Advanced Drainage Systems, Inc. (NYSE:WMS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Advanced Drainage Systems, Inc. (NYSE:WMS) has been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $152.5556.

Several equities research analysts recently issued reports on WMS shares. UBS Group reissued a “buy” rating and issued a $167.00 target price (up from $146.00) on shares of Advanced Drainage Systems in a research report on Friday, August 8th. KeyCorp raised their target price on shares of Advanced Drainage Systems from $140.00 to $159.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. Robert W. Baird set a $166.00 price target on shares of Advanced Drainage Systems in a research report on Friday, August 8th. Barclays lifted their price target on shares of Advanced Drainage Systems from $135.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Finally, Royal Bank Of Canada assumed coverage on shares of Advanced Drainage Systems in a research report on Monday, August 11th. They set an “outperform” rating and a $159.00 price target on the stock.

Advanced Drainage Systems Price Performance

WMS opened at $142.52 on Friday. The company’s 50 day simple moving average is $137.11 and its 200 day simple moving average is $120.94. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.25 and a current ratio of 3.22. Advanced Drainage Systems has a 1 year low of $93.92 and a 1 year high of $166.03. The stock has a market capitalization of $11.08 billion, a PE ratio of 25.72, a P/E/G ratio of 1.89 and a beta of 1.32.

Advanced Drainage Systems (NYSE:WMS) last released its earnings results on Thursday, August 7th. The construction company reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.17. Advanced Drainage Systems had a net margin of 14.82% and a return on equity of 29.57%. The business had revenue of $829.88 million for the quarter, compared to analysts’ expectations of $800.54 million. During the same period last year, the company earned $2.06 earnings per share. The company’s quarterly revenue was up 1.8% on a year-over-year basis. Advanced Drainage Systems has set its FY 2026 guidance at EPS. As a group, sell-side analysts expect that Advanced Drainage Systems will post 6.1 EPS for the current year.

Advanced Drainage Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, August 29th. Advanced Drainage Systems’s payout ratio is 13.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in WMS. GAMMA Investing LLC raised its holdings in Advanced Drainage Systems by 22.0% in the third quarter. GAMMA Investing LLC now owns 1,373 shares of the construction company’s stock valued at $190,000 after acquiring an additional 248 shares in the last quarter. Cullen Capital Management LLC raised its holdings in Advanced Drainage Systems by 30.0% in the second quarter. Cullen Capital Management LLC now owns 6,011 shares of the construction company’s stock valued at $690,000 after acquiring an additional 1,386 shares in the last quarter. Valeo Financial Advisors LLC raised its holdings in Advanced Drainage Systems by 136.4% in the second quarter. Valeo Financial Advisors LLC now owns 5,311 shares of the construction company’s stock valued at $610,000 after acquiring an additional 3,064 shares in the last quarter. Osaic Holdings Inc. raised its holdings in Advanced Drainage Systems by 5.4% in the second quarter. Osaic Holdings Inc. now owns 15,387 shares of the construction company’s stock valued at $1,767,000 after acquiring an additional 794 shares in the last quarter. Finally, MASTERINVEST Kapitalanlage GmbH acquired a new stake in Advanced Drainage Systems in the second quarter valued at $1,321,000. 89.83% of the stock is owned by institutional investors and hedge funds.

Advanced Drainage Systems Company Profile

Advanced Drainage Systems, Inc designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in North America and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems; EZflow synthetic aggregate bundles; wastewater purification through mechanical aeration wastewater for residential and commercial systems; septic tanks and accessories; combined treatment and dispersal systems, including advanced enviro-septic and advanced treatment leachfield systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators.