Advanced Drainage Systems (WMS) to Release Earnings on Thursday

Advanced Drainage Systems (NYSE:WMS) will likely be posting its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Advanced Drainage Systems to post earnings of $1.34 per share and revenue of $822.35 million for the quarter. Advanced Drainage Systems has set its FY 2025 guidance at EPS.Investors interested in listening to the company’s conference call can do so using this link.

Advanced Drainage Systems (NYSE:WMS) last posted its quarterly earnings data on Friday, November 8th. The construction company reported $1.70 earnings per share for the quarter, missing the consensus estimate of $1.93 by ($0.23). The company had revenue of $782.60 million during the quarter, compared to the consensus estimate of $819.41 million. Advanced Drainage Systems had a return on equity of 40.31% and a net margin of 16.89%. The business’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the firm earned $1.71 EPS. On average, analysts expect Advanced Drainage Systems to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Advanced Drainage Systems Stock Down 1.5 %

Shares of WMS opened at $119.08 on Tuesday. The business’s fifty day moving average price is $122.56 and its two-hundred day moving average price is $141.38. The firm has a market capitalization of $9.23 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 1.16 and a beta of 1.51. Advanced Drainage Systems has a 52 week low of $110.75 and a 52 week high of $184.27. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.15 and a current ratio of 3.19.

Advanced Drainage Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend was Monday, December 2nd. Advanced Drainage Systems’s dividend payout ratio is 10.19%.

Analyst Upgrades and Downgrades

WMS has been the topic of several recent research reports. Robert W. Baird reduced their target price on shares of Advanced Drainage Systems from $174.00 to $161.00 and set an “outperform” rating on the stock in a research note on Monday, November 11th. Barclays reduced their price objective on shares of Advanced Drainage Systems from $172.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Loop Capital dropped their target price on shares of Advanced Drainage Systems from $180.00 to $170.00 and set a “buy” rating for the company in a research report on Monday, November 11th. Stephens restated an “equal weight” rating and issued a $135.00 price target (down from $170.00) on shares of Advanced Drainage Systems in a research report on Wednesday, November 13th. Finally, 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 report on Wednesday, January 8th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.