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Turkey’s central bank hikes interest rates again in further shift in economic policies
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The single greatest medical breakthrough of all time? (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The single greatest medical breakthrough of all time? (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Laser breakthrough could send stock soaring 2,467% (Ad)
Turkey’s central bank hikes interest rates again in further shift in economic policies
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The single greatest medical breakthrough of all time? (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The single greatest medical breakthrough of all time? (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Laser breakthrough could send stock soaring 2,467% (Ad)
Turkey’s central bank hikes interest rates again in further shift in economic policies
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The single greatest medical breakthrough of all time? (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The single greatest medical breakthrough of all time? (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Laser breakthrough could send stock soaring 2,467% (Ad)
Turkey’s central bank hikes interest rates again in further shift in economic policies
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
NYSE:AMCR

Amcor (AMCR) Stock Forecast, Price & News

$9.10
-0.15 (-1.62%)
(As of 09/21/2023 ET)
Compare
Today's Range
$9.10
$9.24
50-Day Range
$9.15
$10.26
52-Week Range
$9.10
$12.78
Volume
5.94 million shs
Average Volume
7.71 million shs
Market Capitalization
$13.19 billion
P/E Ratio
12.82
Dividend Yield
5.38%
Price Target
$10.80

Amcor MarketRank™ Forecast

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
18.6% Upside
$10.80 Price Target
Short Interest
Healthy
1.87% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.86
Upright™ Environmental Score
News Sentiment
0.40mentions of Amcor in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$282,000 Sold Last Quarter
Proj. Earnings Growth
5.80%
From $0.69 to $0.73 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Industrial Products Sector

97th out of 172 stocks

Miscellaneous Manufacturing Industries Industry

7th out of 9 stocks


AMCR stock logo

About Amcor (NYSE:AMCR) Stock

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 Price History

AMCR Stock News Headlines

Amcor (NYSE:AMCR) Sees Unusually-High Trading Volume
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Amcor: Dividend Insights
Goldman Sachs Keeps Their Sell Rating on Amcor (AMCR)
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Amcor PLC stock falls Friday, underperforms market
Amcor (AMCR) to Report Q4 Earnings: What's in Store?
Amcor: Shareholder Friendly But Overvalued
See More Headlines
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AMCR Company Calendar

Last Earnings
8/16/2023
Ex-Dividend for 9/27 Dividend
9/06/2023
Today
9/21/2023
Dividend Payable
9/27/2023
Next Earnings (Estimated)
11/07/2023
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 Forecast
$10.80
High Stock Price Forecast
$10.80
Low Stock Price Forecast
$10.80
Forecasted Upside/Downside
+18.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$1.05 billion
Pretax Margin
8.51%

Debt

Sales & Book Value

Annual Sales
$14.69 billion
Cash Flow
$1.13 per share
Book Value
$2.78 per share

Miscellaneous

Outstanding Shares
1,448,490,000
Free Float
1,439,658,000
Market Cap
$13.19 billion
Optionable
Optionable
Beta
0.79

Social Links

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Key Executives

  • Mr. Ronald Stephen Delia B.Sc.Mr. Ronald Stephen Delia B.Sc. (Age 52)
    MBA, MD, CEO & Exec. Director
    Comp: $4.4M
  • Mr. Michael John Casamento BBus (Acct) (Age 52)
    CPA, GradCert Mktg, MBA, Exec. VP of Fin. & CFO
    Comp: $2.59M
  • Mr. Michael J. ZackaMr. Michael J. Zacka (Age 56)
    Pres of Amcor Flexibles Europe, Middle East & Africa
    Comp: $2.97M
  • Mr. Eric V. RoegnerMr. Eric V. Roegner (Age 53)
    Pres of Rigid Packaging
    Comp: $1.71M
  • Mr. L. Frederick Stephan (Age 58)
    Pres of Flexibles North America
    Comp: $2.06M
  • Mr. Jerry S. Krempa (Age 62)
    VP & Chief Accounting Officer
  • Ms. Tracey Whitehead
    Head of Investor Relations
  • Ms. Deborah M. Rasin (Age 56)
    Exec. VP & Gen. Counsel
  • Ernesto Duran
    Head of Global Communications
  • Dr. Susana Suarez-Gonzalez Ph.D. (Age 53)
    Exec. VP & Chief HR Officer













AMCR Stock - Frequently Asked Questions

Should I buy or sell Amcor stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amcor in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" AMCR shares.
View AMCR analyst ratings
or view top-rated stocks.

What is Amcor's stock price forecast for 2023?

4 brokers have issued 12 month target prices for Amcor's shares. Their AMCR share price forecasts range from $10.80 to $10.80. On average, they predict the company's stock price to reach $10.80 in the next year. This suggests a possible upside of 18.6% 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 2023?

Amcor's stock was trading at $11.91 at the beginning of 2023. Since then, AMCR shares have decreased by 23.6% and is now trading at $9.1050.
View the best growth stocks for 2023 here
.

Are investors shorting Amcor?

Amcor saw a increase in short interest in August. As of August 31st, there was short interest totaling 26,940,000 shares, an increase of 7.1% from the August 15th total of 25,150,000 shares. Based on an average daily trading volume, of 7,010,000 shares, the short-interest ratio is currently 3.8 days. Currently, 1.9% of the shares of the 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, November 7th 2023.
View our AMCR earnings forecast
.

How were Amcor's earnings last quarter?

Amcor plc (NYSE:AMCR) posted its quarterly earnings data on Wednesday, August, 16th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.01. The company had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.87 billion. Amcor had a net margin of 7.14% and a trailing twelve-month return on equity of 25.98%.

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

Amcor declared a quarterly dividend on Wednesday, August 16th. Shareholders of record on Thursday, September 7th will be paid a dividend of $0.1225 per share on Wednesday, September 27th. This represents a $0.49 annualized dividend and a dividend yield of 5.38%. The ex-dividend date of this dividend is Wednesday, September 6th.
Read our dividend analysis for AMCR
.

Is Amcor a good dividend stock?

Amcor (NYSE:AMCR) pays an annual dividend of $0.49 per share and currently has a dividend yield of 5.33%. 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 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 69.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMCR will have a dividend payout ratio of 67.12% 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 updated its FY 2024 earnings guidance on Thursday, August, 17th. The company provided earnings per share (EPS) guidance of $0.67-$0.71 for the period, compared to the consensus earnings per share estimate of $0.73. 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).

What is Amcor's stock symbol?

Amcor trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMCR."

Who are Amcor's major shareholders?

Amcor's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.65%), State Street Corp (7.18%), Geode Capital Management LLC (2.12%), Charles Schwab Investment Management Inc. (2.04%), ProShare Advisors LLC (1.06%) and Polaris Capital Management LLC (1.00%). 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, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Amcor's stock price today?

One share of AMCR stock can currently be purchased for approximately $9.11.

How much money does Amcor make?

Amcor (NYSE:AMCR) has a market capitalization of $13.19 billion and generates $14.69 billion in revenue each year. The company earns $1.05 billion in net income (profit) each year or $0.71 on an earnings per share basis.

How many employees does Amcor have?

The company employs 41,000 workers across the globe.

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
How can I contact Amcor?

Amcor's mailing address is 83 TOWER ROAD NORTH, WARMLEY BRISTOL X0, BS30 8XP. The official website for the company is www.amcor.com. The company can be reached via phone at 441179753200, via email at tracey.whitehead@amcor.com, or via fax at 920-527-7600.

This page (NYSE:AMCR) was last updated on 9/22/2023 by MarketBeat.com Staff

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