Advanced Drainage Systems Gets Price Target Bumps By Analysts After Upbeat Q4 Results
Portfolio Pulse from Lisa Levin
Advanced Drainage Systems (NYSE:WMS) reported better-than-expected Q4 EPS and sales results, leading to multiple analysts raising their price targets. The company also announced an increase in its annual dividend.

May 19, 2023 | 12:13 pm
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Advanced Drainage Systems (WMS) reported strong Q4 results, leading to multiple analysts raising their price targets and the company increasing its annual dividend.
Advanced Drainage Systems reported better-than-expected Q4 results, with sales and EPS beating consensus estimates. This positive news led to multiple analysts raising their price targets and the company increasing its annual dividend, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100