WMS

Advanced Drainage Systems, Inc. [WMS] Stock Forecast

Q: What is Advanced Drainage Systems, Inc. stock symbol ?

Advanced Drainage Systems, Inc. is a US stock, located in Hilliard of Oh and trading under the symbol WMS

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WMS Stock Summary

Earnings have grown 10.9% per last year.

EPS has been increasing for the past 3 years (Yearly statements)

WMS's dividend payments are well covered by cash flows with cash payout ratio of 7.79%.

An RSI reading of 70 or higher indicates an overbought or overvalued condition.

Earnings are expected to fall -0.81% next year

WMS has less than 1 year of cash runway

Debt-to-Equity ratio of 1.95 is considered moderate, deeper research suggested.

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In the News

01:30 08 Jun 2023 WMS

Advanced Drainage Systems: An Overlooked Water Play

Advanced Drainage Systems is well-positioned to benefit from the ongoing expansion in the large water management market. The recent rebound in construction spending for water supply should provide a solid support for the company in the near term. The current valuation is meaningfully discounted compared to other water companies and its own historical average.

09:27 08 Jun 2023 WMS

4 Stocks to Watch on Dividend Hikes as Market Volatility Continues

LyondellBasell Industries (LYB), AAON (AAON), SL Green Realty (SLG) and Advanced Drainage Systems (WMS) recently hiked dividends.

06:31 08 Jun 2023 WMS

Why Advanced Drainage Systems Crushed the Market This Week

The infrastructure specialist made a real splash with its latest set of quarterly figures. It notched powerful beats on both revenue and profitability.

12:49 08 Jun 2023 WMS

Advanced Drainage Systems, Inc. (WMS) Q4 2023 Earnings Call Transcript

Advanced Drainage Systems, Inc. (NYSE:WMS ) Q4 2023 Earnings Conference Call May 18, 2023 10:00 AM ET Company Participants Michael Higgins - Vice President of Corporate Strategy and Investor Relations Scott Barbour - President and CEO Scott Cottrill - CFO Conference Call Participants Michael Halloran - Baird Matthew Bouley - Barclays Spencer Kaufman - UBS Joseph Ahlersmeyer - Deutsche Bank Jeffrey Stevenson - Loop Capital Bryan Blair - Oppenheimer Operator Hello, everyone and welcome to ADS's Fourth Quarter and Fiscal Year 2023 Financial Results Call. And thank you for standing by.

12:06 08 Jun 2023 WMS

Why Advanced Drainage Systems Stock Popped Today

Advanced Drainage Systems earnings bounced back in the big way in fiscal Q4 2023, despite declining sales. The bad news is that sales might continue to decline in fiscal 2024 -- and earnings should fall with them.

09:12 08 Jun 2023 WMS

Advanced Drainage Systems (WMS) Q4 Earnings and Revenues Top Estimates

Advanced Drainage Systems (WMS) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.95 per share a year ago.

03:05 08 Jun 2023 WMS

Advanced Drainage Systems: Low Valuation And Good Long-Term Growth Prospects

Residential and Non-Residential end markets should bottom in coming quarters as the Federal Reserve is likely to become less hawkish after the recent bank fiasco. WMS' superior and cost-effective products should continue to help the company grow faster than the end markets.

08:01 08 Jun 2023 WMS

Advanced Drainage Systems, Inc. (WMS) Q3 2023 Earnings Call Transcript

Advanced Drainage Systems, Inc. (NYSE:WMS ) Q3 2023 Earnings Conference Call February 2, 2023 10:00 AM ET Company Participants Mike Higgins - Vice President of Corporate Strategy and Investor Relations Scott Barbour - President and CEO Scott Cottrill - CFO Conference Call Participants Michael Halloran - Baird Matthew Bouley - Barclays Garik Shmois - Loop Capital Spencer Kaufman - UBS Operator Good morning, ladies and gentlemen, and welcome to the Advanced Drainage Systems Third Quarter of Fiscal Year 2023 Results Conference Call. My name is Bailey, and I'll be your operator for today's call.

