NYSE:AMCR Amcor (AMCR) Stock Price, News & Analysis → “The Stock Market’s Bull Run is Far from Over” -Barrons (From Vertical Research Advisory) (Ad) Free AMCR Stock Alerts $9.51 +0.03 (+0.32%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$9.48▼$9.5650-Day Range$8.87▼$9.5852-Week Range$8.45▼$11.39Volume6.44 million shsAverage Volume9.15 million shsMarket Capitalization$13.74 billionP/E Ratio21.60Dividend Yield5.26%Price Target$10.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Amcor alerts: Email Address Amcor MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside9.4% Upside$10.40 Price TargetShort InterestHealthy1.75% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.86Upright™ Environmental ScoreNews Sentiment0.45Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth7.35%From $0.68 to $0.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.70 out of 5 starsIndustrial Products Sector94th out of 173 stocksMiscellaneous Manufacturing Industries Industry5th out of 9 stocks 1.0 Analyst's Opinion Consensus RatingAmcor has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.40, Amcor has a forecasted upside of 9.4% from its current price of $9.51.Amount of Analyst CoverageAmcor has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.75% of the float of Amcor has been sold short.Short Interest Ratio / Days to CoverAmcor has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Amcor has recently increased by 7.87%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAmcor is a leading dividend payer. It pays a dividend yield of 5.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAmcor has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Amcor is 113.64%. 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 68.49% next year. This indicates that Amcor will be able to sustain or increase its dividend. Previous Next 0.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAmcor has received a -66.67% net impact score from Upright. The largest negative impact of Amcor in category "GHG emissions" seems to be driven mostly by its "Packaging labels", "Plastic cosmetics packages", and "Plastic food packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Amcor is -3.86. Previous Next 3.0 News and Social Media Coverage News SentimentAmcor has a news sentiment score of 0.45. 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 lower news sentiment than the 0.61 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Amcor this week, compared to 3 articles on an average week.Search Interest30 people have searched for AMCR on MarketBeat in the last 30 days. This is an increase of 7% compared to the previous 30 days.MarketBeat Follows16 people have added Amcor to their MarketBeat watchlist in the last 30 days. This is an increase of 220% compared to the previous 30 days. Previous Next 0.8 Company Ownership 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Amcor are expected to grow by 7.35% in the coming year, from $0.68 to $0.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Amcor is 21.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Amcor is 21.60, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.19.Price to Earnings Growth RatioAmcor has a PEG Ratio of 10.10. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAmcor has a P/B Ratio of 3.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Vertical Research Advisory“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!Click here for all the details now… About Amcor Stock (NYSE:AMCR)Amcor 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 AMCR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMCR Stock News HeadlinesMarch 28, 2024 | 247wallst.com6 Highest Yielding Dividend Aristocrats Are Huge April BargainsMarch 19, 2024 | finance.yahoo.comAmcor announces CEO transition and reaffirms fiscal 2024 outlookMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 19, 2024 | prnewswire.comAmcor announces CEO transition and reaffirms fiscal 2024 outlookMarch 5, 2024 | finance.yahoo.comIs Amcor plc's (NYSE:AMCR) 16% ROE Better Than Average?March 1, 2024 | morningstar.comAmcor PLC Ordinary Shares AMCRFebruary 23, 2024 | seekingalpha.comAmcor plc: Diverse With Competitive Advantages And Solid Upside PotentialFebruary 22, 2024 | 247wallst.comThe 5 Highest Yielding Dividend Aristocrats Are Strong Value Buys NowMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!February 20, 2024 | investorplace.comThe 3-Highest Yielding Dividend Aristocrats for February 2024February 12, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: Amcor (AMCR), Madison Square Garden Entertainment Corp. (MSGE) and Holley (HLLY)February 