NYSE:AMCR Amcor (AMCR) Stock Price, News & Analysis $11.02 +0.03 (+0.27%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Amcor Stock (NYSE:AMCR) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$10.89▼$11.1450-Day Range$9.81▼$11.4452-Week Range$8.45▼$11.45Volume6.51 million shsAverage Volume9.13 million shsMarket Capitalization$15.93 billionP/E Ratio24.49Dividend Yield4.54%Price Target$10.73Consensus RatingHold Company OverviewAmcor 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. The Rigid Packaging segment offers rigid containers for various beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications. The company sells its products through its direct sales force. Amcor plc was incorporated in 2018 and is headquartered in Zurich, Switzerland.Read More… Wall St. Icon: Looming Financial Tsunami will Wipe Out the 1% (Ad)Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American economy like a tsunami. It doesn't matter if you're blue collar, white collar, working, or retired. He says, "I am literally afraid for my family's future. I'm taking drastic steps to prepare for what I know will inevitably happen next."Click here to see his new prediction Amcor Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 70th PercentileAmcor scored higher than 70% of companies evaluated by MarketBeat, and ranked 87th out of 171 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.1 / 5Analyst RatingHold Consensus RatingAmcor has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageAmcor has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Amcor's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth5.33% Earnings GrowthEarnings for Amcor are expected to grow by 5.33% in the coming year, from $0.75 to $0.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Amcor is 24.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Amcor is 24.49, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.25.Price to Earnings Growth RatioAmcor has a PEG Ratio of 2.68. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAmcor has a P/B Ratio of 4.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Amcor's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.61% of the float of Amcor has been sold short.Short Interest Ratio / Days to CoverAmcor has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Amcor has recently increased by 25.70%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipAmcor is a leading dividend payer. It pays a dividend yield of 4.60%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAmcor does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Amcor is 111.11%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Amcor will have a dividend payout ratio of 63.29% next year. This indicates that Amcor will be able to sustain or increase its dividend.Read more about Amcor's dividend. Sustainability and ESG0.7 / 5Environmental Score-3.86 Percentage of Shares Shorted1.61% of the float of Amcor has been sold short.Short Interest Ratio / Days to CoverAmcor has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Amcor has recently increased by 25.70%, indicating that investor sentiment is decreasing significantly. News and Social Media2.8 / 5News Sentiment0.95 News SentimentAmcor has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Amcor this week, compared to 4 articles on an average week.Search InterestOnly 14 people have searched for AMCR on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Amcor to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Amcor insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.69% of the stock of Amcor is held by insiders.Percentage Held by Institutions45.14% of the stock of Amcor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Amcor's insider trading history. AMCR Stock News HeadlinesAmcor plc (NYSE:AMCR) Receives $10.73 Average Target Price from AnalystsSeptember 13, 2024 | americanbankingnews.comAmcor: Adds To My Belief That This Is A Trader's Market (Technical Analysis)September 12, 2024 | seekingalpha.comWall St. Icon: Looming Financial Tsunami will Wipe Out the 1%Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American economy like a tsunami. It doesn't matter if you're blue collar, white collar, working, or retired. He says, "I am literally afraid for my family's future. I'm taking drastic steps to prepare for what I know will inevitably happen next."September 19, 2024 | InvestorPlace (Ad)5 Highest-Yielding Dividend Aristocrats Can Explode Higher as Rates Cuts BeginSeptember 7, 2024 | 247wallst.comAmcor PLC stock falls Thursday, underperforms marketSeptember 5, 2024 | marketwatch.comAmcor announces senior executive appointments to accelerate organic growthSeptember 5, 2024 | prnewswire.comAmcor appoints Peter Konieczny as Chief Executive OfficerSeptember 4, 2024 | prnewswire.comAmcor PLC stock falls Tuesday, still outperforms marketSeptember 3, 2024 | marketwatch.comSee More Headlines AMCR Stock Analysis - Frequently Asked Questions How have AMCR shares performed this year? Amcor's stock was trading at $9.64 at the beginning of the year. Since then, AMCR shares have increased by 14.3% and is now trading at $11.02. View the best growth stocks for 2024 here. How were Amcor's earnings last quarter? Amcor plc (NYSE:AMCR) announced its earnings results on Thursday, August, 15th. The company reported $0.21 earnings per share for the quarter, hitting the consensus estimate of $0.21. The business's quarterly revenue was down 3.8% compared to the same quarter last year. Read the conference call transcript. Does Amcor have any subsidiaries? The following companies are subsidiaries of Amcor: Bemis Company, Hebei Qite Packing, Sonoco -Plastics Blow Molding, Plastic Moulders Ltd, Alusa, BPI China, Deluxe Packages, and more. Who are Amcor's major shareholders? Top institutional investors of Amcor include M&G Plc (3.26%), Federated Hermes Inc. (1.65%), ProShare Advisors LLC (1.38%) and Dimensional Fund Advisors LP (1.02%). Insiders that own company stock include Ronald Stephen Delia, Michael Casamento, Eric V Roegner, Michael J Zacka, Ian Wilson, Louis Fred Stephan, Arun Nayar and Julie Marie Sorrells. View institutional ownership trends. How do I buy shares of Amcor? Shares of AMCR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Amcor own? Based on aggregate information from My MarketBeat watchlists, some other companies that Amcor investors own include AbbVie (ABBV), AT&T (T), Pfizer (PFE), Johnson & Johnson (JNJ), Verizon Communications (VZ), Realty Income (O) and Cisco Systems (CSCO). Company Calendar Last Earnings8/15/2024Ex-Dividend for 9/26 Dividend9/06/2024Today9/18/2024Dividend Payable9/26/2024Next Earnings (Estimated)10/29/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Miscellaneous manufacturing industries Sub-IndustryMisc. Current SymbolNYSE:AMCR CUSIPN/A CIK1748790 Webwww.amcor.com Phone441179753200Fax920-527-7600Employees41,000Year Founded1864Price Target and Rating Average Stock Price Target$10.73 High Stock Price Target$11.10 Low Stock Price Target$10.00 Potential Upside/Downside-2.6%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.45 Trailing P/E Ratio24.49 Forward P/E Ratio14.69 P/E Growth2.68Net Income$730 million Net Margins5.35% Pretax Margin6.65% Return on Equity25.45% Return on Assets6.10% Debt Debt-to-Equity Ratio1.67 Current Ratio1.17 Quick Ratio0.69 Sales & Book Value Annual Sales$13.64 billion Price / Sales1.17 Cash Flow$1.13 per share Price / Cash Flow9.72 Book Value$2.73 per share Price / Book4.04Miscellaneous Outstanding Shares1,445,343,000Free Float1,435,370,000Market Cap$15.93 billion OptionableOptionable Beta0.85 Social Links This page (NYSE:AMCR) was last updated on 9/19/2024 by MarketBeat.com Staff From Our PartnersWall St. Icon: Looming Financial Tsunami will Wipe Out the 1%Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American...InvestorPlace | SponsoredThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? 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