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 6,809 funds
0
Analysts bullish %
of 6 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]
0.17% 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
Low target
$135
17%
upside
Avg. target
$167
45%
upside
High target
$184
60%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
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 |
Financial journalist opinion
Neutral
Business Wire
2 weeks 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
3 weeks 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
1 month 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
1 month 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
1 month 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
1 month 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
1 month 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.
Neutral
PRNewsWire
1 month ago
Advanced Drainage Systems Hosts Grand Opening Ceremony for Engineering and Technology Center in Hilliard, Ohio
Lt. Governor Jon Husted joins state and local government, and economic development officials in event to celebrate the opening of the largest stormwater engineering center in the world HILLIARD, Ohio , Oct. 23, 2024 /PRNewswire/ -- 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, celebrated the opening of the $65 million ADS Engineering and Technology Center. The 110,000-square-foot research and testing facility is the largest stormwater engineering center in the world and is located in Hilliard, Ohio, near the company's headquarters.
Neutral
Business Wire
2 months ago
Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2025 Results on November 8, 2024
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 second quarter ended September 30, 2024, before the market opens on November 8, 2024. President and Chief Executive Officer, Scott Barbou.
Neutral
Business Wire
3 months ago
Advanced Drainage Systems Announces Partnership with Geoplast
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, and Geoplast, an Italian leader in recycled plastic solutions for sustainable construction products, entered into a strategic partnership to distribute Aquabox, a modular, high-capacity stormwater retention/detention system in the United States. The Aquabox product line is des.
Charts implemented using Lightweight Charts™