Headlines about Advanced Drainage Systems (NYSE:WMS) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Advanced Drainage Systems earned a news impact score of 0.16 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 45.7583454789759 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news articles that may have impacted Accern’s rankings:

Advanced Drainage Systems (WMS) remained flat at $20.00 during midday trading on Thursday. 267,985 shares of the stock were exchanged. The company has a market capitalization of $1.10 billion, a P/E ratio of 40.57 and a beta of 0.94. The stock has a 50 day moving average price of $20.05 and a 200-day moving average price of $20.85. Advanced Drainage Systems has a 12 month low of $18.40 and a 12 month high of $26.30.

Advanced Drainage Systems (NYSE:WMS) last released its quarterly earnings data on Thursday, August 3rd. The construction company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.06). The firm had revenue of $358.36 million for the quarter, compared to analyst estimates of $372.63 million. Advanced Drainage Systems had a return on equity of 62.10% and a net margin of 2.50%. The firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.29 earnings per share. On average, equities analysts expect that Advanced Drainage Systems will post $1.09 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.28 annualized dividend and a dividend yield of 1.40%. Advanced Drainage Systems’s dividend payout ratio is presently 60.87%.

Several research firms have commented on WMS. BidaskClub downgraded shares of Advanced Drainage Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. Zacks Investment Research raised shares of Advanced Drainage Systems from a “sell” rating to a “hold” rating in a research report on Thursday. Boenning Scattergood reissued a “hold” rating on shares of Advanced Drainage Systems in a research report on Thursday, August 3rd. Robert W. Baird reissued a “buy” rating and set a $24.00 target price on shares of Advanced Drainage Systems in a research report on Friday, September 8th. Finally, ValuEngine downgraded shares of Advanced Drainage Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. Advanced Drainage Systems presently has an average rating of “Hold” and an average target price of $24.00.

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In other news, EVP Robert M. Klein sold 20,000 shares of the business’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $20.77, for a total transaction of $415,400.00. Following the transaction, the executive vice president now directly owns 340,205 shares in the company, valued at approximately $7,066,057.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Berkshire Partners Holdings Ll acquired 3,446,293 shares of the stock in a transaction dated Monday, August 7th. The shares were purchased at an average price of $20.32 per share, for a total transaction of $70,028,673.76. The disclosure for this purchase can be found here. 21.43% of the stock is owned by insiders.

Advanced Drainage Systems Company Profile

Advanced Drainage Systems, Inc is engaged in designing, manufacturing and marketing of thermoplastic corrugated pipe and related water management products, primarily in North and South America, and Europe. The Company operates through two segments: Domestic and International. The Domestic segment manufactures and markets products throughout the United States.

Insider Buying and Selling by Quarter for Advanced Drainage Systems (NYSE:WMS)

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