Group 1 - Amcor plc will announce its First Quarter 2025 results on October 31, 2024, after the US market closes [1] - A conference call and webcast to discuss the results is scheduled for 5:30 PM US Eastern Daylight Time on October 31, 2024 [1] - The company generated $13.6 billion in annual sales in fiscal year 2024, with operations spanning 212 locations in 40 countries [2] Group 2 - Amcor is a global leader in responsible packaging solutions for various sectors including food, beverage, pharmaceutical, and personal care [2] - The company focuses on creating packaging that is recyclable, reusable, and made with increasing amounts of recycled content [2] - Amcor employs approximately 41,000 people worldwide [2]

Core Viewpoint - Amcor (AMCR) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimate Revisions - The Zacks Consensus Estimate for Amcor for the fiscal year ending June 2025 is projected at $0.75 per share, reflecting a 7.1% increase from the previous year's reported figure [5]. - Over the past three months, analysts have raised their earnings estimates for Amcor by 1.4% [5]. Impact of Institutional Investors - Changes in earnings estimates are closely correlated with stock price movements, largely due to institutional investors who adjust their valuations based on these estimates [3]. - An increase in earnings estimates typically leads to higher fair value calculations for stocks, prompting institutional buying or selling, which subsequently affects stock prices [3]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [4]. - The upgrade of Amcor to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [7].

Investors interested in stocks from the Containers - Paper and Packaging sector have probably already heard of Amcor (AMCR) and Packaging Corp. (PKG) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a p ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Amcor (AMCR) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Amcor is one of 212 individual stocks in the Industrial Products sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the ind ...

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ZURICH, Sept. 26, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today that its long-term carbon reduction targets have been approved by the Science Based Targets initiative (SBTi).Amcor's long-term carbon reduction targets have been approved by the Science Based Targets initiative (SBTi).Amcor's long-term goal is to achieve net-zero greenhouse gas emissions across its value chain by 2050. This commitment includes sig ...

ZURICH, Sept. 24, 2024 /PRNewswire/ -- Amcor plc (NYSE: AMCR; ASX: AMC) today announced that Graham Chipchase has been nominated as a non-executive director for election at the Company's Annual Meeting of Shareholders on Wednesday, November 6, 2024. Mr. Chipchase is Chief Executive Office of Brambles Limited (ASX: BXB), a leading supply-chain logistics company operating in more than 60 countries, a position he has held since 2017.  From 2010 to 2016, Mr. Chipchase was Chief Executive Officer of Rexam plc, a ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are th ...

jetcityimage This is a trader's market. I don't mean that everyone should be a trader. I mean that investors expecting something different than what we've had for the "average stock" should prepare for the possibility that the headwinds will be strong, for a while. When I used to play golf (poorly), it seemed as if when the wind was blowing, it was always toward me, which naturally took some distance off of my shots. Even the few good ones. I can remember some rounds, usually at vacation destinations ne ...