Ardagh Group (ARD) Stock Forecast, Price & News

Ardagh Group S.A. (NYSE:ARD) released its quarterly earnings results on Tuesday, August, 3rd. The company reported $0.45 earnings per share for the quarter, meeting the consensus estimate of $0.45. The business earned $1.87 billion during the quarter. Ardagh Group had a negative trailing twelve-month return on equity of 120.19% and a negative net margin of 0.08%.

Ardagh Group (NYSE:ARD) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.42%. The dividend payout ratio is 41.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARD will have a dividend payout ratio of 32.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARD.

15 employees have rated Ardagh Group Chief Executive Officer Paul Coulson on Glassdoor.com. Paul Coulson has an approval rating of 44% among the company's employees. This puts Paul Coulson in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ardagh Group investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Transocean (RIG), Aegean Marine Petroleum Network (ANW), Express (EXPR) and Apollo Commercial Real Estate Finance (ARI).

(ARD) raised $300 million in an initial public offering on Wednesday, March 15th 2017. The company issued 16,200,000 shares at a price of $17.00-$20.00 per share. Citigroup, Deutsche Bank Securities, Goldman, Sachs, Barclays, Credit Suisse and J.P. Morgan acted as the underwriters for the IPO and Davy and Wells Fargo Securities were co-managers.

Ardagh Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARD."

One share of ARD stock can currently be purchased for approximately $24.75.

Ardagh Group (NYSE:ARD) has a market capitalization of $461.84 million and generates $6.73 billion in revenue each year. The company earns $35 million in net income (profit) each year or $1.44 on an earnings per share basis.

The company employs 16,400 workers across the globe.

Ardagh Group's mailing address is 56 RUE CHARLES MARTEL, LUXEMBOURG N4, L-2134. The official website for the company is www.ardaghgroup.com. The company can be reached via phone at (522) 625-8555.