Somewhat Favorable News Coverage Somewhat Unlikely to Affect Advanced Drainage Systems (WMS) Stock Price

Headlines about Advanced Drainage Systems (NYSE:WMS) have trended somewhat positive on Tuesday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Advanced Drainage Systems earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 45.7423263669419 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

WMS has been the topic of several research analyst reports. Robert W. Baird reissued a “buy” rating and set a $25.00 target price on shares of Advanced Drainage Systems in a research report on Wednesday, October 4th. TheStreet lowered Advanced Drainage Systems from a “b-” rating to a “c+” rating in a research report on Wednesday, October 25th. Citigroup initiated coverage on Advanced Drainage Systems in a research report on Wednesday, November 29th. They set a “neutral” rating and a $26.00 target price on the stock. ValuEngine raised Advanced Drainage Systems from a “sell” rating to a “hold” rating in a research report on Friday, November 17th. Finally, Zacks Investment Research raised Advanced Drainage Systems from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $24.60.

Advanced Drainage Systems (NYSE WMS) opened at $24.65 on Tuesday. The company has a market capitalization of $1,380.00, a P/E ratio of 58.69 and a beta of 1.03. Advanced Drainage Systems has a 12-month low of $17.90 and a 12-month high of $26.30. The company has a debt-to-equity ratio of 4.47, a quick ratio of 1.32 and a current ratio of 2.26.

Advanced Drainage Systems (NYSE:WMS) last released its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.08). The firm had revenue of $401.00 million for the quarter, compared to analyst estimates of $376.45 million. Advanced Drainage Systems had a return on equity of 41.08% and a net margin of 1.97%. The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $0.35 EPS. equities analysts expect that Advanced Drainage Systems will post 0.53 EPS for the current year.

In other Advanced Drainage Systems news, COO Thomas M. Fussner sold 18,325 shares of Advanced Drainage Systems stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $23.67, for a total value of $433,752.75. Following the transaction, the chief operating officer now directly owns 549,519 shares in the company, valued at approximately $13,007,114.73. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Ronald R. Vitarelli sold 5,000 shares of Advanced Drainage Systems stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $23.04, for a total value of $115,200.00. Following the completion of the transaction, the chief operating officer now owns 54,698 shares in the company, valued at $1,260,241.92. The disclosure for this sale can be found here. Insiders own 21.43% of the company’s stock.

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Advanced Drainage Systems Company Profile

Advanced Drainage Systems, Inc is engaged in designing, manufacturing and marketing of thermoplastic corrugated pipe and related water management products, primarily in North and South America, and Europe. The Company operates through two segments: Domestic and International. The Domestic segment manufactures and markets products throughout the United States.

Insider Buying and Selling by Quarter for Advanced Drainage Systems (NYSE:WMS)

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