Advanced Drainage Systems
About: Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.
Employees: 5,705
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
191% more call options, than puts
Call options by funds: $43M | Put options by funds: $14.8M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
0.17% less ownership
Funds ownership: 83.82% [Q2] → 83.65% (-0.17%) [Q3]
2% less capital invested
Capital invested by funds: $10.4B [Q2] → $10.2B (-$188M) [Q3]
3% less funds holding
Funds holding: 495 [Q2] → 478 (-17) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 187
22% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 79
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Stephens & Co. Trey Grooms 78% 1-year accuracy 18 / 23 met price target | 17%upside $135 | Equal-Weight Downgraded | 13 Nov 2024 |
Loop Capital Garik Shmois 68% 1-year accuracy 13 / 19 met price target | 48%upside $170 | Buy Maintained | 11 Nov 2024 |
Barclays Matthew Bouley 34% 1-year accuracy 21 / 61 met price target | 49%upside $172 | Overweight Maintained | 11 Nov 2024 |
Keybanc Jeffrey Hammond 54% 1-year accuracy 20 / 37 met price target | 56%upside $180 | Overweight Maintained | 11 Nov 2024 |
Oppenheimer Bryan Blair 63% 1-year accuracy 25 / 40 met price target | 60%upside $184 | Outperform Maintained | 11 Nov 2024 |