In recent trading session, Amcor Plc (NYSE:AMCR) saw 5.42 million shares changing hands at last check today with its beta currently measuring 0.77. Company’s recent per share price level of $9.61 trading at $0.09 or 0.95% at last check today assigns it a market valuation of $13.89B. That most recent trading price of AMCR’s stock is at a discount of -19.46% from its 52-week high price of $11.48 and is indicating a premium of 12.9% from its 52-week low price of $8.37. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 40.81 million shares which gives us an average trading volume of 29.00 million if we extend that period to 3-months.
For Amcor Plc (AMCR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.30. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.18 in the current quarter.
Amcor Plc (NYSE:AMCR) trade information
Upright in the green today for gaining 0.95%, in the last five days AMCR remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $9.61 price level, adding 0.83% to its value on the day. Amcor Plc’s shares saw a change of 2.13% in year-to-date performance and have moved 3.89% in past 5-day. Amcor Plc (NYSE:AMCR) showed a performance of 1.80% in past 30-days. Number of shares sold short was 164.98 million shares which calculate 5.99 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 10.8 to the stock, which implies a rise of 11.02% to its recent value today. Analysts have been projecting 10.8 as a low price target for the stock while placing it at a high target of 10.8. It follows that stock’s current price would drop -12.38% in reaching the projected high whereas dropping to the targeted low would mean a loss of -12.38% for stock’s current value.
Amcor Plc (AMCR) estimates and forecasts
This year revenue growth is estimated to rise 0.93% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.47B for the same. And 8 analysts are in estimates of company making revenue of 3.62B in the next quarter. Company posted 3.41B and 3.54B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.70% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 4.06% while estimates for its earnings growth in next 5 years are of 6.64%.
AMCR Dividends
Amcor Plc is more likely to be releasing its next quarterly report on 2025-Feb-03 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 5.25%, the share has a forward dividend of 0.51 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 4.45%.
Amcor Plc (NYSE:AMCR)’s Major holders
Insiders are in possession of 0.33% of company’s total shares while institution are holding 58.73 percent of that, with stock having share float percentage of 58.92%. Investors also watch the number of corporate investors in a company very closely, which is 58.73% institutions for Amcor Plc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at AMCR for having 94.89 million shares of worth $928.02 million. And as of 2024-06-30, it was holding 6.5941 of the company’s outstanding shares.
The second largest institutional holder is STATE STREET CORP, which was holding about 91.95 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.3901 of outstanding shares, having a total worth of $899.3 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund and SCHWAB STRATEGIC TRUST-Schwab U.S. Dividend Equity ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 39.11 shares of worth $375.03 million or 2.71% of the total outstanding shares. The later fund manager was in possession of 36.72 shares on Nov 30, 2024 , making its stake of worth around $352.12 million in the company or a holder of 2.54% of company’s stock.