Advanced Drainage Systems (NYSE:WMS) Releases Earnings Results, Misses Expectations By $0.25 EPS

Advanced Drainage Systems (NYSE:WMS) released its quarterly earnings data on Thursday. The construction company reported $1.09 earnings per share for the quarter, missing the consensus estimate 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 $1.30 on Thursday, reaching $117.31. The company had a trading volume of 930,937 shares, compared to its average volume of 610,681. The stock has a market cap of $9.09 billion, a P/E ratio of 18.67, a P/E/G ratio of 1.16 and a beta of 1.52. 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 has a fifty-two week low of $110.75 and a fifty-two week high of $184.27. The company’s fifty day moving average is $121.95 and its 200 day moving average is $140.87.

Advanced Drainage Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 0.55%. Advanced Drainage Systems’s payout ratio is 10.19%.

Analysts Set New Price Targets

Several research analysts have weighed in on WMS shares. UBS Group upgraded Advanced Drainage Systems from a “neutral” rating to a “buy” rating and set a $155.00 target price on the stock in a report on Wednesday, January 8th. Barclays reduced their price target on 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. Stephens restated an “equal weight” rating and issued a $135.00 price objective (down previously from $170.00) on shares of Advanced Drainage Systems in a report on Wednesday, November 13th. Oppenheimer decreased their price target on Advanced Drainage Systems from $192.00 to $184.00 and set an “outperform” rating for the company in a research note on Monday, November 11th. Finally, Robert W. Baird dropped their price objective on 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. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, Advanced Drainage Systems presently has an average rating of “Moderate Buy” and a consensus target price of $166.88.

About Advanced Drainage Systems

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.