FY2027 Earnings Forecast for Amcor Issued By Zacks Research

Amcor PLC (NYSE:AMCR) – Stock analysts at Zacks Research raised their FY2027 EPS estimates for shares of Amcor in a research report issued on Wednesday, April 1st. Zacks Research analyst Team now expects that the company will post earnings per share of $4.32 for the year, up from their previous estimate 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.

A number of other equities research analysts have also recently commented on AMCR. Deutsche Bank Aktiengesellschaft began coverage on Amcor in a research note on Wednesday. They set a “buy” rating and a $50.00 target price on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Amcor in a report on Wednesday, January 21st. Truist Financial lifted their price objective on shares of Amcor from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Morgan Stanley cut shares of Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 target price on the stock. in a research note on Wednesday, January 28th. Finally, Citigroup reissued a “buy” rating on shares of Amcor in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Amcor has a consensus rating of “Moderate Buy” and an average price target of $52.00.

Amcor Stock Down 1.9%

Shares of NYSE:AMCR 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 market capitalization of $18.45 billion, a PE ratio of 26.10, a price-to-earnings-growth ratio of 0.95 and a beta of 0.71. The business has a fifty day moving average price of $44.62 and a two-hundred day moving average price of $42.56. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.30 and a quick ratio of 0.77.

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

Amcor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Wednesday, February 25th were paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date was Wednesday, February 25th. Amcor’s dividend payout ratio is presently 169.93%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Amcor by 8.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 268,381 shares of the company’s stock valued at $2,596,000 after purchasing an additional 20,757 shares in the last quarter. Focus Partners Wealth boosted its stake in Amcor by 11.3% in the 1st quarter. Focus Partners Wealth now owns 43,137 shares of the company’s stock worth $418,000 after purchasing an additional 4,396 shares during the period. Sivia Capital Partners LLC bought a new position in Amcor in the 2nd quarter worth about $138,000. Choreo LLC purchased a new position in Amcor during the 2nd quarter valued at about $165,000. Finally, Quadrant Capital Group LLC grew its holdings in Amcor by 1,721.0% during the 2nd quarter. Quadrant Capital Group LLC now owns 32,141 shares of the company’s stock valued at $295,000 after buying an additional 30,376 shares in the last quarter. 45.14% of the stock is currently owned by hedge funds and other institutional investors.

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.