Advanced Drainage Systems Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Advanced Drainage Systems in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Advanced Drainage Systems stock.
View analyst ratings for Advanced Drainage Systems or view top-rated stocks.

Wall Street analysts have given Advanced Drainage Systems a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Advanced Drainage Systems wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Advanced Drainage Systems saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,200,000 shares, an increase of 31.2% from the March 31st total of 914,400 shares. Based on an average daily volume of 501,900 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.2% of the shares of the stock are sold short.
View Advanced Drainage Systems' Short Interest.

Advanced Drainage Systems is scheduled to release its next quarterly earnings announcement on Thursday, May 20th 2021.
View our earnings forecast for Advanced Drainage Systems.

Advanced Drainage Systems will be holding an earnings conference call on Thursday, May 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Advanced Drainage Systems, Inc. (NYSE:WMS) released its quarterly earnings results on Wednesday, February, 3rd. The construction company reported $0.62 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.15. The construction company had revenue of $486.15 million for the quarter, compared to analyst estimates of $408.87 million. Advanced Drainage Systems had a trailing twelve-month return on equity of 19.10% and a net margin of 5.71%. The company's quarterly revenue was up 23.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.28 EPS.
View Advanced Drainage Systems' earnings history.

Advanced Drainage Systems' stock was trading at $40.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WMS shares have increased by 176.4% and is now trading at $113.28.
View which stocks have been most impacted by COVID-19.

Advanced Drainage Systems announced a quarterly dividend on Thursday, February 4th. Shareholders of record on Monday, March 1st will be given a dividend of $0.09 per share on Monday, March 15th. This represents a $0.36 annualized dividend and a yield of 0.32%. The ex-dividend date of this dividend is Friday, February 26th.
View Advanced Drainage Systems' dividend history.

Advanced Drainage Systems pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.33%.
View Advanced Drainage Systems' dividend history.

Advanced Drainage Systems updated its FY 2021 IntraDay earnings guidance on Wednesday, February, 17th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.915-1.95 billion, compared to the consensus revenue estimate of $1.95 billion.

5 analysts have issued 1-year price objectives for Advanced Drainage Systems' shares. Their forecasts range from $51.00 to $128.00. On average, they expect Advanced Drainage Systems' share price to reach $102.75 in the next twelve months. This suggests that the stock has a possible downside of 9.3%.
View analysts' price targets for Advanced Drainage Systems or view top-rated stocks among Wall Street analysts.

39 employees have rated Advanced Drainage Systems CEO Joe Chlapaty on Glassdoor.com. Joe Chlapaty has an approval rating of 54% among Advanced Drainage Systems' 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.

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

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).

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

Advanced Drainage Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.50%), JPMorgan Chase & Co. (2.95%), Victory Capital Management Inc. (2.00%), Dimensional Fund Advisors LP (1.26%), Geode Capital Management LLC (1.21%) and UBS Asset Management Americas Inc. (1.17%). Company insiders that own Advanced Drainage Systems stock include Alexander R Fischer, Berkshire Partners Holdings Ll, Darin S Harvey, Ewout Leeuwenburg, Joseph A Chlapaty, Mark Haney, 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 Beck Mack & Oliver LLC, Dimensional Fund Advisors LP, JPMorgan Chase & Co., Federated Hermes Inc., Victory Capital Management Inc., KBC Group NV, Renaissance Technologies LLC, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have sold Advanced Drainage Systems company stock in the last year include Alexander R Fischer, Berkshire Partners Holdings Ll, Darin S Harvey, Ewout Leeuwenburg, Mark Haney, Robert M Klein, Ronald R Vitarelli, Ross M Jones, and Tim A Makowski.
View insider buying and selling activity for Advanced Drainage Systems or view top insider-selling stocks.

WMS stock was purchased by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Peregrine Capital Management LLC, BlackRock Inc., Artemis Investment Management LLP, Massachusetts Financial Services Co. MA, UBS Asset Management Americas Inc., Geneva Capital Management LLC, and Prudential Financial Inc.. 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 or or view top insider-buying stocks.

Shares of WMS 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.

One share of WMS stock can currently be purchased for approximately $113.28.

Advanced Drainage Systems has a market capitalization of $8.03 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.

Advanced Drainage Systems was founded in 1966.

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

Advanced Drainage Systems is headquartered at 4640 TRUEMAN BOULEVARD, HILLIARD OH, 43026.

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]