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NYSE:WMS

Advanced Drainage Systems - WMS Stock Forecast, Price & News

$147.89
+4.17 (+2.90%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$143.77
$148.46
50-Day Range
$81.81
$152.83
52-Week Range
$80.81
$153.36
Volume
763,810 shs
Average Volume
534,144 shs
Market Capitalization
$12.36 billion
P/E Ratio
32.86
Dividend Yield
0.33%
Price Target
$152.00

Advanced Drainage Systems MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
2.8% Upside
$152.00 Price Target
Short Interest
Healthy
2.35% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.03
Upright™ Environmental Score
News Sentiment
-0.39mentions of Advanced Drainage Systems in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$45.94 M Sold Last Quarter
Proj. Earnings Growth
9.28%
From $6.25 to $6.83 Per Share

Overall MarketRank

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

2.36 out of 5 stars

Construction Sector

37th out of 105 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.

Advanced Drainage Systems Stock Down 6.0 %

Advanced Drainage Systems stock traded down $9.11 during midday trading on Wednesday, hitting $143.72. 1,439,156 shares of the stock were exchanged, compared to its average volume of 532,682. Advanced Drainage Systems has a 1 year low of $80.81 and a 1 year high of $153.36. The firm has a market cap of $12.01 billion, a P/E ratio of 31.94 and a beta of 1.51. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.78 and a quick ratio of 1.81. The company has a 50 day moving average price of $106.39 and a two-hundred day moving average price of $110.30.

Advanced Drainage Systems (NYSE:WMS - Get Rating) last released its earnings results on Thursday, August 4th. The construction company reported $2.22 earnings per share for the quarter, topping the consensus estimate of $1.00 by $1.22. The company had revenue of $914.20 million during the quarter, compared to the consensus estimate of $849.39 million. Advanced Drainage Systems had a net margin of 12.65% and a return on equity of 47.99%. The company's revenue was up 36.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.87 EPS. On average, sell-side analysts predict that Advanced Drainage Systems will post 6.25 earnings per share for the current fiscal year.

Advanced Drainage Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.33%. The ex-dividend date of this dividend is Wednesday, August 31st. Advanced Drainage Systems's payout ratio is currently 10.67%.

Analysts Set New Price Targets

A number of brokerages have recently commented on WMS. Barclays raised their target price on shares of Advanced Drainage Systems from $135.00 to $164.00 and gave the company an "overweight" rating in a research note on Friday, August 5th. Loop Capital cut their target price on shares of Advanced Drainage Systems from $158.00 to $124.00 and set a "buy" rating on the stock in a research note on Friday, July 8th. Deutsche Bank Aktiengesellschaft began coverage on shares of Advanced Drainage Systems in a research note on Wednesday. They issued a "buy" rating on the stock. Robert W. Baird raised their target price on shares of Advanced Drainage Systems from $119.00 to $170.00 and gave the company an "outperform" rating in a research note on Friday, August 5th. Finally, Morgan Stanley dropped their price target on shares of Advanced Drainage Systems from $142.00 to $120.00 and set an "overweight" rating on the stock in a research note on Tuesday, June 28th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, Advanced Drainage Systems has an average rating of "Moderate Buy" and a consensus target price of $144.50.

Insider Transactions at Advanced Drainage Systems

In other news, EVP Darin S. Harvey sold 5,985 shares of the business's stock in a transaction dated Friday, August 12th. The shares were sold at an average price of $147.98, for a total value of $885,660.30. Following the completion of the sale, the executive vice president now owns 4,600 shares of the company's stock, valued at approximately $680,708. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Brian W. King sold 1,870 shares of Advanced Drainage Systems stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $140.98, for a total value of $263,632.60. Following the completion of the transaction, the executive vice president now directly owns 3,583 shares of the company's stock, valued at approximately $505,131.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Darin S. Harvey sold 5,985 shares of the business's stock in a transaction dated Friday, August 12th. The shares were sold at an average price of $147.98, for a total transaction of $885,660.30. Following the transaction, the executive vice president now directly owns 4,600 shares of the company's stock, valued at $680,708. The disclosure for this sale can be found here. In the last 90 days, insiders sold 403,913 shares of company stock valued at $45,944,459. Insiders own 9.33% of the company's stock.

