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NYSE:WMS

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

$178.54
-0.70 (-0.39%)
(As of 10:07 AM ET)
Today's Range
$177.61
$181.03
50-Day Range
$155.57
$179.24
52-Week Range
$93.16
$184.27
Volume
59,081 shs
Average Volume
460,328 shs
Market Capitalization
$13.86 billion
P/E Ratio
27.72
Dividend Yield
0.31%
Price Target
$175.00

Advanced Drainage Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
1.5% Upside
$181.88 Price Target
Short Interest
Healthy
1.77% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.95
Upright™ Environmental Score
News Sentiment
0.92mentions of Advanced Drainage Systems in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$125.99 M Sold Last Quarter
Proj. Earnings Growth
17.19%
From $6.75 to $7.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.80 out of 5 stars

Construction Sector

1st out of 101 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

Advanced Drainage Systems (NYSE:WMS) PT Raised to $200.00
Advanced Drainage Systems (NYSE:WMS) PT Raised to $195.00
7 Best Manufacturing Stocks to Buy
Are Construction Stocks Lagging CRH (CRH) This Year?
WMS Apr 2024 190.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Last Earnings
5/16/2024
Today
5/22/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Plastics foam products
Sub-Industry
Casinos & Gaming
CUSIP
92929710
Employees
5,705
Year Founded
1966

Price Target and Rating

Average Stock Price Target
$181.88
High Stock Price Target
$202.00
Low Stock Price Target
$133.00
Potential Upside/Downside
-2.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$509.92 million
Pretax Margin
23.20%

Debt

Sales & Book Value

Annual Sales
$2.87 billion
Cash Flow
$8.78 per share
Book Value
$15.10 per share

Miscellaneous

Free Float
74,686,000
Market Cap
$13.91 billion
Optionable
Optionable
Beta
1.51

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WMS Stock Analysis - 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 twelve months. 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 target for 2024?

8 brokers have issued 1 year price objectives for Advanced Drainage Systems' shares. Their WMS share price targets range from $133.00 to $202.00. On average, they expect the company's share price to reach $181.88 in the next twelve months. This suggests a possible upside of 1.5% 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 2024?

Advanced Drainage Systems' stock was trading at $140.64 at the beginning of the year. Since then, WMS stock has increased by 27.4% and is now trading at $179.24.
View the best growth stocks for 2024 here
.

When is Advanced Drainage Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our WMS earnings forecast
.

How were Advanced Drainage Systems' earnings last quarter?

Advanced Drainage Systems, Inc. (NYSE:WMS) posted its earnings results on Thursday, May, 16th. The construction company reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.28. The construction company had revenue of $653.80 million for the quarter, compared to analyst estimates of $611.99 million. Advanced Drainage Systems had a trailing twelve-month return on equity of 46.93% and a net margin of 17.74%. The business's revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.06 EPS.

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

Advanced Drainage Systems announced a quarterly dividend on Thursday, May 16th. Investors of record on Friday, May 31st will be paid a dividend of $0.16 per share on Friday, June 14th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date of this dividend is Friday, May 31st. This is a boost from the stock's previous quarterly dividend of $0.14.
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 0.32%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 8.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMS will have a dividend payout ratio of 7.08% 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 issued an update on its FY 2025 earnings guidance on Thursday, May, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.9 billion-$3.0 billion, compared to the consensus revenue estimate of $3.0 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).

Who are Advanced Drainage Systems' major shareholders?

Advanced Drainage Systems' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.36%), Baillie Gifford & Co. (4.10%), William Blair Investment Management LLC (1.76%), Swedbank AB (1.65%), Canada Pension Plan Investment Board (1.50%) and Janus Henderson Group PLC (0.74%). 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, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WMS) was last updated on 5/22/2024 by MarketBeat.com Staff

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