Advanced Drainage Systems NYSE: WMS held its annual meeting of stockholders virtually, with shareholders approving all three proposals presented by the company, according to meeting remarks from President and CEO D. Scott Barbour and Secretary Scott Cottrill.
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Barbour opened the meeting by outlining the agenda, which included the election of nine directors, ratification of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending March 31, 2027, and a non-binding advisory vote on compensation for named executive officers.
The meeting was conducted through an online virtual meeting portal. Barbour said management would not take questions during the meeting, though stockholders could submit questions through the portal for potential response at a later date.
Quorum Established for Virtual Meeting Cottrill said notice of the annual meeting was mailed on June 3, 2026, to stockholders of record as of the close of business on May 22, 2026. Stockholders were provided electronic access to the company’s proxy statement, proxy card, annual report and other voting materials, with the option to request hard copies.
Cottrill reported that at least 69,449,767 shares of common stock were present or represented by proxy at the meeting, equal to approximately 90.61% of the shares outstanding and entitled to vote as of the record date. Barbour declared that a quorum was present and that the meeting was duly convened.
Director Nominees Elected The first proposal asked stockholders to elect nine directors to serve terms expiring at the company’s 2027 annual meeting, or until their successors are elected and qualified. The nominees were D. Scott Barbour, Anesa T. Chaibi, Michael B. Coleman, Robert M. Eversole, Alex R. Fischer, Tanya D. Fratto, Kelly S. Gast, Manuel J. Perez de la Mesa and Anil Seetharam.
Barbour said the Board of Directors recommended that stockholders vote in favor of each nominee. After voting was completed, the preliminary report of the Inspector of Election indicated that each director nominee received the required number of votes and was elected. No other candidates received votes, according to the report read during the meeting.
Barbour also recognized Mark Haney and Luther Kissam, who were not standing for re-election, thanking them for their service as members of the board and for the “depth and breadth of expertise” they brought to the board.
Deloitte Ratified as Auditor Stockholders also ratified the appointment of Deloitte & Touche LLP as Advanced Drainage Systems’ independent registered public accounting firm for the fiscal year ending March 31, 2027. Barbour noted that a representative from Deloitte was in attendance and could respond to appropriate questions submitted by stockholders through the online portal, with any responses to be addressed later as appropriate.
The company said the proposal received support from at least a majority of the outstanding shares present through the virtual meeting room or represented by proxy and entitled to vote.
Executive Compensation Approved The third proposal was a non-binding advisory vote to approve the compensation of the company’s named executive officers. Barbour said the compensation details were discussed in the proxy statement made available to stockholders ahead of the meeting, and that the board recommended a vote in favor.
According to the preliminary voting results announced during the meeting, stockholders approved the executive compensation proposal by the required majority of shares present or represented by proxy and entitled to vote.
After the results were announced, Barbour requested that the final report of the Inspector of Election be filed with the meeting minutes. With no additional business to come before stockholders, the formal meeting was adjourned.
About Advanced Drainage Systems (NYSE:WMS)Advanced Drainage Systems, Inc NYSE: WMS is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.
The company's product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.
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HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite 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, 2026, before the market opens on August 6, 2026. President and Chief Executive Officer, Scott Barbour, and Chief Fi.
Advanced Drainage Systems is rated Buy, driven by its ability to deliver complete water-management systems for large, complex stormwater projects. WMS's competitive edge stems from product breadth, engineering expertise, manufacturing scale, and national distribution, making it a preferred supplier as project complexity increases. Data center construction is a key forward catalyst, with WMS positioned to capture higher revenue per project as demand for integrated stormwater solutions grows.
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, will host its 2026 Investor Day today in Hilliard, OH.
The event will take place at the new ADS Engineering and Technology Center, the world’s most advanced stormwater facility and a hub for innovation and new product development, and will include a walking tour for in-person guests. Attendees will hear directly from the leadership team as they share updates on ADS’ pure play water exposure, differentiated growth story, and resilient profit platform, followed by a panel discussion on Innovation and the Future of Water Management Solutions. The Company will also unveil its fiscal 2030 outlook and growth projections.
The presentation will be followed by a question-and-answer session. The presentation is scheduled to begin at 9:00 a.m. ET and will be webcast live at investors.ads-pipe.com. A replay will also be available on the website following the event.
