Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace in the United States, Canada, Mexico, and internationally. It operates through Pipe, International and Infiltrator, and Allied Products & Other segments. The company offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems, EZflow synthetic aggregate bundles, mechanical aerated wastewater solutions, septic tanks and accessories, and combined treatment dispersal systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. The company offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 38 distribution centers. Advanced Drainage Systems, Inc. was incorporated in 1966 and is headquartered in Hilliard, Ohio.
IPO Year: 2014
Exchange: NYSE
Website: adspipe.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2024 | $170.00 → $135.00 | Overweight → Equal-Weight | Stephens |
| 5/8/2024 | $190.00 | Buy | Northcoast |
| 8/25/2023 | $148.00 | Overweight | Stephens |
| 7/24/2023 | $150.00 | Overweight | KeyBanc Capital Markets |
| 6/28/2023 | $107.00 → $114.00 | Overweight → Equal-Weight | Morgan Stanley |
| 4/19/2023 | $108.00 | Outperform | Oppenheimer |
| 8/18/2022 | $182.00 | Buy | Deutsche Bank |
| 3/1/2022 | $145.00 | Equal-Weight → Overweight | Morgan Stanley |
| 12/15/2021 | $135.00 → $162.00 | Overweight | Barclays |
| 11/5/2021 | $130.00 → $135.00 | Overweight | Barclays |
4 - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Issuer)
4 - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Issuer)
4 - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Issuer)
4 - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Issuer)
4 - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Issuer)
4 - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Issuer)
4 - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Issuer)
4 - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Issuer)
4 - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Issuer)
4 - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Issuer)
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the "Board") has approved a quarterly cash dividend to its shareholders in the amount of $0.16 per share, a 14% increase over the prior year dividend amount. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, "Today's dividend announcement is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and ope
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal second quarter ended September 30, 2024. Second Quarter Fiscal 2025 Results Net sales of $782.6 million, flat to prior year Net income decreased 4.3% to $131.2 million Net income per diluted share decreased 2.3% to $1.67 Adjusted EBITDA (Non-GAAP) of $245.6 million, flat to prior year Adjusted Earnings per share (Non-GAAP) of $1.70, flat to prior year Year-to-Date Fiscal 2025 Results Net sales increased 2.5% to $1.6 billion Net income decreas
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal second quarter ended September 30, 2024, before the market opens on November 8, 2024. President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on November 8, 2024, at 10:00 a.m. ET to discuss the results. Webcast: Interested investors and other parties can listen to a webcast of the live
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the "Board") has approved a quarterly cash dividend to its shareholders in the amount of $0.16 per share, a 14% increase over the prior year dividend amount. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems, commented, "Today's dividend announcement is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and o
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal first quarter ended June 30, 2024. First Quarter Fiscal 2025 Results Net sales increased 4.8% to $815.3 million Net income decreased 6.7% to $162.3 million Net income per diluted share decreased 5.5% to $2.06 Adjusted EBITDA (Non-GAAP) decreased 2.1% to $275.5 million Adjusted Earnings per share (Non-GAAP) of $2.06 was flat Scott Barbour, President and Chief Executive Officer of ADS commented, "We are pleased with the fiscal first quarter
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal first quarter ended June 30, 2024, before the market opens on August 8, 2024. President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on August 8, 2024, at 10:00 a.m. ET to discuss the results. Webcast: Interested investors and other parties can listen to a webcast of the live confere
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, today announced that its Board of Directors (the "Board") has approved a total annual cash dividend to its shareholders in the amount of $0.64 per share, a 14% increase over the prior year dividend amount. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, "The 14% increase in the cash dividend is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. In Fiscal 2024, we returned $2
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fourth quarter and fiscal year ended March 31, 2024. Fourth Quarter Fiscal 2024 Results Net sales increased 5.9% to $653.8 million Net income increased 10.6% to $95.5 million Diluted net income per share increased 14.5% to $1.21 Adjusted EBITDA (Non-GAAP) increased 11.2% to $191.2 million Fiscal 2024 Results Net sales decreased 6.4% to $2,874.5 million Net income increased 0.4% to $513.3 million Diluted net income per share increased 6.1% t
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal fourth quarter and year ended March 31, 2024, before the market opens on May 16, 2024. President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on May 16, 2024, at 10:00 a.m. ET to discuss the results. Webcast: Interested investors and other parties can listen to a webcast of the live
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the "Board") has approved a quarterly cash dividend to its shareholders in the amount of $0.14 per share, a 17% increase over the prior year dividend amount. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, "Today's dividend announcement is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and op
