Amcor (NYSE:AMCR) Updates FY 2025 Earnings Guidance

Amcor (NYSE:AMCR) updated its FY 2025 earnings guidance on Thursday. 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 also updated its FY25 guidance to $0.72-$0.76 EPS.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Stifel Nicolaus assumed coverage on Amcor in a report on Tuesday, July 9th. They set a “hold” rating and a $10.80 target price on the stock. JPMorgan Chase & Co. raised their target price on Amcor from $10.00 to $11.10 and gave the company an “overweight” rating in a report on Tuesday, August 13th. Citigroup raised their price objective on Amcor from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Robert W. Baird raised their price objective on Amcor from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Friday, August 16th. Finally, Wells Fargo & Company lifted their target price on Amcor from $10.50 to $10.80 and gave the stock an “equal weight” rating in a research report on Tuesday, October 15th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $10.78.

Amcor Stock Performance

NYSE:AMCR traded up $0.07 during midday trading on Thursday, reaching $11.13. 13,895,086 shares of the company traded hands, compared to its average volume of 8,790,468. Amcor has a twelve month low of $8.59 and a twelve month high of $11.48. The firm has a market capitalization of $16.09 billion, a price-to-earnings ratio of 24.73, a price-to-earnings-growth ratio of 2.72 and a beta of 0.85. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.17 and a quick ratio of 0.69. The company has a fifty day moving average price of $11.15 and a 200 day moving average price of $10.39.

Amcor (NYSE:AMCR) last released its quarterly earnings data on Thursday, August 15th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. Amcor had a return on equity of 25.45% and a net margin of 5.35%. The business had revenue of $3.54 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the firm posted $0.19 EPS. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. On average, analysts expect that Amcor will post 0.75 EPS for the current fiscal year.

Amcor Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Thursday, November 21st will be paid a dividend of $0.1275 per share. This represents a $0.51 annualized dividend and a yield of 4.58%. This is an increase from Amcor’s previous quarterly dividend of $0.13. Amcor’s payout ratio is presently 111.11%.

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.