While Amcor Plc has overperformed by 1.86%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AMCR rose by 14.93%, with highs and lows ranging from $11.48 to $8.80, whereas the simple moving average jumped by 0.68% in the last 200 days.
On February 03, 2025, Jefferies Upgraded Amcor Plc (NYSE: AMCR) to Buy. A report published by Truist on January 06, 2025, Upgraded its rating to ‘Buy’ for AMCR. Citigroup also Upgraded AMCR shares as ‘Buy’, setting a target price of $12 on the company’s shares in a report dated January 06, 2025. Macquarie November 27, 2024d its ‘Neutral’ rating to ‘Outperform’ for AMCR, as published in its report on November 27, 2024. Stifel’s report from July 09, 2024 suggests a price prediction of $10.80 for AMCR shares, giving the stock a ‘Hold’ rating. Wells Fargo also rated the stock as ‘Equal Weight’.
Analysis of Amcor Plc (AMCR)
Investors in Amcor Plc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.50 per share. Further, the quarter-over-quarter decrease in sales is -0.34%, showing a negative trend in the upcoming months.
One of the most important indicators of Amcor Plc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 20.60% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.71, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and AMCR is recording 17.98M average volume. On a monthly basis, the volatility of the stock is set at 1.60%, whereas on a weekly basis, it is put at 1.48%, with a gain of 4.00% over the past seven days. Furthermore, long-term investors anticipate a median target price of $11.03, showing growth from the present price of $10.39, which can serve as yet another indication of whether AMCR is worth investing in or should be passed over.
How Do You Analyze Amcor Plc Shares?
The Packaging & Containers market is dominated by Amcor Plc (AMCR) based in the United Kingdom. When comparing Amcor Plc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 18.86, there is a growth in quarterly earnings of 21.97%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.42%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 59.62% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
AMCR shares are owned by institutional investors to the tune of 59.62% at present.
