Advanced Drainage Systems (WMS) Projected to Post Earnings on Thursday

Advanced Drainage Systems (NYSE:WMSGet Free Report) is anticipated to issue its Q1 2027 results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $2.10 per share and revenue of $992.5160 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2027 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Advanced Drainage Systems (NYSE:WMSGet Free Report) last issued its earnings results on Thursday, May 21st. The construction company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.95 by $0.12. Advanced Drainage Systems had a return on equity of 26.63% and a net margin of 13.98%.The company had revenue of $676.76 million during the quarter, compared to the consensus estimate of $651.92 million. During the same period last year, the business posted $1.03 EPS. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. On average, analysts expect Advanced Drainage Systems to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Advanced Drainage Systems Stock Up 4.9%

WMS stock opened at $145.20 on Tuesday. The stock’s 50 day simple moving average is $143.15 and its 200 day simple moving average is $148.18. Advanced Drainage Systems has a fifty-two week low of $112.67 and a fifty-two week high of $179.32. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.35 and a current ratio of 2.42. The company has a market cap of $11.13 billion, a P/E ratio of 26.69, a price-to-earnings-growth ratio of 1.49 and a beta of 1.27.

Advanced Drainage Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.20 per share. This is a positive change from Advanced Drainage Systems’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, June 1st. Advanced Drainage Systems’s dividend payout ratio is presently 14.71%.

Institutional Investors Weigh In On Advanced Drainage Systems

Several institutional investors have recently bought and sold shares of the stock. Wellington Management Group LLP lifted its position in shares of Advanced Drainage Systems by 234.0% during the third quarter. Wellington Management Group LLP now owns 1,188,906 shares of the construction company’s stock worth $164,901,000 after acquiring an additional 832,929 shares in the last quarter. Amundi raised its stake in shares of Advanced Drainage Systems by 80.9% during the 4th quarter. Amundi now owns 1,279,576 shares of the construction company’s stock valued at $185,324,000 after purchasing an additional 572,193 shares during the period. Balyasny Asset Management L.P. raised its stake in shares of Advanced Drainage Systems by 875.8% during the 4th quarter. Balyasny Asset Management L.P. now owns 458,910 shares of the construction company’s stock valued at $66,464,000 after purchasing an additional 411,883 shares during the period. Franklin Resources Inc. lifted its holdings in Advanced Drainage Systems by 586.9% during the 3rd quarter. Franklin Resources Inc. now owns 285,810 shares of the construction company’s stock worth $39,642,000 after purchasing an additional 244,202 shares in the last quarter. Finally, Squarepoint Ops LLC increased its position in shares of Advanced Drainage Systems by 1,209.7% during the second quarter. Squarepoint Ops LLC now owns 260,607 shares of the construction company’s stock valued at $29,933,000 after buying an additional 240,709 shares during the period. Institutional investors own 89.83% of the company’s stock.

Wall Street Analysts Forecast Growth

WMS has been the topic of a number of recent research reports. Stephens upgraded Advanced Drainage Systems from an “equal weight” rating to an “overweight” rating and cut their target price for the stock from $190.00 to $175.00 in a report on Wednesday, May 27th. Oppenheimer decreased their price target on shares of Advanced Drainage Systems from $195.00 to $190.00 and set an “outperform” rating for the company in a research note on Tuesday, May 26th. Jefferies Financial Group initiated coverage on shares of Advanced Drainage Systems in a report on Thursday, June 11th. They set a “buy” rating and a $175.00 price objective on the stock. UBS Group dropped their price objective on shares of Advanced Drainage Systems from $215.00 to $205.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. Finally, KeyCorp reiterated an “overweight” rating on shares of Advanced Drainage Systems in a report on Monday, June 22nd. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Advanced Drainage Systems has an average rating of “Moderate Buy” and a consensus target price of $187.00.

Get Our Latest Analysis on WMS

Advanced Drainage Systems Company Profile

(Get Free Report)

Advanced Drainage Systems, Inc (NYSE: WMS) is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.

The company’s product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.

Further Reading

Earnings History for Advanced Drainage Systems (NYSE:WMS)

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