Advanced Drainage Systems, Inc. with ticker code (WMS) have now 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘strong_buy’. The range between the high target price and low target price is between $180.00 and $135.00 calculating the mean target price we have $157.75. Given that the stocks previous close was at $124.75 and the analysts are correct then there would likely be a percentage uptick in value of 26.5%. It’s also worth noting that there is a 50 day moving average of $121.92 while the 200 day moving average is $148.20. The company has a market cap of 9.78B. Currently the stock stands at: $126.08 USD
The potential market cap would be $12,367,877,266 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 21.08, revenue per share of $37.53 and a 13.26% return on assets.
Advanced Drainage Systems, Inc. is engaged in manufacturing water management solutions for the stormwater and onsite septic wastewater industries, which provides superior drainage solutions for use in the construction and agriculture marketplaces. The Company’s segments include Pipe, International, Infiltrator and Allied Products & Other. Its Pipe segment manufactures and markets performance thermoplastic corrugated pipe throughout the United States. Its Infiltrator is engaged in providing plastic leach field chambers and systems, septic tanks and accessories, primarily for use in residential applications. International segment manufactures and markets products in regions outside of the United States, with owned facilities in Canada and those markets serviced through its joint ventures in Mexico and South America. The Company’s Allied Products & Other segment offers adjacent technologies to its core Pipe offering, presenting a complete drainage solution for its clients and customers.
