Stephens analyst Trey Grooms downgrades $Advanced Drainage (WMS.US)$ to a hold rating, and adjusts the target price from $193 to $135.
According to TipRanks data, the analyst has a success rate of 59.3% and a total average return of 14.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Advanced Drainage (WMS.US)$'s main analysts recently are as follows:
The company has revised its guidance downward due to a combination of factors including non-residential sector challenges, weather-related issues, and rising input costs.
The surprise in Advanced Drainage's Q2 earnings miss and guidance reduction was notable, considering the quarter was expected to trend more consistently despite an unstable non-residential environment. Although sales were impacted by storm effects and unfavorable price/cost dynamics, the period was marked by robust infrastructure and residential sales.
The firm observed that shares dropped 14.3% following the company's failure to meet Q2 expectations and subsequent reduction in FY25 forecasts, which accounts for ongoing volatility in non-residential demand, project delays due to hurricanes, and persistent challenges with pricing and costs. In light of performance in the first half of the year and recent business trends, the company has adjusted its FY25 sales projections. Despite the disappointment stemming from the missed targets and lowered guidance, the analyst considers the prospects for the second half of the year to be relatively secure and suggests that the market's reaction may have been excessively severe, presenting a favorable buying opportunity for a unique water infrastructure asset.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
Stephens分析師Trey Grooms下調$Advanced Drainage (WMS.US)$至持有評級，並將目標價從193美元下調至135美元。
根據TipRanks數據顯示，該分析師近一年總勝率為59.3%，總平均回報率為14.2%。
此外，綜合報道，$Advanced Drainage (WMS.US)$近期主要分析師觀點如下：
由於非住宅板塊的挑戰、與天氣有關的問題以及上漲的投入成本等多種因素的綜合影響，該公司已將其指引下調。
鑑於預計本季度將更趨穩定，儘管非住宅環境不穩定，但advanced drainage的Q2盈利不及預期和指引下調的意外是顯著的。儘管銷售受到風暴影響和不利的價格/成本動態的影響，但這一時期以強勁的基礎設施和住宅銷售爲特點。
該公司注意到，在未能符合Q2預期和隨後降低FY25預測之後，股價下跌了14.3％，這反映了非住宅需求持續的波動、因颶風而導致的項目延遲以及定價和成本方面的持續挑戰。鑑於今年上半年的表現和最近的業務趨勢，公司已調整了其FY25銷售預測。儘管由於未達到目標和降低指引而引發的失望，分析師認爲本年度下半年的前景相對較爲安全，並建議市場反應可能過於嚴厲，爲獨特的水務基礎設施資產提供了有利的買入機會。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
