Amcor (NYSE:AMCR) Issues FY 2025 Earnings Guidance

Amcor (NYSE:AMCR) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.720-0.760 for the period, compared to the consensus earnings per share estimate of 0.740. The company issued revenue guidance of -.

Amcor Trading Up 3.7 %

Shares of NYSE AMCR traded up $0.35 during midday trading on Tuesday, hitting $9.91. The stock had a trading volume of 12,768,413 shares, compared to its average volume of 17,120,590. The company’s 50-day simple moving average is $9.78 and its 200 day simple moving average is $10.44. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.29 and a quick ratio of 0.74. The firm has a market cap of $14.33 billion, a P/E ratio of 18.65, a price-to-earnings-growth ratio of 1.86 and a beta of 0.84. Amcor has a fifty-two week low of $8.78 and a fifty-two week high of $11.48.

Amcor (NYSE:AMCR) last issued its earnings results on Tuesday, February 4th. The company reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. Amcor had a net margin of 5.68% and a return on equity of 25.60%. Research analysts anticipate that Amcor will post 0.74 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on AMCR shares. Truist Financial raised shares of Amcor from a “hold” rating to a “buy” rating and lifted their price target for the company from $10.00 to $12.00 in a research note on Monday, January 6th. Wells Fargo & Company lifted their price target on Amcor from $10.50 to $10.80 and gave the company an “equal weight” rating in a research note on Tuesday, October 15th. UBS Group upgraded Amcor from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 11th. Citigroup upgraded Amcor from a “neutral” rating to a “buy” rating and boosted their target price for the company from $11.00 to $12.00 in a research note on Monday, January 6th. Finally, Bank of America upgraded shares of Amcor from an “underperform” rating to a “buy” rating and set a $12.50 price objective on the stock in a report on Wednesday, December 11th. Three investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $11.46.

Amcor Company Profile

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.