Amcor plc (NYSE:AMCR) traded at $10.9 at last check on Wednesday, Sep 23, making a downturn move of -1.27% on its previous day’s price.
Looking at the stock we see that its previous close was $11.04 and the beta (5Y monthly) reads 0. The company has a 12-month trailing PE ratio of 28.45. In terms of its 52-week price range, AMCR has a high of $11.59 and a low of $5.8. The company’s stock has gained about -0.63% over that past 30 days.
There have been no upward or downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the AMCR stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 14 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 6 have rated the Amcor plc (AMCR) stock as a Hold, while 6 rate it as a Buy. 1 analysts rate it as outperform while none of them rated it as underperform, whereas 1 suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the AMCR stock currently stands at 5.23, and the current price level is -1.84% off its SMA20 and -0.51% from its 50-day simple moving average. The RSI (14) is pointing at 44.9 while the volatility over the past week is 2.21% and jumps to 2.26% over the past one month. The beta value is 0, while the average true range (ATR) is currently pointing at 0.27. The average price target for the stock over the next 12 months is $11.68, with the estimates having a low of $9.5 and a high of $13.28. These price ends are -12.84% and +21.83% off the current price level respectively, although investors could be excited at the prospect of a +7.8% if the AMCR share price touches on the median price of $11.75.