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

$113.61
+0.18 (+0.16%)
(As of 03:03 PM ET)
Compare
Today's Range
$112.67
$115.57
50-Day Range
$113.43
$134.16
52-Week Range
$75.02
$136.53
Volume
707,543 shs
Average Volume
791,311 shs
Market Capitalization
$8.94 billion
P/E Ratio
18.84
Dividend Yield
0.49%
Price Target
$147.00

Advanced Drainage Systems MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
29.4% Upside
$147.00 Price Target
Short Interest
Healthy
5.10% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.93
Upright™ Environmental Score
News Sentiment
1.83mentions of Advanced Drainage Systems in the last 14 days
Based on 2 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.

3.05 out of 5 stars

Construction Sector

11th out of 102 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 "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Advanced Drainage Systems (WMS) Receives a Buy from Oppenheimer
Advanced Drainage Systems Joins the UN Global Compact
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
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
9/27/2023
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
+29.3%
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
$7.93 per share
Book Value
$10.36 per share

Miscellaneous

Free Float
75,710,000
Market Cap
$8.95 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 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 forecast for 2023?

8 equities research analysts have issued 12 month price targets for Advanced Drainage Systems' stock. Their WMS share price forecasts range from $120.00 to $162.00. On average, they predict the company's share price to reach $147.00 in the next twelve months. This suggests a possible upside of 29.3% 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 on January 1st, 2023. Since then, WMS shares have increased by 38.7% and is now trading at $113.69.
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) released its quarterly earnings data on Thursday, August, 3rd. The construction company reported $2.04 earnings per share for the quarter, beating analysts' consensus estimates of $1.53 by $0.51. The construction company had revenue of $778 million for the quarter, compared to the consensus estimate of $746.08 million. Advanced Drainage Systems had a net margin of 16.82% and a trailing twelve-month return on equity of 50.53%. The company's quarterly revenue was down 14.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.22 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, August 3rd. Investors 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 dividend on an annualized basis and a dividend 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 issued an update on its FY 2024 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (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 shareholders 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 $113.69.

How much money does Advanced Drainage Systems make?

Advanced Drainage Systems (NYSE:WMS) has a market capitalization of $8.95 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 9/27/2023 by MarketBeat.com Staff

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