Zacks Research Has Pessimistic Outlook of Amcor Q1 Earnings

Amcor PLC (NYSE:AMCR) – Equities researchers at Zacks Research dropped their Q1 2026 earnings per share estimates for Amcor in a research report issued to clients and investors on Tuesday, July 1st. Zacks Research analyst R. Department now forecasts that the company will earn $0.19 per share for the quarter, down from their prior estimate of $0.20. The consensus estimate for Amcor’s current full-year earnings is $0.74 per share.

Amcor (NYSE:AMCR) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.18 EPS for the quarter, meeting analysts’ consensus estimates of $0.18. Amcor had a return on equity of 26.49% and a net margin of 5.99%. The company had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same period in the prior year, the company earned $0.13 earnings per share. The firm’s revenue was down 2.3% on a year-over-year basis.

Several other equities research analysts have also issued reports on AMCR. Truist Financial lowered their price objective on Amcor from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Raymond James Financial assumed coverage on Amcor in a research note on Tuesday, April 22nd. They issued a “market perform” rating for the company. Wells Fargo & Company assumed coverage on Amcor in a research note on Thursday, June 26th. They issued an “overweight” rating and a $10.00 price objective for the company. Jefferies Financial Group assumed coverage on Amcor in a research note on Wednesday. They issued a “buy” rating and a $12.00 price objective for the company. Finally, UBS Group raised Amcor from a “neutral” rating to a “buy” rating in a research note on Thursday, June 26th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $11.30.

Amcor Price Performance

Shares of Amcor stock opened at $9.57 on Thursday. The stock has a 50 day moving average of $9.21 and a 200 day moving average of $9.51. Amcor has a 12 month low of $8.37 and a 12 month high of $11.48. The firm has a market cap of $13.82 billion, a PE ratio of 17.08, a PEG ratio of 2.33 and a beta of 0.73. The company has a current ratio of 1.70, a quick ratio of 1.16 and a debt-to-equity ratio of 2.24.

Amcor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 22nd were paid a dividend of $0.1275 per share. This represents a $0.51 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date of this dividend was Thursday, May 22nd. Amcor’s dividend payout ratio is currently 91.07%.

Institutional Investors Weigh In On Amcor

A number of institutional investors and hedge funds have recently modified their holdings of the business. Fiduciary Financial Group LLC lifted its stake in shares of Amcor by 33.1% during the 2nd quarter. Fiduciary Financial Group LLC now owns 32,368 shares of the company’s stock worth $307,000 after acquiring an additional 8,045 shares during the last quarter. Kera Capital Partners Inc. bought a new stake in Amcor during the 2nd quarter valued at $171,000. Strs Ohio bought a new stake in Amcor during the 1st quarter valued at $1,697,000. Ellsworth Advisors LLC bought a new stake in Amcor during the 1st quarter valued at $779,000. Finally, Focus Partners Wealth raised its position in Amcor by 11.3% during the 1st quarter. Focus Partners Wealth now owns 43,137 shares of the company’s stock valued at $418,000 after purchasing an additional 4,396 shares in the last quarter. 45.14% of the stock is owned by institutional investors.

Amcor Company Profile

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.