Zacks Research Issues Optimistic Forecast for Amcor Earnings

Amcor PLC (NYSE:AMCR) – Investment analysts at Zacks Research boosted their FY2027 earnings per share (EPS) estimates for Amcor in a report released on Wednesday, April 1st. Zacks Research analyst Team now anticipates that the company will post earnings per share of $4.32 for the year, up from their prior forecast of $4.31. The consensus estimate for Amcor’s current full-year earnings is $0.74 per share. Zacks Research also issued estimates for Amcor’s Q4 2027 earnings at $1.19 EPS, Q1 2028 earnings at $1.17 EPS, Q3 2028 earnings at $1.18 EPS and FY2028 earnings at $4.63 EPS.

Other research analysts also recently issued reports about the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Amcor in a report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft began coverage on shares of Amcor in a report on Wednesday. They issued a “buy” rating and a $50.00 price target on the stock. Morgan Stanley lowered Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 price objective for the company. in a research note on Wednesday, January 28th. Robert W. Baird set a $54.00 target price on Amcor in a research report on Wednesday, February 4th. Finally, Citigroup restated a “buy” rating on shares of Amcor in a research note on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $52.00.

Amcor Stock Performance

Amcor stock opened at $39.94 on Friday. Amcor has a 1-year low of $37.94 and a 1-year high of $50.94. The company has a current ratio of 1.30, a quick ratio of 0.77 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $18.45 billion, a PE ratio of 26.10, a price-to-earnings-growth ratio of 0.93 and a beta of 0.71. The firm’s 50 day simple moving average is $44.53 and its 200 day simple moving average is $42.55.

Amcor (NYSE:AMCR) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.03. Amcor had a return on equity of 15.57% and a net margin of 3.04%.The company had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $5.53 billion. During the same period in the previous year, the business earned $0.80 earnings per share. The firm’s quarterly revenue was up 68.1% compared to the same quarter last year. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Capital International Investors purchased a new stake in Amcor during the fourth quarter valued at about $354,227,000. State Street Corp increased its position in shares of Amcor by 41.4% during the 2nd quarter. State Street Corp now owns 129,701,986 shares of the company’s stock valued at $1,191,961,000 after purchasing an additional 37,982,310 shares during the last quarter. Norges Bank purchased a new position in shares of Amcor during the 4th quarter valued at about $308,724,000. M&G PLC raised its holdings in shares of Amcor by 26.6% during the 3rd quarter. M&G PLC now owns 108,333,984 shares of the company’s stock valued at $866,672,000 after buying an additional 22,737,979 shares in the last quarter. Finally, Federated Hermes Inc. lifted its position in Amcor by 103.9% in the 3rd quarter. Federated Hermes Inc. now owns 39,344,317 shares of the company’s stock worth $321,837,000 after buying an additional 20,052,979 shares during the last quarter. 45.14% of the stock is currently owned by hedge funds and other institutional investors.

Amcor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Wednesday, February 25th were given a dividend of $0.65 per share. The ex-dividend date was Wednesday, February 25th. This represents a $2.60 annualized dividend and a dividend yield of 6.5%. Amcor’s dividend payout ratio (DPR) is 169.93%.

Amcor Company Profile

Amcor (NYSE: AMCR) is a global packaging company specializing in the design, development and production of flexible and rigid packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other consumer and industrial products. The company’s product portfolio encompasses flexible films, pouches, specialty cartons, rigid containers, metal closures and dispensing systems. Amcor’s packaging solutions are engineered to preserve product quality, extend shelf life and meet the specific requirements of a wide range of end markets.

Founded in its current form in 2005 following a spin-off from a mining conglomerate, Amcor expanded its capabilities and geographic footprint through organic investments and strategic acquisitions.