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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Is This The End Of Your Retirement? (Ad)
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Is This The End Of Your Retirement? (Ad)
Stock market today: Asian stocks follow Wall St up after strong US jobs report
Greek authorities rescue 91 migrants from river islet on border with Turkey
Laser breakthrough could send stock soaring 2,467% (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Is This The End Of Your Retirement? (Ad)
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Is This The End Of Your Retirement? (Ad)
Stock market today: Asian stocks follow Wall St up after strong US jobs report
Greek authorities rescue 91 migrants from river islet on border with Turkey
Laser breakthrough could send stock soaring 2,467% (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Is This The End Of Your Retirement? (Ad)
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Is This The End Of Your Retirement? (Ad)
Stock market today: Asian stocks follow Wall St up after strong US jobs report
Greek authorities rescue 91 migrants from river islet on border with Turkey
Laser breakthrough could send stock soaring 2,467% (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
NYSE:WMS

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

$104.38
+6.71 (+6.87%)
(As of 06/2/2023 08:49 PM ET)
Compare
Today's Range
$98.63
$104.74
50-Day Range
$77.63
$104.39
52-Week Range
$75.02
$153.36
Volume
1.02 million shs
Average Volume
910,309 shs
Market Capitalization
$8.24 billion
P/E Ratio
17.20
Dividend Yield
0.54%
Price Target
$119.17

Advanced Drainage Systems MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
14.2% Upside
$119.17 Price Target
Short Interest
Bearish
6.80% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.25
Upright™ Environmental Score
News Sentiment
1.01mentions of Advanced Drainage Systems in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.98%
From $5.24 to $6.13 Per Share

Overall MarketRank

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

2.36 out of 5 stars

Construction Sector

28th out of 105 stocks

Plastics Foam Products Industry

1st out of 1 stocks


WMS stock logo

About Advanced Drainage Systems (NYSE:WMS) Stock

Advanced Drainage Systems, Inc. engages in the manufacture of thermoplastic corrugated pipe, which provides a suite of water management products and drainage solutions for use in the construction and infrastructure marketplace. It operates through the following segments: Pipe, Infiltrator, International, and Allied Products & Other. The Pipe segment manufactures and markets thermoplastic corrugated pipe throughout the United States. The Infiltrator segment provides plastic leachfield chambers and systems, septic tanks and accessories, primarily for use in residential applications. The International segment manufactures and markets pipe and allied products in regions outside of the United States. The Allied Products & Other segment manufactures and markets products throughout the United States. Products include StormTech, Nyloplast, ARC Septic Chambers, Inserta Tee, water quality filters and structures, Fittings, and FleXstorm. The company was founded in 1966 and is headquartered in Hilliard, OH.

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WMS Stock News Headlines

“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
The Latest Analyst Ratings for Advanced Drainage Systems
Advanced Drainage Systems (WMS) Gets a Buy from Morgan Stanley
See More Headlines

WMS Price History

WMS Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Last Earnings
5/18/2023
Ex-Dividend for 6/15 Dividend
5/31/2023
Today
6/04/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
8/03/2023
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
$119.17
High Stock Price Forecast
$131.00
Low Stock Price Forecast
$105.00
Forecasted Upside/Downside
+14.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$507.09 million
Pretax Margin
21.40%

Debt

Sales & Book Value

Annual Sales
$3.07 billion
Cash Flow
$8.05 per share
Book Value
$10.66 per share

Miscellaneous

Free Float
71,600,000
Market Cap
$8.24 billion
Optionable
Optionable
Beta
1.37

Social Links


Key Executives

  • D. Scott Barbour
    President, Chief Executive Officer & Director
  • Scott A. Cottrill
    CFO, Secretary, Treasurer & Executive VP
  • Kevin C. TalleyKevin C. Talley
    Chief Administrative Officer & Executive VP
  • Tim A. MakowskiTim A. Makowski
    Chief Accounting Officer, VP & Controller
  • Robert M. Klein
    Executive Vice President-Market Management













WMS Stock - Frequently Asked Questions

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

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Advanced Drainage Systems in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WMS shares.
View WMS analyst ratings
or view top-rated stocks.

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

6 Wall Street analysts have issued 1-year target prices for Advanced Drainage Systems' shares. Their WMS share price forecasts range from $105.00 to $131.00. On average, they expect the company's stock price to reach $119.17 in the next twelve months. This suggests a possible upside of 14.2% 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 the year. Since then, WMS shares have increased by 27.3% and is now trading at $104.38.
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, August 3rd 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, May, 18th. The construction company reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.38. The construction company earned $617.60 million during the quarter, compared to analysts' expectations of $567.10 million. Advanced Drainage Systems had a trailing twelve-month return on equity of 52.49% and a net margin of 16.51%. Advanced Drainage Systems's revenue for the quarter was down 8.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.95 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, May 18th. Investors of record on Thursday, June 1st will be paid a dividend of $0.14 per share on Thursday, June 15th. This represents a $0.56 annualized dividend and a yield of 0.54%. The ex-dividend date is Wednesday, May 31st. This is a positive change from the stock's previous quarterly dividend of $0.12.
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 0.57%. 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 9.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMS will have a dividend payout ratio of 9.14% 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 Friday, May, 26th. 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 $2.85 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 Raytheon Technologies (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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.21%), Impax Asset Management Group plc (4.36%), Baillie Gifford & Co. (3.16%), State Street Corp (2.53%), Thrivent Financial for Lutherans (1.93%) and William Blair Investment Management LLC (1.89%). 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, Ronald R Vitarelli, 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 $104.38.

How much money does Advanced Drainage Systems make?

Advanced Drainage Systems (NYSE:WMS) has a market capitalization of $8.24 billion and generates $3.07 billion in revenue each year. The construction company earns $507.09 million in net income (profit) each year or $6.07 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 6/5/2023 by MarketBeat.com Staff

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