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JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
NYSE:AMCR

Amcor (AMCR) Stock Price, News & Analysis

$8.90
-0.17 (-1.87%)
(As of 04/12/2024 ET)
Today's Range
$8.90
$9.07
50-Day Range
$8.87
$9.52
52-Week Range
$8.45
$11.22
Volume
6.05 million shs
Average Volume
8.81 million shs
Market Capitalization
$12.87 billion
P/E Ratio
20.24
Dividend Yield
5.61%
Price Target
$10.40

Amcor MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.8% Upside
$10.40 Price Target
Short Interest
Healthy
1.78% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.86
Upright™ Environmental Score
News Sentiment
0.94mentions of Amcor in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.35%
From $0.68 to $0.73 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.59 out of 5 stars

Industrial Products Sector

181st out of 510 stocks

Miscellaneous Manufacturing Industries Industry

10th out of 27 stocks

AMCR stock logo

About Amcor Stock (NYSE:AMCR)

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. The Rigid Packaging segment offers rigid containers for various beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications. The company sells its products through its direct sales force. Amcor plc was incorporated in 2018 and is headquartered in Zurich, Switzerland.

AMCR Stock Price History

AMCR Stock News Headlines

Short Interest in Amcor plc (NYSE:AMCR) Increases By 7.9%
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Amcor PLC Ordinary Shares AMCR
Amcor (NYSE:AMCR) Will Pay A Dividend Of $0.125
Amcor to report Half Year 2024 results
Amcor: Hard To Ignore The 5% Dividend Yield
Amcor PLC Ordinary Shares
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Amcor (NYSE:AMCR) Is Paying Out A Dividend Of $0.125
Truist Financial Reaffirms Their Hold Rating on Amcor (AMCR)
Amcor plc (NYSE:AMCR) Q1 2024 Earnings Call Transcript
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Ex-Dividend for 3/19 Dividend
2/27/2024
Dividend Payable
3/19/2024
Today
4/13/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous manufacturing industries
Sub-Industry
N/A
Employees
41,000
Year Founded
1864

Price Target and Rating

Average Stock Price Target
$10.40
High Stock Price Target
$10.80
Low Stock Price Target
$10.00
Potential Upside/Downside
+16.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$1.05 billion
Pretax Margin
5.87%

Debt

Sales & Book Value

Annual Sales
$14.69 billion
Cash Flow
$1.12 per share
Book Value
$2.78 per share

Miscellaneous

Outstanding Shares
1,445,340,000
Free Float
1,435,370,000
Market Cap
$12.87 billion
Optionable
Optionable
Beta
0.78

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Key Executives


AMCR Stock Analysis - Frequently Asked Questions

Should I buy or sell Amcor stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amcor in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AMCR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMCR, but not buy additional shares or sell existing shares.
View AMCR analyst ratings
or view top-rated stocks.

What is Amcor's stock price target for 2024?

4 equities research analysts have issued 1 year price objectives for Amcor's stock. Their AMCR share price targets range from $10.00 to $10.80. On average, they expect the company's stock price to reach $10.40 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price.
View analysts price targets for AMCR
or view top-rated stocks among Wall Street analysts.

How have AMCR shares performed in 2024?

Amcor's stock was trading at $9.64 at the beginning of 2024. Since then, AMCR shares have decreased by 7.6% and is now trading at $8.9050.
View the best growth stocks for 2024 here
.

Are investors shorting Amcor?

Amcor saw a increase in short interest in March. As of March 15th, there was short interest totaling 25,210,000 shares, an increase of 7.9% from the February 29th total of 23,370,000 shares. Based on an average trading volume of 8,880,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.8% of the company's stock are short sold.
View Amcor's Short Interest
.

When is Amcor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our AMCR earnings forecast
.

How were Amcor's earnings last quarter?

Amcor plc (NYSE:AMCR) announced its earnings results on Tuesday, February, 6th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01. The company had revenue of $3.25 billion for the quarter, compared to analysts' expectations of $3.29 billion. Amcor had a trailing twelve-month return on equity of 24.28% and a net margin of 4.59%.

How often does Amcor pay dividends? What is the dividend yield for Amcor?

Amcor declared a quarterly dividend on Tuesday, February 6th. Shareholders of record on Wednesday, February 28th will be given a dividend of $0.125 per share on Tuesday, March 19th. This represents a $0.50 annualized dividend and a dividend yield of 5.61%. The ex-dividend date is Tuesday, February 27th.
Read our dividend analysis for AMCR
.

Is Amcor a good dividend stock?

Amcor (NYSE:AMCR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 5.49%. AMCR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 113.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AMCR will have a dividend payout ratio of 68.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMCR.

What guidance has Amcor issued on next quarter's earnings?

Amcor issued an update on its FY 2024 earnings guidance on Wednesday, March, 27th. The company provided earnings per share (EPS) guidance of 0.670-0.710 for the period, compared to the consensus EPS estimate of 0.680. The company issued revenue guidance of -.

What other stocks do shareholders of Amcor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Amcor investors own include AbbVie (ABBV), AT&T (T), Pfizer (PFE), Johnson & Johnson (JNJ), Verizon Communications (VZ), Realty Income (O), Cisco Systems (CSCO), Medtronic (MDT), NVIDIA (NVDA) and Procter & Gamble (PG).

Who are Amcor's major shareholders?

Amcor's stock is owned by many different institutional and retail investors. Top institutional investors include CHURCHILL MANAGEMENT Corp (0.04%), Czech National Bank (0.02%), Alaska Permanent Fund Corp (0.02%), Legacy Private Trust Co. (0.00%), First Affirmative Financial Network (0.00%) and Symmetry Partners LLC (0.00%). Insiders that own company stock include Arun Nayar, Eric V Roegner, Ian Wilson, Julie Marie Sorrells, Louis Fred Stephan, Michael Casamento, Michael J Zacka, Michael J Zacka, Nicholas T Long and Ronald Stephen Delia.
View institutional ownership trends
.

How do I buy shares of Amcor?

Shares of AMCR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Amcor have any subsidiaries?
The following companies are subsidiares of Amcor: AFP (Europe), Alusa, Amcor European Holdings Pty. Ltd., Amcor European Investments Holding Limited, Amcor Flexibles Inc, Amcor France SAS, Amcor Group GmbH, Amcor Holdco 3, Amcor Holding, Amcor Holding No 1. Ltd, Amcor Investments Pty. Ltd., Amcor Limited, Amcor Packaging (U.S.A) Inc., Amcor Rigid Packaging USA LLC, Amcor UK Finance PLC, BPI China, Bemis Company, Bemis Wisconsin LLC, Containers Packaging (Europe), Deluxe Packages, Hebei Qite Packing, Murugappa Group, Nampak Flexible, Packaging India Pvt. Ltd., Plastic Moulders Ltd, Sonoco -Plastics Blow Molding, and Zhongshan Tiancai Packing Co..
Read More
This page (NYSE:AMCR) was last updated on 4/13/2024 by MarketBeat.com Staff

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