Ardagh Metal Packaging (AMBP) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ardagh Metal Packaging in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AMBP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMBP, but not buy additional shares or sell existing shares.
View AMBP analyst ratings or view top-rated stocks.

9 equities research analysts have issued 1-year price objectives for Ardagh Metal Packaging's stock. Their AMBP share price forecasts range from $4.00 to $8.00. On average, they anticipate the company's stock price to reach $5.33 in the next year. This suggests a possible upside of 70.7% from the stock's current price.
View analysts price targets for AMBP or view top-rated stocks among Wall Street analysts.

Ardagh Metal Packaging's stock was trading at $4.81 at the beginning of the year. Since then, AMBP shares have decreased by 35.1% and is now trading at $3.12.
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Ardagh Metal Packaging saw a decline in short interest in August. As of August 31st, there was short interest totaling 4,980,000 shares, a decline of 7.9% from the August 15th total of 5,410,000 shares. Based on an average daily trading volume, of 1,100,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 3.6% of the shares of the stock are short sold.
View Ardagh Metal Packaging's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our AMBP earnings forecast.

Ardagh Metal Packaging S.A. (NYSE:AMBP) issued its quarterly earnings results on Thursday, July, 27th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.02. The business earned $1.26 billion during the quarter, compared to analysts' expectations of $1.32 billion. Ardagh Metal Packaging had a net margin of 1.49% and a trailing twelve-month return on equity of 29.71%. Ardagh Metal Packaging's quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.11 EPS.

Ardagh Metal Packaging announced a quarterly dividend on Thursday, July 27th. Investors of record on Thursday, September 14th will be given a dividend of $0.10 per share on Thursday, September 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 12.82%. The ex-dividend date is Wednesday, September 13th.
Read our dividend analysis for AMBP.

ETFs with the largest weight of Ardagh Metal Packaging (NYSE:AMBP) stock in their portfolio include Gabelli Automation ETF (GAST) and iShares MSCI Ireland ETF (EIRL).Gabelli Love Our Planet & People ETF (LOPP).

Ardagh Metal Packaging (NYSE:AMBP) pays an annual dividend of $0.40 per share and currently has a dividend yield of 12.82%. AMBP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 500.06%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AMBP will have a dividend payout ratio of 160.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AMBP.

Ardagh Metal Packaging trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMBP."

Ardagh Metal Packaging's stock is owned by a number of institutional and retail investors. Top institutional investors include Loews Corp (0.72%), BlackRock Inc. (0.67%), Goldman Sachs Group Inc. (0.27%), Gilman Hill Asset Management LLC (0.26%), State Street Corp (0.24%) and Renaissance Technologies LLC (0.24%).

Shares of AMBP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AMBP stock can currently be purchased for approximately $3.12.

Ardagh Metal Packaging (NYSE:AMBP) has a market capitalization of $1.86 billion and generates $4.69 billion in revenue each year. The company earns $237 million in net income (profit) each year or $0.08 on an earnings per share basis.

The company employs 6,300 workers across the globe.

Ardagh Metal Packaging's mailing address is 9800 WILSHIRE BLVD., BEVERLY HILLS CA, 90212. The official website for the company is www.gores.com. The company can be reached via phone at 352-2625-8555 or via email at jchou@gores.com.