Advanced Drainage Systemsの空売り状況は、投資家がAdvanced Drainage Systemsの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

Advanced Drainage Systems (NYSE:WMS) 株価情報, 空売り情報

Advanced Drainage Systems

Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.

Advanced Drainage Systems, Inc. Common Stock

Advanced Drainage Systems Inc

Advanced Drainage Systems's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) short percent of float has risen 26.11% since its last report. The company recently reported that it has 2.18 million shares sold short, which is 2.85% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.65 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Advanced Drainage Systems Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734621316_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Advanced Drainage Systems has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Advanced Drainage Systems's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Advanced Drainage Systems's peer group average for short interest as a percentage of float is 3.46%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into Advanced Drainage Systems's Recent Short Interest

On CNBC's &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Jim Cramer said Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) is one of his <a href="https://www.benzinga.com/quote/OXY/analyst-ratings">&#8220;least favorite oils.&#8221;</a>
On Monday, UBS analyst Josh Silverstein maintained Occidental Petroleum with a Neutral and lowered the price target from&nbsp;$58&nbsp;to&nbsp;$51, while Wells Fargo analyst Roger Read maintained the stock with an Equal-Weight and cut the price target from&nbsp;$56&nbsp;to&nbsp;$53.
&#8220;I think it's a very good situation,&#8221; Cramer said when asked about The Cooper Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COO#NYSE">COO</a>).
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<li><a href="https://analytics.google.com/analytics/web/#/p283071105/reports/explorer?params=_u..nav%3Dmaui%26_r..dataFilters%3D%5B%7B%22type%22:1,%22fieldName%22:%22landingPage%22,%22evaluationType%22:4,%22expressionList%22:%5B%22%252Ftrading-ideas%252Flong-ideas%252F24%252F04%252F38312296%252Fjim-cramer-recommends-buying-ethereum-or-bitcoin-instead-of-this-stock-lets-not-fool-aro%22%5D,%22complement%22:false,%22isCaseSensitive%22:true,%22expression%22:%22%22%7D%5D&amp;r=6342961161&amp;ruid=all-pages-and-screens,life-cycle,engagement&amp;collectionId=6114769606" target="_blank" rel="noreferrer noopener"></a></li>
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See Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/04/38312296/jim-cramer-recommends-buying-ethereum-or-bitcoin-instead-of-this-stock-lets-not-fool-aro">Jim Cramer Recommends Buying Ethereum Or Bitcoin Instead Of This Stock: &#8216;Let&#8217;s Not Fool Around</a>
Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) is the &#8220;ultimate speculative, and as long as you know that, then I'm absolutely fine with it,&#8221; Cramer said.
Cramer recommended to keep owning Energy Transfer LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) and also recommended buying more in case it goes down.
The Mad Money host said he likes Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>). &#8220;I think that their legal stuff is really largely behind them,&#8221; he added.
When asked about Kinder Morgan, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>), he said, &#8220;It's a good situation.&#8221;
As for Advanced Drainage Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>), the company &#8220;missed the numbers by a mile,&#8221; Cramer said. &#8220;And when I see that, that often means that the next numbers' going to be missed too. So let's be careful there.&#8221;
Price Action:
<ul>
<li>Occidental Petroleum shares fell 0.9% to settle at $48.05 on Tuesday.</li>
<li>Cooper Companies shares fell 0.2% to close at $99.08.</li>
<li>Energy Transfer shares slipped 0.5% to settle at $18.74 on Tuesday.</li>
<li>Abbott shares gained 0.5% to $115.50 on Tuesday.</li>
<li>Kinder Morgan shares fell 0.8% to close at $26.89 on Tuesday.</li>
<li>Advanced Drainage Systems shares fell 1.7% to settle at $128.24 during the session.</li>
<li>Archer Aviation shares slipped 1.3% to close at $7.72 on Tuesday.</li>
</ul>
Read Next: 
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Image: Shutterstock

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Markets

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Jim Cramer Says 'Keep Owning' This Energy Stock, Abbott Laboratories 'Legal Stuff' Is Behind Them

Stephens &amp; Co. analyst Trey Grooms downgrades Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) from Overweight to Equal-Weight and announces $135 price target.

Downgrades

Price Target

Analyst Ratings

Stephens & Co. Downgrades Advanced Drainage Systems to Equal-Weight, Announces $135 Price Target

WIIM

Advanced Drainage Systems shares are trading lower after multiple firms cut their respective price targets on the stock.

