Ardagh Metal Packaging S.A. (NYSE:AMBP) Stock Rated “Hold” by Wall Street Analysts

Ardagh Metal Packaging S.A. (NYSE:AMBP) has been assigned an average rating of “Hold” from the six brokerages that are covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $4.83.

A number of research analysts have issued reports on AMBP shares. Wall Street Zen cut Ardagh Metal Packaging from a “buy” rating to a “hold” rating in a research note on Saturday. Citigroup reissued a “buy” rating on shares of Ardagh Metal Packaging in a research note on Friday, July 24th. Wells Fargo & Company raised their price target on Ardagh Metal Packaging from $4.00 to $5.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. Weiss Ratings upgraded Ardagh Metal Packaging from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Ardagh Metal Packaging in a research report on Thursday, August 20th. They issued a “hold” rating and a $5.20 price target for the company.

Institutional Trading of Ardagh Metal Packaging

Institutional investors and hedge funds have recently bought and sold shares of the company. Optiver Holding B.V. raised its holdings in Ardagh Metal Packaging by 540.2% in the first quarter. Optiver Holding B.V. now owns 7,145 shares of the company’s stock worth $29,000 after buying an additional 6,029 shares during the last quarter. Abel Hall LLC purchased a new stake in shares of Ardagh Metal Packaging during the first quarter valued at approximately $42,000. Corient Private Wealth LP purchased a new stake in shares of Ardagh Metal Packaging during the second quarter valued at approximately $50,000. Nations Financial Group Inc. IA ADV purchased a new stake in shares of Ardagh Metal Packaging during the first quarter valued at approximately $44,000. Finally, Venture Visionary Partners LLC bought a new stake in shares of Ardagh Metal Packaging during the third quarter valued at approximately $55,000. 16.93% of the stock is currently owned by institutional investors.

Ardagh Metal Packaging Stock Performance

AMBP stock opened at $4.67 on Tuesday. The firm has a 50 day moving average price of $4.80 and a 200-day moving average price of $4.48. Ardagh Metal Packaging has a 52-week low of $3.29 and a 52-week high of $5.47. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of 77.76, a PEG ratio of 0.84 and a beta of 0.50.

Ardagh Metal Packaging (NYSE:AMBP) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. The firm had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Ardagh Metal Packaging had a negative return on equity of 27.93% and a net margin of 0.68%. The business’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.08 EPS. As a group, sell-side analysts forecast that Ardagh Metal Packaging will post 0.27 earnings per share for the current fiscal year.

Ardagh Metal Packaging Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 10th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend was Thursday, September 10th. Ardagh Metal Packaging’s dividend payout ratio is 666.67%.

Ardagh Metal Packaging News Summary

Here are the key news stories impacting Ardagh Metal Packaging this week:

• Positive Sentiment: Sale process can proceed: Ardagh’s parent said it may continue pursuing a sale of its metals packaging business after the court ruling removed the restriction. A completed transaction could provide liquidity and potentially clarify AMBP’s ownership structure. Ardagh Metal Packaging Parent Says Sale Can Proceed After Judge Withdraws Order Blocking Process
• Neutral Sentiment: RBC remains cautious: RBC Capital reaffirmed its Hold rating and kept a $5.00 price target, indicating the firm sees only modest potential upside from recent trading levels. RBC Capital Reaffirms Their Hold Rating on Ardagh Metal Packaging
• Neutral Sentiment: Peer-performance comparison: A market analysis compares AMBP’s year-to-date performance with Constellium and other industrial-products companies, providing sector context but no new company-specific fundamental catalyst. Is Ardagh Metal Packaging Stock Outpacing Its Industrial Products Peers This Year?
• Negative Sentiment: Takeover expectations have faded: Truist said Ardagh is unlikely to receive an offer from major industry participants Ball or Crown, reducing the possibility of a near-term acquisition premium. Ardagh Metal Unlikely to Get Offer From Ball, Crown, Truist Says
• Negative Sentiment: Earnings and balance-sheet concerns: AMBP reports next week, but Zacks says the company lacks the indicators typically associated with an earnings beat. Analysts and commentary also continue to highlight leverage and the need to improve the balance sheet, increasing downside risk if results or guidance disappoint. Ardagh Metal Packaging Reports Next Week

About Ardagh Metal Packaging

Ardagh Metal Packaging SA (NYSE: AMBP) is a global supplier of sustainable metal packaging for beverage manufacturers. The company produces aluminum and steel beverage cans, can ends and specialty containers used for products including carbonated soft drinks, beer, energy drinks and other ready-to-drink beverages.

Ardagh Metal Packaging serves major beverage companies and brand owners through manufacturing operations in Europe, North America and Brazil. Its products are designed to support brand differentiation, convenient consumption and the circular-economy benefits of metal packaging, which can be recycled repeatedly without losing its essential properties.

The company was formed from the beverage can business of Ardagh Group and became a publicly traded company in 2021 through a business combination with Gores Holdings V.