Currently, Amcor Plc [AMCR] is trading at $9.52, up 1.17%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AMCR shares have gain 2.04% over the last week, with a monthly amount drifted -6.02%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Amcor Plc [NYSE: AMCR] stock has seen the most recent analyst activity on January 06, 2025, when Truist upgraded its rating to a Buy and also boosted its price target to $12 from $10. Previously, Citigroup upgraded its rating to Buy on January 06, 2025, and elevated its price target to $12. On December 11, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $12.50 on the stock. Macquarie upgraded its rating to a Outperform. Stifel initiated its recommendation with a Hold and recommended $10.80 as its price target on July 09, 2024. Wells Fargo started tracking with a Equal Weight rating for this stock on June 28, 2024, and assigned it a price target of $9.80. In a note dated July 10, 2023, BofA Securities downgraded an Underperform rating on this stock and revised its target price from $12.40 to $9.
This stock has fluctuated between a low of $8.78 and a high of $11.48 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $10.8 within the next 12 months. Amcor Plc [NYSE: AMCR] shares were valued at $9.52 at the most recent close of the market. An investor can expect a potential return of 13.45% based on the average AMCR price forecast.
Analyzing the AMCR fundamentals
Trailing Twelve Months sales for Amcor Plc [NYSE:AMCR] were 13.55B which represents -2.61% decline. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.2 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.86.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.41 points at the first support level, and at 9.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.58, and for the 2nd resistance point, it is at 9.64.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Amcor Plc [NYSE:AMCR] is 1.29. As well, the Quick Ratio is 0.74, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 1.02, the price to book ratio is 3.51 and price to earnings (TTM) ratio is 17.95.
Transactions by insiders
Recent insider trading involved Bertone Andrea E., Director, that happened on Dec 03 ’24 when 6138.0 shares were sold. Director, Long Nicholas T. completed a deal on Dec 03 ’24 to sell 7230.0 shares. Meanwhile, Director Long Nicholas T. bought 7230.0 shares on Dec 03 ’24.