About the Company
Advanced Drainage Systems is a leading manufacturer of innovative stormwater and onsite wastewater solutions that manage the world’s most precious resource: water. ADS, along with NDS and Infiltrator Water Technologies, provides superior stormwater drainage and onsite wastewater products used across commercial, residential, infrastructure, and agricultural applications, while delivering unparalleled customer service. ADS operates the industry’s largest company-owned fleet, an expansive sales team and a vast manufacturing network. As one of the largest plastic recycling companies in North America, ADS keeps hundreds of millions of pounds of plastic out of landfills each year. Founded in 1966, ADS’ water management solutions are designed to last for decades. To learn more, visit the Company’s website at www.adspipe.com.
Forward-Looking Statements
Certain statements in this press release may be deemed to be forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections regarding the Company’s business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “confident” and similar expressions are used to identify these forward-looking statements. Factors that could cause actual results to differ from those reflected in forward-looking statements relating to our operations and business include: fluctuations in the price and availability of resins and other raw materials, new tariff and international trade policies, and our ability to pass any increased costs of raw materials and tariffs on to our customers in a timely manner; disruption or volatility in general business, political and economic conditions in the markets in which we operate; cyclicality and seasonality of the non-residential and residential construction markets and infrastructure spending; the risks of increasing competition in our existing and future markets; uncertainties surrounding the integration and realization of anticipated benefits of acquisitions or doing so within the intended timeframe, including our ability to successfully integrate NDS into our business; risks that the acquisition of NDS may involve unexpected costs, liabilities, risks that the cost savings and synergies from the acquisition of NDS may not be fully realized; the effect of weather or seasonality; the loss of any of our significant customers; the risks of doing business internationally; the risks of conducting a portion of our operations through joint ventures; our ability to expand into new geographic or product markets; the risk associated with manufacturing processes; the effects of global climate change and any related regulatory responses; our ability to protect against cybersecurity incidents and disruptions or failures of our IT systems; our ability to assess and monitor the effects of artificial intelligence, machine learning, robotics and blockchain or other new approaches to data mining on our business and operations; our ability to manage our supply purchasing and customer credit policies; our ability to control labor costs and to attract, train and retain highly qualified employees and key personnel; our ability to protect our intellectual property rights; changes in laws and regulations, including environmental laws and regulations; our ability to appropriately address any environmental, social or governance concerns that may arise from our activities; the risks associated with our current levels of indebtedness, including borrowings under our existing credit agreement and outstanding indebtedness under our existing senior notes; and other risks and uncertainties described in the Company’s filings with the SEC. New risks and uncertainties emerge from time to time and it is not possible for the Company to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the Company’s expectations, objectives or plans will be achieved in the timeframe anticipated or at all. Investors are cautioned not to place undue reliance on the Company’s forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Certified integration delivers real-time inventory visibility and operational accuracy across heavy-duty dealership operations
AUSTIN, Texas--(BUSINESS WIRE)--Epicor, a global leader in industry-specific enterprise software, today announced that its Epicor Indago™ Warehouse Management System (WMS) has achieved certified integration with Karmak Fusion, the leading dealer management system (DMS) for heavy-duty truck operations. Certified by Karmak’s Alliance Program, the integration enables seamless, real-time data exchange between warehouse and business operations, helping businesses improve inventory accuracy, streamline workflows and gain the visibility needed to make faster, more informed decisions.
Through this integration, Indago WMS and Karmak Fusion synchronize inventory movements and transactions in real time, reducing manual reconciliation and providing a single source of operational truth across parts, service and financial operations.
“Epicor Indago WMS was designed to modernize warehouse operations and extend the value of core business systems like Karmak Fusion,” said Suellyn Sprague, Vice President and General Manager, Automotive, Epicor. “This certified integration underscores our commitment to delivering connected, end-to-end solutions that provide real-time visibility, improve accuracy and drive measurable business outcomes for our customers.”
“We’re excited to welcome Indago WMS to the Karmak Alliance Program as our newest fully Certified Partner,” said Reid Heiser, Sr. Manager of Marketing and Alliances, Karmak. “Our customers depend on reliable, accurate data across their systems, and this collaboration ensures that warehouse operations are fully aligned with dealership processes. The result is greater operational efficiency and a stronger foundation for growth.”
The integration was successfully implemented and validated by Tom Nehl Truck Company, a premier heavy-duty truck dealership and early adopter that partnered closely with Epicor and Karmak to test, refine and demonstrate the solution's value in a live environment. The company implemented Indago WMS alongside its Karmak Fusion system to improve warehouse performance and inventory control.
“With Indago WMS, we’ve significantly improved inventory accuracy, reduced receiving time by nearly 50% and gained far better visibility into inventory movement,” said Court Wright, Director of IT, Tom Nehl Truck Company. “It’s become a core part of our warehouse operations and a key driver of efficiency.”
Beyond measurable operational improvements, the integration provides warehouse teams with greater traceability and confidence in inventory data across operations.
