Advanced Drainage (WMS) Gets Overweight Rating for Its Sustainable Infrastructure Strategy

Advanced Drainage Systems Inc. (NYSE:WMS) is one of the 10 best sustainability stocks to buy now.

Advanced Drainage Systems stands at the intersection of infrastructure development and environmental stewardship. In FY 2024, the company purchased around 540 million pounds of recycled plastic, transforming waste into durable infrastructure products. The company aims to use one billion pounds of recycled materials each year by 2032, reflecting bold sustainability goals. This industry-leading program keeps millions of used bottles out of the landfill and puts them to work again for more than a hundred years as part of our infrastructure.

Advanced Drainage products help manage stormwater, protect water quality, and reduce flood risks, problems increasingly exacerbated by climate change. Its stormwater systems are widely used in sustainable construction and green infrastructure projects.

Advanced Drainage (WMS) Gets Overweight Rating for Its Sustainable Infrastructure Strategy

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On June 25, Barclays analyst Matthew Bouley reaffirmed his confidence in the stock with an Overweight rating and an unchanged price target of $135. The analyst had previously increased WMS’ price target in mid-May, when the company, along with its quarterly results, acknowledged near-term market softness but viewed management’s cautious guidance as prudent.

Bouley viewed management’s conservative guidance as a sensible move, noting that while pricing may remain steady, volumes are likely to outpace those of the broader industry. Despite a subdued forecast for fiscal 2026, he sees the company in a strong position, underpinned by solid operating fundamentals.

Advanced Drainage Systems Inc. (NYSE:WMS) is the leading manufacturer of innovative water management solutions in the stormwater and onsite septic wastewater industries. It designs, manufactures, and markets various products, including polypropylene and polyethylene pipes, plastic leach field chambers and systems, and septic tanks.

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