Amcor Plc (NYSE:AMCR) currently has a daily average trading volume of 20.19M but it saw 22734170 shares traded in last market. With a market cap of 13.92B USD, the company’s current market price of $9.63 came falling about -3.02 while comparing to the previous closing price of $9.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.48 and as low as $8.80. In the recent trading on the day, stock has struck highest price mark of $9.595 while lowest mark touched by it was $10.005.
Taking a look at 20-day trading activity of Amcor Plc (AMCR) gives us an average price of $10.12, while its current price level is -16.11% below from 52-week high level whereas it is 9.43% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.87 while that of 200 days or SMA-200 reads an average of $10.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.80% during that period while stretching the period over a month that decreases to 1.89%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.51 which implies that the stock is in neutral territory.
Truist upgraded its recommendation for the stock as a “Buy” from “Hold” on January 06, 2025 while assigning a price target range of $10-$12. Citigroup also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $11 and $12.
Over the week, AMCR’s stock price is moving -4.75% down while it is -3.99% when we observe its performance for the past one month. Year-to-date it is 2.34% up and over the past year, the stock is showing an upside performance of 1.69%.
The company is expected to be releasing its next quarterly report on 2025-Feb-03, for which analysts forecasted an EPS of 0.19 while estimate for next year EPS is 0.74. In next quarter, company is expected to be making quarterly sales of $3.65B as analysts are expecting the sales for current fiscal year at $13.81B and seeing the company making $14.08B in sales next year. Moreover, analysts are in estimates of $3.51B for current-quarter revenue.
Currently, Amcor Plc’s total number of outstanding shares is 1.44B with 0.34% of that held by the insiders while 58.65% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.18% and return on equity (ROE) at 20.60%. It has a price to earnings ratio (P/E ratio) of 17.48 while having a 12.16 of forward P/E ratio. Stock’s beta reads 0.77. Stock has a price to book (P/B) ratio of 3.67 while price to sale or P/S ratio amounts to 1.03. Its return on asset (ROA) is 4.85% on average.
