Amcor (NYSE:AMCR) Updates FY 2025 Earnings Guidance

Amcor (NYSE:AMCR) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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 also updated its FY25 guidance to $0.72-0.76 EPS.

Wall Street Analysts Forecast Growth

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

Amcor Stock Up 2.3 %

AMCR stock traded up $0.24 during mid-day trading on Wednesday, hitting $10.29. 4,205,961 shares of the company were exchanged, compared to its average volume of 17,743,764. The firm has a market cap of $14.87 billion, a P/E ratio of 19.41, a P/E/G ratio of 1.86 and a beta of 0.84. The firm’s 50 day simple moving average is $9.77 and its 200 day simple moving average is $10.44. Amcor has a 1-year low of $8.78 and a 1-year high of $11.48. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.74 and a current ratio of 1.29.

Amcor (NYSE:AMCR) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.16 earnings per share for the quarter, hitting the consensus estimate 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%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same period last year, the business earned $0.09 EPS. On average, sell-side analysts predict 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.