Analysts are on the Bearish side about Advanced Drainage Systems, Inc. (NYSE:WMS) this week.

October 13, 2018 - By olga

Investors sentiment increased to 1.78 in Q2 2018. Its up 0.04, from 1.74 in 2018Q1. It is positive, as 12 investors sold Advanced Drainage Systems, Inc. shares while 24 reduced holdings. 21 funds opened positions while 43 raised stakes. 43.63 million shares or 2.55% more from 42.54 million shares in 2018Q1 were reported.
Allen Inv Mgmt Limited Liability Com accumulated 105,820 shares. Great West Life Assurance Can invested in 0% or 4,062 shares. State Street Corporation, a Massachusetts-based fund reported 818,633 shares. Millennium Management Llc invested in 236,547 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt owns 18,570 shares for 0.01% of their portfolio. California Employees Retirement Sys has invested 0.01% in Advanced Drainage Systems, Inc. (NYSE:WMS). Voya Invest Ltd Liability Co has invested 0% in Advanced Drainage Systems, Inc. (NYSE:WMS). 428,714 are owned by Invesco Ltd. 109,512 are owned by Parametric Port Assoc Ltd Liability. Signaturefd Ltd Liability Corp accumulated 1,332 shares. Vanguard Gp reported 3.29 million shares stake. Stifel Corp stated it has 0% of its portfolio in Advanced Drainage Systems, Inc. (NYSE:WMS). Bluemountain Mngmt holds 0.02% or 40,598 shares in its portfolio. Moreover, Element Capital Mngmt Ltd Llc has 0.01% invested in Advanced Drainage Systems, Inc. (NYSE:WMS). Manufacturers Life The accumulated 32,921 shares or 0% of the stock.

Advanced Drainage Systems, Inc. (NYSE:WMS) Ratings Coverage

Among 3 analysts covering Advanced Drainage Systems (NYSE:WMS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Advanced Drainage Systems had 4 analyst reports since May 30, 2018 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, July 23 by Citigroup. Barclays Capital maintained Advanced Drainage Systems, Inc. (NYSE:WMS) on Monday, August 13 with “Equal-Weight” rating. The rating was maintained by Robert W. Baird with “Outperform” on Wednesday, May 30. Barclays Capital maintained it with “Equal-Weight” rating and $29 target in Wednesday, May 30 report. Below is a list of Advanced Drainage Systems, Inc. (NYSE:WMS) latest ratings and price target changes.

13/08/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $29 New Target: $30 Maintain
23/07/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $29 New Target: $30 Maintain
30/05/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $25 New Target: $29 Maintain
30/05/2018 Broker: Robert W. Baird Old Rating: Outperform New Rating: Outperform Old Target: $29 New Target: $32 Maintain

The stock increased 0.68% or $0.19 during the last trading session, reaching $27.96. About 285,386 shares traded or 4.62% up from the average. Advanced Drainage Systems, Inc. (NYSE:WMS) has risen 47.88% since October 13, 2017 and is uptrending. It has outperformed by 32.26% the S&P500.

Advanced Drainage Systems, Inc. designs, makes, and markets thermoplastic corrugated pipes and related water management products for non-residential, residential, agriculture, and infrastructure applications in the United States and internationally. The company has market cap of $1.59 billion. The firm provides single, double, and triple wall corrugated polypropylene and polyethylene pipes; and allied products comprising storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It has a 22.86 P/E ratio. It also purchases and distributes construction fabrics, as well as other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage.

Another recent and important Advanced Drainage Systems, Inc. (NYSE:WMS) news was published by Businesswire.com which published an article titled: “Advanced Drainage Systems Announces New Executive Vice President, Supply Chain” on October 03, 2018.

Advanced Drainage Systems, Inc. (NYSE:WMS) Ratings Chart

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