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Advanced Drainage Systems: Downturn May Just Be Beginning ... - Seeking Alpha

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Economic tailwinds propelled Advanced Drainage Systems (NYSE:WMS) in 2021 and 2022. But cracks have started emerging in its growth in Q3 2022. The path ahead looks tough, and the dividend yield needs to be higher to protect the stock from further losses. The discounted cash flow model shows that the stock may be overvalued. The stock is trading close to its 52-week lows, but investors should consider buying below $80, ideally closer to $75.

seekingalpha.com     Mar 14, 2023