$WMS

D.A. Davidson reiterated a Buy rating and $190 price target for Advanced Drainage Systems (WMS) after its $450M acquisition of StormTrap. WMS stock is near its 52-week low at $130.66. The firm views the deal as a fair bolt-on acquisition, initially margin-dilutive but expected to align with legacy margins over time. WMS reported Q1 FY2027 earnings of $2.49 per share, beating estimates, with revenue exceeding $1B for the first time.

ADVANCED DRAINAGE SYSTEMS, INC. (WMS) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 ADVANCED DRAINAGE SYSTEMS ANNOUNCES ACQUISITION OF STORMTRAP INVESTMENTS LLC FROM PSP CAPITAL • Expands Addressable Market with Complementary Offerings in Stormwater Storage Solutions • Enhances Go-to-Market Capabilities with Spec-Driven Commercial Model • Provides I

Advanced Drainage Systems (WMS) agreed to acquire StormTrap for about $530M, expecting EPS accretion in the first year. The deal, subject to approvals, is set to close in Q4 2026. ADS aims to expand its stormwater storage business, aligning with regulatory trends.

UBS identified 10 industrial companies poised for growth, including Lockheed Martin (LMT), United Airlines (UAL), and United Rentals (URI), with price targets ranging from $80 to $1,350. The firm expects a capital-spending cycle to benefit these sectors, citing improved inventory trends and cash flow. Advanced Drainage Systems (WMS) has the highest upside potential at 62%.

Simply Wall St reports Advanced Drainage Systems (WMS) beat quarterly expectations, reaffirmed fiscal 2027 net sales guidance, and raised its quarterly dividend while continuing share repurchases. The article cites a fair value of $181.20 versus a $150.91 close, and notes a P/E of 24.9x versus 22.9x for the US Building industry.

Advanced Drainage Systems (WMS) reported Q1 FY2027 net sales of $1.0B, up 20.6% year over year, and adjusted EBITDA of $358.3M, up 28.8%, with margin at 35.8%. Management reiterated FY2027 guidance of $3.35B to $3.55B revenue and $1.0B to $1.05B EBITDA, citing price/cost actions and pull-ahead demand.

Advanced Drainage (WMS) reported Q2 revenue of $1.00B vs $981.5M estimates and adjusted EPS of $2.49 vs $2.12, with adjusted EBITDA $358.3M vs $313.3M. Management reconfirmed FY revenue guidance of $3.45B midpoint and EBITDA guidance of $1.03B. Analysts asked about margin pressure from resin and freight costs, NDS integration, and recycled-content targets.

Advanced Drainage Systems (NYSE:WMS) reported Q1 growth in stormwater storage, with the stormwater storage category up 18% and residential sales up 29% (primarily NDS). Management said NDS contributed $95 million in quarterly sales. The company maintained FY2027 outlook: net sales $3.35B to $3.55B and adjusted EBITDA $1.0B to $1.05B, with Q2 margin expected to decline.

Advanced Drainage Systems (WMS) shares fell about 3% after Q1 results. The company reported quarterly revenue of about $1.0b, adjusted EBITDA margin of 35.8%, free cash flow of $203m, and net leverage around 1.5x. Q1 revenue rose 20.7% and EPS rose 22.8% year over year, but resin and freight headwinds and flat residential demand were cited.

According to CIRO, trading resumes for Western Metallica Resources Corp. (TSX-Venture: WMS) for all issues. The resumption time is 8:00 AM ET on Aug. 10, 2026. CIRO notes it can impose temporary trading suspensions to maintain fair and orderly markets.