We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Ardagh Metal Packaging (AMBP) Stock Outpacing Its Industrial Products Peers This Year?
Read MoreHide Full Article
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Ardagh Metal Packaging S.A. (AMBP - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.
Ardagh Metal Packaging S.A. is one of 189 individual stocks in the Industrial Products sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Ardagh Metal Packaging S.A. is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for AMBP's full-year earnings has moved 7.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, AMBP has gained about 13.9% so far this year. Meanwhile, stocks in the Industrial Products group have gained about 10.9% on average. This shows that Ardagh Metal Packaging S.A. is outperforming its peers so far this year.
Constellium (CSTM - Free Report) is another Industrial Products stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 35.1%.
For Constellium, the consensus EPS estimate for the current year has increased 11.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Ardagh Metal Packaging S.A. belongs to the Containers - Metal and Glass industry, a group that includes 4 individual stocks and currently sits at #23 in the Zacks Industry Rank. On average, this group has gained an average of 10% so far this year, meaning that AMBP is performing better in terms of year-to-date returns.
Constellium, however, belongs to the Metal Products - Distribution industry. Currently, this 5-stock industry is ranked #65. The industry has moved -19.3% so far this year.
Investors interested in the Industrial Products sector may want to keep a close eye on Ardagh Metal Packaging S.A. and Constellium as they attempt to continue their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Is Ardagh Metal Packaging (AMBP) Stock Outpacing Its Industrial Products Peers This Year?
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Ardagh Metal Packaging S.A. (AMBP - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.
Ardagh Metal Packaging S.A. is one of 189 individual stocks in the Industrial Products sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Ardagh Metal Packaging S.A. is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for AMBP's full-year earnings has moved 7.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, AMBP has gained about 13.9% so far this year. Meanwhile, stocks in the Industrial Products group have gained about 10.9% on average. This shows that Ardagh Metal Packaging S.A. is outperforming its peers so far this year.
Constellium (CSTM - Free Report) is another Industrial Products stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 35.1%.
For Constellium, the consensus EPS estimate for the current year has increased 11.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Ardagh Metal Packaging S.A. belongs to the Containers - Metal and Glass industry, a group that includes 4 individual stocks and currently sits at #23 in the Zacks Industry Rank. On average, this group has gained an average of 10% so far this year, meaning that AMBP is performing better in terms of year-to-date returns.
Constellium, however, belongs to the Metal Products - Distribution industry. Currently, this 5-stock industry is ranked #65. The industry has moved -19.3% so far this year.
Investors interested in the Industrial Products sector may want to keep a close eye on Ardagh Metal Packaging S.A. and Constellium as they attempt to continue their solid performance.