NYSE:WMS Advanced Drainage Systems Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Advanced Drainage Systems Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $58.51 -0.74 (-1.25 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$58.07Now: $58.51▼$60.6350-Day Range$49.00MA: $55.73▼$59.6652-Week Range$22.13Now: $58.51▼$61.65Volume1.27 million shsAverage Volume453,358 shsMarket Capitalization$4.07 billionP/E Ratio47.96Dividend Yield0.61%Beta1.5 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in the United States and internationally. The company offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage. The company offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 30 distribution centers in approximately 80 countries. Advanced Drainage Systems, Inc. was founded in 1966 and is headquartered in Hilliard, Ohio.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingAdvanced Drainage Systems has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $49.40, Advanced Drainage Systems has a forecasted downside of 15.6% from its current price of $58.51.Amount of Analyst CoverageAdvanced Drainage Systems has only been the subject of 1 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesAdvanced Drainage Systems has received 297 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAdvanced Drainage Systems has received 496 “underperform” votes. (Add your “underperform” vote.)Community SentimentAdvanced Drainage Systems has received 62.55% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Advanced Drainage Systems and other stocks. Vote “Outperform” if you believe WMS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WMS will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldAdvanced Drainage Systems has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthAdvanced Drainage Systems has been increasing its dividend for 5 years.Dividend SustainabilityBased on earnings estimates, Advanced Drainage Systems will have a dividend payout ratio of 15.38% next year. This indicates that Advanced Drainage Systems will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Advanced Drainage Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,874,640.00 in company stock.Percentage Held by InsidersOnly 20.74% of the stock of Advanced Drainage Systems is held by insiders.Percentage Held by Institutions84.14% of the stock of Advanced Drainage Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Advanced Drainage Systems are expected to decrease by -3.70% in the coming year, from $2.43 to $2.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Advanced Drainage Systems is 47.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Advanced Drainage Systems is 47.96, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 28.83.Price to Earnings Growth RatioAdvanced Drainage Systems has a PEG Ratio of 0.50. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAdvanced Drainage Systems has a P/B Ratio of 9.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 1.9Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.41 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Plastics foam products Sub-IndustryCasinos & Gaming SectorConstruction Current SymbolNYSE:WMS Previous Symbol CUSIP92929710 CIK1604028 Webwww.ads-pipe.com Phone614-658-0050Debt Debt-to-Equity Ratio1.81 Current Ratio2.82 Quick Ratio1.89Price-To-Earnings Trailing P/E Ratio47.96 Forward P/E Ratio24.08 P/E Growth0.5 Sales & Book Value Annual Sales$1.67 billion Price / Sales2.43 Cash FlowN/A Price / Cash FlowN/A Book Value$5.98 per share Price / Book9.78Profitability EPS (Most Recent Fiscal Year)($3.21) Net Income$-193,170,000.00 Net Margins5.71% Return on Equity19.10% Return on Assets4.33%Miscellaneous Employees4,950 Outstanding Shares69,546,000Market Cap$4.07 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $58.51 -0.74 (-1.25 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive WMS News and Ratings via Email Sign-up to receive the latest news and ratings for WMS and its competitors with MarketBeat's FREE daily newsletter. Advanced Drainage Systems (NYSE:WMS) Frequently Asked Questions How has Advanced Drainage Systems' stock price been impacted by COVID-19 (Coronavirus)? Advanced Drainage Systems' stock was trading at $40.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WMS shares have increased by 42.8% and is now trading at $58.51. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Advanced Drainage Systems? