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FINWIRES

奧本海默稱，先進排水系統公司提供「穩健」的收購機會

-- 奧本海默表示，Advanced Drainage Systems (WMS) 近期股價下跌是一個「穩健」的買入機會，因為該公司在其行業中持續保持著關鍵的競爭優勢，並有能力應對通膨和需求挑戰。奧本海默指出，自伊朗衝突爆發以來，該公司股價已下跌約16%，而同期標普500指數上漲了2%。 該券商在周四的報告中指出，為了抵消樹脂成本上漲的影響，該公司需要將價格提高個位數中段。高密度聚乙烯和聚丙烯佔銷售成本的35%至40%，運輸成本約佔15%。 該投資公司補充說，Advanced Drainage Systems的結構性優勢和更高的價格將推動其利潤率逐步提高。 奧本海默表示，預計2027財年，需求趨勢仍將波動不定，非住宅活動和住宅建設的穩定仍是需要重點關注的面向。近期完成的National Diversified Sales的收購將擴大公司規模，拓展產品線，並在第一年提升獲利。 報告指出，該公司目前的股價以及預計在2027財年和2028財年加速成長的每股盈餘和自由現金流潛力，支撐了市場對其股價未來跑贏大盤的預期。 奧本海默維持該公司股票評級為“跑贏大盤”，並將目標股價從200美元下調至195美元。

Price: $153.10, Change: $+8.78, Percent Change: +6.08%

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