NYSE:WMSAdvanced Drainage Systems Stock Price, Forecast & News

Advanced Drainage Systems' stock was trading at $40.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WMS shares have increased by 18.4% and is now trading at $48.52. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Drainage Systems in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Advanced Drainage Systems.

Advanced Drainage Systems is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Advanced Drainage Systems.

Advanced Drainage Systems Inc (NYSE:WMS) issued its quarterly earnings data on Thursday, May, 21st. The construction company reported $0.01 EPS for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.03. The construction company had revenue of $370.80 million for the quarter, compared to analyst estimates of $371.11 million. Advanced Drainage Systems had a negative net margin of 11.62% and a positive return on equity of 13.61%. The firm's quarterly revenue was up 36.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.01 earnings per share. View Advanced Drainage Systems' earnings history.

Advanced Drainage Systems announced a quarterly dividend on Wednesday, May 20th. Shareholders of record on Monday, June 1st will be given a dividend of $0.09 per share on Monday, June 15th. This represents a $0.36 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Friday, May 29th. View Advanced Drainage Systems' dividend history.

Advanced Drainage Systems issued an update on its FY 2020 After-Hours earnings guidance on Thursday, April, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.674-1.674 billion, compared to the consensus revenue estimate of $1.63 billion.

6 brokers have issued 12 month price objectives for Advanced Drainage Systems' stock. Their forecasts range from $43.00 to $57.00. On average, they expect Advanced Drainage Systems' share price to reach $49.00 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price. View analysts' price targets for Advanced Drainage Systems.

Press coverage about WMS stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Advanced Drainage Systems earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Advanced Drainage Systems.

Advanced Drainage Systems saw a drop in short interest in June. As of June 15th, there was short interest totaling 1,340,000 shares, a drop of 5.6% from the May 31st total of 1,420,000 shares. Based on an average daily volume of 542,100 shares, the short-interest ratio is currently 2.5 days. Approximately 2.5% of the shares of the stock are short sold. View Advanced Drainage Systems' Current Options Chain.

Some companies that are related to Advanced Drainage Systems include Las Vegas Sands (LVS), Caesars Entertainment (CZR), MGM Resorts International (MGM), Wynn Resorts (WYNN), Churchill Downs (CHDN), Penn National Gaming (PENN), Boyd Gaming (BYD), International Game Technology (IGT), Scientific Games (SGMS) and Monarch Casino & Resort (MCRI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Advanced Drainage Systems investors own include Pfizer (PFE), Carnival (CCL), Energy Transfer LP Unit (ET), JPMorgan Chase & Co. (JPM), Las Vegas Sands (LVS), Occidental Petroleum (OXY), Phillips 66 (PSX), Exxon Mobil (XOM), Valero Energy (VLO) and Verizon Communications (VZ).

Advanced Drainage Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMS."

Advanced Drainage Systems' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Robecosam AG (0.17%), Envestnet Asset Management Inc. (0.02%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.02%). Company insiders that own Advanced Drainage Systems stock include Alexander R Fischer, Berkshire Partners Holdings Ll, Ewout Leeuwenburg, Joseph A Chlapaty, Robert M Klein, Ronald R Vitarelli, Ross M Jones, Roy E Jr Moore and Tim A Makowski. View institutional ownership trends for Advanced Drainage Systems.

WMS stock was sold by a variety of institutional investors in the last quarter, including Robecosam AG, and Envestnet Asset Management Inc.. Company insiders that have sold Advanced Drainage Systems company stock in the last year include Alexander R Fischer, Ewout Leeuwenburg, Joseph A Chlapaty, Robert M Klein, Ronald R Vitarelli, and Tim A Makowski. View insider buying and selling activity for Advanced Drainage Systems.

WMS stock was acquired by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have bought Advanced Drainage Systems stock in the last two years include Berkshire Partners Holdings Ll, Ross M Jones, and Roy E Jr Moore. View insider buying and selling activity for Advanced Drainage Systems.

Shares of WMS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of WMS stock can currently be purchased for approximately $48.52.

Advanced Drainage Systems has a market capitalization of $3.38 billion and generates $1.67 billion in revenue each year. The construction company earns $-193,170,000.00 in net income (profit) each year or ($3.21) on an earnings per share basis. Advanced Drainage Systems employs 4,950 workers across the globe.

The official website for Advanced Drainage Systems is www.ads-pipe.com.

Advanced Drainage Systems' mailing address is 4640 TRUEMAN BOULEVARD, HILLIARD OH, 43026. The construction company can be reached via phone at 614-658-0050 or via email at [email protected]