Amcor plc (AMCR)
Market Cap | 13.44B |
Revenue (ttm) | 14.43B |
Net Income (ttm) | 968.00M |
Shares Out | 1.45B |
EPS (ttm) | 0.66 |
PE Ratio | 14.20 |
Forward PE | 13.00 |
Dividend | $0.50 (5.38%) |
Ex-Dividend Date | Nov 21, 2023 |
Volume | 6,677,500 |
Open | 9.38 |
Previous Close | 9.35 |
Day's Range | 9.28 - 9.41 |
52-Week Range | 8.45 - 12.78 |
Beta | 0.86 |
Analysts | Sell |
Price Target | 9.75 (+4.84%) |
Earnings Date | Oct 31, 2023 |
About 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 drin... [Read more]
Financial Performance
In 2023, Amcor's revenue was $14.69 billion, an increase of 1.03% compared to the previous year's $14.54 billion. Earnings were $1.05 billion, an increase of 30.19%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for AMCR stock is "Sell." The 12-month stock price forecast is $9.75, which is an increase of 4.84% from the latest price.
News

Amcor and NOVA Chemicals announce agreement to source mechanically recycled polyethylene
Multiyear collaboration reflects shared commitment to circular content DEERFIELD, Ill. , Nov. 8, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and producing responsib...

Amcor FY23 Sustainability Report: The Future of Packaging is Here
ZURICH , Nov. 2, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, today released its Fiscal Year (FY) 2023 Sustainability...

Amcor reports first quarter result and reaffirms outlook for fiscal 2024
Highlights - Three Months Ended September 30, 2023 Net sales of $3,443 million; GAAP Net income of $152 million; GAAP diluted earnings per share (EPS) of 10.5 cps; Adjusted EPS of 15.6 cps and Adjuste...

Amcor, SK Geo Centric partner for supply of recycled content
ZURICH , Oct. 26, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today that it has signed a Memorandum of Und...

Amcor to report First Quarter 2024 results
ZURICH , Oct. 17, 2023 /PRNewswire/ -- Amcor plc (NYSE: AMCR; ASX: AMC) will announce its First Quarter 2024 results for the three months ended 30 September 2023 after the US market closes on Tuesday ...

Amcor's AmSky™ and AmPrima™ earn Walmart's 'Circular Connector' seal of approval
ZURICH , Oct. 4, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has been recognized for its AmSky™ and AmPrima™ more su...

Amcor plc announces changes to Board of Directors
ZURICH , Sept. 26, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced that Lucrèce Foufopoulos-De Ridder ha...

Amcor to present at the Morgan Stanley 11th Annual Laguna Conference on September 13, 2023
ZURICH, Sept. 11, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions will present at the Morgan Stanley 11th Annual Laguna Co...

Amcor Demonstrating Connected Packaging at Pack Expo 2023 with VerifyMe, Inc
LAKE MARY, Fla. , Sept. 5, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Globa...

Amcor launches high-barrier performance paper packaging in North America
NEENAH, Wis. , Aug. 29, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR; ASX: AMC), a global leader in developing and producing responsible packaging solutions, today announced the North American launch of cur...

Amcor reports fiscal 2023 results and provides outlook for fiscal 2024
June 2023 quarter: GAAP diluted EPS of 12.3 cps; Adjusted EPS of 19.3 cps Fiscal 2023 Full Year Highlights Net sales of $14,694 million, in line with the prior year on a comparable constant currency b...

Amcor announces acquisition of scalable flexible packaging plant in high-growth Indian market
ZURICH , Aug. 11, 2023 /PRNewswire/ -- Amcor (NYSE:AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced it has entered into an agreement to acqu...

Amcor to report Full Year 2023 results
ZURICH , Aug. 2, 2023 /PRNewswire/ -- Amcor plc (NYSE: AMCR; ASX: AMC) will announce its Full Year 2023 results for the twelve months ended 30 June 2023 after the US market closes on Wednesday 16 Augu...

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Amcor Expands AmFiber™ Performance Paper Packaging to Include Culinary and Beverages
Amcor launches further developments of its high performing paper packaging range and invests in increased paper packaging manufacturing capacity in Europe. ZURICH , June 13, 2023 /PRNewswire/ -- Amcor...

Dividends Up To 12.8% With These Low-Vol Stocks
Let's highlight five low-vol payers—with dividends between 5% and 12.8%–that can provide long-term stability while funding our payout-powered retirements.

Amcor announces intent to acquire Moda Systems
Will provide Amcor with fully integrated, production-ready fresh protein packaging solution ZURICH , May 8, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR; ASX: AMC), a global leader in developing and produci...

Amcor reports third quarter result and updates fiscal 2023 outlook
March 2023 quarter: GAAP EPS of 11.9 cps; Adjusted EPS of 17.5 cps Highlights - Nine Months Ended March 31, 2023 Net sales of $11,021 million, up 4%; GAAP Net income of $868 million, up 25%; GAAP dilu...

Amcor to report Third Quarter 2023 Year to Date Results
ZURICH , April 18, 2023 /PRNewswire/ -- Amcor plc (NYSE: AMCR; ASX: AMC) will announce its year to date results for the nine months ended 31 March 2023 after the US market closes on Tuesday 2 May 2023...

No, Amazon Shouldn't Buy AMC—or Any Other Movie Theater Chain
Investors considering the prospect of Amazon buying a movie theater chain should look at its record with physical locations, including Whole Foods.

Amcor, Nfinite enter joint research agreement to leverage nanotechnology in recyclable and compostable packaging
ZURICH , March 22, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX: AMC), a global leader in developing and producing responsible packaging solutions, today announced a joint research project agreement w...

Amcor to participate in Bank of America Securities Global Agriculture and Materials Conference on March 1, 2023 in Fort Lauderdale
ZURICH , Feb. 14, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced that Ron Delia, CEO of Amcor, will part...

Amcor reports strong first half and second quarter fiscal 2023 result
December 2022 quarter: GAAP EPS of 30.9 cps; Adjusted EPS of 18.5 cps, up 7% on a comparable constant currency basis Highlights - Six Months Ended December 31, 2022 Net sales of $7,354 million, up 6%;...

Amcor third Lift-Off winner to deliver new 'Packaging as a Service' for reusable food packaging
$250,000 investment to drive scalability of circolution's smart reusable food packaging solution ZURICH , Feb. 1, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and pr...