11, 2024 | finance.yahoo.comAmcor (NYSE:AMCR) Will Pay A Dividend Of $0.125February 9, 2024 | markets.businessinsider.comAmcor: Hold Rating Maintained Amid Cost-Cutting Efforts and Market Volume UncertaintiesJanuary 23, 2024 | finance.yahoo.comAmcor to report Half Year 2024 resultsJanuary 8, 2024 | finance.yahoo.comAmcor (AMCR) Stock Dips 16% in a Year: Will It Bounce Back?December 27, 2023 | finance.yahoo.com3 Industrial Products Stocks to Buy for Value at Year's EndDecember 12, 2023 | seekingalpha.comAmcor: Hard To Ignore The 5% Dividend YieldNovember 30, 2023 | finance.yahoo.comAmcor (AMCR) Up 9% Since Last Earnings Report: Can It Continue?November 29, 2023 | morningstar.comAmcor PLC Ordinary SharesNovember 9, 2023 | finance.yahoo.comQ3 2023 VerifyMe Inc Earnings CallNovember 8, 2023 | finance.yahoo.comAmcor and NOVA Chemicals announce agreement to source mechanically recycled polyethyleneNovember 4, 2023 | finance.yahoo.comAmcor (NYSE:AMCR) Is Paying Out A Dividend Of $0.125November 3, 2023 | markets.businessinsider.comTruist Financial Reaffirms Their Hold Rating on Amcor (AMCR)November 1, 2023 | finance.yahoo.comAmcor plc (NYSE:AMCR) Q1 2024 Earnings Call TranscriptOctober 31, 2023 | seekingalpha.comAmcor plc 2024 Q1 - Results - Earnings Call PresentationOctober 31, 2023 | finance.yahoo.comAmcor reports first quarter result and reaffirms outlook for fiscal 2024October 31, 2023 | finance.yahoo.comPackaging firm Amcor reports downbeat quarter on soft consumer demandSee More Headlines Receive AMCR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Amcor and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/06/2024Ex-Dividend for 3/19 Dividend2/27/2024Dividend Payable3/19/2024Today3/29/2024Next Earnings (Estimated)5/07/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Miscellaneous manufacturing industries Sub-IndustryN/A Current SymbolNYSE:AMCR CUSIPN/A CIK1748790 Webwww.amcor.com Phone441179753200Fax920-527-7600Employees41,000Year Founded1864Price Target and Rating Average Stock Price Target$10.40 High Stock Price Target$10.80 Low Stock Price Target$10.00 Potential Upside/Downside+9.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.44 Trailing P/E Ratio21.60 Forward P/E Ratio13.98 P/E Growth10.1Net Income$1.05 billion Net Margins4.59% Pretax Margin5.87% Return on Equity24.28% Return on Assets5.88% Debt Debt-to-Equity Ratio1.74 Current Ratio1.25 Quick Ratio0.71 Sales & Book Value Annual Sales$14.69 billion Price / Sales0.93 Cash Flow$1.18 per share Price / Cash Flow8.05 Book Value$2.78 per share Price / Book3.42Miscellaneous Outstanding Shares1,445,340,000Free Float1,435,370,000Market Cap$13.74 billion OptionableOptionable Beta0.78 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Ronald Stephen Delia B.Sc. (Age 52)MBA, MD, CEO & Executive Director Comp: $2.73MMr. Michael John Casamento BBus (Acct) (Age 53)CPA, GradCert Mktg, MBA, Executive VP of Finance & CFO Comp: $1.68MMr. Michael J. Zacka (Age 56)President of Amcor Flexibles Europe, Middle East & Africa Comp: $2.16MMr. Eric V. Roegner (Age 54)President of Rigid Packaging Comp: $1.3MMr. L. Frederick Stephan (Age 59)President of Flexibles North America Comp: $1.5MMr. Jerry S. Krempa (Age 63)VP & Chief Accounting Officer Ms. Tracey WhiteheadHead of Investor RelationsErnesto DuranHead of Global CommunicationsMs. Laurel SpencerSenior Vice President of Global Sales and MarketingDr. Susana Suarez-Gonzalez Ph.D. (Age 54)Executive VP & Chief Human Resources Officer More ExecutivesKey CompetitorsHillenbrandNYSE:HIA. O. SmithNYSE:AOSPentairNYSE:PNRStanley Black & DeckerNYSE:SWKLincoln ElectricNASDAQ:LECOView All CompetitorsInsiders & InstitutionsNewbridge Financial Services Group Inc.Sold 4,720 shares on 3/28/2024Ownership: 0.000%Nomura Holdings Inc.Bought 50,860 shares on 3/27/2024Ownership: 0.010%HighPoint Advisor Group LLCBought 19,867 shares on 3/26/2024Ownership: 0.001%PNC Financial Services Group Inc.Bought 46,385 shares on 3/22/2024Ownership: 0.022%Healthcare of Ontario Pension Plan Trust FundBought 567,300 shares on 3/21/2024Ownership: 0.048%View All Insider TransactionsView All Institutional Transactions AMCR Stock Analysis - Frequently Asked Questions Should I buy or sell Amcor stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amcor in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AMCR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMCR, but not buy additional shares or sell existing shares. View AMCR analyst ratings or view top-rated stocks. What is Amcor's stock price target for 2024? 