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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 7 analysts
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]
0.18% less ownership
Funds ownership: 84.16% [Q2] → 83.98% (-0.18%) [Q3]
2% less capital invested
Capital invested by funds: $10.4B [Q2] → $10.2B (-$190M) [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
15% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 73
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$135
8%
upside
Avg. target
$164
30%
upside
High target
$184
47%
upside
7 analyst ratings
6 positive
86%
1 neutral
14%
0 negative
0%
Barclays Matthew Bouley 44% 1-year accuracy 30 / 68 met price target | 28%upside $160 | Overweight Maintained | 16 Jan 2025 |
UBS John Lovallo 52% 1-year accuracy 13 / 25 met price target | 24%upside $155 | Buy Upgraded | 8 Jan 2025 |
Stephens & Co. Trey Grooms 65% 1-year accuracy 15 / 23 met price target | 8%upside $135 | Equal-Weight Downgraded | 13 Nov 2024 |
Loop Capital Garik Shmois 60% 1-year accuracy 12 / 20 met price target | 35%upside $170 | Buy Maintained | 11 Nov 2024 |
Keybanc Jeffrey Hammond 51% 1-year accuracy 19 / 37 met price target | 43%upside $180 | Overweight Maintained | 11 Nov 2024 |
Financial journalist opinion
Based on 3 articles about WMS published over the past 30 days
Neutral
Business Wire
5 days ago
Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2025 Results on February 6, 2025
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal third quarter ended December 31, 2024, before the market opens on February 6, 2025. President and Chief Executive Officer, Scott Barbour,.
Negative
Zacks Investment Research
1 week ago
New Strong Sell Stocks for January 13th
NGLOY, WMS and ALRS have been added to the Zacks Rank #5 (Strong Sell) List on January 13, 2024.
Positive
Seeking Alpha
4 weeks ago
Advanced Drainage Systems: A Good Medium-Term Bet
Advanced Drainage Systems is poised for near-term growth, driven by strong residential and infrastructure end markets, despite challenges in the non-residential sector. The growth should accelerate once the non-residential market starts recovering, catalyzed by the interest rate cycle reversal. Targeted price increases and cost reduction initiatives should help margins, with further improvements likely once non-residential end markets improve.
Neutral
Business Wire
1 month ago
The ADS Foundation Deposits $5 Million into Adelphi Bank
HILLIARD, Ohio--(BUSINESS WIRE)--The ADS Foundation announced a $5 million deposit into Adelphi Bank, a Black-owned financial institution with a commitment to serving the community.
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for November 26th
AHEXY, WMS and ASH have been added to the Zacks Rank #5 (Strong Sell) List on November 26, 2024.
Negative
Zacks Investment Research
2 months ago
New Strong Sell Stocks for November 15th
ADNT, WMS and BATRA have been added to the Zacks Rank #5 (Strong Sell) List on November 15, 2024.
Neutral
Seeking Alpha
2 months ago
Advanced Drainage Systems, Inc. (WMS) Q2 2025 Earnings Call Transcript
Advanced Drainage Systems, Inc. (NYSE:WMS ) Q2 2025 Earnings Call Transcript November 8, 2024 10:00 AM ET Company Participants Michael Higgins - VP of IR and Corporate Strategy Scott Barbour - President and CEO Scott Cottrill - CFO Conference Call Participants Mike Halloran - Baird Matthew Bouley - Barclays Garik Shmois - Loop Capital Bryan Blair - Oppenheimer Ethan Roberts - Stephens John Lovallo - UBS Ryan Connors - Northcoast Research Partners David Tarantino - KeyBanc Capital Markets Operator Good morning, ladies and gentlemen, and welcome to Advanced Drainage Systems Second Quarter of Fiscal Year 2025 Results Conference Call. My name is Regina, and I am your operator for today's call.
Negative
Zacks Investment Research
2 months ago
Advanced Drainage Systems (WMS) Misses Q2 Earnings and Revenue Estimates
Advanced Drainage Systems (WMS) came out with quarterly earnings of $1.70 per share, missing the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.71 per share a year ago.
Neutral
Business Wire
2 months ago
Advanced Drainage Systems Announces Quarterly Cash Dividend
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the “Board”) has approved a quarterly cash dividend to its shareholders in the amount of $0.16 per share, a 14% increase over the prior year dividend amount. Scott Barbour, President and Chief Executive Officer of Advanced Drainag.
Neutral
Business Wire
2 months ago
Advanced Drainage Systems Announces Second Quarter Fiscal 2025 Results
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal second quarter ended September 30, 2024. Second Quarter Fiscal 2025 Results Net sales of $782.6 million, flat to prior year Net income decreased 4.3% to $131.2 million Net income per diluted share decreased 2.3% to $1.67 Adjusted.
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