The closing price of Ambac Financial Group Inc. (NYSE: AMBC) was $15.06 for the day, up 0.60% from the previous closing price of $14.97. In other words, the price has increased by $+0.09 from its previous closing price. On the day, 529766 shares were traded. AMBC stock price reached its highest trading level at $15.34 during the session, while it also had its lowest trading level at $14.64.
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Ratios:
Our analysis of AMBC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.51. In the meantime, Its Debt-to-Equity ratio is 2.99 whereas as Long-Term Debt/Eq ratio is at 2.99.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Compass Point on November 28, 2022, initiated with a Neutral rating and assigned the stock a target price of $18.
MKM Partners Downgraded its Neutral to Sell on December 19, 2016, whereas the target price for the stock was revised from $27 to $10.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 20 when Smith R Sharon bought 1,000 shares for $10.05 per share. The transaction valued at 10,050 led to the insider holds 56,183 shares of the business.
PRIEUR C JAMES bought 10,000 shares of AMBC for $84,306 on May 13. The Director now owns 55,000 shares after completing the transaction at $8.43 per share. On May 13, another insider, PRIEUR C JAMES, who serves as the Director of the company, bought 5,004 shares for $8.45 each. As a result, the insider paid 42,284 and bolstered with 65,000 shares of the company.
Valuation Measures:
As of this moment, Ambac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.43 while its Price-to-Book (P/B) ratio in mrq is 0.55.
Stock Price History:
Over the past 52 weeks, AMBC has reached a high of $17.75, while it has fallen to a 52-week low of $7.24. The 50-Day Moving Average of the stock is 16.49, while the 200-Day Moving Average is calculated to be 14.33.
Shares Statistics:
AMBC traded an average of 457.67K shares per day over the past three months and 657.51k shares per day over the past ten days. A total of 45.34M shares are outstanding, with a floating share count of 44.12M. Insiders hold about 2.30% of the company’s shares, while institutions hold 72.30% stake in the company. Shares short for AMBC as of Jan 30, 2023 were 2.82M with a Short Ratio of 2.92M, compared to 2.39M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 6.27% and a Short% of Float of 8.58%.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of $0.88 for the current quarter, with a high estimate of $1.08 and a low estimate of $0.65, while EPS last year was -$0.16. The consensus estimate for the next quarter is -$0.41, with high estimates of -$0.36 and low estimates of -$0.46.
Analysts are recommending an EPS of between $9 and $8.53 for the fiscal current year, implying an average EPS of $8.71. EPS for the following year is -$1.4, with 2 analysts recommending between -$1.2 and -$1.6.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $130.4M to a low estimate of $130.4M. As of the current estimate, Ambac Financial Group Inc.’s year-ago sales were $53M, an estimated increase of 146.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $107.82M, a decrease of -9.40% less than the figure of $146.00% in the same quarter last year. There is a high estimate of $107.82M for the next quarter, whereas the lowest estimate is $107.82M.
A total of 1 analysts have provided revenue estimates for AMBC’s current fiscal year. The highest revenue estimate was $417M, while the lowest revenue estimate was $417M, resulting in an average revenue estimate of $417M. In the same quarter a year ago, actual revenue was $282M, up 47.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $308.62M in the next fiscal year. The high estimate is $308.62M and the low estimate is $308.62M. The average revenue growth estimate for next year is down -26.00% from the average revenue estimate for this year.
