Baird analyst Michael Halloran maintains $Advanced Drainage (WMS.US)$ with a buy rating, and adjusts the target price from $187 to $161.
According to TipRanks data, the analyst has a success rate of 62.5% and a total average return of 11.6% 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 reduced its guidance due to a multitude of pressures including non-residential sector challenges, weather-related impacts, and rising input costs, as shared with investors.
The firm has adjusted its stance on Advanced Drainage following their recent quarterly results. The modification is a reflection of the market's reaction to margin pressures that were anticipated, albeit to a lesser degree, and are primarily attributed to increased input costs rather than a decline in top-line pricing. The analyst perceives the current dip in share value as an opportunity to invest in a promising narrative, bolstered by the momentum of material conversion and numerous opportunities for sustained margin improvement.
Beyond adjustments to estimates and expectations for reduced non-residential demand, the focus is on the challenge of raising prices to counteract increased material costs. However, this is primarily a cyclical matter. Currently, pricing remains stable, and it is anticipated that pricing will bounce back alongside demand, with the company still maintaining commendable margin levels.
Note:
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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.
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贝雅分析师Michael Halloran维持$Advanced Drainage (WMS.US)$买入评级，并将目标价从187美元下调至161美元。
根据TipRanks数据显示，该分析师近一年总胜率为62.5%，总平均回报率为11.6%。
此外，综合报道，$Advanced Drainage (WMS.US)$近期主要分析师观点如下：
公司由于多种压力，包括非住宅板块的挑战、与天气相关的影响以及上升的成本，在与投资者分享的信息中，降低了其指引。
公司根据他们最近的季度业绩调整了对advanced drainage的立场。该修改反映了市场对预期的保持较低程度的利润压力的反应，主要归因于新增成本，并非是顶线定价下降。分析师认为当前股价的暂时下跌是一个投资有望的故事的机会，受益于材料转换的动力和多个持续增加利润的机会。
除了调整估算和对降低非住宅需求的期望之外，重点是应对增加的材料成本所带来的价格上涨挑战。然而，这主要是一个周期性问题。目前，定价保持稳定，预计价格将随着需求反弹而回升，公司仍然保持着令人满意的利润水平。
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