The Epicor Indago WMS and Karmak Fusion integration is now available to mutual customers, providing a modern, connected solution that helps companies turn trusted inventory data into faster, more accurate operational decisions and stronger business performance.
For more information on Indago WMS, please visit epicor.com/Indago.
About Epicor
Epicor is a global leader in industry specific ERP software, serving the make, move, and sell industries for more than 50 years. Built on deep supply chain expertise, Epicor is redefining ERP for the AI era with its Cognitive ERP vision – embedding intelligent agents, automation, and human guided decision support directly into enterprise workflows. Epicor helps organizations move from insight to action with confidence, clarity, and speed. Visit www.epicor.com.
Epicor and the Epicor logo are trademarks of Epicor Software Corporation, registered in the United States and other countries. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation. Results are not guaranteed, and each user’s experience will vary.
Achmea Investment Management B.V. lifted its holdings in Advanced Drainage Systems, Inc. (NYSE: WMS) by 2.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 129,694 shares of the construction company's stock after acquiring an additional 3,707 shares during the quarter. Achmea
Elevatus Welath Management bought a new position in Advanced Drainage Systems, Inc. (NYSE: WMS) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 17,954 shares of the construction company's stock, valued at approximately $2,600,000. Several other hedge funds and other institutional investors
Perigon Wealth Management LLC acquired a new stake in shares of Advanced Drainage Systems, Inc. (NYSE:WMS – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,905 shares of the construction company’s stock, valued at approximately $710,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WMS. Wellington Management Group LLP boosted its stake in shares of Advanced Drainage Systems by 234.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,188,906 shares of the construction company’s stock worth $164,901,000 after acquiring an additional 832,929 shares in the last quarter. Interval Partners LP boosted its stake in shares of Advanced Drainage Systems by 98.0% during the 3rd quarter. Interval Partners LP now owns 968,534 shares of the construction company’s stock worth $134,336,000 after acquiring an additional 479,413 shares in the last quarter. SG Capital Management LLC purchased a new stake in shares of Advanced Drainage Systems during the 3rd quarter worth about $45,591,000. Franklin Resources Inc. boosted its stake in shares of Advanced Drainage Systems by 586.9% during the 3rd quarter. Franklin Resources Inc. now owns 285,810 shares of the construction company’s stock worth $39,642,000 after acquiring an additional 244,202 shares in the last quarter. Finally, Capital International Investors boosted its stake in shares of Advanced Drainage Systems by 34.9% during the 3rd quarter. Capital International Investors now owns 933,851 shares of the construction company’s stock worth $129,525,000 after acquiring an additional 241,500 shares in the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.
Advanced Drainage Systems Stock Down 0.5% Shares of NYSE WMS opened at $139.98 on Wednesday. The company has a 50 day simple moving average of $153.55 and a 200-day simple moving average of $149.00. The company has a market capitalization of $10.90 billion, a P/E ratio of 23.29, a P/E/G ratio of 1.47 and a beta of 1.37. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.12 and a quick ratio of 3.08. Advanced Drainage Systems, Inc. has a 1 year low of $93.92 and a 1 year high of $179.32.
Advanced Drainage Systems (NYSE:WMS – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The construction company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.16. The business had revenue of $693.35 million during the quarter, compared to the consensus estimate of $686.37 million. Advanced Drainage Systems had a net margin of 15.75% and a return on equity of 27.72%. The business’s revenue was up .4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.09 EPS. On average, equities research analysts predict that Advanced Drainage Systems, Inc. will post 6.1 earnings per share for the current year.
Advanced Drainage Systems Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.5%. Advanced Drainage Systems’s dividend payout ratio (DPR) is presently 11.98%.
Wall Street Analyst Weigh In Several research firms have recently issued reports on WMS. KeyCorp increased their target price on shares of Advanced Drainage Systems from $180.00 to $198.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Barclays increased their target price on shares of Advanced Drainage Systems from $187.00 to $198.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Oppenheimer increased their target price on shares of Advanced Drainage Systems from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Royal Bank Of Canada increased their target price on shares of Advanced Drainage Systems from $176.00 to $205.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Finally, Robert W. Baird set a $205.00 price objective on Advanced Drainage Systems in a report on Friday, February 6th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Advanced Drainage Systems has an average rating of “Moderate Buy” and a consensus price target of $193.43.
Read Our Latest Research Report on WMS
About Advanced Drainage Systems (Free Report)
Advanced Drainage Systems, Inc (NYSE: WMS) is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.
The company’s product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.
Further Reading Five stocks we like better than Advanced Drainage Systems Want to see what other hedge funds are holding WMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Drainage Systems, Inc. (NYSE:WMS – Free Report).
