Throughout the last three months, 4 analysts have evaluated Advanced Drainage Systems WMS, offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 3 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 2 | 0 | 0 | 0 |
Analysts have recently evaluated Advanced Drainage Systems and provided 12-month price targets. The average target is $184.25, accompanied by a high estimate of $190.00 and a low estimate of $180.00. Marking an increase of 17.6%, the current average surpasses the previous average price target of $156.67.
Diving into Analyst Ratings: An In-Depth Exploration
The analysis of recent analyst actions sheds light on the perception of Advanced Drainage Systems by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Ryan Connors | Northcoast Research | Announces | Buy | $190.00 | - |
| Bryan Blair | Oppenheimer | Raises | Outperform | $180.00 | $172.00 |
| Jeffrey Hammond | Keybanc | Raises | Overweight | $185.00 | $160.00 |
| Trey Grooms | Stephens & Co. | Raises | Overweight | $182.00 | $138.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Advanced Drainage Systems. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Advanced Drainage Systems compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Advanced Drainage Systems's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Advanced Drainage Systems's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Advanced Drainage Systems analyst ratings.
Delving into Advanced Drainage Systems's Background
Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.
Financial Insights: Advanced Drainage Systems
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Advanced Drainage Systems's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 1.1%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 15.95%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Advanced Drainage Systems's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.94% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Advanced Drainage Systems's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.35%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.1, caution is advised due to increased financial risk.
Analyst Ratings: Simplified
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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