Amcor (NYSE:AMCR) Releases FY25 Earnings Guidance

Amcor (NYSE:AMCRGet Free Report) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $0.72-0.76 for the period, compared to the consensus EPS estimate of $0.74. Amcor also updated its FY 2025 guidance to 0.720-0.760 EPS.

Amcor Stock Performance

Shares of AMCR stock traded up $0.48 during mid-day trading on Tuesday, reaching $10.04. The stock had a trading volume of 27,258,515 shares, compared to its average volume of 17,810,617. The company has a current ratio of 1.29, a quick ratio of 0.74 and a debt-to-equity ratio of 1.80. Amcor has a 1-year low of $8.78 and a 1-year high of $11.48. The firm has a market cap of $14.50 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 1.86 and a beta of 0.84. The business’s fifty day moving average is $9.78 and its 200-day moving average is $10.44.

Amcor (NYSE:AMCRGet Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.16. The company had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.33 billion. Amcor had a net margin of 5.68% and a return on equity of 25.60%. Amcor’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period last year, the firm posted $0.09 EPS. On average, research analysts forecast that Amcor will post 0.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

AMCR has been the subject of a number of research reports. Macquarie raised shares of Amcor from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 27th. Wells Fargo & Company raised their price objective on shares of Amcor from $10.50 to $10.80 and gave the stock an “equal weight” rating in a research report on Tuesday, October 15th. Jefferies Financial Group upgraded Amcor from a “hold” rating to a “buy” rating in a report on Monday. UBS Group upgraded shares of Amcor from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Bank of America raised shares of Amcor from an “underperform” rating to a “buy” rating and set a $12.50 price target on the stock in a research report on Wednesday, December 11th. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Amcor currently has an average rating of “Moderate Buy” and a consensus price target of $11.46.

Check Out Our Latest Stock Report on AMCR

Amcor Company Profile

(Get Free Report)

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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Earnings History and Estimates for Amcor (NYSE:AMCR)

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