Is Amcor Plc (NYSE: AMCR) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

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Stocks Info

Amcor Plc is listed on the NYSE in the Consumer Cyclical sector while operating in the Packaging & Containers industry. The current market capitalization of Amcor Plc is $14.58B. A total of 6.32 million shares were traded on the day, compared to an average of 8.93M shares.

In the most recent transaction, Roegner Eric V bought 1,560 shares of AMCR for 9.10 per share on Feb 09 ’24. After the transaction, the PRESIDENT,AMCOR RIGID PKG now owns 520 company shares. In a previous transaction on Feb 09 ’24, Guerra Karen Jane sold 25,000 shares at 9.02 per share. AMCR shares that Director owns now total 75,424.

Among the insiders who sold shares, NAYAR ARUN disposed of 10,261 shares on Dec 01 ’23 at a per-share price of $9.39. This resulted in the Director holding 52,527 shares of AMCR after the transaction. In another insider transaction, Long Nicholas T. sold 9,699 shares at $9.39 per share on Dec 01 ’23. Company shares held by the Director now total 36,922.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Amcor Plc pays an annual dividend of $0.49, resulting in a dividend yield of 4.91%, and it has a price to earnings (P/E) ratio of 22.42. AMCR’s most recent ex-dividend date was 5/21/2024 when it declared a $0.1250 quarterly dividend that was paid in cash on 6/11/2024. Previously, the company paid the dividend on 3/19/2024 with an ex-dividend date of 2/27/2024. The AMCR stock dividend was $0.1250 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, AMCR has a high of $10.53 and a low of $8.45.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. AMCR’s latest balance sheet shows that the firm has $775.00M in Cash & Short Term Investments as of fiscal 2022. There were $6.98B in debt and $5.10B in liabilities at the time. Its Book Value Per Share was $2.73, while its Total Shareholder’s Equity was $4.14B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMCR is Buy with a score of 2.88.

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