Advanced Drainage Systems (NYSE:WMS) Stock Rating Upgraded by Zacks Research

Posted by on Jul 29th, 2026

Advanced Drainage Systems (NYSE:WMS – Get Free Report) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Several other research firms have also issued reports on WMS. Royal Bank Of Canada raised their price target on Advanced Drainage Systems from $168.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, June 8th. Barclays lifted their price objective on Advanced Drainage Systems from $181.00 to $191.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. KeyCorp reiterated an “overweight” rating on shares of Advanced Drainage Systems in a research note on Monday, June 22nd. Jefferies Financial Group assumed coverage on shares of Advanced Drainage Systems in a research note on Thursday, June 11th. They set a “buy” rating and a $175.00 target price for the company. Finally, Stephens raised Advanced Drainage Systems from an “equal weight” rating to an “overweight” rating and dropped their price target for the stock from $190.00 to $175.00 in a research report on Wednesday, May 27th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $187.00.

Read Our Latest Stock Report on Advanced Drainage Systems

Advanced Drainage Systems Stock Performance

Advanced Drainage Systems stock opened at $145.12 on Monday. The firm’s fifty day moving average price is $142.71 and its 200-day moving average price is $148.63. Advanced Drainage Systems has a fifty-two week low of $110.85 and a fifty-two week high of $179.32. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.35 and a current ratio of 2.42. The stock has a market cap of $11.12 billion, a P/E ratio of 26.68, a price-to-earnings-growth ratio of 1.54 and a beta of 1.26.

Advanced Drainage Systems (NYSE:WMS – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The construction company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.95 by $0.12. The firm had revenue of $676.76 million for the quarter, compared to analyst estimates of $651.92 million. Advanced Drainage Systems had a return on equity of 26.63% and a net margin of 13.98%.The company’s revenue was up 9.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.03 EPS. On average, equities research analysts expect that Advanced Drainage Systems will post 6.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in WMS. Northwestern Mutual Wealth Management Co. lifted its position in Advanced Drainage Systems by 352.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 226 shares of the construction company’s stock valued at $26,000 after acquiring an additional 176 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of Advanced Drainage Systems by 1.8% in the second quarter. Baird Financial Group Inc. now owns 21,049 shares of the construction company’s stock worth $2,418,000 after purchasing an additional 382 shares during the last quarter. Brown Advisory Inc. lifted its holdings in shares of Advanced Drainage Systems by 14.0% during the second quarter. Brown Advisory Inc. now owns 4,784 shares of the construction company’s stock valued at $549,000 after purchasing an additional 588 shares in the last quarter. Jump Financial LLC bought a new position in shares of Advanced Drainage Systems during the second quarter valued at $403,000. Finally, California Public Employees Retirement System boosted its position in shares of Advanced Drainage Systems by 2.2% during the second quarter. California Public Employees Retirement System now owns 101,512 shares of the construction company’s stock valued at $11,660,000 after buying an additional 2,206 shares during the last quarter. Institutional investors own 89.83% of the company’s stock.

About Advanced Drainage Systems

(Get Free Report)

Advanced Drainage Systems, Inc (NYSE: WMS) is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.

The company’s product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.

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Analyst Recommendations for Advanced Drainage Systems (NYSE:WMS)

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