Advanced Stock Today

WMS
 Stock
  

USD 87.45  1.19  1.34%   

Market Performance
0 of 100
Odds Of Distress
Less than 10
Advanced Drainage is selling at 87.45 as of the 10th of December 2022; that is -1.34 percent decrease since the beginning of the trading day. The stock's lowest day price was 87.09. Advanced Drainage has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Advanced Drainage Systems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of December 2020 and ending today, the 10th of December 2022. Click here to learn more.
CUSIP
00790R104
Fiscal Year End
March
Business Domain
Capital Goods
IPO Date
25th of July 2014
Category
Industrials
Classification
Industrials
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 has 82.86 M outstanding shares of which 3.34 M shares are at this time shorted by investors with about 3.05 days to cover. More on Advanced Drainage Systems

Moving together with Advanced Drainage

+0.85BWBabcock Wilcox Enter Downward RallyPairCorr

Moving against Advanced Drainage

-0.81LYTSLSI Industries Downward RallyPairCorr
-0.78NXQuanex Building Products Earnings Call This WeekPairCorr
-0.78CECOCECO Environmental Corp Symbol ChangePairCorr
-0.77CRSCarpenter Technology Downward RallyPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Advanced Drainage Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Advanced Drainage's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Advanced Drainage or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Advanced Drainage generated a negative expected return over the last 90 days
Advanced Drainage has high historical volatility and very poor performance
Over 86.0% of the company outstanding shares are owned by institutional investors
Latest headline from news.google.com: ADS Foundation Donates to the Florida Disaster Fund in Support of Hurricane Ian and Hurricane Nicole Recovery in the State - Marketscreener.com
President CEO, DirectorScott Barbour
Fama & French Classification
Average Analyst Recommendation
Analysts covering Advanced Drainage report their recommendations after researching Advanced Drainage's financial statements, talking to executives and customers, or listening in on Advanced Drainage's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Advanced Drainage Systems. The Advanced consensus assessment is calculated by taking the average forecast from all of the analysts covering Advanced Drainage.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Advanced Drainage Systems based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Advanced Drainage Systems financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted62.3 M72.9 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares61.2 M71.3 M
Fairly Down
Increasing
Slightly volatile
Return on Average Assets11.5610.7169
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations296.6 M274.9 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities422.1 M391.2 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities1.7 B1.6 B
Significantly Up
Increasing
Slightly volatile
Gross Margin24.8528.9019
Fairly Down
Increasing
Slightly volatile
Total Debt383.6 M381.7 M
Slightly Up
Increasing
Stable
Asset Turnover1.231.0938
Moderately Up
Decreasing
Stable
Current Assets940.7 M871.9 M
Significantly Up
Increasing
Slightly volatile
Total Assets2.9 B2.6 B
Significantly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Advanced Drainage's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Advanced Drainage's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Advanced Drainage's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Advanced Drainage's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Advanced Drainage's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Advanced Drainage's financial leverage. It provides some insight into what part of Advanced Drainage's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Advanced Drainage's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Advanced Drainage deploys its capital and how much of that capital is borrowed.
Liquidity
Advanced Drainage cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 908.71 M in debt with debt to equity (D/E) ratio of 1.3, which is OK given its current industry classification. Advanced Drainage Systems has a current ratio of 2.72, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Advanced Drainage until it has trouble settling it off, either with new capital or with free cash flow. So, Advanced Drainage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Advanced Drainage Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Advanced to invest in growth at high rates of return. When we think about Advanced Drainage's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

296.59 Million
Advanced Drainage Systems (WMS) is traded on New York Stock Exchange in USA and employs 5,635 people. Advanced Drainage is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 7.34 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 Drainage Systems runs under Building Products sector within Industrials industry. The entity has 82.86 M outstanding shares of which 3.34 M shares are at this time shorted by investors with about 3.05 days to cover. Advanced Drainage Systems has about 463.7 M in cash with 274.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.55.
Check Advanced Drainage Probability Of Bankruptcy
Ownership
Advanced Drainage holds a total of eighty-two million eight hundred fifty-five thousand six hundred ninety-six outstanding shares. The majority of Advanced Drainage Systems outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Advanced Drainage Systems to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Advanced Drainage. Please pay attention to any change in the institutional holdings of Advanced Drainage Systems as this could imply that something significant has changed or about to change at the company. Also note that nearly four million one hundred fourty-two thousand seven hundred eighty-five invesors are currently shorting Advanced Drainage expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Advanced Ownership Details

Advanced Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Advanced Drainage jumping above the current price in 90 days from now is about 90.75%. The Advanced Drainage Systems probability density function shows the probability of Advanced Drainage stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5624. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Advanced Drainage will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Advanced Drainage Systems is significantly underperforming NYSE Composite.
  Odds Below 87.45HorizonTargetOdds Above 87.45
9.21%90 days
 87.45 
90.75%
Based on a normal probability distribution, the odds of Advanced Drainage to move above the current price in 90 days from now is about 90.75 (This Advanced Drainage Systems probability density function shows the probability of Advanced Stock to fall within a particular range of prices over 90 days) .

Advanced Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Advanced Drainage that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Advanced Drainage's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Advanced Drainage's value.
InstituionSecurity TypeTotal SharesValue
Zurich Insurance Group LtdCommon Shares570.3 K70.9 M
Zurich Insurance Group LtdCommon Shares554.8 K50 M
View Advanced Drainage Diagnostics

Advanced Drainage Historical Income Statement

Advanced Drainage Systems Income Statement is one of the three primary financial statements used for reporting Advanced's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Advanced Drainage Systems revenue and expense. Advanced Drainage Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Advanced Drainage Direct Expenses is relatively stable at the moment as compared to the past year. Advanced Drainage reported last year Direct Expenses of 1.97 Billion. As of 12/10/2022, Interest Expense is likely to grow to about 22.4 M, while Cost of Revenue is likely to drop slightly above 855.4 M. View More Fundamentals

Advanced Stock Against Markets

Picking the right benchmark for Advanced Drainage stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Advanced Drainage stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Advanced Drainage is critical whether you are bullish or bearish towards Advanced Drainage Systems at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Advanced Drainage without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Advanced Drainage Corporate Directors

Advanced Drainage corporate directors refer to members of an Advanced Drainage board of directors. The board of directors generally takes responsibility for the Advanced Drainage's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Advanced Drainage's board members must vote for the resolution. The Advanced Drainage board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Tanya Fratto - Independent DirectorProfile
David Horing - Independent DirectorProfile
Abigail Wexner - Independent DirectorProfile
Robert Eversole - Independent DirectorProfile

Invested in Advanced Drainage Systems?

The danger of trading Advanced Drainage Systems is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Advanced Drainage is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Advanced Drainage. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Advanced Drainage Systems is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Advanced Drainage Systems 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 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 YOY
1.045
Market Capitalization
7.3 B
Quarterly Revenue Growth YOY
0.252
Return On Assets
0.1538
Return On Equity
0.4648
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 Advanced Drainage value 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.