When Kamala Harris lost the 2024 U.S. election last week, these ten large-cap stocks were the worst performers.
<ol>
<li>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) shares dipped 12.53% last week despite a third-quarter earnings beat due to a weak vaccine demand slowdown. Several <a href="https://www.benzinga.com//node/41854205" target="_blank" rel="noreferrer noopener">analysts lowered their price forecast</a> on the stock.</li>
<li>Honda Motor Company, Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) stock tumbled 11.46% on a decline in the first-half profit <a href="https://www.benzinga.com//node/41781952" target="_blank" rel="noreferrer noopener">and reduced annual profit forecast</a>.</li>
<li>Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>) shares declined 10.67% after the company <a href="https://www.benzinga.com//node/41823455" target="_blank" rel="noreferrer noopener">revised its FY24 guidance</a>.</li>
<li>Advanced Drainage Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) stock fell 10.53% after it reported worse-than-expected second-quarter results and cut its FY25 <a href="https://www.benzinga.com//node/41839671" target="_blank" rel="noreferrer noopener">net sales outlook</a>.</li>
<li>AstraZeneca PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) shares decreased 9.72% following a report suggesting that the company&#8217;s insurance fraud <a href="https://www.benzinga.com//node/41754167" target="_blank" rel="noreferrer noopener">involved senior executives in China</a>.</li>
<li>Pinterest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) stock was down 9.60% after the company reported third-quarter results, and several analysts cut <a href="https://www.benzinga.com//node/41850902" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>MercadoLibre, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) shares fell 9.29% after it reported <a href="https://www.benzinga.com//node/41793254" target="_blank" rel="noreferrer noopener">third-quarter financial results</a>.</li>
<li>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) stock declined 8.64%, probably due to Donald Trump&#8217;s presidential election victory. Investors may be assessing Trump&#8217;s policies<a href="https://www.benzinga.com//node/41778433" target="_blank" rel="noreferrer noopener"> regarding solar and renewable energy</a>.</li>
<li>POSCO HOLDINGS INC. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKX#NYSE">PKX</a>) shares were down 8.42%.</li>
<li>Floor &amp; Decor Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FND#NYSE">FND</a>) stock fell 8.22%.</li>
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<li><a href="https://www.benzinga.com/news/large-cap/24/11/41886058/donald-trump-victory-week-nov-4-8-these-large-cap-stocks-were-biggest-gainers" target="_blank" rel="noreferrer noopener">Donald Trump Victory Week (Nov 4-8): These Large Cap Stocks Were Biggest Gainers</a></li>
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Image via Shutterstock

Large Cap

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AKAM

FSLR

MELI

MRNA

PINS

The Week Kamala Harris Lost (Nov 4-8), These Large Cap Stocks Lost Big

Loop Capital analyst Garik Shmois maintains Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) with a Buy and lowers the price target from $180 to $170.

Loop Capital Maintains Buy on Advanced Drainage Systems, Lowers Price Target to $170

Looking into the current session, Advanced Drainage Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) shares are trading at $134.09, after a 1.52% drop. Over the past month, the stock decreased by 13.40%, but over the past year, it actually spiked by 11.70%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2024/1731339909_0.png" alt="Past Year Chart" />

<h3>Advanced Drainage Systems P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of the 31.63 in the Building Products industry, Advanced Drainage Systems Inc. has a lower P/E ratio of 21.65. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1731339910_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

A Look Into Advanced Drainage Systems Inc's Price Over Earnings

Barclays analyst Matthew Bouley maintains Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) with a Overweight and lowers the price target from $194 to $172.

Barclays Maintains Overweight on Advanced Drainage Systems, Lowers Price Target to $172

4 analysts have shared their evaluations of Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Advanced Drainage Systems and provided 12-month price targets. The average target is $179.25, accompanied by a high estimate of $192.00 and a low estimate of $161.00. A 4.78% drop is evident in the current average compared to the previous average price target of $188.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1731333610_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Advanced Drainage Systems. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jeffrey Hammond</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$180.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Bryan Blair</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$184.00</td>
<td>$192.00</td>
</tr>
<tr>
<td>Michael Halloran</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$161.00</td>
<td>$174.00</td>
</tr>
<tr>
<td>Bryan Blair</td>
<td>Oppenheimer</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$192.00</td>
<td>$192.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Advanced Drainage Systems. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Advanced Drainage Systems compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Advanced Drainage Systems's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
For valuable insights into Advanced Drainage Systems's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/WMS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Advanced Drainage Systems analyst ratings.</a>
<h2>Discovering Advanced Drainage Systems: A Closer Look</h2>
Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.
<h3>A Deep Dive into Advanced Drainage Systems's Financials</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Advanced Drainage Systems's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 4.79% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Advanced Drainage Systems's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 19.8%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Advanced Drainage Systems's ROE stands out, surpassing industry averages. With an impressive ROE of 12.28%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Advanced Drainage Systems's ROA stands out, surpassing industry averages. With an impressive ROA of 4.81%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Advanced Drainage Systems's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.0, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: Simplified</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Advanced Drainage Systems Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)

Keybanc analyst Jeffrey Hammond maintains Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) with a Overweight and lowers the price target from $195 to $180.

