Amcor (NYSE:AMCR) issues FY25 revenue guidance

Amcor ( NYSE:AMCR – Get Your Free Report ) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) of $0.72-$0.76 for the period, compared to the consensus estimate of $0.75. Amcor also upgraded its FY 2025 guidance to 0.720-0.760 EPS.

Amcor’s stock performance

NYSE AMCR opened at $10.45 on Friday. The stock has a market cap of $15.10 billion, a PE ratio of 23.22, a P/E/G ratio of 4.64 and a beta of 0.86. The company has a 50 day simple moving average of $10.10 and a two hundred day simple moving average of $9.68. 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 1 year low of $8.45 and a 1 year high of $10.91.

Amcor (NYSE:AMCR – Get Your Free Report ) last released its quarterly earnings results on Thursday, August 15th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.01. The business had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Amcor had a return on equity of 24.66% and a net margin of 4.75%. The company’s revenue for the quarter was down 3.8% compared to the same quarter last year. In the same quarter last year, the business posted EPS of $0.19. On average, research analysts predict that Amcor will post 0.7 EPS for the current fiscal year.

Amcor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Friday, September 6th will be issued a $0.125 dividend. This represents a dividend of $0.50 on an annualized basis and a dividend yield of 4.78%. The ex-dividend date is Friday, September 6. Amcor’s dividend payout ratio (DPR) is 111.11%.

The Wall Street analyst weighs in

A number of equities analysts recently issued reports on AMCR shares. Stifel Nicolaus started coverage on Amcor in a report on Tuesday, July 9th. They set a hold rating and a $10.80 price objective for the company. JPMorgan Chase & Co. boosted their price objective on Amcor from $10.00 to $11.10 and gave the company an overweight rating in a report on Tuesday. Robert W. Baird boosted their price objective on Amcor from $10.00 to $11.00 and gave the company a neutral rating in a report on Friday. Finally, Wells Fargo & Company boosted their price objective on Amcor from $9.80 to $10.50 and gave the company an equal weight rating in a report on Friday. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of Hold and a consensus price target of $10.68.

Get the latest analysis on AMCR

Amcor Company Profile

(Get a free report)

Amcor plc develops, manufactures and sells packaging products in Europe, North America, Latin America, Africa and the Asia Pacific regions. The company operates through two segments, flexible packaging and rigid packaging. The Flexibles segment provides flexible and film packaging products to the food and beverage, medical and pharmaceutical, fresh produce, snack, personal care and other industries.

Featured stories

Get news and reviews for Amcor Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Amcor and related companies with MarketBeat.com’s FREE daily email newsletter.