Amcor (NYSE:AMCR) Updates FY25 Earnings Guidance

Amcor (NYSE:AMCR) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.72-0.76 for the period, compared to the consensus earnings per share estimate of $0.74. Amcor also updated its FY 2025 guidance to 0.720-0.760 EPS.

Amcor Stock Performance

Shares of Amcor stock traded up $0.48 during trading on Tuesday, reaching $10.04. The company’s stock had a trading volume of 29,050,625 shares, compared to its average volume of 17,889,664. The business’s 50-day moving average price is $9.78 and its 200-day moving average price is $10.44. The firm has a market cap of $14.50 billion, a PE ratio of 18.92, a P/E/G ratio of 1.86 and a beta of 0.84. Amcor has a 52 week low of $8.78 and a 52 week high of $11.48. The company has a quick ratio of 0.74, a current ratio of 1.29 and a debt-to-equity ratio of 1.80.

Amcor (NYSE:AMCR) last announced its earnings results on Tuesday, February 4th. The company reported $0.16 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.16. The company had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $3.33 billion. Amcor had a net margin of 5.68% and a return on equity of 25.60%. Amcor’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.09 earnings per share. Equities analysts forecast that Amcor will post 0.74 earnings per share for the current year.

Analyst Ratings Changes

AMCR has been the subject of a number of analyst reports. Jefferies Financial Group raised Amcor from a “hold” rating to a “buy” rating in a research note on Monday. Citigroup raised Amcor from a “neutral” rating to a “buy” rating and boosted their price target for the company from $11.00 to $12.00 in a research note on Monday, January 6th. Macquarie raised Amcor from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 27th. UBS Group raised Amcor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Truist Financial raised Amcor from a “hold” rating to a “buy” rating and boosted their price target for the company 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 issued a strong buy rating to the stock. According to data from MarketBeat, the stock 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.