NYSE:WMS - Advanced Drainage Systems Stock Price, Price Target & More

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

Advanced Drainage Systems announced a quarterly dividend on Tuesday, May 29th. Stockholders of record on Tuesday, June 5th will be given a dividend of $0.08 per share on Friday, June 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend is Monday, June 4th. This is a positive change from Advanced Drainage Systems's previous quarterly dividend of $0.07. View Advanced Drainage Systems' Dividend History.

Advanced Drainage Systems declared that its Board of Directors has initiated a share buyback program on Thursday, April 6th 2017, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Advanced Drainage Systems Inc (NYSE:WMS) posted its earnings results on Tuesday, May, 29th. The construction company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by $0.05. The construction company had revenue of $250.10 million for the quarter, compared to analysts' expectations of $253.38 million. Advanced Drainage Systems had a net margin of 4.62% and a return on equity of 47.40%. The company's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.22) earnings per share. View Advanced Drainage Systems' Earnings History.

Advanced Drainage Systems is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for Advanced Drainage Systems.

4 brokers have issued 1-year target prices for Advanced Drainage Systems' stock. Their predictions range from $26.00 to $32.00. On average, they expect Advanced Drainage Systems' share price to reach $29.00 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Advanced Drainage Systems include Spirax-Sarco Engineering (SPXSF), WEIR Grp PLC/S (WEGRY), USG (USG), Toll Brothers (TOL), Bellway (BLWYY), Babcock International (BCKIY), Thor Industries (THO), Acuity Brands (AYI), Aecom (ACM), Eagle Materials (EXP), Quanta Services (PWR), Floor & Decor (FND), Rayonier (RYN), Emcor Group (EME) and Gates Industrial (GTES).

Media coverage about WMS stock has been trending somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Advanced Drainage Systems earned a daily sentiment score of 0.04 on Accern's scale. They also gave media headlines about the construction company an impact score of 46.93 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Advanced Drainage Systems' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Deprince Race & Zollo Inc. (1.29%), Daiwa SB Investments Ltd. (0.28%) and Fox Run Management L.L.C. (0.02%). 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. and Fox Run Management L.L.C.. 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 Daiwa SB Investments Ltd.. 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 $28.65.

Advanced Drainage Systems has a market capitalization of $1.64 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]