Advanced Drainage Systems (NYSE:WMS) Hits New 52-Week Low – Here’s What Happened

Advanced Drainage Systems, Inc. (NYSE:WMS)’s stock price reached a new 52-week low on Thursday. The stock traded as low as $120.14 and last traded at $126.5690, with a volume of 124,784 shares changing hands. The stock had previously closed at $144.07.

More Advanced Drainage Systems News

Here are the key news stories impacting Advanced Drainage Systems this week:

• Positive Sentiment: ADS declared a quarterly dividend of $0.20 per share, payable December 15, with a December 1 ex-dividend date. The annualized payout is $0.80 per share, a 0.6% yield.
• Neutral Sentiment: Royal Bank of Canada, Oppenheimer and Barclays lowered their price targets to $163, $180 and $183, respectively, but maintained “outperform” or “overweight” ratings. The revised targets still imply substantial upside from the cited $124.11 share price. Royal Bank of Canada rating information Oppenheimer rating information Barclays rating information
• Negative Sentiment: Fiscal Q2 2027 revenue of $889.4 million fell short of the roughly $921.8 million estimate. EPS was $1.88—above one consensus estimate of $1.81, but below Zacks’ $1.89 estimate—and down from $1.97 a year earlier. Reports also cited a cut to guidance, contributing to the sharp post-results decline in shares. Second-quarter results announcement Earnings coverage

Analyst Ratings Changes

Several analysts have issued reports on WMS shares. Oppenheimer reaffirmed an “outperform” rating and set a $180.00 price target (down from $185.00) on shares of Advanced Drainage Systems in a research report on Friday. Royal Bank Of Canada decreased their price objective on shares of Advanced Drainage Systems from $170.00 to $163.00 and set an “outperform” rating for the company in a research report on Friday. Robert W. Baird set a $206.00 price objective on shares of Advanced Drainage Systems in a research note on Friday, August 7th. Weiss Ratings restated a “hold (c)” rating on shares of Advanced Drainage Systems in a research note on Thursday, October 15th. Finally, Zacks Research raised shares of Advanced Drainage Systems from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Advanced Drainage Systems has an average rating of “Moderate Buy” and a consensus target price of $184.40.

Advanced Drainage Systems Stock Performance

The stock’s fifty day moving average price is $130.03 and its two-hundred day moving average price is $143.09. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.18 and a current ratio of 2.12. The company has a market cap of $9.36 billion, a P/E ratio of 23.60, a P/E/G ratio of 1.60 and a beta of 1.30.

Advanced Drainage Systems (NYSE:WMS) last posted its quarterly earnings results on Thursday, November 5th. The construction company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.07. Advanced Drainage Systems had a net margin of 14.00% and a return on equity of 28.28%. The company had revenue of $889.41 million for the quarter, compared to the consensus estimate of $921.79 million. During the same period last year, the company posted $1.97 EPS. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. As a group, equities analysts predict that Advanced Drainage Systems, Inc. will post 6.57 earnings per share for the current year.

Advanced Drainage Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $0.80 annualized dividend and a dividend yield of 0.6%. Advanced Drainage Systems’s payout ratio is presently 13.82%.

Institutional Investors Weigh In On Advanced Drainage Systems

A number of hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Advanced Drainage Systems in the second quarter worth about $1,172,482,000. Pictet Asset Management Holding SA grew its position in shares of Advanced Drainage Systems by 33.4% during the 3rd quarter. Pictet Asset Management Holding SA now owns 1,505,017 shares of the construction company’s stock valued at $190,712,000 after acquiring an additional 377,043 shares during the period. Amundi increased its stake in shares of Advanced Drainage Systems by 5.1% during the 2nd quarter. Amundi now owns 1,354,610 shares of the construction company’s stock worth $212,681,000 after purchasing an additional 65,938 shares during the last quarter. KBC Group NV increased its stake in shares of Advanced Drainage Systems by 1.7% during the 1st quarter. KBC Group NV now owns 916,981 shares of the construction company’s stock worth $125,746,000 after purchasing an additional 14,915 shares during the last quarter. Finally, Bamco Inc. NY bought a new stake in shares of Advanced Drainage Systems in the 2nd quarter worth approximately $106,800,000. 89.83% of the stock is currently owned by institutional investors.

Advanced Drainage Systems Company Profile

Advanced Drainage Systems, Inc (NYSE: WMS) is a manufacturer of water management products and solutions. The company produces thermoplastic corrugated pipe, fittings, drainage structures, stormwater chambers and related products used to manage the collection, conveyance, storage and treatment of water.

Its products serve a range of markets, including residential, commercial, agricultural, infrastructure and environmental applications. Advanced Drainage Systems supplies solutions for stormwater management, septic and wastewater systems, highway and road construction, land development, agriculture and erosion control.

Founded in 1966 and headquartered in Hilliard, Ohio, the company serves customers through a manufacturing and distribution network primarily covering the United States and Canada, with additional international operations.