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Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
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Nuclear plant in Ukraine is shelled; Rising dangers feared
Can Etsy Continue to Thrive After the Pandemic?
'The Sacrifice Zone': Myanmar bears cost of green energy
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Can Etsy Continue to Thrive After the Pandemic?
'The Sacrifice Zone': Myanmar bears cost of green energy
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Can Etsy Continue to Thrive After the Pandemic?
'The Sacrifice Zone': Myanmar bears cost of green energy
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
NYSE:WMS

Advanced Drainage Systems - WMS Stock Forecast, Price & News

$142.55
+2.77 (+1.98%)
(As of 08/8/2022 12:00 AM ET)
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Compare
Today's Range
$140.12
$144.08
50-Day Range
$81.81
$142.55
52-Week Range
$80.81
$144.08
Volume
998,632 shs
Average Volume
688,461 shs
Market Capitalization
$11.91 billion
P/E Ratio
31.68
Dividend Yield
0.34%
Price Target
$144.50

Advanced Drainage Systems MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
1.4% Upside
$144.50 Price Target
Short Interest
Healthy
1.81% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.03
Upright™ Environmental Score
News Sentiment
0.75mentions of Advanced Drainage Systems in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$38.98 M Sold Last Quarter
Proj. Earnings Growth
41.75%
From $3.88 to $5.50 Per Share

Overall MarketRank

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

2.55 out of 5 stars

Construction Sector

21st out of 106 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 underground construction and infrastructure marketplace 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. It offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 38 distribution centers. The company was incorporated in 1966 and is headquartered in Hilliard, Ohio.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Loop Capital lowered their price target on Advanced Drainage Systems from $158.00 to $124.00 and set a "buy" rating for the company in a research report on Friday, July 8th. Robert W. Baird lifted their price target on Advanced Drainage Systems from $119.00 to $170.00 and gave the stock an "outperform" rating in a research report on Friday. Morgan Stanley lowered their price target on Advanced Drainage Systems from $142.00 to $120.00 and set an "overweight" rating for the company in a research report on Tuesday, June 28th. Barclays lifted their price target on Advanced Drainage Systems from $135.00 to $164.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, TheStreet lowered Advanced Drainage Systems from a "b" rating to a "c+" rating in a research report on Thursday, May 19th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Advanced Drainage Systems has an average rating of "Moderate Buy" and an average target price of $144.50.

Advanced Drainage Systems Price Performance

Shares of NYSE:WMS opened at $142.55 on Tuesday. Advanced Drainage Systems has a fifty-two week low of $80.81 and a fifty-two week high of $144.08. The business has a 50-day simple moving average of $101.60 and a two-hundred day simple moving average of $108.47. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.97 and a current ratio of 2.23. The firm has a market cap of $12.10 billion, a price-to-earnings ratio of 31.68 and a beta of 1.51.

Advanced Drainage Systems (NYSE:WMS - Get Rating) last issued its earnings results on Thursday, August 4th. The construction company reported $2.22 earnings per share for the quarter, topping analysts' consensus estimates of $1.00 by $1.22. Advanced Drainage Systems had a return on equity of 50.97% and a net margin of 12.65%. The business had revenue of $914.20 million during the quarter, compared to analyst estimates of $849.39 million. During the same quarter in the previous year, the firm earned $0.87 EPS. Advanced Drainage Systems's revenue was up 36.6% on a year-over-year basis. On average, analysts expect that Advanced Drainage Systems will post 3.88 earnings per share for the current year.

Advanced Drainage Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date of this dividend is Wednesday, August 31st. Advanced Drainage Systems's dividend payout ratio (DPR) is 10.67%.

Insider Activity

In other news, CAO Kevin C. Talley sold 26,500 shares of the company's stock in a transaction dated Tuesday, June 14th. The shares were sold at an average price of $90.54, for a total transaction of $2,399,310.00. Following the completion of the sale, the chief accounting officer now owns 62,025 shares of the company's stock, valued at approximately $5,615,743.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Darin S. Harvey sold 20,000 shares of the company's stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $112.55, for a total transaction of $2,251,000.00. Following the completion of the sale, the executive vice president now owns 4,600 shares of the company's stock, valued at approximately $517,730. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Kevin C. Talley sold 26,500 shares of the company's stock in a transaction dated Tuesday, June 14th. The shares were sold at an average price of $90.54, for a total transaction of $2,399,310.00. Following the sale, the chief accounting officer now directly owns 62,025 shares of the company's stock, valued at approximately $5,615,743.50. The disclosure for this sale can be found here. Insiders sold 355,426 shares of company stock valued at $38,979,477 in the last quarter. 9.33% of the stock is currently owned by insiders.

