Ardagh Metal Packaging S.A. (NYSE: AMBP) has experienced a rise in its stock price by 1.77 compared to its previous closing price of 3.96. However, the company has seen a gain of 1.77% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-29 that Ardagh Metal Packaging reported a strong start to the year with 11% revenue growth in the Americas. The company’s operating profit was $14M, resulting in a net loss of $12M. AMBP expects an increase in EBITDA of over 25% for the current quarter and confirms full-year EBITDA at $630-660M.
Is It Worth Investing in Ardagh Metal Packaging S.A. (NYSE: AMBP) Right Now?
The 36-month beta value for AMBP is at 0.64. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AMBP is 137.82M, and currently, shorts hold a 2.69% of that float. The average trading volume for AMBP on May 09, 2024 was 1.34M shares.
AMBP’s Market Performance
AMBP’s stock has seen a 1.77% increase for the week, with a 15.47% rise in the past month and a 11.02% gain in the past quarter. The volatility ratio for the week is 2.34%, and the volatility levels for the past 30 days are at 3.79% for Ardagh Metal Packaging S.A. The simple moving average for the past 20 days is 8.51% for AMBP’s stock, with a 14.23% simple moving average for the past 200 days.
Analysts’ Opinion of AMBP
Many brokerage firms have already submitted their reports for AMBP stocks, with BofA Securities repeating the rating for AMBP by listing it as a “Underperform.” The predicted price for AMBP in the upcoming period, according to BofA Securities is $3.50 based on the research report published on April 01, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see AMBP reach a price target of $3.20. The rating they have provided for AMBP stocks is “Underweight” according to the report published on March 18th, 2024.
UBS gave a rating of “Buy” to AMBP, setting the target price at $5 in the report published on January 16th of the current year.
AMBP Trading at 14.29% from the 50-Day Moving Average
After a stumble in the market that brought AMBP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.36% of loss for the given period.
Volatility was left at 3.79%, however, over the last 30 days, the volatility rate increased by 2.34%, as shares surge +16.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.94% upper at present.
During the last 5 trading sessions, AMBP rose by +1.77%, which changed the moving average for the period of 200-days by +7.18% in comparison to the 20-day moving average, which settled at $3.74. In addition, Ardagh Metal Packaging S.A. saw 4.95% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AMBP
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.1 for the gross margin
The net margin for Ardagh Metal Packaging S.A. stands at -0.01. The total capital return value is set at 0.03. Equity return is now at value -31.04, with -1.11 for asset returns.
Based on Ardagh Metal Packaging S.A. (AMBP), the company’s capital structure generated 0.99 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 169.87. The interest coverage ratio of the stock is 0.8.
Currently, EBITDA for the company is 600.0 million with net debt to EBITDA at 7.72. When we switch over and look at the enterprise to sales, we see a ratio of 1.28. The receivables turnover for the company is 7.15for trailing twelve months and the total asset turnover is 0.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.95.
Conclusion
In conclusion, Ardagh Metal Packaging S.A. (AMBP) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
