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. Shareholders 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 yield of 0.72%. The ex-dividend date is Friday, February 28th. View Advanced Drainage Systems' Dividend History.

Advanced Drainage Systems Inc (NYSE:WMS) announced its quarterly earnings data on Thursday, February, 6th. The construction company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.03. The construction company earned $393.40 million during the quarter, compared to analyst estimates of $392.60 million. Advanced Drainage Systems had a negative net margin of 12.43% and a positive return on equity of 16.13%. The business's revenue for the quarter was up 23.6% compared to the same quarter last year. During the same quarter in the prior year, the company 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 analysts have issued 1 year target prices for Advanced Drainage Systems' shares. Their forecasts range from $45.00 to $68.00. On average, they anticipate Advanced Drainage Systems' share price to reach $51.25 in the next year. This suggests a possible upside of 3.0% 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 stories about WMS stock have trended extremely negative recently, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. 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 media sentiment score of -5.0 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Advanced Drainage Systems.

Advanced Drainage Systems saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 1,650,000 shares, a drop 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 days-to-cover ratio is currently 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 Exxon Mobil (XOM), Occidental Petroleum (OXY), Pfizer (PFE), Virtu Financial (VIRT), JPMorgan Chase & Co. (JPM), Phillips 66 (PSX), Boeing (BA), Carnival (CCL), Energy Transfer LP Unit (ET) and Altria Group (MO).

Advanced Drainage Systems' stock is owned by a variety of of institutional and retail investors. Top institutional investors 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, State Street Corp and Candriam Luxembourg S.C.A.. 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 $49.75.

Advanced Drainage Systems has a market capitalization of $4.29 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]