Advanced Drainage Systems, Inc. (WMS)
NYSE: WMS · IEX Real-Time Price · USD
166.61
-2.42 (-1.43%)
At close: Jul 19, 2024, 4:00 PM
166.74
+0.13 (0.08%)
After-hours: Jul 20, 2024, 12:58 PM EDT

Advanced Drainage Systems Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for WMS stock have an average target of 181.88, with a low estimate of 133 and a high estimate of 202. The average target predicts an increase of 9.17% from the current stock price of 166.61.

Analyst Consensus: Buy
Target Low Average Median High
Price $133 $181.88 $193 $202
Change -20.17% +9.17% +15.84% +21.24%
* Price targets were last updated on May 17, 2024.

Analyst Ratings

The average analyst rating for WMS stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 222332
Buy 555555
Hold 222221
Sell 000000
Strong Sell 000000
Total 99910108

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$189$202
Buy Maintains $189$202 +21.24% May 17, 2024
Stephens & Co.
Stephens & Co.
Buy
Maintains
$182$193
Buy Maintains $182$193 +15.84% May 17, 2024
Baird
Baird
Buy
Maintains
$192$200
Buy Maintains $192$200 +20.04% May 17, 2024
Keybanc
Keybanc
Buy
Maintains
$185$195
Buy Maintains $185$195 +17.04% May 17, 2024
Northcoast Research
Northcoast Research
Strong Buy
Initiates
$190
Strong Buy Initiates $190 +14.04% May 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
3.04B
from 2.87B
Increased by 5.62%
Revenue Next Year
3.23B
from 3.04B
Increased by 6.46%
EPS This Year
6.87
from 6.45
Increased by 6.56%
EPS Next Year
7.67
from 6.87
Increased by 11.63%
Year 20192020202120222023202420252026
Revenue
1.67B1.98B2.77B3.07B2.87B3.04B3.23B3.56B
Revenue Growth
20.88%18.46%39.67%10.90%-6.40%5.62%6.46%10.06%
EPS
-3.212.593.156.086.456.877.67-
EPS Growth
--21.62%93.02%6.09%6.56%11.63%-
Forward PE
-----24.2421.72-
No. Analysts -----10102
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 3.2B 3.4B 3.7B
Avg 3.0B 3.2B 3.6B
Low 2.9B 3.1B 3.5B

Revenue Growth

Revenue Growth 202420252026
High
10.5%
12.6%
14.4%
Avg
5.6%
6.5%
10.1%
Low
1.4%
1.9%
6.8%

EPS Forecast

EPS 20242025
High 7.49 8.35
Avg 6.87 7.67
Low 6.27 6.77

EPS Growth

EPS Growth 20242025
High
16.1%
21.5%
Avg
6.6%
11.6%
Low
-2.8%
-1.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.