Advanced Drainage Systems Stock Shares Outstanding

WMS Stock  USD 156.81  0.10  0.06%   
Advanced Drainage Systems fundamentals help investors to digest information that contributes to Advanced Drainage's financial success or failures. It also enables traders to predict the movement of Advanced Stock. The fundamental analysis module provides a way to measure Advanced Drainage's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Advanced Drainage stock.
Common Stock Shares Outstanding is likely to drop to about 62.7 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Advanced Drainage Systems Company Shares Outstanding Analysis

Advanced Drainage's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Advanced Drainage Shares Outstanding

    
  77.62 M  
Most of Advanced Drainage's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Advanced Drainage Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Advanced Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Advanced Drainage is extremely important. It helps to project a fair market value of Advanced Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Advanced Drainage's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Advanced Drainage's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Advanced Drainage's interrelated accounts and indicators.
0.960.850.520.830.850.930.910.870.98-0.340.070.88-0.470.930.560.95-0.620.840.85-0.570.660.990.96-0.87
0.960.770.450.770.760.930.890.80.92-0.180.160.86-0.480.870.570.91-0.560.750.75-0.630.730.950.9-0.81
0.850.770.730.70.990.790.950.990.84-0.590.050.9-0.750.810.60.81-0.540.990.77-0.540.650.910.9-0.9
0.520.450.730.630.740.620.60.740.64-0.88-0.040.45-0.730.670.580.39-0.220.760.6-0.20.360.610.72-0.87
0.830.770.70.630.70.890.720.730.88-0.54-0.090.63-0.340.860.660.74-0.510.690.86-0.290.420.820.84-0.86
0.850.760.990.740.70.770.950.990.83-0.6-0.010.91-0.750.80.540.83-0.611.00.78-0.480.610.910.9-0.9
0.930.930.790.620.890.770.830.810.96-0.410.140.74-0.490.940.710.82-0.430.760.81-0.560.670.920.93-0.91
0.910.890.950.60.720.950.830.970.86-0.390.080.97-0.70.80.570.91-0.650.940.77-0.590.710.950.9-0.86
0.870.80.990.740.730.990.810.970.85-0.580.060.91-0.760.830.620.83-0.590.990.78-0.550.670.930.91-0.91
0.980.920.840.640.880.830.960.860.85-0.470.070.79-0.490.980.650.87-0.520.820.86-0.550.640.970.98-0.93
-0.34-0.18-0.59-0.88-0.54-0.6-0.41-0.39-0.58-0.470.26-0.270.45-0.51-0.37-0.250.07-0.62-0.63-0.03-0.04-0.42-0.550.7
0.070.160.05-0.04-0.09-0.010.140.080.060.070.260.0-0.220.170.45-0.130.27-0.01-0.24-0.710.750.040.05-0.03
0.880.860.90.450.630.910.740.970.910.79-0.270.0-0.620.710.40.94-0.710.90.74-0.530.630.920.83-0.75
-0.47-0.48-0.75-0.73-0.34-0.75-0.49-0.7-0.76-0.490.45-0.22-0.62-0.48-0.52-0.410.37-0.76-0.30.43-0.61-0.57-0.590.67
0.930.870.810.670.860.80.940.80.830.98-0.510.170.71-0.480.730.78-0.430.790.81-0.60.670.920.96-0.92
0.560.570.60.580.660.540.710.570.620.65-0.370.450.4-0.520.730.35-0.090.530.39-0.710.720.570.61-0.71
0.950.910.810.390.740.830.820.910.830.87-0.25-0.130.94-0.410.780.35-0.720.820.85-0.430.510.950.88-0.75
-0.62-0.56-0.54-0.22-0.51-0.61-0.43-0.65-0.59-0.520.070.27-0.710.37-0.43-0.09-0.72-0.6-0.460.03-0.26-0.63-0.560.44
0.840.750.990.760.691.00.760.940.990.82-0.62-0.010.9-0.760.790.530.82-0.60.78-0.470.60.90.9-0.9
0.850.750.770.60.860.780.810.770.780.86-0.63-0.240.74-0.30.810.390.85-0.460.78-0.260.310.860.86-0.83
-0.57-0.63-0.54-0.2-0.29-0.48-0.56-0.59-0.55-0.55-0.03-0.71-0.530.43-0.6-0.71-0.430.03-0.47-0.26-0.9-0.55-0.520.46
0.660.730.650.360.420.610.670.710.670.64-0.040.750.63-0.610.670.720.51-0.260.60.31-0.90.670.63-0.59
0.990.950.910.610.820.910.920.950.930.97-0.420.040.92-0.570.920.570.95-0.630.90.86-0.550.670.98-0.91
0.960.90.90.720.840.90.930.90.910.98-0.550.050.83-0.590.960.610.88-0.560.90.86-0.520.630.98-0.95
-0.87-0.81-0.9-0.87-0.86-0.9-0.91-0.86-0.91-0.930.7-0.03-0.750.67-0.92-0.71-0.750.44-0.9-0.830.46-0.59-0.91-0.95
Click cells to compare fundamentals