09:02 08 Jun 2023 WMS

Advanced Drainage Systems (WMS) Lags Q3 Earnings and Revenue Estimates

Advanced Drainage (WMS) delivered earnings and revenue surprises of -4.81% and 6.26%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

04:02 08 Jun 2023 WMS

Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2023 Results on February 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 solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal third quarter ended December 31, 2022, before the market opens on February 2, 2023.

WMS Financial details

Company Rating

Strong Buy

Market Cap

8.24B

Income

507.09M

Revenue

3.07B

Book val./share

12.13

Cash/share

2.7

Dividend

0.5

Dividend %

0.46%

Employees

5.87K

Optionable

Shortable

Yes

Earnings

02 Aug 2023

P/E

17.14

Forward P/E

PEG

1.89

P/S

2.77

P/B

8.89

P/C

39.69

P/FCF

15.75

Quick Ratio

1.38

Current Ratio

2.69

Debt / Equity

1.95

LT Debt / Equity

1.33

EPS (TTM)

6.14

EPS next Y

EPS next Q

1.95

EPS this Y

90.99%

EPS next Y

EPS next 5Y

-11.4%

EPS last 5Y

37.97%

Revenue last 5Y

17.27%

Revenue Q/Q

-5.74%

EPS Q/Q

SMA20

22.09%

SMA50

28.05%

SMA100

20.69%

Inst Own

79.03%

Inst Trans

2.18%

ROA

17%

ROE

46%

ROC

0.29%

Gross Margin

36%

Oper. Margin

23%

Profit Margin

17%

Payout

Shs Outstand

78.97M

Shs Float

68.99M

Target Price

147

52W Range

75.02-153.36

52W High

-29.96%

52W Low

+42.88%

RSI

Rel Volume

0.37

Avg Volume

949.5K

Volume

349.51K

Perf Week

2.66%

Perf Month

23.7%

Perf Quarter

28.5%

Perf Half Y

19.07%

Beta

1.39796

Volatility

2.12%, 7.98%

Prev Close

-0.67%

Price

107.16

Change

0.96%

WMS Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-03-31

Metric	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Revenue per share	24.28	26.23	28.26	38.85	37.31
Net income per share	1.36	-3.04	3.2	3.81	6.16
Operating cash flow per share	2.66	4.8	6.45	3.86	8.6
Free cash flow per share	1.9	3.74	5.32	1.77	6.57
Cash per share	0.16	2.73	2.78	0.28	2.64
Book value per share	8.53	12.11	14.96	15.27	11.87
Tangible book value per share	6.1	-5.78	-0.25	0.89	-0.4
Share holders equity per share	8.53	12.11	14.96	15.27	11.87
Interest debt per share	5.92	19.51	12.5	13.72	16.95
