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To get the latest AMC stock quote, you can check the company's official website or use a reliable financial website such as Yahoo Finance or Google Finance.
AMC Entertainment Holdings, Inc. is a leading movie theater chain with over 950 locations worldwide, making it one of the largest movie theater companies globally.
For real-time market insights, you can also follow AMC's social media accounts or sign up for their investor relations newsletter.
By staying up-to-date with the latest market trends and news, you can make informed investment decisions about AMC stock.
Stock Performance
Amcr stock quote is a great way to stay up-to-date on the performance of Amcor PLC. In 2024, the company's revenue was $13.64 billion, a decrease of -7.17% compared to the previous year's $14.69 billion.
The stock's performance is also worth noting. As of the latest available data, the previous close was $9.89, with a day range of $9.77 to $9.92. This indicates that the stock price has been relatively stable over the short term.
The market capitalization of Amcr is a significant $14,294,413,000, listed on the NYSE primary exchange. This gives investors an idea of the company's size and value.
Here's a summary of the stock's key performance metrics:
These numbers provide a snapshot of the company's financial health and growth prospects.
Company News
Amcor has agreed to buy Berry Global Group in a roughly $8.4 billion stock swap, creating a consumer and healthcare packaging company with annual revenue of about $24 billion.
This massive deal is expected to create a packaging giant, with the combined company offering a broader product range and capabilities to support higher growth for customers.
Amcor is trading undervalued compared to its key peers, making it a compelling buy opportunity for investors.
The acquisition is an all-stock deal valuing Berry at $8.43 billion, and it's expected to accelerate the development of sustainable packaging solutions.
J.P. Morgan analysts have reinstated coverage of Berry Global Group with an Overweight rating and set a price target of $76, highlighting the compelling value of the announced merger.
The combined company will have the resources to invest in research and development, driving innovation and growth in the packaging industry.
Amcor's buyout of Berry Global is a significant move that will shape the future of the packaging industry, and investors are eagerly awaiting the completion of the deal.
Analyst Insights
Analysts are generally bullish on Amcor, with an average rating of "Hold" and a 12-month stock price forecast of $10.94, representing an 11.52% increase from the latest price.
The majority of analysts are optimistic about Amcor's future, with only a few downgrades in the past year. For instance, Bank of America Merrill Lynch downgraded Amcor to "Sell" in July 2023, but this was an isolated instance.
Analysts expect Amcor's revenue to increase significantly in the coming years, with estimates ranging from $13,845 USD in 2025 to $14,205 USD in 2026.
Here's a summary of analyst estimates for Amcor's revenue and earnings:
Berry Global Buyout Opportunity
Amcor has agreed to buy Berry Global Group in a roughly $8.4 billion stock swap. This will create a consumer and healthcare packaging company with annual revenue of about $24 billion.
The combination of Amcor and Berry Global will expand their product offering and capabilities to support higher growth for customers. This merger will also accelerate the development of sustainable packaging solutions.
J.P. Morgan analysts have reinstated coverage of Berry Global with an Overweight rating, emphasizing the compelling value of the announced merger. They've set a price target of $76 on Berry Global.
The shares of Amcor are trading undervalued compared to key peers, making it an attractive buy opportunity.
Analyst Forecast
Analysts are predicting a 11.52% increase in Amcor's stock price within the next 12 months, with an average forecast of $10.94.
The analysts' consensus is a "Hold" rating for Amcor stock, with 6 analysts weighing in on the company. This suggests a neutral outlook on the stock's performance.
A closer look at the analysts' opinions reveals a mix of positive and negative views, with some analysts maintaining a "Buy" rating while others have downgraded their rating to "Sell".
Here are some key analyst forecasts for Amcor:
These analyst opinions provide valuable insights into the company's performance and potential future growth.
Insider Activity and Dividends
Insider activity in Amcor is a notable aspect of the company's stock performance. Insider buying and selling can provide valuable insights into the company's prospects.
Bertone Andrea E. and Long Nicholas T. sold a combined 13,368 shares on December 2, 2024, at a price of $10.55 per share. This sale of stock by insiders could be a sign of a decrease in confidence in the company's future prospects.
On the other hand, several insiders bought shares in December 2024. For example, CARTER SUSAN K bought 15,250 shares on December 1, 2024, and Liebelt Graeme Richard bought 28,772 shares on the same date.
Here is a summary of the insider activity in December 2024:
Insider Activity
Insider Activity is a key indicator of a company's potential performance. Insider buying and selling can signal investor confidence, or lack thereof.
Amcor's insiders have been actively trading shares in the past few months. In fact, on December 1, 2024, multiple insiders bought shares, including Bertone Andrea E., who purchased 15,365 shares, and Long Nicholas T., who bought 15,977 shares.
Insiders who sold shares include Wilson Ian, who sold 512,804 shares on October 14, 2024. Konieczny Peter also sold shares on September 4 and 3, 2024, with 12,814 and 2,890 shares, respectively.
Some insiders sold a significant number of shares, such as Wilson Ian, who sold 1,018,958 shares over two transactions on October 14, 2024.
Dividend Calendar
If you're looking to invest in a company with a reliable dividend, it's essential to check their dividend calendar. Amcor PLC Registered Shs has a consistent dividend payout, with a yield of 5.09% in 2024.
The company's dividend history is impressive, with a yield of 4.88% in 2023 and 3.84% in 2022. This suggests a steady growth in dividend payments over the years.
Here's a breakdown of Amcor's dividend calendar:
As you can see, Amcor's dividend yield has been steadily increasing over the years. This is a promising sign for investors looking for a reliable source of income.
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