On Tuesday, Advanced Drainage Systems Inc (NYSE: WMS) opened higher 0.96% from the last session, before settling in for the closing price of $134.00. Price fluctuations for WMS have ranged from $122.61 to $184.27 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 16.70%. Company’s average yearly earnings per share was noted -4.67% at the time writing. With a float of $70.90 million, this company’s outstanding shares have now reached $71.46 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
A key investor’s attitude towards the stock of the Building Products & Equipment industry is another important factor to consider. The insider ownership of Advanced Drainage Systems Inc is 8.56%, while institutional ownership is 87.33%. 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) Earnings and Forecasts
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
Check out the current performance indicators for Advanced Drainage Systems Inc (WMS). In the past quarter, the stock posted a quick ratio of 2.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.60. Likewise, its price to free cash flow for the trailing twelve months is 26.49.
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)
Looking closely at Advanced Drainage Systems Inc (NYSE: WMS), its last 5-days average volume was 0.54 million, which is a jump from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 71.21%. Additionally, its Average True Range was 4.51.
During the past 100 days, Advanced Drainage Systems Inc’s (WMS) raw stochastic average was set at 14.74%, which indicates a significant decrease from 75.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.63% in the past 14 days, which was lower than the 43.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $146.85, while its 200-day Moving Average is $158.54. However, in the short run, Advanced Drainage Systems Inc’s stock first resistance to watch stands at $136.55. Second resistance stands at $137.81. The third major resistance level sits at $139.19. If the price goes on to break the first support level at $133.91, it is likely to go to the next support level at $132.53. Should the price break the second support level, the third support level stands at $131.27.
Advanced Drainage Systems Inc (NYSE: WMS) Key Stats
There are currently 77,523K shares outstanding in the company with a market cap of 10.49 billion. Presently, the company’s annual sales total 2,874 M according to its annual income of 509,920 K. Last quarter, the company’s sales amounted to 782,610 K and its income totaled 130,380 K.
