Market Momentum Report: Ardagh Metal Packaging S.A. (AMBP)’s Positive Close at 3.73

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The price of Ardagh Metal Packaging S.A. (NYSE: AMBP) closed at $3.73 in the last session, up 0.54% from day before closing price of $3.71. In other words, the price has increased by $0.54 from its previous closing price. On the day, 1.07 million shares were traded. AMBP stock price reached its highest trading level at $3.74 during the session, while it also had its lowest trading level at $3.64.

Ratios:

We take a closer look at AMBP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 37.34 whereas as Long-Term Debt/Eq ratio is at 36.40.

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 the company, BofA Securities on April 01, 2024, Downgraded its rating to Underperform and sets its target price to $3.50 from $4.10 previously.

On March 18, 2024, Morgan Stanley started tracking the stock assigning a Underweight rating and target price of $3.20.

On January 16, 2024, UBS started tracking the stock assigning a Buy rating and target price of $5.UBS initiated its Buy rating on January 16, 2024, with a $5 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMBP now has a Market Capitalization of 2229238272 and an Enterprise Value of 5532810240. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 22.27. Its current Enterprise Value per Revenue stands at 1.15 whereas that against EBITDA is 9.41.

Stock Price History:

Over the past 52 weeks, AMBP has reached a high of $4.29, while it has fallen to a 52-week low of $2.57. The 50-Day Moving Average of the stock is 7.24%, while the 200-Day Moving Average is calculated to be 6.14%.

Shares Statistics:

According to the various share statistics, AMBP traded on average about 1.26M shares per day over the past 3-months and 1716170 shares per day over the past 10 days. A total of 597.00M shares are outstanding, with a floating share count of 137.82M. Insiders hold about 76.94% of the company’s shares, while institutions hold 16.56% stake in the company. Shares short for AMBP as of 1711584000 were 3745920 with a Short Ratio of 2.96, compared to 1709164800 on 3667257. Therefore, it implies a Short% of Shares Outstanding of 3745920 and a Short% of Float of 2.6099999.

Dividends & Splits

The forward annual dividend rate for AMBP is 0.40, which was 0.4 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.10781671

Earnings Estimates

The current rating of Ardagh Metal Packaging S.A. (AMBP) is the result of assessments by 7.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $0.0 for the current quarter, with a high estimate of $0.02 and a low estimate of -$0.02, while EPS last year was $0.01. The consensus estimate for the next quarter is $0.04, with high estimates of $0.06 and low estimates of $0.02.

Analysts are recommending an EPS of between $0.23 and $0.03 for the fiscal current year, implying an average EPS of $0.15. EPS for the following year is $0.21, with 7.0 analysts recommending between $0.28 and $0.1.

Revenue Estimates

According to 5 analysts, the current quarter’s revenue is expected to be $1.15B. It ranges from a high estimate of $1.19B to a low estimate of $1.12B. As of the current estimate, Ardagh Metal Packaging S.A.’s year-ago sales were $1.13BFor the next quarter, 5 analysts are estimating revenue of $1.29B. There is a high estimate of $1.3B for the next quarter, whereas the lowest estimate is $1.26B.

A total of 7 analysts have provided revenue estimates for AMBP’s current fiscal year. The highest revenue estimate was $5.08B, while the lowest revenue estimate was $4.94B, resulting in an average revenue estimate of $4.99B. In the same quarter a year ago, actual revenue was $4.81BBased on 7 analysts’ estimates, the company’s revenue will be $5.13B in the next fiscal year. The high estimate is $5.23B and the low estimate is $5.04B.

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