Advanced Drainage Systems Inc (WMS) Stock: Navigating the Market Volatility

The stock of Advanced Drainage Systems Inc (WMS) has seen a -4.97% decrease in the past week, with a -5.79% drop in the past month, and a 0.21% flourish in the past quarter. The volatility ratio for the week is 3.79%, and the volatility levels for the past 30 days are at 2.80% for WMS. The simple moving average for the last 20 days is -7.20% for WMS stock, with a simple moving average of -10.92% for the last 200 days.

Is It Worth Investing in Advanced Drainage Systems Inc (NYSE: WMS) Right Now?

The price-to-earnings ratio for Advanced Drainage Systems Inc (NYSE: WMS) is above average at 22.48x, Company’s 36-month beta value is 1.53.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for WMS is 69.34M, and currently, short sellers hold a 2.32% ratio of that floaft. The average trading volume of WMS on November 08, 2024 was 466.00K shares.

WMS) stock’s latest price update

The stock of Advanced Drainage Systems Inc (NYSE: WMS) has decreased by -10.57 when compared to last closing price of 159.00. Despite this, the company has experienced a -4.97% fall in its stock price over the last five trading sessions. zacks.com reported 2024-11-08 that Advanced Drainage Systems (WMS) came out with quarterly earnings of $1.70 per share, missing the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.71 per share a year ago.

Analysts’ Opinion of WMS

Many brokerage firms have already submitted their reports for WMS stocks, with Northcoast repeating the rating for WMS by listing it as a “Buy.” The predicted price for WMS in the upcoming period, according to Northcoast is $190 based on the research report published on May 08, 2024 of the current year 2024.

Stephens, on the other hand, stated in their research note that they expect to see WMS reach a price target of $148. The rating they have provided for WMS stocks is “Overweight” according to the report published on August 25th, 2023.

KeyBanc Capital Markets gave a rating of “Overweight” to WMS, setting the target price at $150 in the report published on July 24th of the previous year.

WMS Trading at -6.29% from the 50-Day Moving Average

After a stumble in the market that brought WMS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.83% of loss for the given period.

Volatility was left at 2.80%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares sank -6.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.65% lower at present.

During the last 5 trading sessions, WMS fell by -4.70%, which changed the moving average for the period of 200-days by +8.26% in comparison to the 20-day moving average, which settled at $153.25. In addition, Advanced Drainage Systems Inc saw 1.11% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at WMS starting from MICHAEL HUEBERT, who proposed sale 16,032 shares at the price of $145.14 back on Aug 14 ’24. After this action, MICHAEL HUEBERT now owns shares of Advanced Drainage Systems Inc, valued at $2,326,854 using the latest closing price.

Cottrill Scott A, the EVP, CFO AND SECRETARY of Advanced Drainage Systems Inc, sale 73,207 shares at $173.11 during a trade that took place back on May 30 ’24, which means that Cottrill Scott A is holding 91,442 shares at $12,672,630 based on the most recent closing price.

Stock Fundamentals for WMS

Current profitability levels for the company are sitting at:

  • 0.25 for the present operating margin
  • 0.38 for the gross margin

The net margin for Advanced Drainage Systems Inc stands at 0.17. The total capital return value is set at 0.24. Equity return is now at value 40.46, with 15.32 for asset returns.

Based on Advanced Drainage Systems Inc (WMS), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.94. The interest coverage ratio of the stock is 7.95.

Currently, EBITDA for the company is 877.04 million with net debt to EBITDA at 0.95. When we switch over and look at the enterprise to sales, we see a ratio of 4.06. The receivables turnover for the company is 7.89for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.89.

Conclusion

In a nutshell, Advanced Drainage Systems Inc (WMS) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Most Popular

Related Posts