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Allspring Global Investments Holdings LLC lowered its position in Advanced Drainage Systems, Inc. (NYSE:WMS – Free Report) by 66.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,147 shares of the construction company’s stock after selling 12,349 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Advanced Drainage Systems were worth $920,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Bridges Investment Management Inc. lifted its position in Advanced Drainage Systems by 32.9% in the third quarter. Bridges Investment Management Inc. now owns 28,122 shares of the construction company’s stock valued at $3,901,000 after purchasing an additional 6,960 shares during the last quarter. Mediolanum International Funds Ltd bought a new stake in Advanced Drainage Systems in the third quarter valued at approximately $24,314,000. Essex Investment Management Co. LLC lifted its position in Advanced Drainage Systems by 345.7% in the third quarter. Essex Investment Management Co. LLC now owns 42,898 shares of the construction company’s stock valued at $5,950,000 after purchasing an additional 33,274 shares during the last quarter. Pacer Advisors Inc. bought a new stake in Advanced Drainage Systems in the third quarter valued at approximately $1,321,000. Finally, Asset Management One Co. Ltd. lifted its position in Advanced Drainage Systems by 29.7% in the third quarter. Asset Management One Co. Ltd. now owns 19,982 shares of the construction company’s stock valued at $2,772,000 after purchasing an additional 4,574 shares during the last quarter. Hedge funds and other institutional investors own 89.83% of the company’s stock.
Advanced Drainage Systems Price Performance Shares of Advanced Drainage Systems stock opened at $149.37 on Friday. The business has a 50 day moving average of $153.38 and a 200 day moving average of $148.99. The company has a quick ratio of 3.08, a current ratio of 4.12 and a debt-to-equity ratio of 0.72. The company has a market cap of $11.64 billion, a PE ratio of 24.85, a P/E/G ratio of 1.57 and a beta of 1.37. Advanced Drainage Systems, Inc. has a 52 week low of $100.50 and a 52 week high of $179.32.
Advanced Drainage Systems (NYSE:WMS – Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The construction company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.16. The business had revenue of $693.35 million during the quarter, compared to the consensus estimate of $686.37 million. Advanced Drainage Systems had a return on equity of 27.72% and a net margin of 15.75%.The firm’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.09 earnings per share. As a group, equities research analysts forecast that Advanced Drainage Systems, Inc. will post 6.1 earnings per share for the current year.
Advanced Drainage Systems Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.18 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.72 dividend on an annualized basis and a yield of 0.5%. Advanced Drainage Systems’s dividend payout ratio is 11.98%.
Analyst Upgrades and Downgrades A number of equities analysts recently commented on WMS shares. Robert W. Baird set a $205.00 target price on Advanced Drainage Systems in a report on Friday, February 6th. Barclays decreased their target price on Advanced Drainage Systems from $198.00 to $181.00 and set an “overweight” rating for the company in a report on Wednesday. KeyCorp upped their target price on Advanced Drainage Systems from $180.00 to $198.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Weiss Ratings restated a “hold (c)” rating on shares of Advanced Drainage Systems in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada upped their target price on Advanced Drainage Systems from $176.00 to $205.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $191.00.
Check Out Our Latest Research Report on WMS
Advanced Drainage Systems Profile (Free Report)
Advanced Drainage Systems, Inc (NYSE: WMS) is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.
The company’s product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.
See Also Five stocks we like better than Advanced Drainage Systems Want to see what other hedge funds are holding WMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Drainage Systems, Inc. (NYSE:WMS – Free Report).
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Advanced Drainage Systems, Inc. (NYSE:WMS – Get Free Report) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $191.00.
WMS has been the subject of a number of research reports. KeyCorp raised their target price on shares of Advanced Drainage Systems from $180.00 to $198.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Oppenheimer raised their price objective on shares of Advanced Drainage Systems from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Barclays decreased their price objective on shares of Advanced Drainage Systems from $198.00 to $181.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Advanced Drainage Systems in a research note on Wednesday, January 21st. Finally, UBS Group set a $215.00 price objective on shares of Advanced Drainage Systems and gave the stock a “buy” rating in a research note on Friday, February 6th.
Check Out Our Latest Research Report on Advanced Drainage Systems
Advanced Drainage Systems Trading Up 3.4% Shares of NYSE:WMS opened at $152.21 on Tuesday. The stock has a market capitalization of $11.86 billion, a price-to-earnings ratio of 25.33, a PEG ratio of 1.57 and a beta of 1.37. Advanced Drainage Systems has a 1-year low of $100.60 and a 1-year high of $179.32. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.08 and a current ratio of 4.12. The company has a 50 day moving average price of $153.21 and a 200 day moving average price of $149.24.
