At the time of writing, Advanced Drainage Systems Inc [WMS] stock is trading at $128.09, down -1.31%. An important factor to consider is whether the stock is rising or falling in short-term value. The WMS shares have lost -0.50% over the last week, with a monthly amount drifted -2.20%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Advanced Drainage Systems Inc [NYSE: WMS] stock has seen the most recent analyst activity on November 13, 2024, when Stephens downgraded its rating to a Equal-Weight and also revised its price target to $135 from $170. Previously, Northcoast started tracking the stock with Buy rating on May 08, 2024, and set its price target to $190. On August 25, 2023, Stephens initiated with a Overweight rating and assigned a price target of $148 on the stock. KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and suggested a price target of $150 on July 24, 2023. Morgan Stanley downgraded its rating to a Equal-Weight and raised its price target to $114 on June 28, 2023. Oppenheimer started tracking with a Outperform rating for this stock on April 19, 2023, and assigned it a price target of $108. In a note dated August 18, 2022, Deutsche Bank initiated an Buy rating and provided a target price of $182 on this stock.
For the past year, the stock price of Advanced Drainage Systems Inc fluctuated between $123.94 and $184.27. Currently, Wall Street analysts expect the stock to reach $183.75 within the next 12 months. Advanced Drainage Systems Inc [NYSE: WMS] shares were valued at $128.09 at the most recent close of the market. An investor can expect a potential return of 43.45% based on the average WMS price forecast.
Analyzing the WMS fundamentals
According to Advanced Drainage Systems Inc [NYSE:WMS], the company’s sales were 2.91B for trailing twelve months, which represents an 0.31% jump. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.5 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 12.89.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 127.05 points at the first support level, and at 126.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 129.25, and for the 2nd resistance point, it is at 130.41.
Ratios To Look Out For
It is important to note that Advanced Drainage Systems Inc [NYSE:WMS] has a current ratio of 3.19. On the other hand, the Quick Ratio is 2.15, and the Cash Ratio is 1.31. Considering the valuation of this stock, the price to sales ratio is 3.41, the price to book ratio is 6.65 and price to earnings (TTM) ratio is 20.39.
Transactions by insiders
Recent insider trading involved MICHAEL HUEBERT, Officer, that happened on Aug 14 ’24 when 16032.0 shares were purchased. EVP, CFO AND SECRETARY, Cottrill Scott A completed a deal on May 30 ’24 to sell 73207.0 shares. Meanwhile, MAKOWSKI TIM A sold 3800.0 shares on May 31 ’24.
