Amcor (NYSE:AMCR) Issues FY 2026 Earnings Guidance

Amcor (NYSE:AMCRGet Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.980-4.030 for the period, compared to the consensus earnings per share estimate of 3.930. The company issued revenue guidance of -.

Amcor Stock Up 2.1%

Shares of NYSE AMCR opened at $37.67 on Wednesday. Amcor has a 52-week low of $36.67 and a 52-week high of $50.94. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.77 and a current ratio of 1.30. The stock has a market cap of $17.41 billion, a P/E ratio of 24.62, a P/E/G ratio of 1.03 and a beta of 0.63. The firm has a 50 day moving average price of $41.55 and a 200 day moving average price of $42.51.

Amcor (NYSE:AMCRGet Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.96 earnings per share for the quarter, hitting the consensus estimate of $0.96. Amcor had a net margin of 3.04% and a return on equity of 15.57%. The company had revenue of $5.91 billion for the quarter, compared to analyst estimates of $5.71 billion. Amcor has set its FY 2026 guidance at 3.980-4.030 EPS. Analysts expect that Amcor will post 3.94 EPS for the current year.

Analysts Set New Price Targets

AMCR has been the topic of several research analyst reports. Robert W. Baird set a $54.00 price objective on Amcor in a research note on Wednesday, February 4th. Weiss Ratings downgraded Amcor from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft started coverage on Amcor in a research report on Wednesday, April 1st. They set a “buy” rating and a $50.00 price target on the stock. Wells Fargo & Company cut Amcor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $48.00 to $43.00 in a report on Friday, March 20th. Finally, Truist Financial lowered their target price on Amcor from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Amcor currently has an average rating of “Moderate Buy” and an average target price of $50.89.

View Our Latest Research Report on Amcor

Hedge Funds Weigh In On Amcor

A number of large investors have recently bought and sold shares of AMCR. Sivia Capital Partners LLC acquired a new position in Amcor during the second quarter worth $138,000. Oxford Asset Management LLP acquired a new stake in Amcor in the 4th quarter valued at $115,000. Advyzon Investment Management LLC acquired a new stake in Amcor in the 4th quarter valued at $106,000. UMB Bank n.a. lifted its position in Amcor by 98.2% during the 4th quarter. UMB Bank n.a. now owns 12,544 shares of the company’s stock worth $105,000 after buying an additional 6,214 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its position in Amcor by 269.4% during the 4th quarter. Brown Brothers Harriman & Co. now owns 11,895 shares of the company’s stock worth $99,000 after buying an additional 8,675 shares in the last quarter. Institutional investors and hedge funds own 45.14% of the company’s stock.

About Amcor

(Get Free Report)

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.

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Earnings History and Estimates for Amcor (NYSE:AMCR)

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