Amcor Plc (NYSE:AMCR) has been under scrutiny recently, with shares falling and underperforming the market on multiple occasions. There are varying opinions on whether the stock is valued accurately, with some suggesting it's 29% undervalued. The company's Q3 2024 earnings call transcript was released, following which stakeholders have been buying and selling shares, including International Assets Investment Management LLC's purchase of 33859 shares and M&T Bank Corp's sale of 19835 shares. However, majority ownership (61%) is by institutional investors. There are concerns about the company's return on equity (16%) and returns on capital but prospects regarding dividend payments are also considered. The company completed a deal with India-based Phoenix Flexibles, while facing potential CEO transition. Meanwhile, the possibility of a surprise during this earnings season remains. While the company has a rather mixed performance, it still maintains competitive advantages and possesses solid upside potential.
Amcor Plcs AMCR News Analytics from Fri, 20 Sep 2019 21:15:30 GMT to Fri, 10 May 2024 12:12:09 GMT -
Rating -2
- Innovation -1
- Information 7
- Rumor -3
