Amcor (NYSE:AMCR) Releases FY25 Earnings Guidance

Amcor (NYSE:AMCR) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.72-0.76 for the period, compared to the consensus estimate of $0.75. Amcor also updated its FY 2025 guidance to 0.720-0.760 EPS.

Amcor Stock Performance

NYSE:AMCR opened at $10.45 on Friday. Amcor has a 1 year low of $8.45 and a 1 year high of $10.91. The firm’s fifty day simple moving average is $10.10 and its 200 day simple moving average is $9.68. The company has a current ratio of 1.29, a quick ratio of 0.75 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $15.10 billion, a PE ratio of 23.22, a PEG ratio of 4.64 and a beta of 0.86.

Amcor (NYSE:AMCR) last posted its earnings results 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 net margin of 4.75% and a return on equity of 24.66%. The business had revenue of $3.54 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the business posted $0.19 EPS. Amcor’s revenue was down 3.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Amcor will post 0.7 EPS for the current year.

Amcor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Investors of record on Friday, September 6th will be paid a $0.125 dividend. The ex-dividend date is Friday, September 6th. This represents a $0.50 dividend on an annualized basis and a yield of 4.78%. Amcor’s payout ratio is presently 111.11%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AMCR shares. Stifel Nicolaus started coverage on shares of Amcor in a research note on Tuesday, July 9th. They issued a hold rating and a $10.80 target price on the stock. Robert W. Baird raised their price target on shares of Amcor from $10.00 to $11.00 and gave the stock a neutral rating in a research report on Friday. Wells Fargo & Company raised their price target on shares of Amcor from $9.80 to $10.50 and gave the stock an equal weight rating in a research report on Friday. Finally, JPMorgan Chase & Co. raised their price target on shares of Amcor from $10.00 to $11.10 and gave the stock an overweight rating in a research report on Tuesday, August 13th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Amcor presently has an average rating of Hold and a consensus target price of $10.68.

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.