Advanced Drainage Systems (NYSE:WMS – Get Free Report) last issued its earnings results on Thursday, February 5th. The construction company reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.16. The firm had revenue of $693.35 million during the quarter, compared to analysts’ expectations of $686.37 million. Advanced Drainage Systems had a net margin of 15.75% and a return on equity of 27.72%. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period last year, the firm posted $1.09 earnings per share. On average, research analysts anticipate that Advanced Drainage Systems will post 6.1 EPS for the current fiscal year.
Advanced Drainage Systems Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a $0.18 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.72 dividend on an annualized basis and a yield of 0.5%. Advanced Drainage Systems’s dividend payout ratio (DPR) is currently 11.98%.
Hedge Funds Weigh In On Advanced Drainage Systems Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in Advanced Drainage Systems in the 3rd quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. boosted its stake in Advanced Drainage Systems by 352.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 226 shares of the construction company’s stock worth $26,000 after purchasing an additional 176 shares during the period. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Advanced Drainage Systems in the 3rd quarter worth approximately $33,000. Cullen Frost Bankers Inc. boosted its stake in Advanced Drainage Systems by 1,242.1% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 255 shares of the construction company’s stock worth $35,000 after purchasing an additional 236 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Advanced Drainage Systems during the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 89.83% of the company’s stock.
Advanced Drainage Systems Company Profile (Get Free Report)
Advanced Drainage Systems, Inc (NYSE: WMS) is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.
The company’s product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.
Featured Articles Five stocks we like better than Advanced Drainage Systems
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Advanced Drainage Systems (WMS - Free Report) shares ended the last trading session 6.3% higher at $153.37. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7.2% gain over the past four weeks.
The rise was driven by a combination of sector strength and improving sentiment toward infrastructure-linked industrial stocks.
This maker of water drainage systems and pipes is expected to post quarterly earnings of $0.98 per share in its upcoming report, which represents a year-over-year change of -4.9%. Revenues are expected to be $650.49 million, up 5.6% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Advanced Drainage, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on WMS going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Advanced Drainage is part of the Zacks Building Products - Miscellaneous industry. Crawford & Company B (CRD.B - Free Report) , another stock in the same industry, closed the last trading session 0.2% lower at $10.07. CRD.B has returned 6.8% in the past month.
For Crawford & Company B, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.2. This represents a change of -4.8% from what the company reported a year ago. Crawford & Company B currently has a Zacks Rank of #5 (Strong Sell).
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite 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, 2026, before the market opens on May 21, 2026. In addition, Advanced Drainage Systems, Inc. (NYSE: WMS).
AEGON ASSET MANAGEMENT UK Plc lowered its position in shares of Advanced Drainage Systems, Inc. (NYSE:WMS – Free Report) by 22.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 157,715 shares of the construction company’s stock after selling 44,970 shares during the period. AEGON ASSET MANAGEMENT UK Plc owned approximately 0.20% of Advanced Drainage Systems worth $22,842,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp boosted its holdings in Advanced Drainage Systems by 3.1% in the third quarter. State Street Corp now owns 2,551,901 shares of the construction company’s stock worth $353,949,000 after purchasing an additional 75,777 shares during the last quarter. First Trust Advisors LP boosted its holdings in Advanced Drainage Systems by 10.9% in the third quarter. First Trust Advisors LP now owns 2,416,942 shares of the construction company’s stock worth $335,230,000 after purchasing an additional 238,179 shares during the last quarter. American Century Companies Inc. boosted its holdings in Advanced Drainage Systems by 6.5% in the third quarter. American Century Companies Inc. now owns 1,472,176 shares of the construction company’s stock worth $204,191,000 after purchasing an additional 90,106 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Advanced Drainage Systems by 234.0% in the third quarter. Wellington Management Group LLP now owns 1,188,906 shares of the construction company’s stock worth $164,901,000 after purchasing an additional 832,929 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Advanced Drainage Systems by 1.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,138,378 shares of the construction company’s stock worth $157,889,000 after purchasing an additional 16,118 shares during the last quarter. Institutional investors own 89.83% of the company’s stock.
Wall Street Analyst Weigh In Several equities research analysts recently issued reports on the stock. Oppenheimer restated an “outperform” rating and issued a $195.00 target price (down from $200.00) on shares of Advanced Drainage Systems in a report on Friday, April 17th. Robert W. Baird set a $205.00 target price on shares of Advanced Drainage Systems in a report on Friday, February 6th. Weiss Ratings restated a “hold (c)” rating on shares of Advanced Drainage Systems in a report on Monday, April 20th. Royal Bank Of Canada raised their target price on shares of Advanced Drainage Systems from $176.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Finally, Barclays dropped their target price on shares of Advanced Drainage Systems from $198.00 to $181.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Advanced Drainage Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $190.29.
