Ardagh Metal Packaging S.A. (NYSE: AMBP) is -12.50% lower on its value in year-to-date trading and has touched a low of $2.57 and a high of $4.29 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 $3.41 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $3.36, the stock is -0.50% and -6.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.04 million and changing -1.47% at the moment leaves the stock -5.02% off its SMA200. AMBP registered -10.16% loss for a year compared to 6-month gain of 7.69%. The firm has a 50-day simple moving average (SMA 50) of $1.10 and a 200-day simple moving average (SMA200) of $10.45.
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The stock witnessed a -4.55% loss in the last 1 month and extending the period to 3 months gives it a -13.62%, and is -0.88% down 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 2.87% over the week and 3.30% over the month.
Ardagh Metal Packaging S.A. (AMBP) has around 6437 employees, a market worth around $2.01B and $4.81B in sales. Fwd P/E is 14.07. Profit margin for the company is -1.04%. Distance from 52-week low is 30.74% and -21.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.34%).
Ardagh Metal Packaging S.A. quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $1.15B over the same period.The EPS is expected to grow by 47.85% this year, but quarterly earnings will post 3.70% year-over-year. Quarterly sales are estimated to grow 1.50% in year-over-year returns.
Ardagh Metal Packaging S.A. (AMBP) Top Institutional Holders
219 institutions hold shares in Ardagh Metal Packaging S.A. (AMBP), with institutional investors hold 73.98% of the company’s shares. The shares outstanding are 597.00M, and float is at 137.79M with Short Float at 2.66%. Institutions hold 17.72% of the Float.
The top institutional shareholder in the company is Canyon Capital Advisors LLC with over 10.15 million shares valued at $34.12 million. The investor’s holdings represent 1.70% of the AMBP Shares outstanding. As of Dec 30, 2023, the second largest holder is Massachusetts Financial Services Co. with 6.26 million shares valued at $21.04 million to account for 1.05% of the shares outstanding. The other top investors are Private Management Group, Inc. which holds 5.63 million shares representing 0.94% and valued at over $18.93 million, while Platinum Equity, LLC holds 0.89% of the shares totaling 5.31 million with a market value of $17.85 million.
