Amcor (NYSE:AMCR) Issues FY 2025 Earnings Guidance

Amcor (NYSE:AMCR) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.720-0.760 for the period, compared to the consensus estimate of 0.740. The company issued revenue guidance of -. Amcor also updated its FY25 guidance to $0.72-0.76 EPS.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AMCR shares. Truist Financial raised Amcor from a “hold” rating to a “buy” rating and raised their price objective for the stock from $10.00 to $12.00 in a research note on Monday, January 6th. Jefferies Financial Group upgraded Amcor from a “hold” rating to a “buy” rating in a report on Monday. Citigroup raised shares of Amcor from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $11.00 to $12.00 in a research report on Monday, January 6th. Bank of America upgraded shares of Amcor from an “underperform” rating to a “buy” rating and set a $12.50 price target for the company in a research report on Wednesday, December 11th. Finally, Macquarie raised shares of Amcor from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 27th. Three research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $11.46.

Amcor Stock Performance

AMCR traded up $0.24 during midday trading on Wednesday, reaching $10.29. The company’s stock had a trading volume of 4,205,961 shares, compared to its average volume of 17,743,764. Amcor has a twelve month low of $8.78 and a twelve month high of $11.48. The company has a current ratio of 1.29, a quick ratio of 0.74 and a debt-to-equity ratio of 1.80. The stock has a market cap of $14.87 billion, a P/E ratio of 19.41, a PEG ratio of 1.86 and a beta of 0.84. The company has a fifty day simple moving average of $9.77 and a 200 day simple moving average of $10.44.

Amcor (NYSE:AMCR) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.16 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.16. Amcor had a net margin of 5.68% and a return on equity of 25.60%. The firm had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same period in the prior year, the firm earned $0.09 EPS. The business’s revenue was down .3% on a year-over-year basis. Research analysts expect that Amcor will post 0.74 earnings per share for the current year.

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.