Advanced Drainage Systems Stock Analysis

WMS Stock  USD 172.24  0.80  0.47%   
Advanced Drainage Systems is overvalued with Real Value of 158.46 and Target Price of 151.0. The main objective of Advanced Drainage stock analysis is to determine its intrinsic value, which is an estimate of what Advanced Drainage Systems is worth, separate from its market price. There are two main types of Advanced Drainage's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Advanced Drainage's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Advanced Drainage's stock to identify patterns and trends that may indicate its future price movements.
The Advanced Drainage stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Advanced Drainage is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Advanced Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Advanced Drainage's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Advanced Stock Analysis Notes

About 87.0% of the company outstanding shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.43. Advanced Drainage Systems recorded earning per share (EPS) of 6.29. The entity last dividend was issued on the 29th of February 2024. The firm had 3:2 split on the June 15, 2007. Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace in the United States, Canada, Mexico, and internationally. The company was incorporated in 1966 and is headquartered in Hilliard, Ohio. Advanced Drainage operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 5635 people. For more information please call Joseph Chlapaty at 614 658 0050 or visit https://www.adspipe.com.

Advanced Drainage Quarterly Total Revenue

662.37 Million

Advanced Drainage Systems Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Advanced Drainage's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Advanced Drainage Systems or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Advanced Drainage is unlikely to experience financial distress in the next 2 years
Over 87.0% of the company outstanding shares are owned by institutional investors
On 15th of March 2024 Advanced Drainage paid $ 0.14 per share dividend to its current shareholders
Latest headline from news.google.com: Raymond James Trust N.A. Purchases New Position in Advanced Drainage Systems, Inc. - Defense World

Advanced Drainage Systems Upcoming and Recent Events

Earnings reports are used by Advanced Drainage to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Advanced Drainage previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
8th of February 2024
Upcoming Quarterly Report
View
16th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
16th of May 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

Advanced Largest EPS Surprises

Earnings surprises can significantly impact Advanced Drainage's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2017-02-09
2016-12-310.140.160.0214 
2016-06-07
2016-03-31-0.03-0.010.0266 
2020-05-21
2020-03-310.040.01-0.0375 
View All Earnings Estimates

Advanced Drainage Thematic Classifications

In addition to having Advanced Drainage stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Rubber and Plastic Products Idea
Rubber and Plastic Products
USA Equities from Rubber and Plastic Products industry as classified by Fama & French

Advanced Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Advanced Drainage is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Advanced Drainage Systems backward and forwards among themselves. Advanced Drainage's institutional investor refers to the entity that pools money to purchase Advanced Drainage's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Ubs Asset Mgmt Americas Inc2023-12-31
1.3 M
Canada Pension Plan Investment Board2023-12-31
1.2 M
Boston Partners Global Investors, Inc2023-09-30
1.1 M
Geode Capital Management, Llc2023-09-30
M
Liontrust Investment Partners Llp2023-09-30
848.6 K
Stockbridge Partners Llc2023-12-31
762.9 K
First Trust Advisors L.p.2023-09-30
721.2 K
Citadel Advisors Llc2023-09-30
712.8 K
Amundi2023-09-30
697.1 K
Blackrock Inc2023-09-30
7.2 M
Vanguard Group Inc2023-09-30
6.9 M
Note, although Advanced Drainage's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Advanced Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 13.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Advanced Drainage's market, we take the total number of its shares issued and multiply it by Advanced Drainage's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Advanced Profitablity

Advanced Drainage's profitability indicators refer to fundamental financial ratios that showcase Advanced Drainage's ability to generate income relative to its revenue or operating costs. If, let's say, Advanced Drainage is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Advanced Drainage's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Advanced Drainage's profitability requires more research than a typical breakdown of Advanced Drainage's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.18 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.24 %, which entails that for every 100 dollars of revenue, it generated $0.24 of operating income.
Last ReportedProjected for 2024
Return On Capital Employed 0.26  0.27 
Return On Assets 0.16  0.17 
Return On Equity 0.47  0.49 

