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

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

Advanced Drainage Systems announced a quarterly dividend on Thursday, February 6th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.09 per share on Monday, March 16th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date of this dividend is Friday, February 28th. View Advanced Drainage Systems' Dividend History.

Advanced Drainage Systems Inc (NYSE:WMS) posted its quarterly earnings data on Thursday, February, 6th. The construction company reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.03. The construction company had revenue of $393.40 million for the quarter, compared to the consensus estimate of $392.60 million. Advanced Drainage Systems had a positive return on equity of 16.13% and a negative net margin of 12.43%. The company's revenue was up 23.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.25 earnings per share. View Advanced Drainage Systems' Earnings History.

Advanced Drainage Systems is scheduled to release their next quarterly earnings announcement on Thursday, May 28th 2020. View Earnings Estimates for Advanced Drainage Systems.

Advanced Drainage Systems updated its FY 2020 Pre-Market earnings guidance on Thursday, February, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.6-1.65 billion, compared to the consensus revenue estimate of $1.63 billion.

4 brokerages have issued 12-month price targets for Advanced Drainage Systems' shares. Their forecasts range from $45.00 to $68.00. On average, they expect Advanced Drainage Systems' share price to reach $51.25 in the next twelve months. This suggests a possible upside of 6.1% 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Advanced Drainage Systems.

Media coverage about WMS stock has been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Advanced Drainage Systems earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Advanced Drainage Systems.

Advanced Drainage Systems saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,650,000 shares, a decrease of 8.8% from the January 15th total of 1,810,000 shares. Based on an average daily trading volume, of 341,300 shares, the short-interest ratio is presently 4.8 days. Approximately 3.2% of the company's shares are sold short. View Advanced Drainage Systems' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Advanced Drainage Systems investors own include Occidental Petroleum (OXY), Pfizer (PFE), Virtu Financial (VIRT), JPMorgan Chase & Co. (JPM), Phillips 66 (PSX), Exxon Mobil (XOM), Boeing (BA), Carnival (CCL), Energy Transfer LP Unit (ET) and Altria Group (MO).

Advanced Drainage Systems' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Pictet Asset Management Ltd. (1.83%), Beck Mack & Oliver LLC (1.41%), Cramer Rosenthal Mcglynn LLC (1.04%), State Street Corp (1.28%), Renaissance Technologies LLC (0.92%) and FIL Ltd (1.11%). Company insiders that own Advanced Drainage Systems stock include Alexander R Fischer, Berkshire Partners Holdings Ll, Ewout Leeuwenburg, Joseph A Chlapaty, Ronald R Vitarelli, Ross M Jones, Roy E Jr Moore, Thomas M Fussner 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 White Elm Capital LLC, Bank of New York Mellon Corp, UBS Group AG, SG Americas Securities LLC, PNC Financial Services Group Inc., Jane Street Group LLC, ArrowMark Colorado Holdings LLC and Goldman Sachs Group Inc.. Company insiders that have sold Advanced Drainage Systems company stock in the last year include Alexander R Fischer, Ewout Leeuwenburg, Joseph A Chlapaty, Ronald R Vitarelli and Tim A Makowski. View Insider Buying and Selling for Advanced Drainage Systems.

WMS stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FIL Ltd, Principal Financial Group Inc., Castleark Management LLC, Loomis Sayles & Co. L P, Robecosam AG, Robecosam AG and State Street Corp. 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 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 $48.29.

Advanced Drainage Systems has a market capitalization of $4.16 billion and generates $1.38 billion in revenue each year. The construction company earns $77.77 million in net income (profit) each year or $1.22 on an earnings per share basis. Advanced Drainage Systems employs 4,400 workers across the globe.View Additional Information About Advanced Drainage Systems.

The official website for Advanced Drainage Systems is http://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]