Added to YB: 2025-03-19
Pitch date: 2025-01-29
WMS [bearish]
Advanced Drainage Systems, Inc.
-21.17%
current return
Author Info
No bio for this author
Company Info
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in the United States, Canada, and internationally.
Market Cap
$11.6B
Pitch Price
$123.52
Price Target
96.00 (-36%)
Dividend
0.48%
EV/EBITDA
13.64
P/E
25.53
EV/Sales
4.11
Sector
Building Products
Category
value
Advanced Drainage Systems, Inc. - $WMS
WMS: Dominant stormwater pipe producer facing slowing share gains vs RCP (60% now). New competition (Lane, Prinsco) expanding nationally. Poor service losing distribution share. Allied products share following pipe lower. DOT plastic adoption slowing. Risks: market volume growth, acquisitions. 20% EPS cut to $4.80 at 40% GM. PT $96, 23% downside.
Read full article (4 min)