AMBAC Financial Group Inc [AMBC] stock prices are up 1.48% to $8.90 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The AMBC shares have gain 4.83% over the last week, with a monthly amount drifted -23.41%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
AMBAC Financial Group Inc [NYSE: AMBC] stock has seen the most recent analyst activity on September 18, 2024, when ROTH MKM upgraded its rating to a Buy and also boosted its price target to $15 from $13. Previously, Compass Point upgraded its rating to Buy on August 09, 2023, and kept the price target unchanged to $18. On November 28, 2022, Compass Point initiated with a Neutral rating and assigned a price target of $18 on the stock. MKM Partners upgraded its rating to a Neutral. MKM Partners downgraded its rating to a Sell and reduced its price target to $10 on December 19, 2016. MKM Partners reiterated a Neutral rating for this stock on December 13, 2016, and upped its price target to $27. In a note dated August 11, 2015, MKM Partners reiterated an Neutral rating on this stock and revised its target price from $25 to $16.50.
The stock price of AMBAC Financial Group Inc [AMBC] has been fluctuating between $7.92 and $18.45 over the past year. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. AMBAC Financial Group Inc [NYSE: AMBC] shares were valued at $8.90 at the most recent close of the market. An investor can expect a potential return of 102.25% based on the average AMBC price forecast.
Analyzing the AMBC fundamentals
The AMBAC Financial Group Inc [NYSE:AMBC] reported sales of 389.22M for trailing twelve months, representing a drop of -13.04%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -2.36%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.44 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.75 points at the first support level, and at 8.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.00, and for the 2nd resistance point, it is at 9.10.
Ratios To Look Out For
It’s worth pointing out that AMBAC Financial Group Inc [NYSE:AMBC]’s Current Ratio is 1.37. Considering the valuation of this stock, the price to sales ratio is 1.06, the price to book ratio is 0.48 and price to earnings (TTM) ratio is 6.14.
Transactions by insiders
Recent insider trading involved Matus Kristi Ann, Director, that happened on Sep 27 ’24 when 6300.0 shares were purchased. Director, Matus Kristi Ann completed a deal on Sep 26 ’24 to buy 2700.0 shares. Meanwhile, Exec VP & Chief Strategy Offr Smith R Sharon bought 1100.0 shares on Aug 08 ’24.
