Amcor (NYSE:AMCR) Updates FY 2026 Earnings Guidance

Key Points

• Amcor has updated its FY 2026 earnings guidance to a range of 0.800-0.830 per share, exceeding the consensus estimate of 0.723.
• The stock has received a series of positive ratings from analysts, with a current average rating of "Moderate Buy" and a consensus target price of $11.58.
• Institutional investors have shown significant interest, with Cerity Partners boosting its stake by 339.2% in the last quarter.

Amcor (NYSE:AMCR - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.800-0.830 for the period, compared to the consensus earnings per share estimate of 0.723. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

AMCR has been the topic of several recent research reports. Raymond James Financial initiated coverage on Amcor in a report on Tuesday, April 22nd. They set a "market perform" rating on the stock. Truist Financial set a $11.00 price target on Amcor and gave the company a "buy" rating in a research report on Friday, July 11th. UBS Group raised Amcor from a "neutral" rating to a "buy" rating in a research report on Thursday, June 26th. Jefferies Financial Group began coverage on Amcor in a research report on Wednesday, July 2nd. They issued a "buy" rating and a $12.00 price target on the stock. Finally, Wells Fargo & Company lifted their target price on Amcor from $10.00 to $11.00 and gave the stock an "overweight" rating in a research report on Friday, July 18th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $11.58.

Amcor Stock Up 1.7%

AMCR stock opened at $9.94 on Thursday. Amcor has a twelve month low of $8.37 and a twelve month high of $11.48. The company has a market cap of $14.37 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 1.26 and a beta of 0.74. The business's 50-day simple moving average is $9.44 and its 200 day simple moving average is $9.53. The company has a quick ratio of 1.16, a current ratio of 1.70 and a debt-to-equity ratio of 2.24.

Institutional Investors Weigh In On Amcor

A number of institutional investors have recently added to or reduced their stakes in the company. Cerity Partners LLC boosted its holdings in Amcor by 339.2% during the second quarter. Cerity Partners LLC now owns 366,961 shares of the company's stock valued at $3,372,000 after purchasing an additional 283,401 shares in the last quarter. Jump Financial LLC boosted its holdings in Amcor by 234.0% during the second quarter. Jump Financial LLC now owns 167,033 shares of the company's stock valued at $1,535,000 after purchasing an additional 117,027 shares in the last quarter. Brown Advisory Inc. acquired a new stake in Amcor during the second quarter valued at approximately $388,000. Walleye Capital LLC acquired a new stake in Amcor during the second quarter valued at approximately $260,000. Finally, Baird Financial Group Inc. bought a new position in shares of Amcor in the second quarter valued at approximately $1,199,000. 45.14% of the stock is owned by institutional investors and hedge funds.

About Amcor

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.

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