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Advanced Drainage Systems (WMS)
NYSE:WMS
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Advanced Drainage Systems (WMS) Price & Analysis

402 Followers

WMS Stock Chart & Stats

$153.37
$1.92(1.69%)
At close: 4:00 PM EST
$153.37
$1.92(1.69%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationSustained high cash conversion (OCF ~2x net income; FCF ~70% of net income) provides durable internal funding for capex, acquisitions, dividends, and buybacks. This reduces reliance on markets and supports disciplined capital allocation through construction cycles and investment in growth initiatives.
Strong ProfitabilityRobust, multi-year margins reflect durable product economics, pricing power, and a favorable product mix (high-margin allied products). Such structural profitability supports reinvestment, resilience to moderate volume swings, and the ability to sustain returns through normal industry cyclicality.
Strategic M&A & Portfolio ExpansionThe NDS acquisition expands allied product breadth and cross-sell opportunities, diversifying revenue beyond core pipe. Delivered synergies and integration progress signal durable scale benefits, broader addressable markets, and incremental margin uplift over the medium term.
Bears Say
Thin Reported Equity / LeverageA sharply reduced reported equity base magnifies balance-sheet risk: even moderate earnings or asset write-downs could erode cushions, increasing refinancing or covenant sensitivity. Despite current moderate leverage metrics, the thinner equity amplifies volatility in returns and financial flexibility.
Cyclical End‑Market ExposureMaterial exposure to single-family residential and agriculture exposes revenues to prolonged affordability and commodity cycles. Management's FY27 volume assumptions assume flat organic volumes, indicating limited insulation; sustained housing or farm weakness could constrain growth over several quarters.
Input-Cost & Competitive PressurePersistent resin, fuel, and transport inflation creates structural margin risk if pricing lags. Regional competition from concrete, which isn't exposed to resin volatility, can compress ADS's value proposition in some markets, pressuring mix and requiring sustained pricing or recycling investments to defend margins.

Advanced Drainage Systems News

WMS FAQ

What was Advanced Drainage Systems’s price range in the past 12 months?
Advanced Drainage Systems lowest stock price was $109.63 and its highest was $179.31 in the past 12 months.
    What is Advanced Drainage Systems’s market cap?
    Advanced Drainage Systems’s market cap is $10.35B.
      When is Advanced Drainage Systems’s upcoming earnings report date?
      Advanced Drainage Systems’s upcoming earnings report date is Jul 30, 2026 which is in 47 days.
        How were Advanced Drainage Systems’s earnings last quarter?
        Advanced Drainage Systems released its earnings results on May 21, 2026. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.936 by $0.134.
          Is Advanced Drainage Systems overvalued?
          According to Wall Street analysts Advanced Drainage Systems’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Advanced Drainage Systems pay dividends?
            Advanced Drainage Systems pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 0.47%. See more information on Advanced Drainage Systems dividends here
              What is Advanced Drainage Systems’s EPS estimate?
              Advanced Drainage Systems’s EPS estimate is 2.1.
                How many shares outstanding does Advanced Drainage Systems have?
                Advanced Drainage Systems has 76,645,386 shares outstanding.
                  What happened to Advanced Drainage Systems’s price movement after its last earnings report?
                  Advanced Drainage Systems reported an EPS of $1.07 in its last earnings report, beating expectations of $0.936. Following the earnings report the stock price went down -1.228%.
                    Which hedge fund is a major shareholder of Advanced Drainage Systems?
                    Currently, no hedge funds are holding shares in WMS
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Advanced Drainage Systems

                      Advanced Drainage Systems, Inc., established in Hilliard, Ohio in 1966, is a leading provider of innovative water management solutions. The company specializes in the design, manufacturing, and global distribution of thermoplastic corrugated pipes and related drainage products, primarily targeting the underground construction and infrastructure sectors across the United States, Canada, Mexico, and other international territories. Its operations are structured across four key segments: Pipe, International, Infiltrator, and Allied Products & Other. ADS offers a wide array of products, including single, double, and triple-wall corrugated pipes made from polypropylene and polyethylene. Beyond basic piping, their extensive catalog features sophisticated water management systems such as plastic leachfield chambers, EZflow synthetic aggregate bundles, advanced mechanical aeration wastewater solutions, septic tanks and accessories, and integrated treatment and dispersal units. Furthermore, the company supplies allied products like storm retention, detention, and septic chambers, polyvinyl chloride drainage structures, various fittings, and water quality filters and separators. ADS also distributes construction fabrics and other geosynthetic materials vital for soil stabilization, reinforcement, filtration, erosion control, and sub-surface drainage, alongside drainage grates. These products cater to a broad spectrum of applications, including residential, non-residential, agricultural, and large-scale infrastructure projects, supported by approximately 38 distribution centers.

                      Advanced Drainage Systems (WMS) Earnings & Revenues

                      WMS Company Deck

                      WMS Earnings Call

                      Q4 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call portrays a broadly positive financial and strategic picture: robust revenue and margins, strong free cash flow and balance-sheet metrics, successful close and early integration of the $1.0B NDS acquisition with expected synergies, and clear FY27 guidance. Principal risks include near-term inflationary pressures (diesel and carrier rates), choppy demand with pull-forward buying that could create short-term 'air pockets,' regional competitive pressure versus concrete, and softness in single-family residential and agriculture. Management has multiple operational levers (recycling, internal fleet, pricing actions, SG&A management) and a conservative, cash-focused approach that support confidence in navigating the headwinds.View all WMS earnings summaries

                      WMS Net sales Breakdown

                      55.91%55.91%22.53%14.40%7.16%
                      55.91% Pipe
                      22.53% Allied Products & Other
                      14.40% Infiltrator
                      7.16% International
                      tipranks

                      WMS Stock 12 Month Forecast

                      Average Price Target

                      $184.33
                      ▲(20.19% Upside)
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