What is Zacks Research’s Estimate for Amcor FY2027 Earnings?

Amcor PLC (NYSE:AMCR) – Investment analysts at Zacks Research upped their FY2027 EPS estimates for Amcor in a research note issued on Wednesday, April 1st. Zacks Research analyst Team now forecasts that the company will post earnings per share of $4.32 for the year, up from their prior forecast of $4.31. The consensus estimate for Amcor’s current full-year earnings is $0.74 per share. Zacks Research also issued estimates for Amcor’s Q4 2027 earnings at $1.19 EPS, Q1 2028 earnings at $1.17 EPS, Q3 2028 earnings at $1.18 EPS and FY2028 earnings at $4.63 EPS.

Several other brokerages also recently commented on AMCR. Robert W. Baird set a $54.00 price objective on shares of Amcor in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft began coverage on shares of Amcor in a research report on Wednesday. They set a “buy” rating and a $50.00 target price on the stock. Wells Fargo & Company cut shares of Amcor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $48.00 to $43.00 in a report on Friday, March 20th. Truist Financial lifted their price target on shares of Amcor from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Finally, Morgan Stanley lowered shares of Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 price objective on the stock. in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $52.00.

Amcor Trading Down 1.9%

Shares of AMCR stock opened at $39.94 on Friday. Amcor has a fifty-two week low of $37.94 and a fifty-two 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 50 day simple moving average of $44.62 and a two-hundred day simple moving average of $42.56. The company has a market cap of $18.45 billion, a P/E ratio of 26.10, a PEG ratio of 0.95 and a beta of 0.71.

Amcor (NYSE:AMCR) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. The firm had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $5.53 billion. Amcor had a return on equity of 15.57% and a net margin of 3.04%.The business’s revenue was up 68.1% compared to the same quarter last year. During the same period last year, the business posted $0.80 EPS. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS.

Institutional Investors Weigh In On Amcor

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Dakota Wealth Management boosted its position in shares of Amcor by 74.6% during the fourth quarter. Dakota Wealth Management now owns 345,449 shares of the company’s stock valued at $2,881,000 after buying an additional 147,639 shares during the last quarter. GAMMA Investing LLC raised its position in Amcor by 213.1% in the 4th quarter. GAMMA Investing LLC now owns 126,702 shares of the company’s stock valued at $1,057,000 after buying an additional 86,231 shares during the last quarter. Nordea Investment Management AB lifted its stake in Amcor by 64.0% during the 4th quarter. Nordea Investment Management AB now owns 242,866 shares of the company’s stock valued at $2,034,000 after acquiring an additional 94,753 shares in the last quarter. New Mexico Educational Retirement Board lifted its stake in Amcor by 53.3% during the 3rd quarter. New Mexico Educational Retirement Board now owns 103,550 shares of the company’s stock valued at $847,000 after acquiring an additional 36,000 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in Amcor by 395.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,760,659 shares of the company’s stock worth $23,663,000 after acquiring an additional 2,203,982 shares during the last quarter. Institutional investors and hedge funds own 45.14% of the company’s stock.

Amcor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Wednesday, February 25th were issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date was Wednesday, February 25th. Amcor’s dividend payout ratio (DPR) is currently 169.93%.

About Amcor

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.