WMS Industries Inc (NYSE:WMS) Stock Sentiment Worsens

May 21, 2018 - By Vivian Currie

Sentiment for WMS Industries Inc (NYSE:WMS)

WMS Industries Inc (NYSE:WMS) institutional sentiment decreased to 1.05 in 2017 Q4. Its down -0.54, from 1.59 in 2017Q3. The ratio dropped, as 44 active investment managers increased and opened new holdings, while 42 sold and trimmed holdings in WMS Industries Inc. The active investment managers in our partner’s database now possess: 42.54 million shares, down from 42.73 million shares in 2017Q3. Also, the number of active investment managers holding WMS Industries Inc in their top 10 holdings was flat from 2 to 2 for the same number . Sold All: 11 Reduced: 31 Increased: 29 New Position: 15.

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 $1.48 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 33.89 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.

The stock increased 1.15% or $0.3 during the last trading session, reaching $26.3. About 73,779 shares traded. Advanced Drainage Systems, Inc. (NYSE:WMS) has risen 19.95% since May 21, 2017 and is uptrending. It has outperformed by 8.40% the S&P500.

Analysts await Advanced Drainage Systems, Inc. (NYSE:WMS) to report earnings on May, 24. They expect $-0.06 earnings per share, up 82.35 % or $0.28 from last year’s $-0.34 per share. After $0.32 actual earnings per share reported by Advanced Drainage Systems, Inc. for the previous quarter, Wall Street now forecasts -118.75 % negative EPS growth.

Berkshire Partners Llc holds 12.11% of its portfolio in Advanced Drainage Systems, Inc. for 5.26 million shares. Ack Asset Management Llc owns 1.50 million shares or 8.03% of their US portfolio. Moreover, Stockbridge Partners Llc has 4.21% invested in the company for 3.76 million shares. The United Kingdom-based Impax Asset Management Ltd has invested 2.88% in the stock. Deprince Race & Zollo Inc, a Florida-based fund reported 1.78 million shares.

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

Ratings analysis reveals 33% of Advanced Drainage Systems’s analysts are positive. Out of 3 Wall Street analysts rating Advanced Drainage Systems, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $24 while the high is $29.0. The stock’s average target of $26.67 is 1.41% above today’s ($26.3) share price. WMS was included in 5 notes of analysts from November 29, 2017. The firm has “Buy” rating by Robert W. Baird given on Wednesday, December 13. The stock has “Buy” rating by Robert W. Baird on Thursday, February 8. Barclays Capital maintained it with “Equal-Weight” rating and $25 target in Monday, February 12 report.

Another recent and important Advanced Drainage Systems, Inc. (NYSE:WMS) news was published by Globenewswire.com which published an article titled: “New Research: Key Drivers of Growth for Cross Country Healthcare, Tribune Media, WP Carey, Advanced Drainage …” on April 24, 2018.

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

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