Get Our Latest Report on WMS
Advanced Drainage Systems Trading Down 0.8% Shares of Advanced Drainage Systems stock opened at $151.78 on Friday. The company’s fifty day simple moving average is $150.12 and its 200-day simple moving average is $149.94. The stock has a market capitalization of $11.82 billion, a PE ratio of 25.25, a P/E/G ratio of 1.60 and a beta of 1.37. Advanced Drainage Systems, Inc. has a 1-year low of $104.69 and a 1-year high of $179.32. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.12 and a quick ratio of 3.08.
Advanced Drainage Systems (NYSE:WMS – Get Free Report) last released its earnings results on Thursday, February 5th. The construction company reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.16. Advanced Drainage Systems had a net margin of 15.75% and a return on equity of 27.72%. The company had revenue of $693.35 million for the quarter, compared to analysts’ expectations of $686.37 million. During the same quarter in the previous year, the company earned $1.09 EPS. Advanced Drainage Systems’s revenue for the quarter was up .4% on a year-over-year basis. As a group, equities analysts anticipate that Advanced Drainage Systems, Inc. will post 6.19 earnings per share for the current year.
Advanced Drainage Systems Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a dividend of $0.18 per share. The ex-dividend date was Monday, March 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.5%. Advanced Drainage Systems’s payout ratio is 11.98%.
Advanced Drainage Systems Company Profile (Free Report)
Advanced Drainage Systems, Inc (NYSE: WMS) is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.
The company’s product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.
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Wall Street expects a year-over-year decline in earnings on higher revenues when Advanced Drainage Systems (WMS - Free Report) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 21. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis maker of water drainage systems and pipes is expected to post quarterly earnings of $1.00 per share in its upcoming report, which represents a year-over-year change of -2.9%.
Revenues are expected to be $660.38 million, up 7.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.93% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Advanced Drainage?For Advanced Drainage, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Advanced Drainage will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Advanced Drainage would post earnings of $1.11 per share when it actually produced earnings of $1.27, delivering a surprise of +14.41%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Advanced Drainage doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
On May 15, 2026, Advanced Drainage Systems Inc WMS shares fell 3.2% to a current price of $135.64. The stock has experienced a 52-week range between $105.14 and $179.32, reflecting significant volatility over the past year.
GF Value™ verdict: Current price is $135.64 compared to GF Value™ of $140.03, indicating the stock is 3.1% undervalued.GF Score™ of 88/100 suggests a strong overall performance relative to peers.No insider transactions have occurred in the last 3 months, indicating a lack of significant insider activity. Is WMS Overvalued or Undervalued? With the current price of $135.64 being 3.1% below the GF Value™ of $140.03, Advanced Drainage Systems Inc appears to be undervalued. This margin of safety suggests that there is potential for price appreciation towards the intrinsic value estimated by GuruFocus. The GF Valuation label indicates that the stock is fairly valued, yet the current trading price provides an opportunity for investors who seek to capitalize on this disparity. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
However, it is essential to consider market conditions and company performance when interpreting these metrics. The stock's recent decline and overall performance in the market this year may raise questions about the sustainability of this valuation and the potential risks involved.
How Does WMS's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 22.6x 24.1x Forward P/E 20.3x N/A The current P/E ratio of 22.6x is 6% below its 5-year median P/E of 24.1x, suggesting that the stock is trading at a lower valuation compared to its historical averages. This analysis aligns with the GF Value™ verdict, indicating that the stock may be undervalued based on historical trading multiples.
What Does WMS's GF Score™ Tell Us? Metric Rating GF Score™ 88/100 Financial Strength 7/10 Profitability 7/10 Growth 8/10 Valuation 9/10 Momentum 8/10 The GF Score™ of 88/100 reflects a strong performance across multiple dimensions, with notable strengths in Valuation (9/10) and Growth (8/10). However, the Financial Strength and Profitability metrics (both rated 7/10) suggest there are areas for improvement. The overall scores indicate that Advanced Drainage Systems Inc is positioned well for long-term returns compared to its peers.
What Are Insiders Doing with WMS Stock? In the last three months, there have been no insider transactions for Advanced Drainage Systems Inc. This lack of insider activity may indicate stability in management's outlook or a cautious approach in light of current market conditions. Investors often look for insider buying as a bullish signal, so the absence of such transactions could lead to a more conservative view of the stock's near-term prospects.
