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

Advanced Drainage Systems announced that its board has authorized a stock repurchase plan on Thursday, April 6th 2017, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

Advanced Drainage Systems Inc (NYSE:WMS) released its quarterly earnings results on Tuesday, May, 29th. The construction company reported ($0.11) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.05. The construction company earned $250.10 million during the quarter, compared to the consensus estimate of $253.38 million. Advanced Drainage Systems had a return on equity of 47.40% and a net margin of 4.62%. The company's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($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 brokerages have issued 1-year price objectives for Advanced Drainage Systems' stock. Their forecasts range from $26.00 to $32.00. On average, they anticipate 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).

Headlines about WMS stock have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Advanced Drainage Systems earned a media sentiment score of 0.17 on Accern's scale. They also gave media stories about the construction company an impact score of 45.94 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Advanced Drainage Systems' stock is owned by a number of of institutional and retail 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 purchased 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]