Management Efficiency

Advanced Drainage Systems has Return on Asset of 0.1455 % which means that on every $100 spent on assets, it made $0.1455 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4897 %, implying that it generated $0.4897 on every 100 dollars invested. Advanced Drainage's management efficiency ratios could be used to measure how well Advanced Drainage manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.27 in 2024. Return On Assets is likely to gain to 0.17 in 2024. At this time, Advanced Drainage's Non Currrent Assets Other are comparatively stable compared to the past year. Other Current Assets is likely to gain to about 35.5 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.1 B in 2024.
Last ReportedProjected for 2024
Price Book Value Ratio 6.38  3.37 
Enterprise Value Multiple 8.33  15.26 
Price Fair Value 6.38  3.37 
The analysis of Advanced Drainage's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Advanced Drainage's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Advanced Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0033
Forward Dividend Yield
0.0033
Forward Dividend Rate
0.56
Beta
1.514

Technical Drivers

As of the 29th of March, Advanced Drainage shows the Mean Deviation of 1.54, risk adjusted performance of 0.0829, and Downside Deviation of 1.63. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Advanced Drainage, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for Advanced Drainage Systems, which can be compared to its rivals. Please confirm Advanced Drainage Systems standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Advanced Drainage Systems is priced correctly, providing market reflects its regular price of 172.24 per share. Given that Advanced Drainage has jensen alpha of 0.0716, we suggest you to validate Advanced Drainage Systems's prevailing market performance to make sure the company can sustain itself at a future point.

Advanced Drainage Systems Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Advanced Drainage middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Advanced Drainage Systems. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Advanced Drainage Systems Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Advanced Drainage insiders, such as employees or executives, is commonly permitted as long as it does not rely on Advanced Drainage's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Advanced Drainage insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Advanced Drainage Outstanding Bonds

Advanced Drainage issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Advanced Drainage Systems uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Advanced bonds can be classified according to their maturity, which is the date when Advanced Drainage Systems has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Advanced Drainage Predictive Daily Indicators

Advanced Drainage intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Advanced Drainage stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Advanced Drainage Corporate Filings

F4
15th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
8th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
1st of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
29th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
23rd of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
21st of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
16th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
14th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Advanced Drainage Forecast Models

Advanced Drainage's time-series forecasting models are one of many Advanced Drainage's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Advanced Drainage's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Advanced Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Advanced Drainage prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Advanced shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Advanced Drainage. By using and applying Advanced Stock analysis, traders can create a robust methodology for identifying Advanced entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.19  0.20 
Operating Profit Margin 0.21  0.22 
Net Profit Margin 0.15  0.16 
Gross Profit Margin 0.33  0.19 

Current Advanced Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Advanced analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Advanced analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
151.0Strong Buy9Odds
Advanced Drainage Systems current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Advanced analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Advanced stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Advanced Drainage Systems, talking to its executives and customers, or listening to Advanced conference calls.
Advanced Analyst Advice Details

Advanced Stock Analysis Indicators

Advanced Drainage Systems stock analysis indicators help investors evaluate how Advanced Drainage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Advanced Drainage shares will generate the highest return on investment. By understating and applying Advanced Drainage stock analysis, traders can identify Advanced Drainage position entry and exit signals to maximize returns.
Begin Period Cash Flow20.1 M
Long Term Debt1.3 B
Common Stock Shares Outstanding83.3 M
Total Stockholder Equity977.4 M
Total Cashflows From Investing Activities-214.5 M
Tax Provision150.6 M
Quarterly Earnings Growth Y O Y0.354
Property Plant And Equipment Net733.1 M
Warrants153.2 M
Cash And Short Term Investments217.1 M
Cash217.1 M
Accounts Payable210.1 M
Net Debt1.1 B
50 Day M A154.117
Total Current Liabilities378.8 M
Other Operating Expenses2.3 B
Non Current Assets Total1.9 B
Forward Price Earnings24.3309
Common Stock Total Equity11.6 M
Non Currrent Assets Other83.7 M
Stock Based Compensation21.7 M
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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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.
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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.