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 1.11%. The ex-dividend date of this dividend is Monday, June 4th. This is an increase from Advanced Drainage Systems's previous quarterly dividend of $0.07. View Advanced Drainage Systems' Dividend History.

Advanced Drainage Systems announced that its Board of Directors has authorized a stock buyback 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 repurchase up to 3.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its shares are undervalued.

Advanced Drainage Systems Inc (NYSE:WMS) announced its earnings results on Tuesday, May, 29th. The construction company reported ($0.11) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.05. The construction company had revenue of $250.10 million for the quarter, compared to the consensus estimate of $253.38 million. Advanced Drainage Systems had a net margin of 4.62% and a return on equity of 47.40%. The firm'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 Wednesday, August, 1st 2018. View Earnings Estimates for Advanced Drainage Systems.

4 equities research analysts have issued 12-month target prices for Advanced Drainage Systems' shares. Their predictions range from $26.00 to $32.00. On average, they expect Advanced Drainage Systems' stock price to reach $29.00 in the next twelve months. View Analyst Ratings for Advanced Drainage Systems.

Some companies that are related to Advanced Drainage Systems include WEIR Grp PLC/S (WEGRY), Spirax-Sarco Engineering (SPXSF), USG (USG), Toll Brothers (TOL), Bellway (BLWYY), Eagle Materials (EXP), Aecom (ACM), Quanta Services (PWR), Floor & Decor (FND), Thor Industries (THO), Acuity Brands (AYI), Babcock International (BCKIY), Rayonier (RYN), CHINA COMMUNICA/ADR (CCCGY) and Emcor Group (EME).

News coverage about WMS stock has trended somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than twenty million blog and news sources in real-time. 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 0.14 on Accern's scale. They also gave media stories about the construction company an impact score of 46.91 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Advanced Drainage Systems' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.22%), JPMorgan Chase & Co. (2.40%), Dimensional Fund Advisors LP (1.47%), Northern Trust Corp (0.83%), PNC Financial Services Group Inc. (0.76%) and Lord Abbett & CO. LLC (0.71%). 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 Russell Investments Group Ltd., Amundi Pioneer Asset Management Inc., Citadel Advisors LLC, Lord Abbett & CO. LLC, Comerica Bank, Principal Financial Group Inc., Principal Financial Group Inc. and Sei Investments Co.. 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 bought by a variety of institutional investors in the last quarter, including KBC Group NV, Dimensional Fund Advisors LP, Monarch Partners Asset Management LLC, Federated Investors Inc. PA, Millennium Management LLC, JPMorgan Chase & Co., Intrinsic Edge Capital Management LLC and Algert Global LLC. 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 $28.90.

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]