With 2.47 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.96 million shares. The 52-week range on AMBP shows that it touched its highest point at $4.26 and its lowest point at $2.50 during that stretch. It currently has a 1-year price target of $3.74. With its current market cap of 2.10 billion, AMBP has annualized dividend of $0.50 while the current yield stands at 14.20%. Beta for the stock currently stands at 0.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMBP was down-trending over the past week, with a drop of -6.88%, but this was up by 23.08% over a month. Three-month performance surged to 28.47% while six-month performance fell -4.35%. The stock lost -11.34% in the past year, while it has gained 16.94% so far this year. A look at the trailing 12-month EPS for AMBP yields -0.03 with Next year EPS estimates of 0.24. For the next quarter, that number is 0.07. This implies an EPS growth rate of -0.37% for this year and 31.47% for next year.
Float and Shares Shorts:
At present, 597.70 million AMBP shares are outstanding with a float of 137.85 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMBP since 5 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.16953 being high and $0.14959 being low. For AMBP, this leads to a yearly average estimate of $0.15956. Based on analyst estimates, the high estimate for the next quarter is $0.07 and the low estimate is $0.05. The average estimate for the next quarter is thus $0.06.
