Advanced Drainage Systems Receives Buy Rating with Price Target of $173
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 09 Jan 26
Source: Yahoo Finance
Advanced Drainage Systems Inc (WMS) saw a price increase of 3.42%, reaching a 52-week high. This movement aligns with the broader market strength, as the Nasdaq-100 rose 0.93% and the S&P 500 gained 0.69%.
The stock's positive performance is attributed to a recent buy rating with a price target of $173, reflecting analysts' confidence in the company's future in the drainage solutions market. This rating is expected to attract more investor interest, bolstering WMS's position in a competitive industry.
The establishment of a buy rating and a favorable price target may enhance investor confidence in WMS stock, potentially impacting its performance in capital markets and improving the company's financing capabilities.
Analyst Views on WMS
Wall Street analysts forecast WMS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WMS is 178.67 USD with a low forecast of 168.00 USD and a high forecast of 197.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 151.980
Low
168.00
Averages
178.67
High
197.00
Current: 151.980
Low
168.00
Averages
178.67
High
197.00
About WMS
Advanced Drainage Systems, Inc. is a manufacturer of stormwater and onsite wastewater solutions. The Company and its subsidiary, Infiltrator Water Technologies, LLC, provide stormwater drainage and onsite wastewater products used in a wide variety of markets and applications, including commercial, residential, infrastructure and agriculture, while delivering customer service. Its pipe segment manufactures and markets thermoplastic corrugated pipe throughout the United States. Its infiltrator segment is a provider of plastic leachfield chambers and systems, septic tanks and accessories, primarily for use in residential applications. Its international segment manufactures and markets products in regions outside the United States, with a strategy focused on its owned facilities in Canada and those markets serviced through its joint ventures in Mexico and South America. Its other segments manufacture a range of allied products and other that are complementary to their pipe products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