Market cap	1.5B	1.88B	7.25B	8.47B	6.93B
Enterprise value	1.81B	2.87B	7.9B	9.39B	8.04B
P/E ratio	19.25	-9.7	32.35	31.21	13.67
Price to sales ratio	1.08	1.12	3.66	3.06	2.26
POCF ratio	9.87	6.14	16.04	30.81	9.79
PFCF ratio	13.83	7.88	19.42	67.31	12.82
P/B Ratio	3.08	2.43	6.91	7.78	7.09
PTB ratio	3.08	2.43	6.91	7.78	7.09
EV to sales	1.31	1.71	3.98	3.39	2.62
Enterprise value over EBITDA	8.82	82.08	15.98	16.86	9.25
EV to operating cash flow	11.92	9.36	17.47	34.17	11.36
EV to free cash flow	16.7	12.02	21.15	74.66	14.86
Earnings yield	0.05	-0.1	0.03	0.03	0.07
Free cash flow yield	0.07	0.13	0.05	0.01	0.08
Debt to equity	1.11	2.05	1.29	1.42	1.95
Debt to assets	0.52	0.67	0.56	0.58	0.66
Net debt to EBITDA	1.51	28.29	1.31	1.66	1.27
Current ratio	2.26	2.8	2.33	2.23	2.69
Interest coverage	6.95	-1.09	9.66	12.28	10.25
Income quality	1.86	-1.6	2	1	1.38
Dividend Yield	0.02	0.05	0	0	0.01
Payout ratio	0.34	-0.48	0.14	0.14	0.08
Sales general and administrative to revenue	0.06	0.14	0.13	0.12	0.11
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.15	0.49	0.45	0.39	0.35
Capex to operating cash flow	-0.29	-0.22	-0.17	-0.54	-0.24
Capex to revenue	-0.03	-0.04	-0.04	-0.05	-0.05
Capex to depreciation	-0.6	-0.54	-0.54	-1.05	-1.15
Stock based compensation to revenue	0.02	0.17	0.03	0.04	0.01
Graham number	16.18	28.76	32.8	36.17	40.57
ROIC	0.1	-0.05	0.13	0.12	0.25
Return on tangible assets	0.09	-0.16	0.17	0.17	0.27
Graham Net	-4.56	-17.55	-11.8	-14.33	-14.91
Working capital	260.23M	428M	424.71M	480.66M	638.69M
Tangible asset value	347.75M	-368.58M	-17.66M	63.37M	-32.96M
Net current asset value	-75.01M	-919.1M	-607.43M	-672.82M	-888.78M
Invested capital	0.66	1.5	0.8	0.87	1.36
Average receivables	179.48M	193.51M	218.11M	288.97M	324.35M
Average payables	99.55M	100.14M	138.9M	198.04M	217.55M
Average inventory	264.17M	273.47M	291.68M	397.64M	479.16M
Days sales outstanding	49.29	43.62	43.48	45.04	36.48
Days payables outstanding	32.29	28.7	48.31	41.71	39.27
Days of inventory on hand	91.28	75.94	84.98	91.64	86.73
Receivables turnover	7.41	8.37	8.39	8.1	10.01
Payables turnover	11.3	12.72	7.56	8.75	9.29
Inventory turnover	4	4.81	4.3	3.98	4.21
ROE	0.16	-0.25	0.21	0.25	0.52
Capex per share	-0.76	-1.06	-1.12	-2.09	-2.03