10-Q - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Filer)
8-K - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Filer)
11-K - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Filer)
8-K - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Filer)
10-Q - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Filer)
8-K - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Filer)
8-K - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Filer)
8-K - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Filer)
ARS - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Filer)
DEF 14A - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Filer)
BRENTWOOD, Tenn., March 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (the Company) announced today that, effective March 15, 2024, Catherine Hernandez-Blades and Alexander R. Fischer will be appointed as independent members of the Company's Board of Directors, expanding the board from ten to twelve directors, ten of whom have been determined by the board to be independent. The company also announced today that Donna M. Alvarado, who has served on CoreCivic's Board of Directors since 2003, will retire from the Board in accordance with the Company's retirement policy after the company's 2024 Annual Meeting of Shareholders, bringing the number of board members at that point to elev
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries announced today that Roy Moore, Executive Vice President, intends to retire effective May 31, 2023. As part of the Company's succession plan, Craig Taylor, will succeed Moore in his current role. Craig Taylor currently serves as the Vice President of Finance at the Company's wholly owned subsidiary, Infiltrator Water Technologies, LLC ("Infiltrator"). Scott Barbour, President and Chief Executive Officer of ADS commented, "We are grateful to Roy for his valued leadership and the many contributions he has m
SC 13G/A - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Subject)
SC 13G/A - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Subject)
SC 13G/A - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Subject)
SC 13G/A - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Subject)
SC 13G - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Subject)
SC 13G/A - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Subject)
SC 13G - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Subject)
SC 13D/A - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Subject)
SC 13D/A - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Subject)
SC 13D/A - ADVANCED DRAINAGE SYSTEMS, INC. (0001604028) (Subject)
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the "Board") has approved a quarterly cash dividend to its shareholders in the amount of $0.16 per share, a 14% increase over the prior year dividend amount. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, "Today's dividend announcement is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and ope
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal second quarter ended September 30, 2024. Second Quarter Fiscal 2025 Results Net sales of $782.6 million, flat to prior year Net income decreased 4.3% to $131.2 million Net income per diluted share decreased 2.3% to $1.67 Adjusted EBITDA (Non-GAAP) of $245.6 million, flat to prior year Adjusted Earnings per share (Non-GAAP) of $1.70, flat to prior year Year-to-Date Fiscal 2025 Results Net sales increased 2.5% to $1.6 billion Net income decreas
Lt. Governor Jon Husted joins state and local government, and economic development officials in event to celebrate the opening of the largest stormwater engineering center in the world HILLIARD, Ohio, Oct. 23, 2024 /PRNewswire/ -- Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, celebrated the opening of the $65 million ADS Engineering and Technology Center. The 110,000-square-foot research and testing facility is the largest stormwater engineering center in the world and is located in Hilliard, Ohio, near the company's headquarters.
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal second quarter ended September 30, 2024, before the market opens on November 8, 2024. President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on November 8, 2024, at 10:00 a.m. ET to discuss the results. Webcast: Interested investors and other parties can listen to a webcast of the live
Aquabox storage system expands stormwater management product portfolio Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, and Geoplast, an Italian leader in recycled plastic solutions for sustainable construction products, entered into a strategic partnership to distribute Aquabox, a modular, high-capacity stormwater retention/detention system in the United States. The Aquabox product line is designed to create flexible underground storage for stormwater retention, infiltration, disposal or harvesting for reuse. Geoplast has a proven history of designi
Enhances ADS' position as a leader in water management solutions Expands offering and footprint in the highly attractive advanced wastewater treatment industry Aligns with core growth strategies and commitment to innovation Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, today announced the signing of a definitive agreement pursuant to which the Company's wholly-owned subsidiary, Infiltrator Water Technologies ("Infiltrator"), will acquire Orenco Systems, Inc. ("Orenco"), a leading manufacturer of advanced onsite septic wastewater treatment pr
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the "Board") has approved a quarterly cash dividend to its shareholders in the amount of $0.16 per share, a 14% increase over the prior year dividend amount. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems, commented, "Today's dividend announcement is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and o