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WMS Stock News Headlines

3 Highly-Ranked Stocks Crushing the S&P 500 in 2022
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Is This "Military Tech Crisis" About To Spark A $15B Boom For Investors?
This is a National Emergency. Right now, China controls a CRITICAL resource that we need for our planes, missiles, vehicles, and weapons. However, executive orders from Biden and Trump are forcing China out of the game...
Expert Ratings for Advanced Drainage Systems
Where Advanced Drainage Systems Stands With Analysts
See More Headlines
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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
8/18/2022
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
$152.00
High Stock Price Forecast
$182.00
Low Stock Price Forecast
$120.00
Forecasted Upside/Downside
+2.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$271.33 million
Pretax Margin
17.34%

Debt

Sales & Book Value

Annual Sales
$2.77 billion
Cash Flow
$5.56 per share
Book Value
$12.06 per share

Miscellaneous

Free Float
75,774,000
Market Cap
$12.36 billion
Optionable
Optionable
Beta
1.51

Social Links


Key Executives

  • Mr. Donald Scott Barbour (Age 59)
    CEO, Pres & Director
    Comp: $2.6M
  • Mr. Scott A. Cottrill (Age 56)
    Exec. VP, CFO, Sec. & Treasurer
    Comp: $1.4M
  • Mr. Kevin C. TalleyMr. Kevin C. Talley (Age 50)
    Exec. VP & Chief Admin. Officer
    Comp: $950.04k
  • Mr. Darin S. HarveyMr. Darin S. Harvey (Age 52)
    Exec. VP of Supply Chain
    Comp: $952.79k
  • Mr. Roy E. Moore Jr. (Age 65)
    Exec. VP
    Comp: $1.1M
  • Mr. Tim A. MakowskiMr. Tim A. Makowski (Age 44)
    Chief Accounting Officer, VP & Controller
  • Mr. Michael Higgins
    VP of Corp. Strategy & Investor Relations
  • Mr. Brian W. King (Age 53)
    Exec. VP of Product Management & Marketing
  • Mr. Michael G. Huebert (Age 50)
    Sr. VP of Sales
  • Mr. Robert M. Klein (Age 59)
    Exec. VP, Market Management













WMS Stock - Frequently Asked Questions

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

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Advanced Drainage Systems in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street 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?

6 Wall Street analysts have issued 12 month price objectives for Advanced Drainage Systems' shares. Their WMS share price forecasts range from $120.00 to $170.00. On average, they predict the company's stock price to reach $144.50 in the next year. This suggests a possible upside of 0.5% from the stock's current price.
View analysts price targets for WMS
or view top-rated stocks among Wall Street analysts.

How have WMS shares performed in 2022?

Advanced Drainage Systems' stock was trading at $136.13 at the beginning of 2022. Since then, WMS stock has increased by 5.6% and is now trading at $143.72.
View the best growth stocks for 2022 here
.

Are investors shorting Advanced Drainage Systems?

Advanced Drainage Systems saw a increase in short interest in July. As of July 31st, there was short interest totaling 1,960,000 shares, an increase of 27.3% from the July 15th total of 1,540,000 shares. Based on an average daily trading volume, of 655,400 shares, the days-to-cover ratio is presently 3.0 days.
View Advanced Drainage Systems' Short Interest
.

When is Advanced Drainage Systems' next earnings date?

The company 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) released its quarterly earnings data on Thursday, August, 4th. The construction company reported $2.22 EPS for the quarter, topping the consensus estimate of $1.00 by $1.22. The construction company had revenue of $914.20 million for the quarter, compared to the consensus estimate of $849.39 million. Advanced Drainage Systems had a net margin of 12.65% and a trailing twelve-month return on equity of 47.99%. The firm's revenue was up 36.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.87 earnings per share.

How often does Advanced Drainage Systems pay dividends? What is the dividend yield for Advanced Drainage Systems?

Advanced Drainage Systems announced 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 dividend on an annualized basis and a yield of 0.33%. 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 0.31%. 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 7.03% 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 updated its FY 2023 earnings guidance on Thursday, August, 18th. The company provided earnings per share (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 many different institutional and retail investors. Top institutional shareholders include Artisan Partners Limited Partnership (2.73%), JPMorgan Chase & Co. (1.81%), Pictet Asset Management SA (1.53%), Allspring Global Investments Holdings LLC (1.35%), State Street Corp (1.37%) and Loomis Sayles & Co. L P (1.12%). Insiders that own company stock include Alexander R Fischer, Anil Seetharam, Berkshire Partners Holdings Ll, Brian W King, 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 $143.72.

How much money does Advanced Drainage Systems make?

Advanced Drainage Systems (NYSE:WMS) has a market capitalization of $12.01 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?

The company 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 8/18/2022 by MarketBeat.com Staff

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