Janney Montgomery Scott LLC invests in Advanced Drainage Systems,

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Advanced Drainage Systems ($NYSE:WMS), Inc. (NYSE:WMS) is a leading manufacturer of water management solutions for the transportation, infrastructure, residential and commercial construction markets. The company operates through three segments: Drainage Solutions, Water Management Solutions and Foundation Solutions.

Price History

Janney Montgomery Scott LLC has announced that it is investing in Advanced Drainage Systems, Inc. This news has been met with mostly positive coverage, with many people praising the company for its innovative products and strong financials. On Friday, ADVANCED DRAINAGE SYSTEMS stock opened at $87.2 and closed at $90.7, a 6.5% increase from its prior closing price of $85.2.

VI Analysis

Such companies are typically of interest to investors who are looking for long-term growth potential. ADVANCED DRAINAGE SYSTEMS has a high health score of 8/10 with regard to its cashflows and debt, meaning it is capable of safely riding out any crisis without the risk of bankruptcy. The company is strong in growth and profitability, and medium in asset size. However, it is weak in terms of dividend yield.

VI Peers

The company’s products are used in a variety of applications, including residential, commercial, and industrial. Advanced Drainage Systems Inc’s main competitors are JELD-WEN Holding Inc, Murray And Roberts Holdings Ltd, Deceuninck NV.

– JELD-WEN Holding Inc ($NYSE:JELD)

JELD-WEN Holding Inc is a company that manufactures and sells doors and windows. The company has a market cap of 715.36M as of 2022 and a Return on Equity of 18.13%. JELD-WEN has a strong focus on shareholder value and has a history of paying dividends. The company is headquartered in Charlotte, North Carolina.

– Murray And Roberts Holdings Ltd ($OTCPK:MURSF)

Murray & Roberts Holdings Ltd is a South African company that operates in the engineering and construction industry. The company has a market cap of 92.75M as of 2022 and a Return on Equity of 8.08%. Murray & Roberts is involved in a variety of engineering and construction projects, both in South Africa and internationally. The company has a long history dating back to 1902, and has been a major player in the South African construction industry for many years.

– Deceuninck NV ($LTS:0MEL)

Deceuninck NV is a Belgian company that manufactures and sells PVC-based products. The company has a market capitalization of 278.92 million as of 2022 and a return on equity of 9.83%. Deceuninck NV manufactures and sells a wide range of PVC-based products, including windows, doors, and Conservatory products. The company also offers a variety of services, such as installation and maintenance.

Summary

Investing in Advanced Drainage Systems, Inc. can be a smart move for many reasons. The company is a leading manufacturer of drainage products, which are used in a variety of applications, including residential, commercial, and industrial settings. Its products are known for their quality and durability, and the company has a strong track record of delivering innovative solutions to its customers. In addition, Advanced Drainage Systems is a well-established business with a strong financial position, which provides investors with peace of mind.