4 equities research analysts have issued 1 year target prices for Amcor's shares. Their AMCR share price targets range from $10.00 to $10.80. On average, they predict the company's share price to reach $10.40 in the next year. This suggests a possible upside of 9.4% from the stock's current price. View analysts price targets for AMCR or view top-rated stocks among Wall Street analysts. How have AMCR shares performed in 2024? Amcor's stock was trading at $9.64 at the start of the year. Since then, AMCR shares have decreased by 1.4% and is now trading at $9.5050. View the best growth stocks for 2024 here. Are investors shorting Amcor? Amcor saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 25,210,000 shares, an increase of 7.9% from the February 29th total of 23,370,000 shares. Based on an average daily volume of 8,880,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.8% of the shares of the stock are sold short. View Amcor's Short Interest. When is Amcor's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our AMCR earnings forecast. How were Amcor's earnings last quarter? Amcor plc (NYSE:AMCR) posted its quarterly earnings data on Tuesday, February, 6th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.01. The company earned $3.25 billion during the quarter, compared to analyst estimates of $3.29 billion. Amcor had a net margin of 4.59% and a trailing twelve-month return on equity of 24.28%. How often does Amcor pay dividends? What is the dividend yield for Amcor? Amcor announced a quarterly dividend on Tuesday, February 6th. Shareholders of record on Wednesday, February 28th will be given a dividend of $0.125 per share on Tuesday, March 19th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date is Tuesday, February 27th. Read our dividend analysis for AMCR. Is Amcor a good dividend stock? Amcor (NYSE:AMCR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 5.44%. AMCR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 113.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AMCR will have a dividend payout ratio of 68.49% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AMCR. What ETFs hold Amcor's stock? ETFs with the largest weight of Amcor (NYSE:AMCR) stock in their portfolio include Invesco MSCI Global Timber ETF (CUT), Invesco S&P 500 Equal Weight Materials ETF (RTM), Invesco S&P 500 Equal Weight Materials ETF (RSPM), WisdomTree U.S. AI Enhanced Value Fund (AIVL), Invesco S&P 500 High Dividend Low Volatility ETF (SPHD), Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD), ALPS Sector Dividend Dogs ETF (SDOG) and Altrius Global Dividend ETF (DIVD). What guidance has Amcor issued on next quarter's earnings? Amcor issued an update on its FY 2024 earnings guidance on Wednesday, March, 27th. The company provided EPS guidance of 0.670-0.710 for the period, compared to the consensus estimate of 0.680. The company issued revenue guidance of -. What other stocks do shareholders of Amcor own? Based on aggregate information from My MarketBeat watchlists, some companies that other Amcor investors own include AbbVie (ABBV), AT&T (T), Pfizer (PFE), Johnson & Johnson (JNJ), Verizon Communications (VZ), Realty Income (O), Cisco Systems (CSCO), Medtronic (MDT), NVIDIA (NVDA) and Procter & Gamble (PG). Who are Amcor's major shareholders? Amcor's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.85%), Vanguard Group Inc. (3.85%), Charles Schwab Investment Management Inc. (2.10%), Federated Hermes Inc. (1.76%), Price T Rowe Associates Inc. MD (1.28%) and Wellington Management Group LLP (1.12%). Insiders that own company stock include Arun Nayar, Eric V Roegner, Ian Wilson, Julie Marie Sorrells, Louis Fred Stephan, Michael Casamento, Michael J Zacka, Michael J Zacka, Nicholas T Long and Ronald Stephen Delia. 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. Does Amcor have any subsidiaries? The following companies are subsidiares of Amcor: AFP (Europe), Alusa, Amcor European Holdings Pty. Ltd., Amcor European Investments Holding Limited, Amcor Flexibles Inc, Amcor France SAS, Amcor Group GmbH, Amcor Holdco 3, Amcor Holding, Amcor Holding No 1. Ltd, Amcor Investments Pty. Ltd., Amcor Limited, Amcor Packaging (U.S.A) Inc., Amcor Rigid Packaging USA LLC, Amcor UK Finance PLC, BPI China, Bemis Company, Bemis Wisconsin LLC, Containers Packaging (Europe), Deluxe Packages, Hebei Qite Packing, Murugappa Group, Nampak Flexible, Packaging India Pvt. Ltd., Plastic Moulders Ltd, Sonoco -Plastics Blow Molding, and Zhongshan Tiancai Packing Co..Read More This page (NYSE:AMCR) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Amcor plc Please log in to your account or sign up in order to add this asset to your watchlist. 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