A share price of Advanced Drainage Systems Inc [WMS] is currently trading at $118.86, up 3.37%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WMS shares have gain 3.33% over the last week, with a monthly amount drifted -8.42%, 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 January 08, 2025, when UBS upgraded its rating to a Buy but kept the price target unchanged to $155 for it. Previously, Stephens downgraded its rating to Equal-Weight on November 13, 2024, and dropped its price target to $135. On May 08, 2024, Northcoast initiated with a Buy rating and assigned a price target of $190 on the stock. Stephens started tracking the stock assigning a Overweight rating and suggested a price target of $148 on August 25, 2023. KeyBanc Capital Markets initiated its recommendation with a Overweight and recommended $150 as its price target on July 24, 2023. Morgan Stanley downgraded its rating to Equal-Weight for this stock on June 28, 2023, and upped its price target to $114. In a note dated April 19, 2023, Oppenheimer initiated an Outperform rating and provided a target price of $108 on this stock.
Advanced Drainage Systems Inc experienced fluctuations in its stock price throughout the past year between $110.75 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 $118.86 at the most recent close of the market. An investor can expect a potential return of 54.59% based on the average WMS price forecast.
Analyzing the WMS fundamentals
Trailing Twelve Months sales for Advanced Drainage Systems Inc [NYSE:WMS] were 2.91B which represents 0.31% growth. 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 0.37 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
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 116.31 points at the first support level, and at 113.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 120.26, and for the 2nd resistance point, it is at 121.65.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Advanced Drainage Systems Inc [NYSE:WMS] is 3.19. As well, the Quick Ratio is 2.15, while the Cash Ratio is 1.31. Considering the valuation of this stock, the price to sales ratio is 3.16, the price to book ratio is 6.17 and price to earnings (TTM) ratio is 18.92.
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.
