast for 2023?

8 equities research analysts have issued 12-month price targets for Advanced Drainage Systems' shares. Their WMS share price forecasts range from $120.00 to $162.00. On average, they anticipate the company's stock price to reach $147.00 in the next year. This suggests a possible upside of 27.5% from the stock's current price.
View analysts price targets for WMS
or view top-rated stocks among Wall Street analysts.

How have WMS shares performed in 2023?

Advanced Drainage Systems' stock was trading at $81.97 at the start of the year. Since then, WMS stock has increased by 40.6% and is now trading at $115.27.
View the best growth stocks for 2023 here
.

When is Advanced Drainage Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our WMS earnings forecast
.

How were Advanced Drainage Systems' earnings last quarter?

Advanced Drainage Systems, Inc. (NYSE:WMS) issued its quarterly earnings data on Thursday, August, 3rd. The construction company reported $2.04 EPS for the quarter, beating analysts' consensus estimates of $1.53 by $0.51. The construction company earned $778 million during the quarter, compared to analyst estimates of $746.08 million. Advanced Drainage Systems had a trailing twelve-month return on equity of 50.53% and a net margin of 16.82%. The business's quarterly revenue was down 14.9% on a year-over-year basis. During the same period last year, the firm earned $2.22 EPS.

How often does Advanced Drainage Systems pay dividends? What is the dividend yield for Advanced Drainage Systems?

Advanced Drainage Systems declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Friday, September 1st will be paid a dividend of $0.14 per share on Friday, September 15th. This represents a $0.56 annualized dividend and a yield of 0.49%. The ex-dividend date is Thursday, August 31st.
Read our dividend analysis for WMS
.

Is Advanced Drainage Systems a good dividend stock?

Advanced Drainage Systems (NYSE:WMS) pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.49%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMS will have a dividend payout ratio of 8.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WMS.

What guidance has Advanced Drainage Systems issued on next quarter's earnings?

Advanced Drainage Systems updated its FY 2024 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.60 billion-$2.80 billion, compared to the consensus revenue estimate of $2.74 billion.

What is Joe Chlapaty's approval rating as Advanced Drainage Systems' CEO?

39 employees have rated Advanced Drainage Systems Chief Executive Officer Joe Chlapaty on Glassdoor.com. Joe Chlapaty has an approval rating of 54% among the company's employees. This puts Joe Chlapaty in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 53.0% of employees surveyed would recommend working at Advanced Drainage Systems to a friend.

What other stocks do shareholders of Advanced Drainage Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Advanced Drainage Systems investors own include Pfizer (PFE), Advanced Micro Devices (AMD), Etsy (ETSY), Intel (INTC), NVIDIA (NVDA), Activision Blizzard (ATVI), Marvell Technology (MRVL), Phillips 66 (PSX), QUALCOMM (QCOM) and RTX (RTX).

What is Advanced Drainage Systems' stock symbol?

Advanced Drainage Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMS."

Who are Advanced Drainage Systems' major shareholders?

Advanced Drainage Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (171.76%), BlackRock Inc. (8.04%), Baillie Gifford & Co. (4.56%), Impax Asset Management Group plc (4.41%), Capital International Investors (2.94%) and State Street Corp (2.58%). Insiders that own company stock include Alexander R Fischer, Anil Seetharam, Berkshire Partners Holdings Ll, Brian W King, Darin S Harvey, De La Mesa Manuel J Perez, Kevin C Talley, Mark Haney, Michael B Coleman, Michael G Huebert, Robert M Eversole, Robert M Klein, Ross M Jones and Tim A Makowski.
View institutional ownership trends
.

How do I buy shares of Advanced Drainage Systems?

Shares of WMS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Advanced Drainage Systems' stock price today?

One share of WMS stock can currently be purchased for approximately $115.27.

How much money does Advanced Drainage Systems make?

Advanced Drainage Systems (NYSE:WMS) has a market capitalization of $9.07 billion and generates $3.07 billion in revenue each year. The construction company earns $507.09 million in net income (profit) each year or $6.03 on an earnings per share basis.

How many employees does Advanced Drainage Systems have?

The company employs 5,870 workers across the globe.

How can I contact Advanced Drainage Systems?

Advanced Drainage Systems' mailing address is 4640 TRUEMAN BOULEVARD, HILLIARD OH, 43026. The official website for the company is www.ads-pipe.com. The construction company can be reached via phone at (800) 821-6710, via email at investorrelations@ads-pipe.com, or via fax at 614-658-0204.

This page (NYSE:WMS) was last updated on 9/24/2023 by MarketBeat.com Staff

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