WMS - Advanced Drainage Systems, Inc.

NYSE - NYSE Delayed Price. Currency in USD
32.20
+0.69 (+2.19%)
At close: 4:02PM EDT
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Previous Close 31.51
Open 32.00
Bid 32.28 x 800
Ask 32.24 x 800
Day's Range 31.64 - 32.46
52 Week Range 23.04 - 35.29
Volume 625,067
Avg. Volume 369,392
Market Cap 2.196B
Beta (3Y Monthly) 1.04
PE Ratio (TTM) N/A
EPS (TTM) -3.36
Earnings Date Nov 6, 2019 - Nov 11, 2019
Forward Dividend & Yield 0.36 (1.13%)
Ex-Dividend Date 2019-08-29
1y Target Est 37.00
Trade prices are not sourced from all markets
  • Business Wire

    Advanced Drainage Systems Announces Proposed $350 Million Senior Notes Offering

    Advanced Drainage Systems, Inc. (WMS) (“ADS” or the “Company”), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that the Company intends, subject to market and other conditions, to commence an offering (the “Offering”) of up to $350 million aggregate principal amount of senior unsecured notes due 2027 (the “Notes”) in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guaranteed by each of the Company’s present and future direct and indirect domestic subsidiaries that guarantee its senior secured credit facility. The Company intends to use the net proceeds from the Offering for the repayment of a portion of the outstanding borrowings under its existing senior secured credit facility, with the remaining proceeds (if any) being used for general corporate purposes.

  • Advanced Drainage Systems (WMS) Surges: Stock Moves 6% Higher
    Zacks

    Advanced Drainage Systems (WMS) Surges: Stock Moves 6% Higher

    Advanced Drainage Systems (WMS) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

  • Moody's

    Advanced Drainage Systems, Inc. -- Moody's assigns Ba2 CFR to Advanced Drainage Systems; rating outlook stable

    Moody's Investors Service ("Moody's") assigned a first-time Ba2 Corporate Family Rating and Ba2-PD Probability of Default Rating to Advanced Drainage Systems, Inc. (ADS), a manufacturer of storm water management products and drainage solutions throughout North America and Mexico, and septic systems for new and existing homes in North America. In related rating actions, Moody's assigned a speculative grade liquidity rating of SGL-1, a Ba1 rating to its proposed $1.05 billion senior secured bank credit facility, and a B1 to the $350 million senior unsecured notes due 2027. Proceeds from the bank credit facility, notes and about $256 million in cash raised from a secondary issuance of common equity will be used to pay down existing bank debt originally used for the acquisition of Infiltrator Water Technologies LLC (Infiltrator).

  • Business Wire

    Advanced Drainage Systems Announces Pricing of Upsized Common Stock Offering

    Advanced Drainage Systems, Inc. (WMS) (“ADS” or the “Company”), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced it has upsized and priced its previously announced underwritten public offering (the “Offering”). ADS will sell 9,000,000 shares of its common stock at a public offering price of $29.75 per share. ADS has granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of its common stock.

  • Business Wire

    Advanced Drainage Systems Announces Launch of Common Stock Offering

    Advanced Drainage Systems, Inc. (WMS) (“ADS” or the “Company”), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced it has launched an underwritten public offering (the “Offering”) of 7,500,000 shares of its common stock, par value $0.01 per share (“Common Stock”). In connection with the Offering, ADS intends to grant the underwriters a 30-day option to purchase up to an additional 1,125,000 shares of its Common Stock. Such borrowings were incurred to finance the previously announced acquisition of Infiltrator Water Technologies Ultimate Holdings, Inc. (“Infiltrator”).

  • Only 4 Days Left To Cash In On Advanced Drainage Systems, Inc. (NYSE:WMS) Dividend
    Simply Wall St.

    Only 4 Days Left To Cash In On Advanced Drainage Systems, Inc. (NYSE:WMS) Dividend

    Advanced Drainage Systems, Inc. (NYSE:WMS) is about to trade ex-dividend in the next 4 days. Investors can purchase...

  • GlobeNewswire

    ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Advanced Drainage Systems, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors who purchased common stock, or derivative securities convertible into, exercisable for, or exchangeable against Advanced Drainage Systems, Inc. (“WMS” or “the Company”) (NYSE: WMS) from the period beginning on August 15, 2015 through March 31, 2016 who may have a compensable legal claim in connection with WMS’s alleged fraud. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. The Company was forced to admit to a number of accounting irregularities, including being aware of inappropriate entries and adjustments to the Company’s financials.

