Zacks Research recently adjusted their earnings estimates for Amcor Plcs (AMCR). Meanwhile, AMCR's Q3 2024 earnings call transcript has been released, revealing details on their financial performance. A comprehensive analysis of AMCR’s actual worth suggests that its current market pricing might not reflect its intrinsic value. Despite the steady performance of AMCR shares, market participants are advised not to rush into buying due to impending ex-dividend date. International Assets Investment Management and Cerity Partners both took significant shares in AMCR. However, the AMCR stock has recently underperformed the market on certain days. Even with a 16% ROE, investors are cautioned against buying for the next dividend. Despite this, AMCR's stock boasts strong institutional backing, with 61% of its ownership being institutional. AMCR reaffirmed its FY24 guidance amidst a CEO transition. In addition, they will pay a dividend of $0.125. However, the past year saw the AMCR stock dip 16%. Despite some hesitance regarding increasing the CEO's compensation, some believe AMCR is potentially undervalued.
Amcor Plcs AMCR News Analytics from Fri, 20 Sep 2019 21:15:30 GMT to Fri, 17 May 2024 09:30:29 GMT -
Rating 1
- Innovation 2
- Information 7
- Rumor -6
