In the last trading session, 30.72 million shares of the Amcor Plc (NYSE:AMCR) were traded, and its beta was 0.73. Most recently the company’s share price was $9.68, and it changed around $0.05 or 0.52% from the last close, which brings the market valuation of the company to $22.32B. AMCR currently trades at a discount to its 52-week high of $11.48, offering almost -18.6% off that amount. The share price’s 52-week low was $8.37, which indicates that the current value has risen by an impressive 13.53% since then. We note from Amcor Plc’s average daily trading volume that its 10-day average is 24.5 million shares, with the 3-month average coming to 37.92 million.
Amcor Plc stock received a consensus recommendation rating of Buy, based on a mean score of 1.95. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 4 recommended AMCR as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.
Amcor Plc (NYSE:AMCR) trade information
Instantly AMCR has showed a green trend with a performance of 0.52% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 9.89 on recent trading dayincreased the stock’s daily price by 2.12%. The company’s shares are currently up 1.04% year-to-date, but still up 5.33% over the last five days. On the other hand, Amcor Plc (NYSE:AMCR) is 6.73% up in the 30-day period. We can see from the shorts that 51.08 million shares have been sold at a short interest cover period of 1.92 day(s).
The consensus price target as assigned by Wall Street analysts is $10.8, which translates to bulls needing to increase their stock price by 10.37% from its current value. Analyst projections state that AMCR is forecast to be at a low of $10.8 and a high of $10.8.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 6.70%. Amcor Plc earnings are expected to increase by 3.47% in 2025, but the outlook is positive 9.67% per year for the next five years.
AMCR Dividends
Amcor Plc’s next quarterly earnings report is expected to be released on 2025-Apr-30. The annual dividend yield of the stock is 5.26 percent and its annual dividend per share was 0.51. It is important to note, however, that the 5.26% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 4.51 per year.
Amcor Plc (NYSE:AMCR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.26% of Amcor Plc shares, and 44.78% of them are in the hands of institutional investors. The stock currently has a share float of 44.90%. Amcor Plc stock is held by 940.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 6.5941% of the shares, which is about 94.89 million shares worth $928.02 million.
STATE STREET CORP, with 6.3901% or 91.95 million shares worth $899.3 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard 500 Index Fund and SCHWAB STRATEGIC TRUST-Schwab U.S. Dividend Equity ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 40.13 shares worth $388.47 million, making up 2.78% of all outstanding shares. On the other hand, SCHWAB STRATEGIC TRUST-Schwab U.S. Dividend Equity ETF held roughly 38.05 shares worth around $368.36 million, which represents about 2.63% of the total shares outstanding.
