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Advanced Drainage Systems Stock Price, News & Analysis (NYSE:WMS)

$119.64
-1.83 (-1.51%)
(As of 11/28/2023 ET)
Compare
Today's Range
$119.25
$122.03
50-Day Range
$104.19
$123.29
52-Week Range
$75.02
$134.94
Volume
294,226 shs
Average Volume
744,626 shs
Market Capitalization
$9.32 billion
P/E Ratio
20.14
Dividend Yield
0.47%
Price Target
$145.13

Advanced Drainage Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
21.3% Upside
$145.13 Price Target
Short Interest
Healthy
4.04% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.79
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$45.78 M Sold Last Quarter
Proj. Earnings Growth
15.47%
From $5.56 to $6.42 Per Share

Overall MarketRank

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

2.47 out of 5 stars

Construction Sector

13th out of 98 stocks

Plastics Foam Products Industry

1st out of 1 stocks


WMS stock logo

About Advanced Drainage Systems Stock (NYSE:WMS)

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 Stock Price History

WMS Stock News Headlines

The Bull Case For Advanced Drainage Systems Inc.
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Advanced Drainage Systems Inc. Q2 Profit Decreases, but beats estimates
Advanced Drainage Systems (WMS) Receives a Buy from Oppenheimer
Advanced Drainage Systems Joins the UN Global Compact
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Last Earnings
11/02/2023
Today
11/28/2023
Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Next Earnings (Estimated)
2/01/2024
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 Target
$145.13
High Stock Price Target
$162.00
Low Stock Price Target
$120.00
Potential Upside/Downside
+21.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$507.09 million
Pretax Margin
22.13%

Debt

Sales & Book Value

Annual Sales
$3.07 billion
Cash Flow
$8.05 per share
Book Value
$10.36 per share

Miscellaneous

Free Float
74,955,000
Market Cap
$9.32 billion
Optionable
Optionable
Beta
1.41

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WMS Stock Analysis - Frequently Asked Questions

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Drainage Systems in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

8 Wall Street research analysts have issued twelve-month price objectives for Advanced Drainage Systems' stock. Their WMS share price targets range from $120.00 to $162.00. On average, they expect the company's stock price to reach $145.13 in the next twelve months. This suggests a possible upside of 21.3% 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 beginning of 2023. Since then, WMS stock has increased by 45.9% and is now trading at $119.60.
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, February 1st 2024.
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, November, 2nd. The construction company reported $1.71 earnings per share for the quarter, topping analysts' consensus estimates of $1.53 by $0.18. The construction company had revenue of $780.22 million for the quarter, compared to analysts' expectations of $776.36 million. Advanced Drainage Systems had a net margin of 16.86% and a trailing twelve-month return on equity of 48.92%.

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, November 2nd. Investors of record on Friday, December 1st will be paid a dividend of $0.14 per share on Friday, December 15th. This represents a $0.56 annualized dividend and a dividend yield of 0.47%. The ex-dividend date is Thursday, November 30th.
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 0.47%. 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 9.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMS will have a dividend payout ratio of 8.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WMS.

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).

Who are Advanced Drainage Systems' major shareholders?

Advanced Drainage Systems' stock is owned by many different retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (4.52%), Impax Asset Management Group plc (3.83%), Morgan Stanley (2.02%), William Blair Investment Management LLC (1.86%), Invesco Ltd. (1.78%) and Canada Pension Plan Investment Board (1.66%). 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.

This page (NYSE:WMS) was last updated on 11/28/2023 by MarketBeat.com Staff

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