Amcor (NYSE:AMCR) Releases 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 -.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Wells Fargo & Company increased their target price on shares of Amcor from $10.50 to $10.80 and gave the company an “equal weight” rating in a research report on Tuesday, October 15th. Citigroup raised Amcor from a “neutral” rating to a “buy” rating and raised their price objective for the company from $11.00 to $12.00 in a research note on Monday, January 6th. UBS Group raised shares of Amcor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 11th. Macquarie upgraded shares of Amcor from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 27th. Finally, 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. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $11.46.

Amcor Price Performance

NYSE AMCR traded up $0.35 on Tuesday, reaching $9.91. 12,768,413 shares of the company’s stock traded hands, compared to its average volume of 17,120,590. The stock has a market cap of $14.33 billion, a PE ratio of 18.65, a P/E/G ratio of 1.86 and a beta of 0.84. Amcor has a 12 month low of $8.78 and a 12 month high of $11.48. The stock has a 50-day simple moving average of $9.78 and a 200 day simple moving average of $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.

Amcor (NYSE:AMCR) last issued its earnings results on Tuesday, February 4th. The company reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates of $0.16. Amcor had a net margin of 5.68% and a return on equity of 25.60%. As a group, research analysts predict 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.