Advanced Shares Outstanding Historical Pattern

Today, most investors in Advanced Drainage Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Advanced Drainage's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Advanced Drainage shares outstanding as a starting point in their analysis.
   Advanced Drainage Shares Outstanding   
       Timeline  
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Advanced Common Stock Shares Outstanding

Common Stock Shares Outstanding

62.73 Million

At this time, Advanced Drainage's Common Stock Shares Outstanding is comparatively stable compared to the past year.
Based on the latest financial disclosure, Advanced Drainage Systems has 77.62 M of shares currently outstending. This is 46.74% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The shares outstanding for all United States stocks is 86.43% higher than that of the company.

Advanced Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advanced Drainage's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Advanced Drainage could also be used in its relative valuation, which is a method of valuing Advanced Drainage by comparing valuation metrics of similar companies.
Advanced Drainage is currently under evaluation in shares outstanding category among related companies.

Advanced Fundamentals

About Advanced Drainage Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Advanced Drainage Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advanced Drainage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advanced Drainage Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Advanced Drainage Investors Sentiment

The influence of Advanced Drainage's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Advanced. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Advanced Drainage's public news can be used to forecast risks associated with an investment in Advanced. The trend in average sentiment can be used to explain how an investor holding Advanced can time the market purely based on public headlines and social activities around Advanced Drainage Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Advanced Drainage's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Advanced Drainage's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Advanced Drainage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Advanced Drainage.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Advanced Drainage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Advanced Drainage's short interest history, or implied volatility extrapolated from Advanced Drainage options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Advanced Drainage Systems is a strong investment it is important to analyze Advanced Drainage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Advanced Drainage's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:
Check out Advanced Drainage Piotroski F Score and Advanced Drainage Altman Z Score analysis.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Advanced Stock analysis

When running Advanced Drainage's price analysis, check to measure Advanced Drainage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advanced Drainage is operating at the current time. Most of Advanced Drainage's value examination focuses on studying past and present price action to predict the probability of Advanced Drainage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Drainage's price. Additionally, you may evaluate how the addition of Advanced Drainage to your portfolios can decrease your overall portfolio volatility.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Commodity Directory
Find actively traded commodities issued by global exchanges
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Money Managers
Screen money managers from public funds and ETFs managed around the world
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Global Correlations
Find global opportunities by holding instruments from different markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Is Advanced Drainage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advanced Drainage. If investors know Advanced will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advanced Drainage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.354
Dividend Share
0.54
Earnings Share
6.29
Revenue Per Share
35.932
Quarterly Revenue Growth
0.011
The market value of Advanced Drainage Systems is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Drainage's value that differs from its market value or its book value, called intrinsic value, which is Advanced Drainage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advanced Drainage's market value can be influenced by many factors that don't directly affect Advanced Drainage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advanced Drainage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Drainage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Drainage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.