In Friday’s Wall Street session, Amcor Plc (NYSE:AMCR) shares traded at $10.07, down -0.30% from the previous session.
AMCR stock price is now 3.02% away from the 50-day moving average and -2.32% away from the 200-day moving average. The market capitalization of the company currently stands at $14.55B.
On January 06, 2025, Truist Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $10 to quote $12, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, NAYAR ARUN, Director bought 59,000 shares of the company’s stock on Feb 12 ’25. The stock was bought for $587,050 at an average price of $9.95. Upon completion of the transaction, the Director now directly owns 135,191 shares in the company, valued at $1.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 12 ’25, Director NAYAR ARUN bought 41,000 shares of the business’s stock. A total of $407,950 was incurred on buying the stock at an average price of $9.95. This leaves the insider owning 33,000 shares of the company worth $0.33 million. A total of 0.40% of the company’s stock is owned by insiders.
During the past 12 months, Amcor Plc has had a low of $8.80 and a high of $11.48. As of last week, the company has a debt-to-equity ratio of 1.96, a current ratio of 1.26, and a quick ratio of 0.71. According to the stock market information, the enterprise value for the company is $21591535616, which is based on a 18.28 price-to-earnings ratio, a 3.04 price-to-earnings-growth ratio, and a beta of 0.82. The fifty day moving average price for AMCR is $9.7752 and a two-hundred day moving average price translates $10.30885 for the stock.
The latest earnings results from Amcor Plc (NYSE: AMCR) was released for 2024-12-31. The net profit margin was 5.87% and return on equity was 20.60% for AMCR. The company reported revenue of $3.24 billion for the quarter, compared to $3.25 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.31 percent.
