Media coverage about Ardagh Group (NYSE:ARD) has been trending very positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ardagh Group earned a media sentiment score of 0.53 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 44.7228558709485 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of NYSE:ARD traded up $0.11 during midday trading on Wednesday, reaching $16.23. The company’s stock had a trading volume of 846 shares, compared to its average volume of 51,856. The company has a market capitalization of $298.54 million, a price-to-earnings ratio of 8.82 and a beta of -0.26. The company has a debt-to-equity ratio of -6.41, a current ratio of 1.45 and a quick ratio of 0.91. Ardagh Group has a fifty-two week low of $14.77 and a fifty-two week high of $22.33.
Ardagh Group (NYSE:ARD) last issued its earnings results on Thursday, July 26th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.03). Ardagh Group had a net margin of 1.56% and a negative return on equity of 31.32%. The firm had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the previous year, the firm earned $0.54 earnings per share. The business’s quarterly revenue was up 6.1% on a year-over-year basis. analysts anticipate that Ardagh Group will post 1.73 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, August 31st. Investors of record on Friday, August 17th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date was Thursday, August 16th. Ardagh Group’s payout ratio is 15.22%.
A number of research analysts have recently issued reports on the company. Zacks Investment Research raised Ardagh Group from a “sell” rating to a “hold” rating in a research note on Friday, May 25th. Citigroup dropped their price objective on Ardagh Group from $25.00 to $22.00 and set a “buy” rating on the stock in a research note on Tuesday, July 10th. Royal Bank of Canada set a $22.00 price objective on Ardagh Group and gave the company a “buy” rating in a research note on Friday, July 27th. Finally, Barclays dropped their price objective on Ardagh Group from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Wednesday, June 27th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. Ardagh Group currently has a consensus rating of “Hold” and a consensus target price of $22.00.
About Ardagh Group
Ardagh Group SA manufactures and supplies rigid packaging solutions primarily for the food and beverage markets worldwide. The company operates in four segments: Metal Packaging Europe, Metal Packaging Americas, Glass Packaging Europe, and Glass Packaging North America. Its metal packaging products include aluminum and steel beverage cans; two-piece aluminum, two-piece tinplate, and three-piece tinplate food and specialty cans; and a range of can ends, including easy-open and peelable ends.
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