What is Zacks Research’s Forecast for Amcor FY2026 Earnings?

Amcor PLC (NYSE:AMCR) – Research analysts at Zacks Research decreased their FY2026 earnings estimates for shares of Amcor in a research report issued on Monday, August 4th. Zacks Research analyst R. Department now anticipates that the company will earn $0.80 per share for the year, down from their previous forecast of $0.81. The consensus estimate for Amcor’s current full-year earnings is $0.74 per share. Zacks Research also issued estimates for Amcor’s Q3 2027 earnings at $0.22 EPS, Q4 2027 earnings at $0.25 EPS and FY2027 earnings at $0.88 EPS.

A number of other analysts have also weighed in on AMCR. Truist Financial set a $11.00 target price on shares of Amcor and gave the company a “buy” rating in a research report on Friday, July 11th. Raymond James Financial began coverage on shares of Amcor in a research report on Tuesday, April 22nd. They issued a “market perform” rating on the stock. Wells Fargo & Company raised their target price on shares of Amcor from $10.00 to $11.00 and gave the company an “overweight” rating in a research report on Friday, July 18th. Jefferies Financial Group began coverage on shares of Amcor in a research report on Wednesday, July 2nd. They issued a “buy” rating and a $12.00 target price on the stock. Finally, UBS Group upgraded shares of Amcor from a “neutral” rating to a “buy” rating in a research report on Thursday, June 26th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $11.51.

Amcor Stock Performance

Shares of NYSE:AMCR opened at $9.37 on Tuesday. The company’s 50 day simple moving average is $9.36 and its 200 day simple moving average is $9.53. The stock has a market capitalization of $13.54 billion, a price-to-earnings ratio of 16.73, a price-to-earnings-growth ratio of 1.20 and a beta of 0.74. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.70 and a quick ratio of 1.16. Amcor has a 1 year low of $8.37 and a 1 year high of $11.48.

Institutional Trading of Amcor

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Amcor by 15.5% in the 1st quarter. Vanguard Group Inc. now owns 68,105,901 shares of the company’s stock worth $660,627,000 after buying an additional 9,119,308 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of Amcor by 303.9% during the 4th quarter. Marshall Wace LLP now owns 8,699,610 shares of the company’s stock valued at $81,863,000 after purchasing an additional 6,545,689 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Amcor by 4,928.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 4,732,524 shares of the company’s stock valued at $44,817,000 after purchasing an additional 4,638,412 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Amcor by 42.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 15,111,854 shares of the company’s stock valued at $138,878,000 after purchasing an additional 4,498,695 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Amcor by 474.7% during the 4th quarter. First Trust Advisors LP now owns 5,402,490 shares of the company’s stock valued at $50,837,000 after purchasing an additional 4,462,367 shares during the last quarter. 45.14% of the stock is currently owned by hedge funds and other institutional investors.

Amcor Company Profile

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.