NYSE:WMS

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

$160.06
-0.22 (-0.14%)
(As of 11:46 AM ET)
Today's Range
$159.94
$162.34
50-Day Range
$155.57
$172.76
52-Week Range
$80.41
$176.31
Volume
65,921 shs
Average Volume
463,180 shs
Market Capitalization
$12.42 billion
P/E Ratio
25.45
Dividend Yield
0.35%
Price Target
$159.13

Advanced Drainage Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
1.6% Downside
$159.13 Price Target
Short Interest
Healthy
1.70% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.95
Upright™ Environmental Score
News Sentiment
1.10mentions of Advanced Drainage Systems in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$125.99 M Sold Last Quarter
Proj. Earnings Growth
10.02%
From $6.09 to $6.70 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.

4.20 out of 5 stars

Construction Sector

23rd out of 99 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

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WMS Apr 2024 190.000 call
VMC Dec 2024 175.000 call
VMC May 2024 200.000 put
Call These Experts for Drainage Repair in DFW
WMS Mar 2024 165.000 call
Advanced Drainage Systems Inc
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/16/2024
Fiscal Year End
3/31/2025

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
$159.13
High Stock Price Target
$185.00
Low Stock Price Target
$120.00
Potential Upside/Downside
-0.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$507.09 million
Pretax Margin
23.03%

Debt

Sales & Book Value

Annual Sales
$3.07 billion
Cash Flow
$8.29 per share
Book Value
$10.36 per share

Miscellaneous

Free Float
74,675,000
Market Cap
$12.44 billion
Optionable
Optionable
Beta
1.50

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WMS Stock Analysis - Frequently Asked Questions

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Drainage Systems in the last year. There are currently 1 hold rating and 6 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?

7 brokers have issued 12 month price targets for Advanced Drainage Systems' stock. Their WMS share price targets range from $120.00 to $185.00. On average, they anticipate the company's share price to reach $159.13 in the next year. This suggests that the stock has a possible downside of 1.6%.
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 2024. Since then, WMS shares have increased by 15.0% and is now trading at $161.76.
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, May 16th 2024.
View our WMS earnings forecast
.

How can I listen to Advanced Drainage Systems' earnings call?

Advanced Drainage Systems will be holding an earnings conference call on Thursday, May 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Advanced Drainage Systems' earnings last quarter?

Advanced Drainage Systems, Inc. (NYSE:WMS) released its quarterly earnings data on Thursday, February, 8th. The construction company reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.44. The construction company earned $662.37 million during the quarter, compared to analysts' expectations of $632.69 million. Advanced Drainage Systems had a net margin of 17.65% and a trailing twelve-month return on equity of 49.79%. The company's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.99 earnings per share.

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, February 8th. Investors of record on Friday, March 1st will be given a dividend of $0.14 per share on Friday, March 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date of this dividend is Thursday, February 29th.
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 0.36%. 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 8.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMS will have a dividend payout ratio of 8.36% 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, February, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.8 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 number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.37%), Vaughan Nelson Investment Management L.P. (0.33%), Fifth Third Bancorp (0.11%), Perpetual Ltd (0.07%), Raymond James & Associates (0.06%) and Amalgamated Bank (0.05%). 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 4/24/2024 by MarketBeat.com Staff

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