Amcor (NYSE:AMCR) Updates FY25 Earnings Guidance

Amcor (NYSE:AMCR) 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.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on AMCR shares. Jefferies Financial Group upgraded shares of Amcor from a “hold” rating to a “buy” rating in a research report on Monday. Bank of America raised shares of Amcor from an “underperform” rating to a “buy” rating and set a $12.50 target price on the stock in a report on Wednesday, December 11th. Citigroup raised shares of Amcor from a “neutral” rating to a “buy” rating and increased their price target for the stock from $11.00 to $12.00 in a report on Monday, January 6th. Macquarie raised Amcor from a “neutral” rating to an “outperform” rating in a report on Wednesday, November 27th. Finally, Truist Financial raised Amcor from a “hold” rating to a “buy” rating and increased their target price for the stock from $10.00 to $12.00 in a research note on Monday, January 6th. Three equities research 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $11.46.

Amcor Price Performance

Shares of AMCR stock traded up $0.48 during midday trading on Tuesday, reaching $10.04. 27,258,515 shares of the company traded hands, compared to its average volume of 17,810,617. The firm’s 50 day simple moving average is $9.78 and its two-hundred day simple moving average is $10.44. The firm has a market cap of $14.50 billion, a PE ratio of 18.95, a price-to-earnings-growth ratio of 1.86 and a beta of 0.84. 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 has a 1-year low of $8.78 and a 1-year high of $11.48.

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

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.