Keybanc Maintains Overweight on Advanced Drainage Systems, Lowers Price Target to $180

Oppenheimer analyst Bryan Blair maintains Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) with a Outperform and lowers the price target from $192 to $184.

Oppenheimer Maintains Outperform on Advanced Drainage Systems, Lowers Price Target to $184

Baird analyst Michael Halloran maintains Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) with a Outperform and lowers the price target from $174 to $161.

Baird Maintains Outperform on Advanced Drainage Systems, Lowers Price Target to $161

Advanced Drainage Systems shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY25 net sales guidance below estimates.

Adjusted EBITDA is expected to be in the range of $880 million to $920 million. Capital expenditures are expected to be approximately $250 million.

Guidance

Advanced Drainage Systems Cuts FY25 Net Sales Outlook From $2.925B - $3.025B To $2.900B - $2.975B,  Est $2.985B

Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) reported quarterly earnings of $1.70 per share which missed the analyst consensus estimate of $1.90 by 10.53 percent. This is a 0.58 percent decrease over earnings of $1.71 per share from the same period last year. The company reported quarterly sales of $782.61 million which missed the analyst consensus estimate of $822.35 million by 4.83 percent. This is a 0.31 percent increase over sales of $780.22 million the same period last year.

Earnings

Earnings Misses

Advanced Drainage Systems Q2 2025 Adj EPS $1.70 Misses $1.90 Estimate, Sales $782.61M Miss $822.35M Estimate

Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) is gearing up to announce its quarterly earnings on Friday, 2024-11-08. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Advanced Drainage Systems will report an earnings per share (EPS) of $1.89.
Advanced Drainage Systems bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Earnings Track Record</h3>
During the last quarter, the company reported an EPS missed by $0.01, leading to a 3.0% drop in the share price on the subsequent day.
Here's a look at Advanced Drainage Systems's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.07</td>
<td>1.01</td>
<td>1.02</td>
<td>1.64</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.06</td>
<td>1.23</td>
<td>1.37</td>
<td>1.71</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.0%</td>
<td>1.0%</td>
<td>3.0%</td>
<td>5.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730995831_0.png" alt="eps graph" />
<h3>Performance of Advanced Drainage Systems Shares</h3>
Shares of Advanced Drainage Systems were trading at $163.52 as of November 06. Over the last 52-week period, shares are up 42.82%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analyst Opinions on Advanced Drainage Systems</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Advanced Drainage Systems.
A total of 4 analyst ratings have been received for Advanced Drainage Systems, with the consensus rating being Outperform. The average one-year price target stands at $188.25, suggesting a potential 15.12% upside.
<h3>Peer Ratings Comparison</h3>
The analysis below examines the analyst ratings and average 1-year price targets of Allegion, A.O. Smith and Fortune Brands, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>The prevailing sentiment among analysts is an Neutral trajectory for Allegion, with an average 1-year price target of $145.2, implying a potential 11.2% downside.</li>
<li>For A.O. Smith, analysts project an Neutral trajectory, with an average 1-year price target of $83.0, indicating a potential 49.24% downside.</li>
<li>For Fortune Brands, analysts project an Buy trajectory, with an average 1-year price target of $95.43, indicating a potential 41.64% downside.</li>
</ul>
<h3>Peers Comparative Analysis Summary</h3>
The peer analysis summary provides a snapshot of key metrics for Allegion, A.O. Smith and Fortune Brands, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Advanced Drainage Systems</td>
<td>Outperform</td>
<td>4.79%</td>
<td>$332.45M</td>
<td>12.28%</td>
</tr>
<tr>
<td>Allegion</td>
<td>Neutral</td>
<td>5.36%</td>
<td>$432.10M</td>
<td>11.63%</td>
</tr>
<tr>
<td>A.O. Smith</td>
<td>Neutral</td>
<td>-3.72%</td>
<td>$337.30M</td>
<td>6.27%</td>
</tr>
<tr>
<td>Fortune Brands</td>
<td>Buy</td>
<td>6.56%</td>
<td>$541M</td>
<td>5.81%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Advanced Drainage Systems ranks: 
- Top for Revenue Growth among peers. 
- Middle for Gross Profit among peers. 
- Top for Return on Equity among peers. 
Overall, Advanced Drainage Systems is performing well compared to its peers in terms of revenue growth and return on equity.
<h3>Unveiling the Story Behind Advanced Drainage Systems</h3>
Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.
<h3>Breaking Down Advanced Drainage Systems's Financial Performance</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Advanced Drainage Systems's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 4.79%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Advanced Drainage Systems's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 19.8% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 12.28%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Advanced Drainage Systems's ROA stands out, surpassing industry averages. With an impressive ROA of 4.81%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Advanced Drainage Systems's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.0.
<a href="https://www.benzinga.com/quote/WMS/earnings">To track all earnings releases for Advanced Drainage Systems visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Uncovering Potential: Advanced Drainage Systems's Earnings Preview

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Shares of companies within the broader industrial sector are trading higher after Donald Trump won the 2024 presidential election.

