As of close of business last night, AMBAC Financial Group Inc.’s stock clocked out at $16.19, down -1.04% from its previous closing price of $16.36. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 481924 shares were traded.
Ratios:
To gain a deeper understanding of AMBC’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.57 whereas as Long-Term Debt/Eq ratio is at 2.18.
On November 28, 2022, Compass Point started tracking the stock assigning a Neutral rating and target price of $18.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 01 when LeBlanc Claude bought 2,500 shares for $13.29 per share. The transaction valued at 33,225 led to the insider holds 502,416 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMBC now has a Market Capitalization of 731.71M and an Enterprise Value of 3.90B. As of this moment, AMBAC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 101.00, and their Forward P/E ratio for the next fiscal year is 46.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.75 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 10.06.
Stock Price History:
Over the past 52 weeks, AMBC has reached a high of $17.80, while it has fallen to a 52-week low of $11.26. The 50-Day Moving Average of the stock is 16.10, while the 200-Day Moving Average is calculated to be 14.24.
Shares Statistics:
It appears that AMBC traded 405.82K shares on average per day over the past three months and 496.24k shares per day over the past ten days. A total of 45.20M shares are outstanding, with a floating share count of 44.07M. Insiders hold about 2.49% of the company’s shares, while institutions hold 85.40% stake in the company. Shares short for AMBC as of Feb 15, 2024 were 1.66M with a Short Ratio of 4.08, compared to 1.57M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.67% and a Short% of Float of 5.11%.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.2 for the current quarter, with a high estimate of $0.27 and a low estimate of $0.14, while EPS last year was -$0.3. The consensus estimate for the next quarter is $0.15, with high estimates of $0.15 and low estimates of $0.15.
Analysts are recommending an EPS of between $0.76 and -$0.15 for the fiscal current year, implying an average EPS of $0.4. EPS for the following year is $0.35, with 2 analysts recommending between $0.6 and $0.1.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $76.97M. It ranges from a high estimate of $76.97M to a low estimate of $76.97M. As of the current estimate, AMBAC Financial Group Inc.’s year-ago sales were $58M, an estimated increase of 32.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $67.18M, an increase of 8.40% less than the figure of $32.70% in the same quarter last year. There is a high estimate of $67.18M for the next quarter, whereas the lowest estimate is $67.18M.
A total of 1 analysts have provided revenue estimates for AMBC’s current fiscal year. The highest revenue estimate was $296M, while the lowest revenue estimate was $296M, resulting in an average revenue estimate of $296M. In the same quarter a year ago, actual revenue was $269M, up 10.00% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $141.3M in the next fiscal year. The high estimate is $141.3M and the low estimate is $141.3M. The average revenue growth estimate for next year is down -52.30% from the average revenue estimate for this year.
