Ardagh Metal Packaging S.A. (NYSE: AMBP) is -50.28% lower on its value in year-to-date trading and has touched a low of $3.91 and a high of $9.94 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMBP stock was last observed hovering at around $4.40 in the last trading session, with the day’s gains setting it 0.09% off its average median price target of $5.60 for the next 12 months. It is also 55.1% off the consensus price target high of $10.00 offered by 9 analysts, but current levels are -19.73% lower than the price target low of $3.75 for the same period.
Currently trading at $4.49, the stock is 2.02% and -5.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 2.05% at the moment leaves the stock -30.54% off its SMA200. AMBP registered -52.74% loss for a year compared to 6-month loss of -19.96%.
The stock witnessed a -0.22% gain in the last 1 month and extending the period to 3 months gives it a -31.45%, and is 2.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.84% over the week and 4.72% over the month.
Ardagh Metal Packaging S.A. (AMBP) has around 5800 employees, a market worth around $2.66B and $4.70B in sales. Current P/E ratio is 11.51 and Fwd P/E is 12.40. Profit margin for the company is 5.00%. Distance from 52-week low is 14.83% and -54.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.00%).
Ardagh Metal Packaging S.A. (AMBP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Ardagh Metal Packaging S.A. (AMBP) is a “Overweight”. 9 analysts offering their recommendations for the stock have an average rating of 2.30, where 5 rate it as a Hold and 1 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Ardagh Metal Packaging S.A. is expected to release its quarterly report on 02/23/2023.The EPS is expected to shrink by -289.20% this year
Ardagh Metal Packaging S.A. (AMBP) Top Institutional Holders
The shares outstanding are 599.80M, and float is at 149.11M with Short Float at 2.16%.
Ardagh Metal Packaging S.A. (AMBP) Insider Activity
A total of 0 insider transactions have happened at Ardagh Metal Packaging S.A. (AMBP) in the last six months, with sales accounting for 0 and purchases happening 0 times.