What Technical Indicators Are Flashing About Advanced Drainage Systems, Inc. (WMS) And Plexus Corp. (PLXS)?

1 analysts out of 5 Wall Street brokerage firms rate Advanced Drainage Systems, Inc. (NYSE:WMS) as a Buy, while 0 see it as a Sell. The rest 4 describe it as a Hold. WMS stock traded higher to an intra-day high of $27.62. At one point in session, its potential discontinued and the price was down to lows at $26.91. Analysts have set WMS’s consensus price at $29.25, effectively giving it a 8.21% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $33 (up 22.09% from current price levels). WMS has a 39.2% ROE, higher than the 7.87% average for the industry. The average ROE for the sector is 12.65%.

It is expected that in Mar 2019 quarter WMS will have an EPS of $-0.02, suggesting a 81.82% growth. For Jun 2019 is projected at $0.57. It means that there could be a 11.76% growth in the quarter. Yearly earnings are expected to rise by 44.44% to about $1.17. As for the coming year, growth will be about 11.11%, lifting earnings to $1.3. RSI after the last trading period was 44.73. WMS recorded a change of -4.79% over the past week and returned 11.01% over the last three months while the WMS stock’s monthly performance revealed a shift in price of -1.85%. The year to date (YTD) performance stands at 11.46%, and the bi-yearly performance specified an activity trend of -6.57% while the shares have moved 2.97% for the past 12 months.

Advanced Drainage Systems, Inc. (WMS) currently trades at $27.03, which is lower by -2.84% its previous price. It has a total of 57.01 million outstanding shares, with an ATR of around 0.55. The company’s stock volume dropped to 0.35 million, worse than 239.06 thousands that represents its 50-day average. A 5-day decrease of about -4.79% in its price means WMS is now 11.46% higher on year-to-date. The shares have surrendered $43432.97 since its $33.50 52-week high price recorded on 30th of August 2018. Overall, it has seen a growth rate of 2.97 over the last 12 months. The current price per share is $3.99 above the 52 week low of $23.04 set on 26th of December 2018.

Advanced Drainage Systems, Inc. (NYSE:WMS)’s EPS was $0.25 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.28. That means that its growth in general now stands at -11%. Therefore, a prediction of $0.31 given by the analysts brought a negative surprise of -19%. WMS December quarter revenue was $318.11 million, compared to $320.83 million recorded in same quarter last year, giving it a -1% growth rate. The company’s $-2.72 million revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Plexus Corp. (NASDAQ:PLXS) shares depreciated -3.86% over the last trading period, taking overall 5-day performance up to -7.71%. PLXS’s price now at $56.29 is weaker than the 50-day average of $61.53. Getting the trading period increased to 200 days, the stock price was seen at $58.68 on average. The general public currently hold control of a total of 29.5 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 30.23 million. The company’s management holds a total of 2.2%, while institutional investors hold about 99.7% of the remaining shares. PLXS share price finished last trade -7.91% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -4.09%, while closing the session with -8.69% distance from 50 day simple moving average.

Plexus Corp. (PLXS) shares were last observed trading -15.96% down since April 17, 2019 when the peak of $66.98 was hit. Last month’s price growth of -13.82% puts PLXS performance for the year now at 10.2%. Consequently, the shares price is trending higher by 18.18%, a 52-week worst price since Dec. 26, 2018. However, it is losing value with -6.62% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $55.07 and $55.68. The immediate resistance area is now $57.23 Williams’s %R (14) for PLXS moved to 94.97 while the stochastic %K points at 20.06.

PLXS’s beta is 0.75; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $6.08 per share from its yearly profit to its outstanding shares. Its last reported revenue is $789.05 million, which was 13% versus $698.65 million in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $0.79 compared to $0.74 in the year-ago quarter and had represented 7% year-over-year earnings per share growth. PLXS’s ROA is 7.5%, lower than the 21.32% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 12.87%.

Estimated quarterly earnings for Plexus Corp. (NASDAQ:PLXS) are around $0.81 per share in three months through June with $0.94 also the estimate for September quarter of the fiscal year. It means the growth is estimated at 2.53% and -2.08%, respectively. Analysts estimate full-year growth to be 7.12%, the target being $3.46 a share. The upcoming year will see an increase in growth by percentage to 17.34%, more likely to see it hit the $4.06 per share. The firm’s current profit margin over the past 12 months is 4.8%. PLXS ranks lower in comparison to an average of 26.2% for industry peers; while the average for the sector is 17.01%.