A new trading day began on Tuesday, with Advanced Drainage Systems Inc (NYSE: WMS) stock price down -3.12% from the previous day of trading, before settling in for the closing price of $133.23. WMS’s price has ranged from $116.98 to $184.27 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 16.70% over the past five years. Meanwhile, its annual earnings per share averaged -4.67%. With a float of $69.35 million, this company’s outstanding shares have now reached $70.87 million.
Let’s look at the performance matrix of the company that is accounted for 5705 employees. In terms of profitability, gross margin is 38.13%, operating margin of 24.19%, and the pretax margin is 21.88%.
Advanced Drainage Systems Inc (WMS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Building Products & Equipment Industry. The insider ownership of Advanced Drainage Systems Inc is 10.55%, while institutional ownership is 87.29%. The most recent insider transaction that took place on Aug 14 ’24, was worth 2,326,854. Before that another transaction happened on May 30 ’24, when Company’s EVP, CFO AND SECRETARY sold 73,207 for $173.11, making the entire transaction worth $12,672,630. This insider now owns 91,442 shares in total.
Advanced Drainage Systems Inc (WMS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -4.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.00% during the next five years compared to 39.58% growth over the previous five years of trading.
Advanced Drainage Systems Inc (NYSE: WMS) Trading Performance Indicators
Here are Advanced Drainage Systems Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.43. Likewise, its price to free cash flow for the trailing twelve months is 25.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.28, a number that is poised to hit 1.20 in the next quarter and is forecasted to reach 6.73 in one year’s time.
Technical Analysis of Advanced Drainage Systems Inc (WMS)
Advanced Drainage Systems Inc (NYSE: WMS) saw its 5-day average volume 0.73 million, a positive change from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 8.18%. Additionally, its Average True Range was 5.54.
During the past 100 days, Advanced Drainage Systems Inc’s (WMS) raw stochastic average was set at 1.77%, which indicates a significant decrease from 2.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.89% in the past 14 days, which was higher than the 43.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $149.89, while its 200-day Moving Average is $159.59. Nevertheless, the first resistance level for the watch stands at $131.77 in the near term. At $134.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $136.00. If the price goes on to break the first support level at $127.54, it is likely to go to the next support level at $126.01. The third support level lies at $123.31 if the price breaches the second support level.
Advanced Drainage Systems Inc (NYSE: WMS) Key Stats
With a market capitalization of 10.01 billion, the company has a total of 77,523K Shares Outstanding. Currently, annual sales are 2,874 M while annual income is 509,920 K. The company’s previous quarter sales were 782,610 K while its latest quarter income was 130,380 K.
