Advanced Drainage Systems Inc (WMS): A Great Stock For Handling Current Market Conditions?

Currently, there are 70.87M common shares owned by the public and among those 69.22M shares have been available to trade.

The company’s stock has a 5-day price change of 8.75% and 5.23% over the past three months. WMS shares are trading 25.94% year to date (YTD), with the 12-month market performance up to 60.26% higher. It has a 12-month low price of $102.32 and touched a high of $184.27 over the same period. WMS has an average intraday trading volume of 449.50K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.80%, 5.88%, and 24.28% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Advanced Drainage Systems Inc (NYSE: WMS) shares accounts for 84.00% of the company’s 70.87M shares outstanding.

It has a market capitalization of $13.73B and a beta (3y monthly) value of 1.56. The stock’s trailing 12-month PE ratio is 27.48, while the earnings-per-share (ttm) stands at $6.45. The company has a PEG of 3.03 and a Quick Ratio of 1.90 with the debt-to-equity ratio at 1.11. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.49% over the week and 2.57% over the month.

Earnings per share for the fiscal year are expected to increase by 6.73%, and 11.79% over the next financial year. EPS should shrink at an annualized rate of 9.06% over the next five years, compared to 39.58% over the past 5-year period.

Looking at the support for the WMS, a number of firms have released research notes about the stock. Northcoast stated their Buy rating for the stock in a research note on May 08, 2024, with the firm’s price target at $190. Stephens coverage for the Advanced Drainage Systems Inc (WMS) stock in a research note released on August 25, 2023 offered a Overweight rating with a price target of $148. KeyBanc Capital Markets was of a view on July 24, 2023 that the stock is Overweight, while Morgan Stanley gave the stock Equal-Weight rating on June 28, 2023, issuing a price target of $107- $114. Oppenheimer on their part issued Outperform rating on April 19, 2023.

Most Popular

Related Posts