  • Is Advanced Drainage Systems (NYSE:WMS) Using Too Much Debt?
    Simply Wall St.

    Is Advanced Drainage Systems (NYSE:WMS) Using Too Much Debt?

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

  • Business Wire

    EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Advanced Drainage Systems Inc. – WMS

    Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Advanced Drainage Systems Inc. who purchased shares on or before August 17, 2015 and held through March 29, 2016, resulting from allegations that Advanced Drainage System may have issued materially misleading business information to the investing public.

  • ACK Asset Management’s Top Stock Picks
    Insider Monkey

    ACK Asset Management’s Top Stock Picks

    ACK Asset Management was founded back in 2005 by Richard S. Meisenberg and John Henry Reilly III, who are also the fund’s co-portfolio managers. Prior to founding ACK Asset Management, Richard Meisenberg worked as an analyst at Oppenheimer & Co. and Smith Barney, and he was a founding partner at Palisade Capital Management. John Henry […]

  • Business Wire

    Advanced Drainage Systems Announces Quarterly Cash Dividend

    Advanced Drainage Systems, Inc. (WMS) (“ADS” or the “Company”), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that its Board of Directors has approved a quarterly cash dividend to its shareholders in the amount of $0.09 per share. Advanced Drainage Systems is the leading manufacturer of high performance thermoplastic corrugated pipe, providing a comprehensive suite of water management products and superior drainage solutions for use in the construction and infrastructure marketplace. Its innovative products are used across a broad range of end markets and applications, including non-residential, residential, agriculture and infrastructure applications.

  • Thomson Reuters StreetEvents

    Edited Transcript of WMS earnings conference call or presentation 1-Aug-19 2:00pm GMT

    Q1 2020 Advanced Drainage Systems Inc Earnings Call

  • Advanced Drainage Systems Inc (WMS) Q1 2020 Earnings Call Transcript
    Motley Fool

    Advanced Drainage Systems Inc (WMS) Q1 2020 Earnings Call Transcript

    WMS earnings call for the period ending June 30, 2019.

  • Central Ohio manufacturer makes a $1 billion buy
    American City Business Journals

    Central Ohio manufacturer makes a $1 billion buy

    A Hilliard-based manufacturer has completed a $1 billion purchase. Advanced Drainage Systems Inc., which makes thermoplastic corrugated pipe and other water management products, Thursday announced the acquisition of Infiltrator Water Technologies, a Connecticut-based manufacturer of septic wastewater treatment products, for $1.08 billion from the Ontario Teachers’ Pension Plan. The two companies have worked together for more than 15 years, ADS CEO Scott Barbour said in a news release.

  • Advanced Drainage Systems (WMS) Q1 Earnings Miss Estimates
    Zacks

    Advanced Drainage Systems (WMS) Q1 Earnings Miss Estimates

    Advanced Drainage (WMS) delivered earnings and revenue surprises of -49.21% and 0.02%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Owens Corning (OC) Stock Up 6% on Q2 Earnings & Sales Beat
    Zacks

    Owens Corning (OC) Stock Up 6% on Q2 Earnings & Sales Beat

    Higher organic growth and improved operating efficiencies help Owens Corning (OC) to post better-than-expected Q2 results.

  • Advanced Drainage Systems (WMS) Earnings Expected to Grow: Should You Buy?
    Zacks

    Advanced Drainage Systems (WMS) Earnings Expected to Grow: Should You Buy?

    Advanced Drainage (WMS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Did Advanced Drainage Systems, Inc. (NYSE:WMS) Use Debt To Deliver Its ROE Of 12%?
    Simply Wall St.

    Did Advanced Drainage Systems, Inc. (NYSE:WMS) Use Debt To Deliver Its ROE Of 12%?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • Construction Partners Buys HMA Manufacturing & Paving Firm
    Zacks

    Construction Partners Buys HMA Manufacturing & Paving Firm

    Construction Partners' (ROAD) acquisition of HMA manufacturing plant and paving company strengthens its presence in the northeast Alabama market.

  • New Strong Buy Stocks for July 12th
    Zacks

    New Strong Buy Stocks for July 12th

    New Strong Buy Stocks for July 12th

  • ACCESSWIRE

    Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Advanced Drainage Systems, Inc. (WMS)

    NEW YORK, NY / ACCESSWIRE / July 11, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Advanced Drainage Systems, Inc. (“WMS” or “the Company”) (NYSE: ...