Amcor(AMCR)
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Taking A Small Position In Amcor
Seeking Alpha· 2024-05-15 19:25
Luis AlvarezI have a terrible confession to make, dear readers: I’m ageing. It’s as much of a shock to me as it is to thee. Anyway, among the behavioural changes such unpleasantness demands is a slight change to my investment philosophy. I’m now focusing on buying dividend paying stocks, and I’ll be limiting myself to so-called “dividend aristocrats.” My goal is to find the top 15 stocks from this universe. I’ll be judging them for their ability to maintain and grow dividends, and, of course, valuation. ...
Is Amcor (AMCR) Stock Undervalued Right Now?
Zacks Investment Research· 2024-05-09 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms o ...
4 Strong Buy Dividend Aristocrats Wall Street Loves Are Trading Just Above 52-Week Lows
24/7 Wall Street· 2024-05-09 12:32
4 Strong Buy Dividend Aristocrats Wall Street Loves Are Trading Just Above 52-Week Lows ptasha / iStock via Getty Images Investors are drawn to dividend stocks for their reliable income and the potential for a robust total return. Total return encompasses interest, capital gains, dividends, and distributions accumulated over time. The total return on an investment or portfolio is a combination of income and stock appreciation, providing a stable and secure investment option.For example, if you buy a stock ...
Amcor: An Underpriced Fundamentally Sound Company
Seeking Alpha· 2024-05-09 06:14
ULTRA.F/DigitalVision via Getty Images Investment Thesis Amcor plc's (NYSE:AMCR) growth over the past 6 years was driven by acquisitions. While there were mixed signals about its track record in improving operating and capital efficiencies, there was a top-line and bottom-line growth. There were also uptrends on the various return metrics. The Group is financially sound with a very low Reinvestment rate. A valuation assuming zero or low Reinvestment rates showed that there is more than a 30% margin of safet ...
4 Dividend Aristocrats To Buy In May Plus 4 To Watch
Seeking Alpha· 2024-05-08 16:04
cynoclub/iStock via Getty Images Foreword As a supplement to this article, please note that Kiplinger has published an on-line slide-show detailing the latest 2024 S&P Dividend Aristocrats. The article, entitled The S&P 500 Dividend Aristocrats, is by Dan Burrows, a contributing editor. S&P Dow Jones Indices rebalances the S&P 500 Dividend Aristocrats every January, the Aristocratic population now stands at 67 . There were two changes to the Dividend Aristocrats announced in January 2024. Walgreens Boot ...
5 Stocks at the Forefront of S&P 500 ETF's Latest Rally
Zacks Investment Research· 2024-05-08 15:56
Wall Street has regained momentum in recent sessions, with the S&P 500 Index logging in the fourth consecutive gain. The benchmark reclaimed the 5,200 level in the latest trading session before ending below the level. This can be attributed to solid corporate earnings and renewed bets for Fed rate cuts that have rekindled investors’ interest in the stock market. Additionally, the resurgence in tech stocks with the resumption of the AI craze added to the strength (read: S&P 500's Best 3-Day Run in 2024: ETF ...
Amcor (AMCR) Q3 Earnings Beat, Revenues Dip Y/Y on Low Volumes
Zacks Investment Research· 2024-05-01 17:55
Amcor Plc (AMCR) reported third-quarter fiscal 2024 (ended Mar 31, 2024) adjusted earnings per share (EPS) of approximately 18 cents, which beat the Zacks Consensus Estimate of 17 cents. This represents a 1.7% increase from the year-ago quarter, marking a return to growth after four consecutive quarters of decline. The growth is primarily attributed to the realization of benefits from structural cost initiatives.Including special items, the company reported earnings per share (EPS) of 13 cents compared with ...
Amcor(AMCR) - 2024 Q3 - Quarterly Report
2024-05-01 10:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-38932 AMCOR PLC (Exact name of Registrant as specified in its charter) Jersey 98-1455367 (State or other jurisdiction ...
Amcor(AMCR) - 2024 Q3 - Earnings Call Transcript
2024-05-01 02:10
Amcor plc (NYSE:AMCR) Q3 2024 Earnings Conference Call April 30, 2024 5:30 PM ET Company Participants Tracey Whitehead - Head, Investor Relations Peter Konieczny - Interim Chief Executive Officer Michael Casamento - Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird Daniel Kang - CLSA Adam Samuelson - Goldman Sachs John Purtell - Macquarie Richard Johnson - Jefferies James Wilson - Jarden Australia George Staphos - Bank of America Brook Campbell - Barrenjoey Keith Chau - MST Camer ...
Amcor(AMCR) - 2024 Q3 - Quarterly Results
2024-04-30 20:12
Exhibit 99.1 ELEASE Amcor reports third quarter result and raises fiscal 2024 Adjusted EPS guidance March 2024 quarter: GAAP diluted EPS of 12.9 cps; GAAP net income of $187 million Adjusted EBIT of $397 million up 3% on a comparable constant currency basis Adjusted EPS of 17.8 cps, up 1% on a comparable constant currency basis YTD Highlights - Nine Months Ended March 31, 2024 • Net sales of $10,105 million; • GAAP Net income of $473 million; GAAP diluted earnings per share (EPS) of 32.7 cps; • Adjusted EPS ...