Advanced Drainage SystemsNYSE: WMS

Advanced Drainage (WMS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Advanced Drainage Systems (WMS) had a strong showing in its fiscal fourth quarter, with impressive performance across its segments.

ADS (WMS) boosts its quarterly dividend by 14% to 16 cents per share, supported by its robust financial standing.

Advanced Drainage Systems, Inc. (NYSE: WMS) will be holding its Q4 2024 Earnings Conference Call on May 16, 2024 at 10:00 AM ET. The call will feature Company Participants including Allison Justice, Scott Barbour, and Scott Cottrill. Conference Call Participants will include Mike Halloran, Matthew Bouley, Garik Shmois, Bryan Blair, John Lovallo, David Tarantino, and Noah Merkousko. The operator for the call is named Danica.

Advanced Drainage Systems' (WMS) fourth-quarter fiscal 2024 performance is expected to be boosted by strong contributions from Domestic allied products and infiltrator business, offset by weaker sales in the Domestic pipe and International segments.

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a top producer of stormwater and onsite septic wastewater management products and solutions for various applications, will unveil its unaudited financial results for the fiscal fourth quarter and year ending March 31, 2024, before the market opens on May 16, 2024. President and CEO, Scott Barbo, made the announcement.

Does Advanced Drainage Systems (WMS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Advanced Drainage (WMS) emphasizes investments in partnerships, material science, product innovation and manufacturing technology to strengthen its position.

Advanced Drainage (WMS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.