← Back|AMCRAmcor plc
42.83 USD-0.9%Consumer Cyclical
About the company

Amcor plc makes packaging products, including flexible plastic packaging, rigid containers and specialty packaging used across food, beverage, healthcare and personal care industries worldwide. Its packaging products protect and preserve goods throughout manufacturing, distribution and retail, giving Amcor steady underlying demand tied to consumer product consumption rather than more cyclical industrial or capital equipment spending. The company operates a large global manufacturing footprint, serving major consumer product and food companies across many countries, giving it scale advantages in packaging material sourcing and manufacturing efficiency. Amcor's revenue tends to be relatively stable since packaging is a non-discretionary input for the consumer staples and healthcare products its customers sell, though the company's profitability can be affected by fluctuating resin and other raw material costs used in its packaging manufacturing.

Overall
4.8
Market Cap
$19.8B
P/E (ttm)
34.5
Analyst Target
47.99 USD
+12.1%
Data as of 04:26 ·