Advanced Drainage Systems, Inc. (WMS)

NYSE: WMS · IEX Real-Time Price · USD
172.24
+0.80 (0.47%)
Mar 28, 2024, 4:00 PM EDT - Market closed
0.47%
Market Cap 13.39B
Revenue (ttm) 2.84B
Net Income (ttm) 500.99M
Shares Out 77.62M
EPS (ttm) 6.29
PE Ratio 27.38
Forward PE 26.13
Dividend $0.56 (0.33%)
Ex-Dividend Date Feb 29, 2024
Volume 380,273
Open 171.70
Previous Close 171.44
Day's Range 171.70 - 173.93
52-Week Range 75.76 - 176.31
Beta 1.51
Analysts Buy
Price Target 149.22 (-13.37%)
Earnings Date May 16, 2024

About WMS

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the construction and agriculture marketplaces in the United States, Canada, Mexico, 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, mecha... [Read more]

Sector Industrials
IPO Date Jul 25, 2014
Employees 5,870
Stock Exchange NYSE
Ticker Symbol WMS
Full Company Profile

Financial Performance

In 2022, WMS's revenue was $3.07 billion, an increase of 10.90% compared to the previous year's $2.77 billion. Earnings were $507.09 million, an increase of 86.89%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for WMS stock is "Buy." The 12-month stock price forecast is $149.22, which is a decrease of -13.37% from the latest price.

Price Target
$149.22
(-13.37% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Advanced Drainage Systems Marks World Water Day by Highlighting Importance of Stormwater Management

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems is using this year's World Water Day to emphasize the need for effective stormwater management.

7 days ago - Business Wire

Advanced Drainage Systems Named by Newsweek as one of America's Most Responsible Companies in 2024

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems named to Newsweek's List of America's Most Responsible Companies for the second year in a row.

5 weeks ago - Business Wire

Jim Cramer lists his top 10 stocks that have jumped this week

'Mad Money' host Jim Cramer looks at the stocks that have jumped this week as the bull market continues to run.

7 weeks ago - CNBC Television

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 ...

7 weeks ago - Business Wire

Advanced Drainage Systems Announces Third Quarter Fiscal 2024 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 w...

7 weeks ago - Business Wire

Infiltrator Launches New Advanced Treatment Solution and Expands Tank Offering

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 w...

2 months ago - Business Wire

Advanced Drainage Systems Announces Relationship with Rainwater Management Solutions

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. and Rainwater Management Solutions announced a strategic relationship throughout the U.S. and Canada.

2 months ago - Business Wire

Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2024 Results on February 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 solutio...

2 months ago - Business Wire

Advanced Drainage Systems Survey: Over Half of Americans Worried About How Their Stormwater is Managed

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 w...

3 months ago - Business Wire

The Bull Case For Advanced Drainage Systems Inc. - Advanced Drainage Systems (NYSE:WMS)

With Quiver Quantitative's recent institutional holdings data, we can see that hedge funds and asset managers have been increasing their holdings in Advanced Drainage Systems Inc. WMS. Firms such as C...

4 months ago - Benzinga

Advanced Drainage Systems Shares Benefits of Plastic Pipe in Honor of America Recycles Day

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems recognizes the importance of sustainable and economically viable products to capture, convey, store and treat water.

4 months ago - Business Wire

Advanced Drainage Systems to build New Florida Manufacturing Facility

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 w...

5 months ago - Business Wire

Advanced Drainage Systems Announces Second Quarter Fiscal 2024 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 w...

5 months ago - Business Wire

Top 4 Industrial Stocks That May Explode in October - JELD-WEN Holding (NYSE:JELD), Desktop Metal (NYSE:DM)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: DMJELDLLAP
5 months ago - Benzinga

Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2024 Results on November 2, 2023

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 solutio...

5 months ago - Business Wire

$500,000 of Stormwater Products Donated by Advanced Drainage Systems Installed at New Hilliard Community Center Site

Will help manage runoff and protect Big Darby Creek, among other benefits HILLIARD, Ohio , Oct. 5, 2023 /PRNewswire/ -- The City of Hilliard began installation this week on the stormwater management s...

6 months ago - PRNewsWire

Advanced Drainage Systems Issues Fiscal 2023 Sustainability Report

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions, issued its Fiscal 2023 Sustainability Report today, dem...

6 months ago - Business Wire

Ohio Environmental Protection Agency Names ADS "Gold" in 2023 Encouraging Environmental Excellence Awards

ADS honored for water quality protection, recycling and commitment to innovation HILLIARD, Ohio , Sept. 20, 2023 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider o...

6 months ago - PRNewsWire

Advanced Drainage Systems Joins the UN Global Compact

HILLIARD, Ohio , Aug. 29, 2023 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions and one of the largest plastic recycling c...

7 months ago - PRNewsWire

Advanced Drainage Systems Announces First Quarter Fiscal 2024 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 w...

8 months ago - Business Wire

Advanced Drainage Systems to Announce First Quarter Fiscal Year 2024 Results on August 3, 2023

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 solutio...

9 months ago - Business Wire

Advanced Drainage Systems Honored for Work in Sustainability, Corporate Responsibility and Overall Business Operations

ADS Awarded Top Honors in American Business Awards and Fast Company for business practices that protect the environment and human health HILLIARD, Ohio , July 11, 2023 /PRNewswire/ -- Advanced Drainag...

9 months ago - PRNewsWire

Advanced Drainage Systems Identified as a Corporate Climate Leader

ADS recognized by USA TODAY for significantly reducing greenhouse gas emissions intensity HILLIARD, Ohio , June 22, 2023 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading pr...

10 months ago - PRNewsWire

Best Water Stocks to Buy

Water is a crucial component throughout the economy. These water stocks and ETFs stand to gain.

Other symbols: XYLBMICGWECLFIWPHOPNR
10 months ago - Kiplinger

Advanced Drainage Systems Announces Increase in 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 ...

11 months ago - Business Wire