Amcor PLC (AMCR)
NYSE:AMCR
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Amcor
(NYSE:AMCR)
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Rating:59Neutral
Price Target:
$44.00
▲(13.93% Upside)
Action:ReiteratedDate:03/11/26
The score is held back primarily by weak technicals (bearish trend and negative MACD) and pressured profitability/returns alongside meaningful leverage. Offsetting factors are solid cash generation and a constructive earnings-call outlook driven by reaffirmed guidance and accelerating synergies, with the high dividend yield providing additional support despite a higher P/E.
Positive Factors
Revenue Growth
Sustained top-line momentum (TTM +12.7%) reflects scale gains from the combined company, diversification across flexibles and rigid segments, and acquisition-driven sales. Durable revenue growth supports longer-term capacity utilization, investment plans, and the ability to fund integration and R&D.
Negative Factors
Meaningful Leverage
Elevated leverage (debt-to-equity ~1.3x; adjusted leverage ~3.6x exiting Q2) constrains financial flexibility and increases sensitivity to interest-rate moves and refinancing cycles. This limits capacity for opportunistic investment and raises the bar for sustained margin improvement to drive deleveraging.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line momentum (TTM +12.7%) reflects scale gains from the combined company, diversification across flexibles and rigid segments, and acquisition-driven sales. Durable revenue growth supports longer-term capacity utilization, investment plans, and the ability to fund integration and R&D.
Read all positive factors
Amcor (AMCR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$17.84B
Dividend Yield6.2%
Average Volume (3M)6.44M
Price to Earnings (P/E)27.3
Beta (1Y)0.46
Revenue Growth28.41%
EPS Growth-35.50%
CountryUS
Employees77,000
SectorConsumer Cyclical
Sector Strength84
IndustryPackaging & Containers
Share Statistics
EPS (TTM)0.86
Shares Outstanding462,045,700
10 Day Avg. Volume9,671,124
30 Day Avg. Volume6,442,815
Financial Highlights & Ratios
PEG Ratio-0.79
Price to Book (P/B)1.25
Price to Sales (P/S)0.97
P/FCF Ratio18.03
Enterprise Value/Market Cap1.89
Enterprise Value/Revenue1.72
Enterprise Value/Gross Profit9.44
Enterprise Value/Ebitda13.11
Forecast
1Y Price Target
$53.88Price Target Upside39.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)3.99
Revenue Forecast (FY)$22.91B
Amcor Business Overview & Revenue Model
Company Description
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 flex...
How the Company Makes Money
Amcor generates revenue primarily through the sale of its packaging products across various sectors. The company operates in two main segments: Flexibles and Rigid Packaging. Its Flexibles segment includes products like flexible films and bags, wh...
Amcor Key Performance Indicators (KPIs)
Any
Revenue by Segment
Analyzes income from different business units, highlighting which segments drive growth and profitability, and identifying areas of potential expansion or risk.
Analyzes income from different business units, highlighting which segments drive growth and profitability, and identifying areas of potential expansion or risk.
Data provided by:
The Fly
The FlyAmcor Earnings Call Summary
Earnings Call Date:Feb 03, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:May 05, 2026
Earnings Call Sentiment Positive
The call emphasized strong integration execution and accelerating synergies, delivered results in line with expectations, reaffirmed full-year EPS and free cash flow guidance, and highlighted meaningful commercial wins and balance sheet discipline. Offsetting these positives were persistent modest volume declines, short-term weak performance in a $2.5B non-core portfolio (notably North American beverage), some near-term margin and operating-leverage headwinds, and one-time integration costs. Overall, management presented confidence in mid-to-long-term value creation while acknowledging short-term market softness and non-core volatility.Positive Updates
Revenue and Profitability in Line with Expectations
Q2 revenue $5.4B, EBITDA $826M, EBIT $603M; adjusted EPS $0.86 for the quarter (adjusted EPS up 7% in Q2 and up 14% for the first half versus prior year).
Negative Updates
Volume Weakness Across the Business
Total company volumes were down ~2%–2.5% in Q2 (management cited both ~2% and ~2.5% figures); flexible volumes ~2% down on a comparable basis; core volumes ~1.5% down; Europe more challenged than North America.
Read all updates
Q2-2026 Updates
Positive
Negative
Revenue and Profitability in Line with Expectations
Q2 revenue $5.4B, EBITDA $826M, EBIT $603M; adjusted EPS $0.86 for the quarter (adjusted EPS up 7% in Q2 and up 14% for the first half versus prior year).
