Advanced Drainage Systems (NYSE:WMS) Announces Earnings Results

Advanced Drainage Systems (NYSE:WMS) issued its quarterly earnings data on Thursday. The construction company reported $1.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.25), Zacks reports. Advanced Drainage Systems had a return on equity of 40.31% and a net margin of 16.89%. Advanced Drainage Systems updated its FY 2025 guidance to EPS.

Advanced Drainage Systems Stock Performance

WMS traded up $2.86 during trading on Thursday, reaching $118.87. 660,373 shares of the company’s stock were exchanged, compared to its average volume of 599,838. The company has a quick ratio of 2.15, a current ratio of 3.19 and a debt-to-equity ratio of 0.97. The business has a 50 day moving average price of $121.95 and a 200 day moving average price of $140.87. Advanced Drainage Systems has a fifty-two week low of $110.75 and a fifty-two week high of $184.27. The company has a market capitalization of $9.21 billion, a P/E ratio of 18.97, a PEG ratio of 1.16 and a beta of 1.52.

Advanced Drainage Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 0.54%. Advanced Drainage Systems’s dividend payout ratio is 10.19%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on WMS shares. Barclays decreased their target price on shares of Advanced Drainage Systems from $172.00 to $160.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Oppenheimer cut their target price on Advanced Drainage Systems from $192.00 to $184.00 and set an “outperform” rating on the stock in a research report on Monday, November 11th. Stephens restated an “equal weight” rating and issued a $135.00 price target (down previously from $170.00) on shares of Advanced Drainage Systems in a research report on Wednesday, November 13th. UBS Group upgraded Advanced Drainage Systems from a “neutral” rating to a “buy” rating and set a $155.00 price objective for the company in a research report on Wednesday, January 8th. Finally, KeyCorp lowered their price target on shares of Advanced Drainage Systems from $195.00 to $180.00 and set an “overweight” rating on the stock in a report on Monday, November 11th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Advanced Drainage Systems currently has an average rating of “Moderate Buy” and an average target price of $166.88.

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.