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal first quarter ended June 30, 2024. First Quarter Fiscal 2025 Results Net sales increased 4.8% to $815.3 million Net income decreased 6.7% to $162.3 million Net income per diluted share decreased 5.5% to $2.06 Adjusted EBITDA (Non-GAAP) decreased 2.1% to $275.5 million Adjusted Earnings per share (Non-GAAP) of $2.06 was flat Scott Barbour, President and Chief Executive Officer of ADS commented, "We are pleased with the fiscal first quarter
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, today announced that Luke Kissam has been elected to its Board of Directors at the Company's Annual Meeting of Stockholders ("Annual Meeting"), effective immediately. "We are pleased to welcome Luke Kissam to the ADS Board of Directors," said Robert Eversole, Chairman of the Board of Directors. "Luke brings significant leadership and management capabilities from both his tenure as CEO of a global specialty chemicals company and his notable experience in the board room. I am confident his extensive knowl
Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal first quarter ended June 30, 2024, before the market opens on August 8, 2024. President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on August 8, 2024, at 10:00 a.m. ET to discuss the results. Webcast: Interested investors and other parties can listen to a webcast of the live confere
Stephens downgraded Advanced Drainage Systems from Overweight to Equal-Weight and set a new price target of $135.00 from $170.00 previously
Northcoast initiated coverage of Advanced Drainage Systems with a rating of Buy and set a new price target of $190.00
Stephens initiated coverage of Advanced Drainage Systems with a rating of Overweight and set a new price target of $148.00
KeyBanc Capital Markets initiated coverage of Advanced Drainage Systems with a rating of Overweight and set a new price target of $150.00
Morgan Stanley downgraded Advanced Drainage Systems from Overweight to Equal-Weight and set a new price target of $114.00 from $107.00 previously
Oppenheimer initiated coverage of Advanced Drainage Systems with a rating of Outperform and set a new price target of $108.00
Deutsche Bank initiated coverage of Advanced Drainage Systems with a rating of Buy and set a new price target of $182.00
Morgan Stanley upgraded Advanced Drainage Systems from Equal-Weight to Overweight and set a new price target of $145.00
Barclays reiterated coverage of Advanced Drainage Systems with a rating of Overweight and set a new price target of $162.00 from $135.00 previously
Barclays reiterated coverage of Advanced Drainage Systems with a rating of Overweight and set a new price target of $135.00 from $130.00 previously
Advanced Drainage Systems (NYSE:WMS) has outperformed the market over the past 10 years by 15.26% on an annualized basis producing an average annual return of 26.27%. Currently, Advanced Drainage Systems has a market capitalization of $12.89 billion. Buying $100 In WMS: If an investor had bought $100 of WMS stock 10 years ago, it would be worth $1,030.00 today based on a price of $163.51 for WMS at the time of writing. Advanced Drainage Systems's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generate
Advanced Drainage Systems's (NYSE:WMS) short percent of float has risen 10.94% since its last report. The company recently reported that it has 1.09 million shares sold short, which is 1.42% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.27 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Sho
Advanced Drainage Systems's (NYSE:WMS) short percent of float has fallen 22.17% since its last report. The company recently reported that it has 949 thousand shares sold short, which is 1.65% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.34 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Sh
On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Enbridge Inc. (NYSE:ENB). “I trust that management team,” he added. On May 10, Enbridge posted better-than-expected quarterly earnings. Lazard, Inc. (NYSE:LAZ) is a good buy here, Cramer said. “I do believe that things are going to get a little less onerous… when it comes to takeovers.” On May 20, Lazard announced that Ben Braun joined the firm as managing director and global head of Media, Entertainment & Sports Advisory. Cramer recommended staying away from AST SpaceMobile, Inc. (NASDAQ:ASTS) as there are so many great companies. “We don't need to be in that one,” he added. On May 15, AST SpaceMobile and AT&T an
U.S. stocks settled higher on Friday, as the Dow Jones index settled above the major 40,000 level for the first time. U.S. major indices also notched weekly gains, with the Dow gaining 1.2% to record its fifth consecutive weekly gain, while the S&P 500 added 1.5% last week. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust. Benzinga’s Analyst Ratings API is a collection of the highest-quality stock r
Barclays analyst Matthew Bouley maintains Advanced Drainage Systems (NYSE:WMS) with a Overweight and raises the price target from $189 to $202.
Advanced Drainage Systems, Inc. (NYSE:WMS) posted upbeat results for its fourth quarter and raised its dividend on Thursday. Advanced Drainage Systems posted GAAP earnings of $1.21 per share, beating market estimates of $1.01 per share. The company's quarterly sales came in at $653.840 million versus expectations of $610.832 million, according to data from Benzinga Pro. Advanced Drainage Systems raised its quarterly cash dividend by 14% to 16 cents per share. Scott Barbour, President and Chief Executive Officer of ADS commented, “Fiscal 2024 was ADS’ ninth consecutive year of record profitability. Adjusted EBITDA increased 2% to $923 million due to the effective management of price/