Advanced Drainage Systems ( (WMS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Advanced Drainage Systems shares climbed after the company unveiled a powerful mix of shareholder-friendly and growth-focused moves. The board authorized a fresh $1 billion share repurchase program, lifting the total remaining buyback capacity to $1.148 billion, a signal that management believes the stock is undervalued and is committed to boosting earnings per share. At the same time, Advanced Drainage Systems completed its acquisition of NDS (National Diversified Sales), expanding its product portfolio and market reach in water management solutions. The company also provided an upbeat outlook, issuing fiscal 2026 adjusted EBITDA guidance of $930 million to $960 million, reinforcing investor confidence in its long‑term profit growth potential.
More about Advanced Drainage Systems
YTD Price Performance: 10.65%
Average Trading Volume: 642,452
Technical Sentiment Signal: Buy
Current Market Cap: $12.46B
For further insights into WMS stock on TipRanks’ Stock Analysis page.
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