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.

Many analysts weighed in on price targets for WMS. The maximum price target given was 26, implying potential capital gains of 25.3 percent. The most pessimistic analyst gave a price target of 24, which equates to a potential downside of 15.66 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -6.6 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.83 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.54 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.

WMS has an estimated earnings growth rate of 72.93 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. WMS has a PEG ratio of 0.61.

WMS has traded between a high of 27.53 and a low of 18.60 over the past year. The current market price is above the trailing year's low by 11.56 percent, and below the high by 24.63 percent. WMS has a price/earnings 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 stock has a market capitalization of $1.13 billion. WMS's next earnings release will be on 0000-00-00, which is days away.