NYSE:WMS - Advanced Drainage Systems Stock Price, News, & Analysis

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

Advanced Drainage Systems declared a quarterly dividend on Thursday, August 9th. Shareholders of record on Friday, August 31st will be paid a dividend of $0.08 per share on Friday, September 14th. This represents a $0.32 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Thursday, August 30th. View Advanced Drainage Systems' Dividend History.

Advanced Drainage Systems announced that its board has authorized a stock repurchase program on Thursday, April 6th 2017, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

Advanced Drainage Systems Inc (NYSE:WMS) announced its quarterly earnings results on Thursday, August, 9th. The construction company reported $0.51 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.11. The construction company had revenue of $387.85 million for the quarter, compared to analyst estimates of $382.67 million. Advanced Drainage Systems had a net margin of 5.43% and a return on equity of 47.60%. The firm's revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.28 EPS. View Advanced Drainage Systems' Earnings History.

Advanced Drainage Systems is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Advanced Drainage Systems.

4 Wall Street analysts have issued 12-month price targets for Advanced Drainage Systems' stock. Their forecasts range from $30.00 to $35.00. On average, they anticipate Advanced Drainage Systems' stock price to reach $31.6667 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View Analyst Price Targets for Advanced Drainage Systems.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Drainage Systems in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Advanced Drainage Systems.

Some companies that are related to Advanced Drainage Systems include CHINA RESOURCES/ADR (CARCY), Spirax-Sarco Engineering (SPXSF), Owens Corning (OC), Watsco Inc Class B (WSO.B), Watsco (WSO), WEIR Grp PLC/S (WEGRY), USG (USG), Bellway (BLWYY), Babcock International (BCKIY), Acuity Brands (AYI), Toll Brothers (TOL), Aecom (ACM), Quanta Services (PWR), Thor Industries (THO) and Gates Industrial (GTES).

Headlines about WMS stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Advanced Drainage Systems earned a coverage optimism score of 0.11 on Accern's scale. They also gave headlines about the construction company an impact score of 45.59 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Advanced Drainage Systems.

Advanced Drainage Systems' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.46%), Dimensional Fund Advisors LP (1.78%), Deprince Race & Zollo Inc. (1.29%), First Trust Advisors LP (0.64%), Federated Investors Inc. PA (0.62%) and KBC Group NV (0.56%). Company insiders that own Advanced Drainage Systems stock include Berkshire Partners Holdings Ll, Ewout Leeuwenburg, Joseph A Chlapaty, Robert M Klein, Ronald R Vitarelli and Thomas M Fussner. View Institutional Ownership Trends for Advanced Drainage Systems.

WMS stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Gardner Lewis Asset Management L P, Comerica Bank, Citadel Advisors LLC, California Public Employees Retirement System, Fox Run Management L.L.C., Dynamic Technology Lab Private Ltd and Russell Investments Group Ltd.. Company insiders that have sold Advanced Drainage Systems company stock in the last year include Ewout Leeuwenburg, Joseph A Chlapaty, Robert M Klein, Ronald R Vitarelli and Thomas M Fussner. View Insider Buying and Selling for Advanced Drainage Systems.

WMS stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Federated Investors Inc. PA, Dimensional Fund Advisors LP, White Elm Capital LLC, Fuller & Thaler Asset Management Inc., Daiwa SB Investments Ltd., Monarch Partners Asset Management LLC and First Trust Advisors LP. Company insiders that have bought Advanced Drainage Systems stock in the last two years include Berkshire Partners Holdings Ll and Joseph A Chlapaty. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of WMS stock can currently be purchased for approximately $31.45.

Advanced Drainage Systems has a market capitalization of $1.74 billion and generates $1.33 billion in revenue each year. The construction company earns $62 million in net income (profit) each year or $0.81 on an earnings per share basis. Advanced Drainage Systems employs 4,400 workers across the globe.

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]