Read all positive updates
Company Guidance
Management reaffirmed fiscal 2026 guidance, with the CFO citing full‑year adjusted EPS of $4.00–$4.15 per share (the CEO earlier referenced $4.20–$4.50 after the one‑for‑five reverse split), implying ~12%–17% YoY adjusted EPS growth; Q3 adjusted EPS was guided to $0.90–$1.00 (including ~$70–$80M of synergies). Free cash flow was reaffirmed at $1.8–$1.9B (management expects to double FCF vs. FY2025), capex is expected at $850–$900M, adjusted leverage exited Q2 at 3.6x and is expected to be ~3.1–3.2x at year end, and a $0.65 quarterly dividend was declared. Synergy targets were reiterated at at least $260M in FY2026 and $650M through FY2028 (including $325M of procurement synergies by 2028), noting Q2 synergies of $55M and $93M year‑to‑date.Amcor Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
55
Neutral
Cash Flow
68
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.61B | 15.01B | 13.64B | 14.69B | 14.54B | 12.86B |
| Gross Profit | 3.57B | 2.83B | 2.71B | 2.73B | 2.82B | 2.73B |
| EBITDA | 2.57B | 1.77B | 1.85B | 2.13B | 1.90B | 1.92B |
| Net Income | 596.00M | 511.00M | 730.00M | 1.05B | 805.00M | 939.00M |
Balance Sheet | ||||||
| Total Assets | 37.05B | 37.07B | 16.52B | 17.00B | 17.43B | 17.19B |
| Cash, Cash Equivalents and Short-Term Investments | 1.06B | 827.00M | 588.00M | 689.00M | 775.00M | 850.00M |
| Total Debt | 16.90B | 15.01B | 7.19B | 7.21B | 6.98B | 6.75B |
| Total Liabilities | 25.40B | 25.33B | 12.57B | 12.91B | 13.29B | 12.37B |
| Stockholders Equity | 11.64B | 11.73B | 3.88B | 4.03B | 4.08B | 4.76B |
Cash Flow | ||||||
| Free Cash Flow | 1.62B | 810.00M | 829.00M | 735.00M | 999.00M | 993.00M |
| Operating Cash Flow | 1.60B | 1.39B | 1.32B | 1.26B | 1.53B | 1.46B |
| Investing Cash Flow | -2.41B | -2.10B | -476.00M | -309.00M | -527.00M | -233.00M |
| Financing Cash Flow | 1.34B | 910.00M | -857.00M | -1.02B | -891.00M | -1.18B |
Amcor Technical Analysis
Negative
38.62
Price Trends
44.34
Negative
42.76
Negative
42.53
Negative
Market Momentum
-1.79
Positive
32.54
Neutral
51.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMCR, the sentiment is Negative. The current price of 38.62 is below the 20-day moving average (MA) of 41.58, below the 50-day MA of 44.34, and below the 200-day MA of 42.53, indicating a bearish trend. The MACD of -1.79 indicates Positive momentum. The RSI at 32.54 is Neutral, neither overbought nor oversold. The STOCH value of 51.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AMCR.
Amcor Risk Analysis
Amcor disclosed 35 risk factors in its most recent earnings report. Amcor reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Amcor Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $11.28B | 16.16 | 25.41% | 1.01% | 2.94% | 893.70% | |
68 Neutral | $20.60B | 25.47 | 3.90% | 4.21% | ― | ― | |
66 Neutral | $15.77B | 15.93 | 16.89% | 1.53% | 2.87% | ― | |
64 Neutral | $18.94B | 24.15 | 16.73% | 2.42% | 7.23% | -3.88% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | $17.84B | 27.28 | 6.12% | 6.20% | 28.41% | -35.50% | |
49 Neutral | $18.77B | -5.92 | -20.43% | 4.69% | 33.71% | -517.99% |
* Consumer Cyclical Sector Average
AMCR
Amcor
38.62
-7.16
-15.65%
BALL
Ball
59.27
7.95
15.50%
CCK
Crown Holdings
99.58
11.31
12.82%
IP
International Paper Co
35.45
-15.73
-30.74%
PKG
Packaging
212.25
18.98
9.82%
SW
Smurfit Westrock
39.41
-3.87
-8.94%
Amcor Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Amcor Issues New Senior Notes to Refinance Debt
Positive
Mar 10, 2026
On March 5, 2026, Amcor Flexibles North America, Inc. completed the issuance of $1.5 billion in senior unsecured guaranteed notes, consisting of $750 million 4.250% notes due 2029 and $750 million 5.125% notes due 2036, guaranteed by Amcor plc and...
Business Operations and StrategyStock Split
Amcor Completes Reverse Stock Split and Capital Structure Changes
Neutral
Jan 15, 2026
On January 14, 2026, Amcor implemented a 1-for-5 reverse stock split previously approved by shareholders on November 6, 2025, consolidating every five ordinary shares into one and reducing its outstanding share count from about 2.3 billion to roug...
Shareholder MeetingsStock Split
Amcor Announces Reverse Stock Split Plan
Neutral
Dec 11, 2025
On December 11, 2025, Amcor announced it will proceed with a 1-for-5 reverse stock split, effective January 14, 2026, reducing its outstanding ordinary shares from approximately 2.3 billion to 461 million. This move, approved by shareholders on No...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.