Advanced Drainage Systems's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) short percent of float has risen 5.82% since its last report. The company recently reported that it has 1.53 million shares sold short, which is 2.0% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.2 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Advanced Drainage Systems Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725564610_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Advanced Drainage Systems has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Advanced Drainage Systems's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Advanced Drainage Systems's peer group average for short interest as a percentage of float is 4.04%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Advanced Drainage Systems's Recent Short Interest

Aquabox storage system expands stormwater management product portfolio
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.adspipe.com%2F&amp;esheet=54114059&amp;newsitemid=20240827594223&amp;lan=en-US&amp;anchor=Advanced+Drainage+Systems%2C+Inc.&amp;index=1&amp;md5=38f09d08810c4b86afb1b345b8c71439">Advanced Drainage Systems, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, and Geoplast, an Italian leader in recycled plastic solutions for sustainable construction products, entered into a strategic partnership to distribute Aquabox, a modular, high-capacity stormwater retention/detention system in the United States. The <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.adspipe.com%2Fwater-management-solutions%2Fdetention-infiltration%2Faquabox&amp;esheet=54114059&amp;newsitemid=20240827594223&amp;lan=en-US&amp;anchor=Aquabox+product+line&amp;index=2&amp;md5=27f57a80d26062efca0e80ef3ad1c52a">Aquabox product line</a> is designed to create flexible underground storage for stormwater retention, infiltration, disposal or harvesting for reuse.
Geoplast has a proven history of designing and manufacturing innovative products for a variety of applications including in construction, stormwater management, urban greening and landscaping.

Advanced Drainage Systems Entered Into A Strategic Partnership With Geoplast To Distribute Aquabox, A Modular, High-Capacity Stormwater Retention/Detention System In The U.S.

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<li>Korea Electric Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEP#NYSE">KEP</a>) shares were up 10.59%.</li>
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<li>Advanced Drainage Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) stock was up 9.87%, along with other construction and homebuilder stocks, following strong July new Home Sales economic data and the Fed&#8217;s indication of interest rate cuts.</li>
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Also Read:
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<li><a href="https://www.benzinga.com/news/large-cap/24/08/40543907/snowflake-jd-com-and-temu-parent-pdd-are-among-top-8-large-cap-losers-last-week-aug-18-aug-24-are-">Snowflake, JD.com And Temu Parent PDD Are Among Top 8 Large Cap Losers Last Week (Aug 18-Aug 24): Are The Others In Your Portfolio?</a></li>
</ul>
Image via Shutterstock

BLDR

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Zoom Video, MicroStrategy And Target Were Among Top 11 Large Cap Gainers Last Week (Aug 18-Aug 24): Are The Others In Your Portfolio?

Barclays lowered the firm's price target on Advanced Drainage (WMS) to $172 from $194 and keeps an Overweight rating on the shares. The company's g...

Advanced Drainage price target lowered to $172 from $194 at Barclays

KeyBanc lowered the firm's price target on Advanced Drainage (WMS) to $180 from $195 and keeps an Overweight rating on the shares following quarter...

Advanced Drainage price target lowered to $180 from $195 at KeyBanc

Loop Capital Markets analyst Garik Shmois maintained a Buy rating on Advanced Drainage Systems (WMS – Research Report) today and set a price target...

Loop Capital Markets Sticks to Its Buy Rating for Advanced Drainage Systems (WMS)

Loop Capital analyst Garik Shmois lowered the firm's price target on Advanced Drainage (WMS) to $170 from $180 but keeps a Buy rating on the shares...

Advanced Drainage price target lowered to $170 from $180 at Loop Capital

Stephens downgraded Advanced Drainage (WMS) to Equal Weight from Overweight with a price target of $135, down from $170. The company recently annou...

Advanced Drainage downgraded to Equal Weight from Overweight at Stephens

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Oppenheimer analyst Bryan Blair maintained a Buy rating on Advanced Drainage Systems (WMS – Research Report) today and set a price target of $184.0...

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