Amcor PLC Stock Rises 0.50%, Lags Behind S&P 500 Index SPX Increase of 0.84%
January 12, 2023
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Amcor ($NYSE:AMCR) PLC is a leading global manufacturer of packaging and plastic products. Amcor PLC is listed on the NYSE and the ASX and is one of the most widely held stocks in Australia. Wednesday saw Amcor’s stock rise 0.50% to $12.18, however this was not enough to keep pace with the S&P 500 Index SPX which rose by 0.84%. This large increase in the index was largely driven by positive sentiment from the US Federal Reserve’s decision to keep interest rates at near-record lows. Despite not being able to keep pace with the index, Amcor PLC has still performed strongly over the past year, with its stock up almost 10%. The company’s stock has been boosted by a number of positive developments, such as its acquisition of Bemis Company, Inc., a US-based manufacturer of flexible packaging solutions. This acquisition has helped to solidify Amcor’s position in the US market and expand its product offerings.
Furthermore, Amcor has also benefited from strong demand for its products due to the ongoing pandemic, as well as its focus on developing sustainable packaging solutions. These factors have all contributed to the strong performance of its stock over the past year. Overall, while Amcor PLC’s stock rose 0.50% on Wednesday, it still lagged behind the S&P 500 Index SPX which increased by 0.84%. Despite this, the company’s stock has still performed strongly over the past year, with its stock up almost 10%.
Market Price
On Wednesday, Amcor PLC stock opened at $12.2 and closed at $12.2, up by 0.5% from the last closing price of $12.1. So far, media exposure for Amcor PLC has been mostly positive. Analysts have been positive about the company’s long-term prospects and they see good value in the company’s stock. Many investors and analysts believe that Amcor PLC has been undervalued and that its current stock price could be a good entry point for investors. It produces a wide range of products across multiple industries, including consumer goods, food and beverage, medical and pharmaceuticals, and industrial products. The company is well-positioned to benefit from the increasing demand for packaging solutions driven by growth in e-commerce and other digital channels.
Its broad portfolio of products, services, and technologies enable it to provide integrated solutions to its customers around the world. The acquisition will help Amcor PLC expand its product offerings and increase its presence in the global packaging market. Overall, Amcor PLC’s stock has had a good run and is expected to continue rising as the company continues to execute its strategies and benefit from strong demand for packaging solutions. Investors should keep an eye on the company’s performance and look out for opportunities to invest in this undervalued stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amcor Plc. More…
| Total Revenues | Net Income | Net Margin |
| 14.84k | 832 | 6.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amcor Plc. More…
| Operations | Investing | Financing |
| 1.38k | -622 | -632 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amcor Plc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 17.29k | 13.32k | 2.74 |
Key Ratios Snapshot
Some of the financial key ratios for Amcor Plc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.4% | 16.9% | 8.8% |
| FCF Margin | ROE | ROA |
| 5.7% | 20.1% | 4.7% |
VI Analysis
Investors interested in stable and high revenue or earning growth may be interested in AMCOR PLC, a company classified as a ‘gorilla’ by the VI Star Chart. Its long term potential is reflected in its high health score of 8/10, indicating the company is able to pay off debt and fund future operations. In terms of investor opportunity, AMCOR PLC is strong in dividend, medium in growth and profitability, and weak in asset. This indicates a high potential for growth, but with low risk as the company is able to pay off its debts. The company’s position in terms of stability and growth offers investors a great opportunity to invest in a company that can deliver both short-term and long-term returns. AMCOR PLC also has a good track record of delivering returns to investors. The company’s financials have shown consistent growth over time and its current strategy looks set to ensure that continues. This makes AMCOR PLC an attractive option for those looking for a reliable and consistent growth stock. For investors looking for a solid investment with a low risk profile, AMCOR PLC is an excellent choice. The combination of strong fundamentals and potential growth make AMCOR PLC an attractive option for both short-term and long-term investors. With its ability to pay off debt and fund future operations, investors can rest assured that their money is in safe hands with this company. More…
VI Peers
The company’s primary competitors are Huhtamäki Oyj, Robinson PLC, and Southern Packaging Group Ltd. All three companies are global leaders in the packaging industry with a strong presence in Europe and North America.
– Huhtamäki Oyj ($LTS:0K9W)
Huitamäki is a Finnish packaging company with a focus on sustainable food packaging solutions. The company has a strong focus on reducing its environmental impact, and has set a goal to be carbon neutral by 2040. The company’s products are used by some of the world’s leading food and beverage brands.
– Robinson PLC ($LSE:RBN)
Robinson PLC is a British company that manufactures and sells office products. It has a market cap of 14.24 million as of 2022 and a return on equity of 9.8%. The company was founded in 1887 and is headquartered in London, England. Robinson PLC’s products include office furniture, stationery, and office supplies. The company sells its products through a network of retailers in the United Kingdom and Europe.
– Southern Packaging Group Ltd ($SGX:BQP)
Southern Packaging Group Ltd is a packaging company that operates in Australia and New Zealand. The company has a market cap of 29.89M as of 2022 and a return on equity of 1.31%. Southern Packaging Group Ltd provides packaging solutions for a wide range of industries including food and beverage, pharmaceutical, and cosmetic. The company offers a variety of packaging products such as corrugated boxes, plastic containers, and glass bottles. Southern Packaging Group Ltd is a publicly traded company listed on the Australian Securities Exchange.
Summary
Investing in Amcor PLC (AMC) is a good option for investors looking for a reliable stock that has seen steady gains. The stock has risen 0.50% in recent trading, lagging behind the S&P 500 Index SPX which has increased by 0.84%. Media coverage of the company has been mostly positive, with analysts pointing to its strong balance sheet, strong cash flow and low debt-to-equity ratio as reasons for its sustained performance.
Amcor PLC also has a high dividend yield and looks attractive to long-term investors. Its diversified portfolio and strong presence in different markets makes it a good choice for investors looking for a reliable stock to add to their portfolios.
