Advanced Drainage Systems(WMS) is having a Dividend Yield of 1.02% with the Annual cash Dividend per share of $0.2. The last quarter cash dividend per share pay out was $0.06. Advanced Drainage Systems has a 5 year average dividend yield of 0.71% and the stock has a Indicated annual dividend of $0.24. Advanced Drainage Systems(WMS) formally announced its most recent dividend on February 9, 2017 with a Dividend per share of $0.06. The new indicated annual dividend based on announced dividend per share is $0.24. The dividend yield based on the forward looking indicated annual dividend is 1.02%. Advanced Drainage Systems(WMS) has the most recent dividend payout ratio of 0.34 with a 5-year average payout ratio of .
Advanced Drainage Systems, Inc. (NYSE:WMS) witnessed a decline in the market cap on Thursday as its shares dropped 4.04% or 0.95 points. After the session commenced at $22.8, the stock reached the higher end at $22.85 while it hit a low of $22.2. With the volume soaring to 919,692 shares, the last trade was called at $22.55. The company has a 52-week high of $28.49. The company has a market cap of $1,243 million and there are 55,113,227 shares in outstanding. The 52-week low of the share price is $17.72. Advanced Drainage Systems, Inc. has lost 7.58% in the last five trading days and dropped 4.25% in the last 4 weeks. Advanced Drainage Systems, Inc. is up 10.32% in the last 3-month period. Year-to-Date the stock performance stands at 9.47%.
Currently the company Insiders own 22.55% of Advanced Drainage Systems, Inc. shares according to the proxy statements. Institutional Investors own 69.78% of Advanced Drainage Systems, Inc. shares. Company has reported several Insider transactions to the SEC, on Jun 15, 2016, Joseph A Chlapaty (CEO) purchased 35,000 shares at 25.98 per share price.On May 28, 2015, Ewout Leeuwenburg (SVP, International) sold 18,500 shares at 29.20 per share price.On May 26, 2015, Ronald R Vitarelli (EVP & Co-COO) sold 5,000 shares at 29.04 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Jan 13, 2017 to Sector Perform, Raises Price Target to $ 24 from a previous price target of $22 .Company shares were Upgraded by Robert W. Baird on Jan 13, 2017 to Outperform, Raises Price Target to $ 29 from a previous price target of $25 .Advanced Drainage Systems Inc was Reiterated by RBC Capital Mkts on Nov 30, 2016 to Sector Perform, Lowers Price Target to $ 22 from a previous price target of $24 .
Advanced Drainage Systems Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.13. The company had revenue of $294.70 million for the quarter, compared to analysts expectations of $292.32 million. The companys revenue was down -5.8 % compared to the same quarter last year.
Advanced Drainage Systems, Inc. is a manufacturer of thermoplastic corrugated pipe, providing a comprehensive suite of water management products and drainage solutions for use in the construction and infrastructure marketplace. The company provides single, double, and triple wall corrugated polypropylene and polyethylene pipes; and allied products comprising PVC drainage structures, fittings and filters, and water quality filters and separators. Its products are used across a broad range of end markets and applications, including non-residential, residential, agriculture and infrastructure applications. Advanced Drainage Systems, Inc. is headquartered in Hilliard, Ohio.