Advanced Drainage Systems Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advanced Drainage Systems in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Advanced Drainage Systems stock.
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Advanced Drainage Systems saw a increase in short interest during the month of August. As of August 13th, there was short interest totaling 1,120,000 shares, an increase of 18.2% from the July 29th total of 947,300 shares. Based on an average daily volume of 518,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.1% of the shares of the company are short sold.
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Advanced Drainage Systems is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Advanced Drainage Systems.

Advanced Drainage Systems, Inc. (NYSE:WMS) posted its earnings results on Thursday, August, 5th. The construction company reported $0.87 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.24 by $0.37. The construction company earned $669.30 million during the quarter. Advanced Drainage Systems had a net margin of 10.66% and a trailing twelve-month return on equity of 29.63%.
View Advanced Drainage Systems' earnings history.

Advanced Drainage Systems' stock was trading at $40.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WMS stock has increased by 158.9% and is now trading at $106.10.
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Advanced Drainage Systems announced a quarterly dividend on Thursday, August 5th. Shareholders of record on Wednesday, September 1st will be given a dividend of $0.11 per share on Wednesday, September 15th. This represents a $0.44 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend is Tuesday, August 31st.
View Advanced Drainage Systems' dividend history.

Advanced Drainage Systems pays an annual dividend of $0.44 per share and currently has a dividend yield of 0.42%. The dividend payout ratio of Advanced Drainage Systems is 16.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Advanced Drainage Systems will have a dividend payout ratio of 8.54% next year. This indicates that Advanced Drainage Systems will be able to sustain or increase its dividend.
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Advanced Drainage Systems issued an update on its FY 2022 earnings guidance on Thursday, September, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.50 billion-$2.60 billion, compared to the consensus revenue estimate of $2.27 billion.

3 analysts have issued 1 year target prices for Advanced Drainage Systems' shares. Their forecasts range from $115.00 to $130.00. On average, they expect Advanced Drainage Systems' share price to reach $124.00 in the next year. This suggests a possible upside of 16.9% from the stock's current price.
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39 employees have rated Advanced Drainage Systems CEO Joe Chlapaty on Glassdoor.com. Joe Chlapaty has an approval rating of 54% among Advanced Drainage Systems' 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.

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

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

Advanced Drainage Systems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.68%), BlackRock Inc. (4.12%), Impax Asset Management Group plc (3.75%), Jefferies Group LLC (0.00%), Invesco Ltd. (3.77%) and Artisan Partners Limited Partnership (2.65%). Company insiders that own Advanced Drainage Systems stock include Alexander R Fischer, Berkshire Partners Holdings Ll, Darin S Harvey, Ewout Leeuwenburg, Joseph A Chlapaty, Mark Haney, Robert M Eversole, Robert M Klein, Ronald R Vitarelli, Ross M Jones 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 BlackRock Inc., JPMorgan Chase & Co., Victory Capital Management Inc., Nuveen Asset Management LLC, Northern Trust Corp, State Street Corp, Westfield Capital Management Co. LP, and Geode Capital Management LLC. Company insiders that have sold Advanced Drainage Systems company stock in the last year include Berkshire Partners Holdings Ll, Darin S Harvey, Mark Haney, Robert M Eversole, Robert M Klein, Ross M Jones, and Tim A Makowski.
View insider buying and selling activity for Advanced Drainage Systems or view top insider-selling stocks.

WMS stock was acquired by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Artisan Partners Limited Partnership, Atlanta Capital Management Co. L L C, Baird Financial Group Inc., Invesco Ltd., Wells Fargo & Company MN, Artemis Investment Management LLP, and Millennium Management LLC. Company insiders that have bought Advanced Drainage Systems stock in the last two years include Berkshire Partners Holdings Ll, and Ross M Jones.
View insider buying and selling activity for Advanced Drainage Systems or or view top insider-buying stocks.

Shares of WMS 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.
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One share of WMS stock can currently be purchased for approximately $106.10.

Advanced Drainage Systems has a market capitalization of $7.49 billion and generates $1.98 billion in revenue each year. The construction company earns $224.23 million in net income (profit) each year or $2.59 on an earnings per share basis.

Advanced Drainage Systems employs 5,000 workers across the globe.

Advanced Drainage Systems was founded in 1966.

The official website for Advanced Drainage Systems is www.ads-pipe.com.

Advanced Drainage Systems is headquartered at 4640 TRUEMAN BOULEVARD, HILLIARD OH, 43026.

Advanced Drainage Systems' mailing address is 4640 TRUEMAN BOULEVARD, HILLIARD OH, 43026. The construction company can be reached via phone at (800) 821-6710 or via email at [email protected]