In the last trading session, 27.11 million Amcor Plc (NYSE:AMCR) shares changed hands as the company’s beta touched 0.74. With the company’s per share price at $9.30 changed hands at -$0.14 or -1.48% during last session, the market valuation stood at $21.44B. AMCR’s last price was a discount, traded about -23.44% off its 52-week high of $11.48. The share price had its 52-week low at $8.37, which suggests the last value was 10.0% up since then.
Analysts gave the Amcor Plc (AMCR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended AMCR as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
Amcor Plc (NYSE:AMCR) trade information
Instantly AMCR was in red as seen at the end of in last trading. With action 1.42%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -1.17%, with the 5-day performance at 1.42% in the green. However, in the 30-day time frame, Amcor Plc (NYSE:AMCR) is -0.11% down.
The consensus price target for the stock as assigned by Wall Street analysts is 10.8, meaning bulls need an upside of 13.89% from its current market value. According to analyst projections, AMCR’s forecast low is 10.8 with 10.8 as the target high. To hit the forecast high, the stock’s price needs a -16.13% plunge from its current level, while the stock would need to soar -16.13% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 6.70%. The 2025 estimates are for Amcor Plc earnings to increase by 3.54%, but the outlook for the next 5-year period is at 9.36% per year.
AMCR Dividends
Amcor Plc is expected to release its next quarterly earnings report in June. The 5.43% annual yield figure for the share gives it an annual dividend of 0.51. It is important to note, however, that the 5.43% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
STATE STREET CORP holds the second largest percentage of outstanding shares, with 6.3901% or 91.95 million shares worth $899.3 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard 500 Index Fund and SCHWAB STRATEGIC TRUST-Schwab U.S. Dividend Equity ETF . With 39.11 shares estimated at $363.69 million under it, the former controlled 2.71% of total outstanding shares. On the other hand, SCHWAB STRATEGIC TRUST-Schwab U.S. Dividend Equity ETF held about 2.63% of the shares, roughly 38.05 shares worth around $353.9 million.
