Do Amcor Plc (NYSE: AMCR) Fit In A Value Investing Philosophy?

Currently, there are 1.44B common shares owned by the public and among those 1.44B shares have been available to trade.

The company’s stock has a 5-day price change of -4.32% and -8.29% over the past three months. AMCR shares are trading 5.60% year to date (YTD), with the 12-month market performance up to 8.18% higher. It has a 12-month low price of $8.78 and touched a high of $11.48 over the same period. AMCR has an average intraday trading volume of 10.57 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.45%, -5.17%, and -0.05% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Amcor Plc (NYSE: AMCR) shares accounts for 55.19% of the company’s 1.44B shares outstanding.

It has a market capitalization of $14.63B and a beta (3y monthly) value of 0.83. The stock’s trailing 12-month PE ratio is 19.19, while the earnings-per-share (ttm) stands at $0.53. The company has a PEG of 2.55 and a Quick Ratio of 0.74 with the debt-to-equity ratio at 1.99. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.81% over the week and 2.19% over the month.

Earnings per share for the fiscal year are expected to increase by 5.28%, and 7.63% over the next financial year. EPS should grow at an annualized rate of 7.52% over the next five years, compared to 6.70% over the past 5-year period.

Stifel coverage for the Amcor Plc (AMCR) stock in a research note released on July 09, 2024 offered a Hold rating with a price target of $10.80. Wells Fargo was of a view on June 28, 2024 that the stock is Equal Weight, while BofA Securities gave the stock Underperform rating on July 10, 2023, issuing a price target of $12.40- $9. JP Morgan on their part issued Overweight rating on May 03, 2023.

Most Popular

Related Posts