8 stories mentioning WMSUpdated 9d ago
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Advanced Drainage Systems (WMS) has an average rating of buy and mean price target of $179.70, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Advanced Drainage Systems (WMS) is likely to set a high-single-digit 2029 revenue compound annual growth rate guidance at its upcoming investor day, supported by organic growth and a path toward EBITDA margin expansion as inflationary pressures moderate, RBC Capital Markets said in a research report emailed Monday.RBC said it lowered its 2027 EPS estimate by $0.15 to $6.35, but raised its 2028 EPS forecast by $0.20 to $7.25.As investors focus on the cost synergy target related to the company's acquisition of water management business National Diversified Sales, revenue synergy opportunity also looks attractive, according to the note.The amended stormwater and wastewater reporting structure should offer investors more transparency into how management oversees the company post-merger, according to RBC.The company could deploy over $2.5 billion through fiscal 2029 as it prioritizes bolt-on acquisitions alongside organic reinvestments and stock repurchases, according to the brokerage.The brokerage said it reiterated its outperform rating on the stock and boosted its price target to $170 per share from $168 earlier.Price: $131.05, Change: $+0.90, Percent Change: +0.69%
Advanced Drainage Systems (WMS) shares rose 2% in Wednesday trading after Stephens upgraded the stock to overweight from equal weight while adjusting the price target to $175 from $190.Trading volume stood at 496,900 shares, compared with a daily average of 932,508.Price: $140.72, Change: $+2.63, Percent Change: +1.90%
Advanced Drainage Systems (WMS) has an average rating of Buy and mean price target of $180, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Advanced Drainage Systems (WMS) is seen as a compelling medium-term opportunity following recent share weakness, Oppenheimer said.The investment firm said in a Monday note that the company's shares remain pressured by uncertainties regarding end-market demand and cost inflation, heightened by Iran war dynamics.The brokerage, however, expects strong price-levered revenue growth, continued EBITDA dollar expansion, and higher earnings per share over the coming quarters.Oppenheimer analysts said they remain confident in Advanced Drainage Systems' broad-based structural advantages.The firm reiterated its outperform rating and lowered its price target to $190 from $195.Shares of Advanced Drainage Systems were up 2.5% in Tuesday trading.Price: $136.38, Change: $+3.38, Percent Change: +2.54%
Advanced Drainage Systems' (WMS) fiscal 2027 outlook was largely as-expected despite soft macro and resin inflation, with management guiding to flat volumes, with price offsetting material inflation on a dollar-for-dollar basis, RBC Capital Markets said in a note emailed Friday.There was a lot of focus on the fiscal 2027 guidance given the headwinds from higher plastic resins and freight costs, as well as the secondary impact of elevated oil prices on inflation and rising interest rates, the brokerage said.RBC lowered its fiscal 2027 and 2028 earnings per share estimate by $0.15 and $0.35, respectively.Residential demand is likely to remain volatile, declining by mid-to-high single digits due to prevailing interest rates and sluggish land development, though management expects to outgrow the market with new products and distributive wins, according to the note.Non-residential and infrastructure demand should remain flat or grow by low single digits, while agriculture faces double-digit declines, resulting in flattish volume growth in fiscal 2027, the brokerage said.RBC kept an outperform rating on Advanced Drainage Systems and lowered the price target to $168 from $175.Price: $132.07, Change: $-3.08, Percent Change: -2.28%
Advanced Drainage Systems' (WMS) recent stock price drop is a "solid" buying opportunity as it continues to maintain key competitive advantages in its sector with the capability to handle inflation and demand challenges, Oppenheimer said, noting shares have fallen about 16% since the onset of the Iran conflict versus a 2% gain for the S&P 500.The company needs to boost prices by mid-single-digits in order to offset higher resin costs, with high-density polyethylene and polypropylene making up 35% to 40% of cost of goods sold and transport adding around 15%, the brokerage said in a Thursday note.The investment firm added that Advanced Drainage Systems' structural advantages and higher prices will drive improving margins over time.Oppenheimer said it expects demand trends to remain choppy into fiscal 2027, with stable non-residential activity and residential construction remaining a key watch point. The recently closed acquisition of National Diversified Sales is set to enhance scale, broaden product offerings and be accretive to earnings in the first year.The company's current stock price and upside to EPS and free cash flow, anticipated to accelerate in fiscal 2027 and 2028, support expectations of the shares outperforming the market moving forward, according to the note.Oppenheimer kept the company's stock rating at outperform and cut its price target to $195 from $200.Price: $153.10, Change: $+8.78, Percent Change: +6.08%
Advanced Drainage Systems (WMS) has an average rating of buy and mean price target of $190.80, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $152.13, Change: $-3.42, Percent Change: -2.20%
