Amcor (NYSE:AMCR) Releases 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 guidance of 0.720-0.760 for the period, compared to the consensus earnings per share estimate of 0.740. The company issued revenue guidance of -. Amcor also updated its FY25 guidance to $0.72-0.76 EPS.

Amcor Stock Up 1.8 %

Shares of Amcor stock traded up $0.19 during trading on Thursday, hitting $10.85. 17,413,572 shares of the stock were exchanged, compared to its average volume of 9,257,003. The stock has a market cap 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. The firm’s 50-day moving average price is $10.08 and its 200 day moving average price is $9.67. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.29 and a quick ratio of 0.75. Amcor has a 12-month low of $8.45 and a 12-month high of $10.91.

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

Analyst Upgrades and Downgrades

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

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.