I did sell some at $16.42 and looking to top back up if it goes down further.
AMC - AMCOR LIMITED
Morgans rates AMC as Hold (3) - The combination of Amcor and Bemis creates the largest plastic packaging company in the world, Morgans notes, with the deal significantly enhancing Amcor's presence in North America.
Nevertheless, the broker remains concerned about the fall in return on funds employed (ROFE). ROFE is estimated to fall to 16% in FY22 from 19% in FY18.
The acquisition will therefore be dilutive to returns, despite assumptions that management will deliver on the cost synergy targets. Morgans maintains a Hold rating and raises the target to $15.55 from $14.14.
Target price is $15.55 Current Price is $15.65 Difference: minus $0.1 (current price is over target). If AMC meets the Morgans target it will return approximately minus 1% (excluding dividends, fees and charges - negative figures indicate an expected loss). Current consensus price target is $16.39, suggesting upside of 4.7%(ex-dividends)The company's fiscal year ends in June.
Forecast for FY19:
Morgans forecasts a full year FY19 dividend of 62.74 cents and EPS of 85.05 cents .At the last closing share price the estimated dividend yield is 4.01%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 18.40. How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 85.2, implying annual growth of N/A.Current consensus DPS estimate is 65.4, implying a prospective dividend yield of 4.2%.Current consensus EPS estimate suggests the PER is 18.4.Forecast for FY20:
Morgans forecasts a full year FY20 dividend of 68.32 cents and EPS of 96.21 cents .At the last closing share price the estimated dividend yield is 4.37%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 16.27. How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 97.6, implying annual growth of 14.6%.Current consensus DPS estimate is 70.6, implying a prospective dividend yield of 4.5%.Current consensus EPS estimate suggests the PER is 16.0.This company reports in USD.
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AMC
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I did sell some at $16.42 and looking to top back up if it goes...
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Last
$13.86 |
Change
-0.070(0.50%) |
Mkt cap ! $8.711B |
Open | High | Low | Value | Volume |
$13.96 | $13.96 | $13.86 | $29.47M | 2.107M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9534 | $13.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.88 | 850 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 10268 | 13.850 |
2 | 580 | 13.830 |
5 | 4244 | 13.820 |
5 | 5904 | 13.810 |
23 | 19848 | 13.800 |
Price($) | Vol. | No. |
---|---|---|
13.900 | 3730 | 2 |
14.050 | 1500 | 1 |
14.070 | 2025 | 1 |
14.100 | 356 | 1 |
14.150 | 4573 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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AMC (ASX) Chart |