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WMS Company Calendar

Ex-Dividend for 6/15 Dividend
5/31/2022
Dividend Payable
6/15/2022
Last Earnings
8/04/2022
Today
8/09/2022
Ex-Dividend for 9/15 Dividend
8/31/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Plastics foam products
Sub-Industry
Casinos & Gaming
CUSIP
92929710
Employees
5,635
Year Founded
1966

Price Target and Rating

Average Stock Price Forecast
$144.50
High Stock Price Forecast
$170.00
Low Stock Price Forecast
$120.00
Forecasted Upside/Downside
+1.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$271.33 million
Pretax Margin
13.85%

Debt

Sales & Book Value

Annual Sales
$2.77 billion
Cash Flow
$5.86 per share
Book Value
$12.65 per share

Miscellaneous

Free Float
75,774,000
Market Cap
$11.91 billion
Optionable
Optionable
Beta
1.51

Social Links















WMS Stock - Frequently Asked Questions

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

5 Wall Street equities 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 4 buy ratings for the stock. The consensus among Wall Street equities 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 2022?

5 equities research analysts have issued twelve-month target prices for Advanced Drainage Systems' stock. Their WMS share price forecasts range from $120.00 to $170.00. On average, they expect the company's stock price to reach $144.50 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price.
View analysts price targets for WMS
or view top-rated stocks among Wall Street analysts.

How has Advanced Drainage Systems' stock performed in 2022?

Advanced Drainage Systems' stock was trading at $136.13 at the beginning of 2022. Since then, WMS stock has increased by 4.7% and is now trading at $142.55.
View the best growth stocks for 2022 here
.

Are investors shorting Advanced Drainage Systems?

Advanced Drainage Systems saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,670,000 shares, an increase of 36.9% from the June 15th total of 1,220,000 shares. Based on an average trading volume of 533,300 shares, the days-to-cover ratio is presently 3.1 days.
View Advanced Drainage Systems' Short Interest
.

When is Advanced Drainage Systems' next earnings date?

Advanced Drainage Systems is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our WMS earnings forecast
.

How were Advanced Drainage Systems' earnings last quarter?

Advanced Drainage Systems, Inc. (NYSE:WMS) announced its quarterly earnings results on Thursday, August, 4th. The construction company reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $1.22. The construction company earned $914.20 million during the quarter, compared to analyst estimates of $849.39 million. Advanced Drainage Systems had a trailing twelve-month return on equity of 50.97% and a net margin of 12.65%. Advanced Drainage Systems's revenue was up 36.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.87 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, August 4th. Shareholders of record on Thursday, September 1st will be given a dividend of $0.12 per share on Thursday, September 15th. This represents a $0.48 annualized dividend and a yield of 0.34%. The ex-dividend date is Wednesday, 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 $0.48 per share and currently has a dividend yield of 0.34%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMS will have a dividend payout ratio of 8.73% 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 2023 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.25 billion-$3.35 billion, compared to the consensus revenue estimate of $3.16 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 variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.35%), Loomis Sayles & Co. L P (1.12%), Artemis Investment Management LLP (0.81%), Baird Financial Group Inc. (0.70%), Robeco Schweiz AG (0.48%) and Geneva Capital Management LLC (0.45%). Insiders that own company stock include Alexander R Fischer, Anil Seetharam, Berkshire Partners Holdings Ll, Darin S Harvey, Ewout Leeuwenburg, Joseph A Chlapaty, Kevin C Talley, Mark Haney, Michael B Coleman, Robert M Eversole, Robert M Klein, Ronald R Vitarelli, Ross M Jones, Roy E Jr Moore 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 $142.55.

How much money does Advanced Drainage Systems make?

Advanced Drainage Systems (NYSE:WMS) has a market capitalization of $12.10 billion and generates $2.77 billion in revenue each year. The construction company earns $271.33 million in net income (profit) each year or $4.50 on an earnings per share basis.

How many employees does Advanced Drainage Systems have?

Advanced Drainage Systems employs 5,635 workers across the globe.

When was Advanced Drainage Systems founded?

Advanced Drainage Systems was founded in 1966.

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 8/9/2022 by MarketBeat.com Staff

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