Quarterly Fundamentals Overview

Last date of statement is 2023-03-31 for Q4

Metric	2022-03-31	2022-06-30	2022-09-30	2022-12-31	2023-03-31
Revenue per share	9.44	11	10.59	7.98	7.67
Net income per share	0.64	2.25	1.82	1	1.07
Operating cash flow per share	1.13	3	2.24	2.72	0.59
Free cash flow per share	0.45	2.57	1.77	2.1	0.09
Cash per share	0.28	5.58	5.48	5.2	2.7
Book value per share	15.15	14.18	14.36	13.38	12.13
Tangible book value per share	0.88	1.54	1.93	0.91	-0.41
Share holders equity per share	15.15	14.18	14.36	13.38	12.13
Interest debt per share	13.26	15.94	15.93	16.19	16.71
Market cap	8.54B	7.49B	10.38B	6.73B	6.78B
Enterprise value	9.46B	8.34B	11.23B	7.61B	7.89B
P/E ratio	46.09	10	17.07	20.5	19.74
Price to sales ratio	12.59	8.19	11.74	10.27	10.98
POCF ratio	105.34	29.98	55.43	30.11	143.2
PFCF ratio	264.1	35.06	70.19	39.09	927.08
P/B Ratio	7.84	6.35	8.66	6.13	6.94
PTB ratio	7.84	6.35	8.66	6.13	6.94
EV to sales	13.95	9.12	12.71	11.61	12.78
Enterprise value over EBITDA	95.22	29.01	48.57	47.56	46.98
EV to operating cash flow	116.75	33.39	59.99	34.06	166.58
EV to free cash flow	292.7	39.04	75.96	44.21	1.08K
Earnings yield	0.01	0.02	0.01	0.01	0.01
Free cash flow yield	0	0.03	0.01	0.03	0
Debt to equity	1.42	1.72	1.64	1.72	1.95
Debt to assets	0.58	0.63	0.62	0.63	0.66
Net debt to EBITDA	9.3	2.96	3.69	5.51	6.59
Current ratio	2.23	2.78	3.07	3.13	2.69
Interest coverage	9.56	22.72	11.92	6.22	6.03
Income quality	1.72	1.33	1.22	2.69	0.55
Dividend Yield	0	0	0	0	0
Payout ratio	0.23	0.05	0.07	0.12	0.11
Sales general and administrative to revenue	0.13	0	0	0	0.13
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.39	0.33	0.33	0.35	0.35
Capex to operating cash flow	-0.6	-0.14	-0.21	-0.23	-0.85
Capex to revenue	-0.07	-0.04	-0.04	-0.08	-0.06
Capex to depreciation	-1.28	-1.02	-1.1	-1.43	-1.06
Stock based compensation to revenue	0.07	0.01	0.01	0.01	0
Graham number	14.82	26.8	24.26	17.35	17.06
ROIC	0.02	0.1	0.08	0.05	0.04
Return on tangible assets	0.03	0.09	0.07	0.04	0.05
Graham Net	-14.21	-12.02	-11.67	-12.82	-15.23
Working capital	480.66M	896.58M	908.58M	787.09M	638.69M
Tangible asset value	63.37M	128.05M	160.9M	75.02M	-32.96M
Net current asset value	-672.82M	-627.24M	-614.05M	-732.55M	-888.78M
Invested capital	0.87	1.11	1.09	1.19	1.36
Average receivables	322.45M	384.69M	407.79M	315.22M	274.72M
Average payables	210.23M	249.8M	255.6M	205.35M	192.11M
Average inventory	479.92M	491.91M	484.33M	469.1M	461.51M
Days sales outstanding	45.35	42.1	39.49	33.31	44.73
Days payables outstanding	41.5	43.97	37.74	36.34	47.86
Days of inventory on hand	91.17	78.38	76.43	95.8	105.68
Receivables turnover	1.98	2.14	2.28	2.7	2.01
Payables turnover	2.17	2.05	2.38	2.48	1.88
Inventory turnover	0.99	1.15	1.18	0.94	0.85
ROE	0.04	0.16	0.13	0.07	0.09
Capex per share	-0.68	-0.44	-0.47	-0.63	-0.5

WMS Dividend History

WMS Frequently Asked Questions

What is Advanced Drainage Systems, Inc. stock symbol ?

Advanced Drainage Systems, Inc. is a US stock , located in Hilliard of Oh and trading under the symbol WMS

Is Advanced Drainage Systems, Inc. buy or a sell ?

3 stock analysts have 3 predictions with a medium analyst target price of $143.67. The lowest prediction is $124 and the highest is $170

What is WMS stock prediction ?

What is Advanced Drainage Systems, Inc. stock quote today ?

Advanced Drainage Systems, Inc. stock price is $107.16 today.

Is Advanced Drainage Systems, Inc. stock public?

Yes, Advanced Drainage Systems, Inc. is a publicly traded company.

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Company Profile

Volume Average 949.5K
Market Capitalization 8.24B
Employee 5.87K
CEO Mr. Donald Scott Barbour
Headquarters Hilliard,OH,US
IPO Date 2014-07-25
Website https://www.adspipe.com

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace 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, mechanical aeration wastewater solutions, septic tanks and accessories, and combined treatment and dispersal systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. The company also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. It offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 38 distribution centers. The company was incorporated in 1966 and is headquartered in Hilliard, Ohio.