Advanced Drainage Systems, Inc. Common Stock (WMS)
120.91
-3.57 (-2.87%)
Advanced Drainage Systems Inc is a leading manufacturer of water management solutions, specializing in the production of high-performance thermoplastic corrugated pipes and related products
The company provides innovative drainage solutions for a variety of applications, including residential, commercial, agricultural, and municipal projects. By focusing on sustainability and efficient water management, Advanced Drainage Systems seeks to enhance the effectiveness of stormwater management and reduce environmental impact, while offering a wide range of products designed to improve infrastructure resilience and performance. Through its commitment to technology and customer service, it aims to support the growing demand for effective drainage systems in both domestic and international markets.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the hvac and water systems industry, including Advanced Drainage (NYSEWMS) and its peers.
Advanced Drainage Systems (NYSEWMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, today announced the results of its 2024 survey on stormwater management. The study conducted by The Harris Poll on behalf of ADS found that more Americans are concerned about their community's infrastructure for managing stormwater this year than last (60% vs. 51%), following a devastating hurricane season that highlighted the vulnerabilities of our outdated stormwater infrastructure.
Advanced Drainage Systems, Inc. (NYSEWMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal third quarter ended December 31, 2024, before the market opens on February 6, 2025.
What a brutal six months it’s been for Advanced Drainage. The stock has dropped 26.7% and now trades at $114.33, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at A. O. Smith (NYSEAOS) and the best and worst performers in the hvac and water systems industry.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at hvac and water systems stocks, starting with Carrier Global (NYSECARR).
The ADS Foundation today announced a $5 million deposit into Adelphi Bank, a Black-owned financial institution with a deep commitment to serving the community. The ADS Foundation is funded primarily by Advanced Drainage Systems, Inc. (NYSEWMS), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries and one of the largest plastic recyclers in North America.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how AAON (NASDAQAAON) and the rest of the hvac and water systems stocks fared in Q3.
Advanced Drainage Systems, Inc. (NYSEWMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries and one of the largest plastic recyclers in North America, today announced the donation of $30,000 to help in the Hurricane Helene and Hurricane Milton relief efforts through the ADS Foundation.
Water management company Advanced Drainage Systems (NYSEWMS) fell short of the market’s revenue expectations in Q3 CY2024, with sales flat year on year at $782.6 million. The company’s full-year revenue guidance of $2.94 billion at the midpoint came in 1.6% below analysts’ estimates. Its non-GAAP profit of $1.70 per share was also 10.2% below analysts’ consensus estimates.
Advanced Drainage Systems, Inc. (NYSEWMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the “Board”) has approved a quarterly cash dividend to its shareholders in the amount of $0.16 per share, a 14% increase over the prior year dividend amount.
Advanced Drainage Systems, Inc. (NYSEWMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal second quarter ended September 30, 2024.
Advanced Drainage Systems, Inc. (NYSEWMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal second quarter ended September 30, 2024, before the market opens on November 8, 2024.
Advanced Drainage Systems, Inc. (NYSEWMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, today announced the signing of a definitive agreement pursuant to which the Company’s wholly-owned subsidiary, Infiltrator Water Technologies (“Infiltrator”), will acquire Orenco Systems, Inc. (“Orenco”), a leading manufacturer of advanced onsite septic wastewater treatment products serving residential and non-residential end markets. The parties expect the transaction to close in the Company’s third quarter of fiscal 2025, subject to customary closing conditions.
These 10 stocks had the biggest drop last week, with McKesson Corporation, BIO-TECHNE Corp, and Warner Bros. Discovery, Inc. being the worst performers.
