Amcor Plc's equity return of 17% highlights efficient management. Their Q4 2024 earnings report shows strong financial performance with a wide range of institutional investors, such as Cardinal Capital Management, holding a significant amount of shares (63%). Amcor's dividends have been recognized for their quality, yet market observers highlight a 16.1% increase in short interest and a decline in earnings during the past three years creating a bearish outlook. The company's shares decreased by 16% within a year, raising questions about its future performance. However, due to its competitive advantages and
potential undervaluation, some believe in Amcor's growth. Their ownership is largely institutional (61%), with Vanguard Group being a notable seller. Investment and wealth management firms, including Panagora Asset Management, HB Wealth Management, and Arkadios Wealth Advisors, have recently increased their holdings. Meanwhile, analysts have set the stock's price target at $10.68, but the company's recent performance missed some revenue expectations.
Amcor Plcs AMCR News Analytics from Fri, 20 Sep 2019 21:15:30 GMT to Sun, 01 Sep 2024 16:13:29 GMT -
Rating -3
- Innovation 3
- Information 5
- Rumor -3
