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

Advanced Drainage Systems (NYSE:WMS) issued its quarterly earnings results on Thursday. The construction company reported $1.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by ($0.25), Zacks reports. Advanced Drainage Systems had a net margin of 16.89% and a return on equity of 40.31%. Advanced Drainage Systems updated its FY 2025 guidance to EPS.

Advanced Drainage Systems Price Performance

Shares of WMS traded up $1.30 during trading hours on Thursday, reaching $117.31. The stock had a trading volume of 930,937 shares, compared to its average volume of 610,681. The stock has a market capitalization of $9.09 billion, a PE ratio of 18.67, a PEG ratio of 1.16 and a beta of 1.52. Advanced Drainage Systems has a 12 month low of $110.75 and a 12 month high of $184.27. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.15 and a current ratio of 3.19. The company’s 50-day moving average is $121.95 and its two-hundred day moving average is $140.87.

Advanced Drainage Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders 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 dividend payout ratio (DPR) is presently 10.19%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. UBS Group upgraded Advanced Drainage Systems from a “neutral” rating to a “buy” rating and set a $155.00 target price for the company in a research report on Wednesday, January 8th. Loop Capital reduced their price objective on shares of Advanced Drainage Systems from $180.00 to $170.00 and set a “buy” rating on the stock in a research note on Monday, November 11th. Stephens restated an “equal weight” rating and issued a $135.00 target price (down from $170.00) on shares of Advanced Drainage Systems in a research report on Wednesday, November 13th. Barclays decreased their price objective on shares of Advanced Drainage Systems from $172.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Finally, Oppenheimer cut their target price 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. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $166.88.

Advanced Drainage Systems Company Profile

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.