Amcor (NYSE:AMCR) Releases FY 2025 Earnings Guidance

Amcor (NYSE:AMCR) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 0.720-0.760 for the period, compared to the consensus EPS estimate of 0.740. The company issued revenue guidance of -.

Amcor Price Performance

NYSE AMCR traded up $0.42 on Tuesday, hitting $9.98. 8,394,140 shares of the company’s stock were exchanged, compared to its average volume of 16,907,648. Amcor has a 52 week low of $8.78 and a 52 week high of $11.48. The stock has a 50-day moving average of $9.80 and a 200-day moving average of $10.45. 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 $14.42 billion, a price-to-earnings ratio of 18.80, a P/E/G ratio of 1.86 and a beta of 0.84.

Amcor (NYSE:AMCR) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. Amcor had a return on equity of 25.60% and a net margin of 5.68%. Analysts expect that Amcor will post 0.74 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMCR. Bank of America upgraded shares of Amcor from an “underperform” rating to a “buy” rating and set a $12.50 price objective for the company in a research report on Wednesday, December 11th. UBS Group upgraded Amcor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th. Citigroup upgraded Amcor from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $11.00 to $12.00 in a research report on Monday, January 6th. Wells Fargo & Company increased their target price on Amcor from $10.50 to $10.80 and gave the company an “equal weight” rating in a research report on Tuesday, October 15th. Finally, Macquarie upgraded Amcor from a “neutral” rating to an “outperform” rating in a report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Amcor has an average rating of “Moderate Buy” and a consensus target price of $11.46.

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.