Advanced Drainage Systems stock hits 52-week high at $153.53

Advanced Drainage Systems Inc. (WMS) stock reached a 52-week high on the trading floor, hitting $153.53. This milestone comes as the company experiences a notable 1-year change of 14.43%, reflecting a period of growth and investor confidence. The achievement of this 52-week high underscores the positive momentum Advanced Drainage Systems has garnered in the market, driven by robust performance and strategic initiatives. With a market capitalization of $11.88 billion and a P/E ratio of 25.92, WMS maintains a "GOOD" overall financial health score. The company’s stock performance over the past year suggests a continued upward trajectory, capturing the attention of market analysts and investors alike. InvestingPro identifies several strengths, including liquid assets exceeding short-term obligations and a strong 5-year return record. Discover 10+ additional ProTips and comprehensive analysis in the Pro Research Report, available for this and 1,400+ US equities.

In other recent news, Advanced Drainage Systems reported its fiscal second-quarter 2026 earnings, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $1.97, which was higher than the forecasted $1.64, representing a 20.12% surprise. Revenue also exceeded projections, reaching $850 million compared to the expected $802.54 million. Additionally, Advanced Drainage Systems demonstrated a 17% year-over-year adjusted EBITDA growth, with broad-based improvements across all segments. Following these strong results, RBC Capital raised its price target for the company to $168 while maintaining an Outperform rating. Similarly, KeyBanc increased its price target to $170, up from $159, retaining an Overweight rating. Both firms highlighted that the earnings report addressed market concerns regarding challenging end markets and pricing issues. These developments reflect the company’s continued positive performance and strategic management.

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