In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $119.06 in the prior trading day, Advanced Drainage Systems Inc (NYSE: WMS) closed at $117.56, down -1.26%. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 0.85 million shares were traded. WMS stock price reached its highest trading level at $122.13 during the session, while it also had its lowest trading level at $117.37.
Ratios:
Our goal is to gain a better understanding of WMS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.02. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 3.19. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.91.
On November 13, 2024, Stephens Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $170 to $135.
On May 08, 2024, Northcoast started tracking the stock assigning a Buy rating and target price of $190.Northcoast initiated its Buy rating on May 08, 2024, with a $190 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 14 ’24 when MICHAEL HUEBERT bought 16,032 shares for $145.14 per share.
Cottrill Scott A sold 73,207 shares of WMS for $12,672,630 on May 30 ’24. The EVP, CFO AND SECRETARY now owns 91,442 shares after completing the transaction at $173.11 per share. On May 31 ’24, another insider, MAKOWSKI TIM A, who serves as the insider of the company, sold 3,800 shares for $170.68 each. As a result, the insider received 648,601 and left with 4,530 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WMS now has a Market Capitalization of 9115155456 and an Enterprise Value of 9902460928. As of this moment, Advanced’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.71, and their Forward P/E ratio for the next fiscal year is 17.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.13 while its Price-to-Book (P/B) ratio in mrq is 6.10. Its current Enterprise Value per Revenue stands at 3.398 whereas that against EBITDA is 11.537.
Stock Price History:
The Beta on a monthly basis for WMS is 1.60, which has changed by -0.13774621 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, WMS has reached a high of $184.27, while it has fallen to a 52-week low of $110.75. The 50-Day Moving Average of the stock is -4.61%, while the 200-Day Moving Average is calculated to be -21.36%.
Shares Statistics:
The stock has traded on average 660.41K shares per day over the past 3-months and 491770 shares per day over the last 10 days, according to various share statistics. A total of 71.46M shares are outstanding, with a floating share count of 71.03M. Insiders hold about 8.38% of the company’s shares, while institutions hold 86.79% stake in the company. Shares short for WMS as of 1736899200 were 1931079 with a Short Ratio of 2.92, compared to 1734048000 on 1980206. Therefore, it implies a Short% of Shares Outstanding of 1931079 and a Short% of Float of 2.52.
Dividends & Splits
In the trailing 12 months, WMS’s forward annual dividend rate was 0.6, compared to 0.62 this year. Against a Trailing Annual Dividend Yield of 0.0050394763The stock’s 5-year Average Dividend Yield is 0.47.
Earnings Estimates
At present, 6.0 analysts are actively evaluating the performance of Advanced Drainage Systems Inc (WMS) in the stock market.The consensus estimate for the next quarter is $1.12, with high estimates of $1.16 and low estimates of $1.07.
Analysts are recommending an EPS of between $6.42 and $5.9 for the fiscal current year, implying an average EPS of $6.11. EPS for the following year is $6.68, with 7.0 analysts recommending between $7.2 and $6.21.
Revenue Estimates
7 analysts predict $675.42M in revenue for the current quarter. It ranges from a high estimate of $688.6M to a low estimate of $665.32M. As of the current estimate, Advanced Drainage Systems Inc’s year-ago sales were $662.37MFor the next quarter, 7 analysts are estimating revenue of $660.9M. There is a high estimate of $676.2M for the next quarter, whereas the lowest estimate is $643.78M.
A total of 7 analysts have provided revenue estimates for WMS’s current fiscal year. The highest revenue estimate was $2.96B, while the lowest revenue estimate was $2.91B, resulting in an average revenue estimate of $2.93B. In the same quarter a year ago, actual revenue was $2.87BBased on 7 analysts’ estimates, the company’s revenue will be $3.12B in the next fiscal year. The high estimate is $3.18B and the low estimate is $3.02B.