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Drainage Systems in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Advanced Drainage Systems. When is Advanced Drainage Systems' next earnings date? Advanced Drainage Systems is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for Advanced Drainage Systems. How were Advanced Drainage Systems' earnings last quarter? Advanced Drainage Systems Inc (NYSE:WMS) announced its earnings results on Thursday, August, 6th. The construction company reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.65 by $0.18. The construction company had revenue of $508.60 million for the quarter, compared to analysts' expectations of $492.59 million. Advanced Drainage Systems had a net margin of 5.71% and a return on equity of 19.10%. Advanced Drainage Systems's revenue was up 22.9% on a year-over-year basis. During the same period in the previous year, the company posted ($4.06) earnings per share. View Advanced Drainage Systems' earnings history. How often does Advanced Drainage Systems pay dividends? What is the dividend yield for Advanced Drainage Systems? Advanced Drainage Systems declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.09 per share on Tuesday, September 15th. This represents a $0.36 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend is Monday, August 31st. View Advanced Drainage Systems' dividend history. What price target have analysts set for WMS? 6 Wall Street analysts have issued 12 month price objectives for Advanced Drainage Systems' shares. Their forecasts range from $45.00 to $57.00. On average, they anticipate Advanced Drainage Systems' share price to reach $49.40 in the next year. This suggests that the stock has a possible downside of 15.6%. View analysts' price targets for Advanced Drainage Systems. Are investors shorting Advanced Drainage Systems? Advanced Drainage Systems saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,360,000 shares, a drop of 13.4% from the August 15th total of 1,570,000 shares. Based on an average daily trading volume, of 415,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.7% of the shares of the company are short sold. View Advanced Drainage Systems' Short Interest. Who are some of Advanced Drainage Systems' key competitors? Some companies that are related to Advanced Drainage Systems include Las Vegas Sands (LVS), MGM Resorts International (MGM), Penn National Gaming (PENN), Wynn Resorts (WYNN), Churchill Downs (CHDN), Caesars Entertainment (CZR), Scientific Games (SGMS), Boyd Gaming (BYD), International Game Technology (IGT) and Monarch Casino & Resort (MCRI). View all competitors. 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), Activision Blizzard (ATVI), NVIDIA (NVDA), AbbVie (ABBV), Comcast (CMCSA), Etsy (ETSY), Intel (INTC), JD.Com (JD) and Prologis (PLD). Who are Advanced Drainage Systems' key executives? Advanced Drainage Systems' management team includes the following people: Mr. Donald Scott Barbour, CEO, Pres & DirectorMr. Scott A. Cottrill, Exec. VP, CFO, Sec. & Treasurer (Age 53)Mr. Robert M. Klein, Exec. VP of Sales (Age 56)Mr. Ronald R. Vitarelli, Exec. VP of Engineering & Bus. Devel. (Age 52)Mr. Thomas M. Fussner, Consultant (Age 62) 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 a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.51%), Beck Mack & Oliver LLC (1.55%), Victory Capital Management Inc. (1.48%), FIL Ltd (1.38%), Nuveen Asset Management LLC (1.12%) and Federated Hermes Inc. (1.05%). Company insiders that own Advanced Drainage Systems stock include Alexander R Fischer, Berkshire Partners Holdings Ll, Ewout Leeuwenburg, Joseph A Chlapaty, 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. Which major investors are selling Advanced Drainage Systems stock? WMS stock was sold by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Robecosam AG, ArrowMark Colorado Holdings LLC, Principal Financial Group Inc., Principal Financial Group Inc., Two Sigma Advisers LP, Fifth Third Bancorp, and Schonfeld Strategic Advisors LLC. Company insiders that have sold Advanced Drainage Systems company stock in the last year include Alexander R Fischer, Ewout Leeuwenburg, Joseph A Chlapaty, Robert M Klein, Ronald R Vitarelli, and Tim A Makowski. View insider buying and selling activity for Advanced Drainage Systems. Which major investors are buying Advanced Drainage Systems stock? WMS stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Federated Hermes Inc., Bank of America Corp DE, Vanguard Group Inc., Candriam Luxembourg S.C.A., Canada Pension Plan Investment Board, Healthcare of Ontario Pension Plan Trust Fund, and First Trust Advisors LP. 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. How do I buy shares of 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. What is Advanced Drainage Systems' stock price today? One share of WMS stock can currently be purchased for approximately $58.51. How big of a company is Advanced Drainage Systems? Advanced Drainage Systems has a market capitalization of $4.07 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. What is Advanced Drainage Systems' official website? The official website for Advanced Drainage Systems is www.ads-pipe.com. How can I contact Advanced Drainage Systems? 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] This page was last updated on 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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