With a market cap of $21.7 billion, Amcor plc (AMCR) is a global leader in consumer packaging and dispensing solutions, serving the nutrition, health, beauty and wellness sectors with flexible and rigid packaging, cartons and closures. With operations spanning more than 400 locations across over 40 countries, Amcor combines packaging innovation and sustainability expertise to deliver functional and more sustainable solutions for customers and consumers.
Shares of the Zurich, Switzerland-based company have outperformed the broader market over the past 52 weeks. AMCR stock has increased 23.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 13.6%. Moreover, shares of the company have risen 16.2% on a YTD basis, compared to SPX's 12.4% return.
Looking closer, shares of the global packaging company have lagged behind the State Street Materials Select Sector SPDR ETF's (XLB) 26.1% gain over the past 52 weeks.
Amcor reported stronger-than-expected Q4 2026 results on Aug. 12, with sales of $6.40 billion and adjusted EPS of $1.23, supported by higher pricing and improved volumes in categories such as pet food and beauty. The company passed approximately $280 million in higher raw-material costs on to customers, while flexible packaging volumes increased about 1% and the decline in rigid packaging volumes narrowed to 1% from 4% a year earlier.
For the fiscal year ending in December 2026, analysts expect Amcor's adjusted EPS to decrease 54.5% year-over-year to $1.83. The company's earnings surprise history is promising. It has exceeded or met the consensus estimates in each of the last four quarters.
Among the 17 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on nine “Strong Buy” ratings and eight “Holds.”
This configuration is slightly less bullish than three months ago, with 10 “Strong Buy” ratings on the stock.
On Jul. 15, Wells Fargo raised its price target on Amcor to $43 and maintained an “Equal Weight” rating.
The mean price target of $50.57 represents a 4.3% premium to AMCR’s current price levels. The Street-high price target of $62.41 suggests a 28.7% potential upside.
On the date of publication, Sohini Mondal did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.