What This Means for Investors Based on the GF Value™ assessment, Advanced Drainage Systems Inc is currently undervalued. With a market price below its intrinsic value estimate, there may be an opportunity for price appreciation. Nonetheless, investors should remain cautious given the stock's recent performance and the overall market environment.
For the complete analysis, visit the Advanced Drainage Systems Inc WMS stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is WMS's GF Score™?
WMS's GF Score™ is 88/100, indicating a strong overall performance compared to its peers, suggesting potential for higher long-term returns.
Is WMS overvalued or undervalued?
WMS is currently undervalued, priced at $135.64 compared to a GF Value™ of $140.03.
What is WMS's P/E ratio?
WMS's P/E (TTM) is 22.6x, which is below its 5-year median P/E of 24.1x, indicating that it is trading at a lower valuation historically.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.
The earnings figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb and vice versa.
Hunting for 'earnings whispers' or companies poised to beat their quarterly earnings estimates is a somewhat common practice. But that doesn't make it easy. One way that has been proven to work is by using the Zacks Earnings ESP tool.
The Zacks Earnings ESP, ExplainedThe Zacks Expected Surprise Prediction, or ESP, works by locking in on the most up-to-date analyst earnings revisions because they can be more accurate than estimates from weeks or even months before the actual release date. The thinking is pretty straightforward: analysts who provide earnings estimates closer to the report are likely to have more information.
The core of the ESP model is comparing the Most Accurate Estimate to the Zacks Consensus Estimate, where the resulting percentage difference between the two equals the Expected Surprise Prediction. The Zacks Rank is also factored into the ESP metric to better help find companies that appear poised to top their next bottom-line consensus estimate, which will hopefully help lift the stock price.
Bringing together a positive earnings ESP alongside a Zacks Rank #3 (Hold) or better has helped stocks report a positive earnings surprise 70% of the time. Furthermore, by using these parameters, investors have seen 28.3% annual returns on average, according to our 10 year backtest.
Most stocks, about 60%, fall into the #3 (Hold) category, and they are expected to perform in-line with the broader market. Stocks with a #2 (Buy) and #1 (Strong Buy) rating, or the top 15% and top 5% of stocks, respectively, should outperform the market, with Strong Buy stocks outperforming more than any other rank.
Should You Consider Advanced Drainage Systems?The final step today is to look at a stock that meets our ESP qualifications. Advanced Drainage Systems (WMS - Free Report) earns a #3 (Hold) two days from its next quarterly earnings release on May 21, 2026, and its Most Accurate Estimate comes in at $1.02 a share.
Advanced Drainage Systems' Earnings ESP sits at +2.00%, which, as explained above, is calculated by taking the percentage difference between the $1.02 Most Accurate Estimate and the Zacks Consensus Estimate of $1. WMS is also part of a large group of stocks that boast a positive ESP. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
WMS is just one of a large group of Construction stocks with a positive ESP figure. Quanta Services (PWR - Free Report) is another qualifying stock you may want to consider.
Quanta Services is a Zacks Rank #1 (Strong Buy) stock, and is getting ready to report earnings on July 30, 2026. PWR's Most Accurate Estimate sits at $3.31 a share 72 days from its next earnings release.
The Zacks Consensus Estimate for Quanta Services is $3.26, and when you take the percentage difference between that number and its Most Accurate Estimate, you get the Earnings ESP figure of +1.58%.
WMS and PWR's positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Advanced Drainage Systems (WMS - Free Report) , which belongs to the Zacks Building Products - Miscellaneous industry, could be a great candidate to consider.
This maker of water drainage systems and pipes has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 15.15%.
For the most recent quarter, Advanced Drainage was expected to post earnings of $1.11 per share, but it reported $1.27 per share instead, representing a surprise of 14.41%. For the previous quarter, the consensus estimate was $1.7 per share, while it actually produced $1.97 per share, a surprise of 15.88%.
Price and EPS Surprise
Thanks in part to this history, there has been a favorable change in earnings estimates for Advanced Drainage lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Advanced Drainage has an Earnings ESP of +2.00% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on May 21, 2026.
With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.
Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
On May 20, 2026, Advanced Drainage Systems Inc WMS shares rose 4.0% today, bringing the current price to $136.83. The stock has experienced a 52-week range of $105.14 to $179.32, showcasing significant volatility over the past year.
