ADVANCED DRAINAGE SYSTEMS (NYSE:WMS): Stock Institutional Investors Feel Good About

July 27, 2018 - By Vernon Prom


ADVANCED DRAINAGE SYSTEMS (NYSE:WMS) institutional sentiment increased to 1.74 in Q1 2018. Its up 0.69, from 1.05 in 2017Q4. The ratio is more positive, as 61 active investment managers started new or increased holdings, while 35 decreased and sold stock positions in ADVANCED DRAINAGE SYSTEMS. The active investment managers in our partner’s database reported: 42.54 million shares, down from 42.54 million shares in 2017Q4. Also, the number of active investment managers holding ADVANCED DRAINAGE SYSTEMS in their top 10 holdings was flat from 2 to 2 for the same number . Sold All: 8 Reduced: 27 Increased: 38 New Position: 23.

Advanced Drainage Systems, Inc. designs, makes, and markets thermoplastic corrugated pipes and related water management products for non-residential, residential, agriculture, and infrastructure applications in the United States and internationally. The company has market cap of $1.58 billion. The firm provides single, double, and triple wall corrugated polypropylene and polyethylene pipes; and allied products comprising storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It has a 28.18 P/E ratio. It also purchases and distributes construction fabrics, as well as other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage.

The stock decreased 1.06% or $0.3 during the last trading session, reaching $27.9. About 190,131 shares traded. Advanced Drainage Systems, Inc. (NYSE:WMS) has risen 20.95% since July 27, 2017 and is uptrending. It has outperformed by 8.38% the S&P500.

Analysts await Advanced Drainage Systems, Inc. (NYSE:WMS) to report earnings on August, 9 before the open. They expect $0.36 earnings per share, up 38.46 % or $0.10 from last year’s $0.26 per share. WMS’s profit will be $20.43M for 19.38 P/E if the $0.36 EPS becomes a reality. After $-0.11 actual earnings per share reported by Advanced Drainage Systems, Inc. for the previous quarter, Wall Street now forecasts -427.27 % EPS growth.

Berkshire Partners Llc holds 14.53% of its portfolio in Advanced Drainage Systems, Inc. for 5.26 million shares. Ack Asset Management Llc owns 1.58 million shares or 10.26% of their US portfolio. Moreover, Stockbridge Partners Llc has 4.21% invested in the company for 3.76 million shares. The United Kingdom-based Impax Asset Management Ltd has invested 2.96% in the stock. Daiwa Sb Investments Ltd., a Japan-based fund reported 113,556 shares.

Advanced Drainage Systems, Inc. (NYSE:WMS) Ratings Coverage

Ratings analysis reveals 33% of Advanced Drainage Systems’s analysts are positive. Out of 3 Wall Street analysts rating Advanced Drainage Systems, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $25 while the high is $32. The stock’s average target of $30.33 is 8.71% above today’s ($27.9) share price. WMS was included in 5 notes of analysts from February 8, 2018. Citigroup maintained the stock with “Neutral” rating in Monday, July 23 report. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, May 30 report. Robert W. Baird maintained Advanced Drainage Systems, Inc. (NYSE:WMS) on Thursday, February 8 with “Buy” rating. Robert W. Baird maintained the shares of WMS in report on Wednesday, May 30 with “Outperform” rating. Barclays Capital maintained the stock with “Equal-Weight” rating in Monday, February 12 report.

More news for Advanced Drainage Systems, Inc. (NYSE:WMS) were recently published by:, which released: “Advanced Drainage Systems to Announce First Quarter Fiscal 2019 Results on August 9, 2018” on July 19, 2018.‘s article titled: “Two manufacturers to add $23M investment, dozens of jobs in Charlotte region” and published on July 11, 2018 is yet another important article.

Advanced Drainage Systems, Inc. (NYSE:WMS) Ratings Chart

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