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.

Several price targets were given for WMS by the analysts covering the stock. The highest price target was 26, which equates to a potential upside 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -6.6 percent on average, compared to last month. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. 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. WMS has a PEG ratio of 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 below the high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.