Notable news pieces on Amcor PLC (AMCR) have focused on a variety of factors, with potential undervaluation by up to 45% being several topics of discussion. However, recent earnings missed analyst estimates, with a miss on EPS by 16%, causing analysts to reasses their forecasts. Notably, the company's CEO, Peter Konieczny, recently purchased $1 million in the company's stock which showcases strong leadership faith in the company's future. Dividend payers will be pleased with the news that the company's next payout will be $0.1275.
Another interesting development involves a proposed merger with Berry Global, with Ancora Projects forecasting a substantial 70% upside and a potential for $4.5B EBITDA. This has raised concerns on whether the merger is balanced to shareholders. Despite skepticism from some analysts about the company's position as a dividend stock, it remains a favourite among institutional investors, holding an impressive 63% of the company. Additionally, Amcor has reported strong fiscal performance in 2024, underlining steady growth in its core business.
Amcor Plcs AMCR News Analytics from Fri, 02 Aug 2019 18:20:26 GMT to Fri, 28 Feb 2025 08:29:56 GMT - Rating 5 - Innovation 0 - Information 7 - Rumor -3
