Analyst Ratings for Advanced Drainage Systems Inc. (WMS)

Updated: 2017-07-27

Shares of Advanced Drainage Systems Inc. (NYSE:WMS) have received a consensus rating of Hold from Wall Street analysts. Last month, WMS received an average rating of Hold.

3 analysts issued ratings on the stock, where 0 gave WMS a buy rating, 1 gave an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for WMS. The highest price target was 26, implying potential capital gains of 25.3 percent. The most pessimistic price target was 24, which equates to a potential downside of 15.66 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -6.6 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.83 percent. If we look at the last 90 days instead, we find a net average change of 0.54 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

Analysts estimate earnings of WMS to grow at a rate of 72.93 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WMS is 0.61.

In the trailing 52-weeks, WMS hit 27.53 at the highest peak, while it's lowest trading point was 18.60. The current market price is above the trailing year's low by 11.56 percent, and 24.63 percent lower than its 52-week high. WMS has a P/E ratio of 44.15. Investors typically compare the P/E ratio to a company's peers in the industry. The WMS value stock report compares WMS to some of its peers using value stock charts. The market cap of WMS is $1.13 billion. WMS will post this quarters earnings in days, on 0000-00-00.