Amcor (NYSE:AMCR) Issues FY 2025 Earnings Guidance

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

A number of analysts have recently weighed in on AMCR shares. Stifel Nicolaus initiated coverage on shares of Amcor in a research report on Tuesday, July 9th. They set a hold rating and a $10.80 price target for the company. Wells Fargo & Company started coverage on shares of Amcor in a research note on Friday, June 28th. They set an equal weight rating and a $9.80 price target on the stock. Finally, JPMorgan Chase & Co. raised their target price on Amcor from $10.00 to $11.10 and gave the stock an overweight rating in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Amcor has an average rating of Hold and an average target price of $10.43.

Amcor Stock Up 1.8 %

Amcor stock traded up $0.19 during mid-day trading on Thursday, reaching $10.85. The company’s stock had a trading volume of 17,416,861 shares, compared to its average volume of 9,256,770. The business’s 50 day simple moving average is $10.08 and its 200 day simple moving average is $9.67. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.75 and a current ratio of 1.29. Amcor has a 12 month low of $8.45 and a 12 month high of $10.91. The company has a market capitalization of $15.68 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 4.64 and a beta of 0.86.

Amcor (NYSE:AMCR) last released its quarterly earnings data on Thursday, August 15th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The firm had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Amcor had a net margin of 4.75% and a return on equity of 24.66%. The company’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.19 earnings per share. As a group, research analysts anticipate that Amcor will post 0.7 earnings per share for the current year.

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.