GF Value™ verdict: Current price is $136.83, 2.5% undervalued compared to GF Value™ of $140.38.GF Score™ of 88/100 indicates a strong overall performance, suggesting potential for higher long-term returns.No insider transactions in the last 3 months suggest stability in management and ownership. Is WMS Overvalued or Undervalued? The current price of Advanced Drainage Systems Inc WMS at $136.83 is slightly below the GF Value™ estimate of $140.38, indicating that the stock is 2.5% undervalued. This presents an opportunity for investors to consider entering the stock at a favorable price point. The GF Valuation label categorizes WMS as fairly valued, which suggests that while there is a margin of safety, the upside may be limited compared to other potential investments within the market.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current valuation, there is a modest margin of safety for those looking to invest. However, investors should remain cautious, as market fluctuations could impact this valuation in the near term.
How Does WMS's Valuation Compare to Its History? MetricCurrentHistorical P/E (TTM)22.8x24.1x Forward P/E20.5x- With a current P/E (TTM) of 22.8x, WMS is trading below its 5-year median P/E of 24.1x. The forward P/E of 20.5x further supports this notion of undervaluation. The P/E analysis aligns with the GF Value™ verdict, reinforcing the perspective that the stock is undervalued relative to its historical performance.
What Does WMS's GF Score™ Tell Us? MetricRating GF Score™88 Financial Strength7/10 Profitability7/10 Growth8/10 Valuation9/10 Momentum8/10 The GF Score™ of 88/100 highlights that Advanced Drainage Systems Inc demonstrates strong potential across various metrics, particularly in the areas of Valuation (9/10) and Growth (8/10). However, Financial Strength and Profitability are rated at 7/10, indicating room for improvement. Overall, the scores suggest that while WMS is well positioned for growth, there are aspects of its financial health that merit attention.
What Are Insiders Doing with WMS Stock? There have been no insider transactions in the last 3 months for Advanced Drainage Systems Inc, indicating a period of stability among the company's executives and board members. The lack of insider buying or selling can suggest that management is confident in the stock's current valuation and future prospects.
What This Means for Investors Based on the GF Value™ assessment, Advanced Drainage Systems Inc WMS is currently undervalued at $136.83 compared to its fair value estimate of $140.38, presenting a potential investment opportunity with a modest margin of safety. However, investors should consider the broader market conditions and company performance metrics before making any decisions.
For the complete analysis, visit the Advanced Drainage Systems Inc WMS stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is WMS's GF Score™?
WMS's GF Score™ is 88/100, indicating a strong performance across key metrics and suggesting potential for higher long-term returns.
Is WMS overvalued or undervalued?
WMS is currently undervalued, with a GF Value™ estimate of $140.38 compared to its current price of $136.83.
What is WMS's P/E ratio?
WMS's current P/E (TTM) is 22.8x, which is below its 5-year median P/E of 24.1x, indicating the stock is trading at a lower valuation than its historical average.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and wastewater industries today announced financial results for the fourth quarter and fiscal year ended March 31, 2026. Scott Barbour, President and Chief Executive Officer of ADS commented, "In the fourth quarter, net sales increased 10% overall, driven by strong growth in Allied products as well as the contributio.
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite 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 $0.80 per share, an 11% increase over the prior year dividend amount. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Sys.
Advanced Drainage Systems (WMS - Free Report) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +7.00%. A quarter ago, it was expected that this maker of water drainage systems and pipes would post earnings of $1.11 per share when it actually produced earnings of $1.27, delivering a surprise of +14.41%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Advanced Drainage, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $676.76 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.48%. This compares to year-ago revenues of $615.76 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Advanced Drainage shares have lost about 5.5% since the beginning of the year versus the S&P 500's gain of 8.6%.
What's Next for Advanced Drainage?While Advanced Drainage has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Advanced Drainage was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.13 on $940.86 million in revenues for the coming quarter and $6.86 on $3.43 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Miscellaneous is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Quanex Building Products (NX - Free Report) , is yet to report results for the quarter ended April 2026.
This housing materials maker is expected to post quarterly earnings of $0.22 per share in its upcoming report, which represents a year-over-year change of -63.3%. The consensus EPS estimate for the quarter has been revised 14.3% lower over the last 30 days to the current level.
Quanex Building Products' revenues are expected to be $458.4 million, up 1.3% from the year-ago quarter.
Advanced Drainage Systems delivered strong Q4 FY2026 revenue and adjusted EPS beats, yet shares remain under pressure and valuation is approaching attractive levels. WMS's growth was fueled by the National Diversified Sales acquisition, with Stormwater and Wastewater segments both posting double-digit product line gains and rising segment profits. Despite robust operational performance, reported EPS fell due to one-time charges; adjusted EPS and net income rose, and management guides for continued revenue and EBITDA growth in FY2027.
Explore the exciting world of Advanced Drainage Systems (WMS 4.56%) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
