A$63.86 close 29 Jan 2026: AMC.AX Amcor plc ASX earnings due 03 Feb, watch margins
The market closed Amcor plc (AMC.AX) at A$63.86 on 29 Jan 2026 as investors position ahead of earnings due 03 Feb 2026. AMC.AX stock trades at a PE of 29.29 and an EPS of A$2.18. Volume was 473,822 shares, below the 50-day average. This earnings spotlight focuses on margins, cash flow, and the dividend yield as the likely drivers of the next move.
Earnings preview: AMC.AX stock and the 03 Feb catalyst
Amcor reports results on 03 Feb 2026 and the market will watch margin trends and guidance. Revenue per share is A$54.75 TTM and net income per share is A$1.83 TTM. Expect commentary on raw-material inflation, selling-price pass-through, and Rigid versus Flexibles segment mix. Analysts will treat margins and cash conversion as the key takeaways for AMC.AX stock.
Valuation and key financials for AMC.AX stock
Amcor trades at A$63.86, market cap A$29.48B, and a trailing PE of 29.29. The 50-day average price is A$63.56 and the 200-day average is A$67.01, showing near-term consolidation. Return on equity is 7.49% and free cash flow yield is 5.69%. Compared with the Consumer Cyclical sector PE average of 27.87, AMC.AX stock is modestly pricier on earnings multiples.
Earnings quality shows operating cash flow per share A$4.80 and free cash flow per share A$3.71. Inventory and receivables cycles remain elongated, with days sales outstanding at 71.95 days. These working capital dynamics could shape the near-term earnings beat or miss for AMC.AX stock.
Meyka AI rates AMC.AX with a score out of 100
Meyka AI rates AMC.AX with a score out of 100: 64.53 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The rating balances a healthy dividend yield against elevated leverage and mixed margin trends.
This grade is informational only and not investment advice. Investors should weigh Amcor’s dividend against its debt-to-equity of 1.35 and interest coverage of 2.38.
Cash flow, dividends and downside risks
Amcor offers a generous trailing dividend yield of 6.24% with dividend per share A$2.80, but the payout ratio sits at 164.78%, signalling distribution pressure if earnings soften. Net debt metrics are meaningful: net debt to EBITDA is 6.94 and debt to equity is 1.35. Interest coverage near 2.38 limits flexibility.
Key risks for AMC.AX stock include raw-material cost swings, slower beverage end-markets for rigid packaging, and higher rates raising interest costs. The dividend is a draw, but sustainability depends on free cash flow and working capital improvement.
AMC.AX forecast and price target scenarios
Meyka AI’s forecast model projects a 12-month central price target of A$74.00. Versus the close at A$63.86, that implies an upside of 15.88%. Conservative and bull scenarios are A$60.00 and A$82.15 respectively, with the bull case anchored to the 52-week high. Forecasts are model-based projections and not guarantees.
Short-term technicals are neutral. RSI sits near 44.71 and ADX at 15.24 signals no strong trend. Traders may use a range strategy between A$63.00–A$68.00 while waiting for clearer guidance from the earnings report.
Earnings trade ideas and outlook for AMC.AX stock
For income investors, AMC.AX stock is attractive on yield, but heavy leverage and a high payout ratio raise caution. An income-focused trade could size positions to target yield exposure while hedging with put options below A$60.00. For earnings-driven traders, watch margin improvement in Flexibles and working capital commentary.
Sector context: Packaging & Containers faces mixed demand, and Amcor’s performance will track peers. Use earnings as a binary event that could reprice valuation toward the 200-day average or test the year low at A$59.85.
Final Thoughts
AMC.AX stock closed at A$63.86 on 29 Jan 2026 with investors focused on the 03 Feb earnings release. The stock carries a PE of 29.29, a high trailing dividend yield of 6.24%, and clear balance-sheet constraints with debt to equity of 1.35 and interest coverage 2.38. Our outlook balances a dividend-rich profile against leverage and margin risk. Meyka AI’s forecast model projects a 12-month target of A$74.00, implying a 15.88% upside from today. Forecasts are model-based projections and not guarantees. Short-term trades should weigh guidance on margins and cash conversion. Long-term investors should monitor free cash flow, dividend sustainability, and any management commentary on debt reduction. For the earnings release, watch segment margins, working capital trends, and guidance changes, as these items will determine whether AMC.AX stock re-rates toward peers or remains range-bound.
FAQs
When does Amcor report earnings and how should I watch AMC.AX stock?
Amcor reports earnings on 03 Feb 2026. Watch margins, free cash flow, and working capital. These items will move AMC.AX stock intraday and set the tone for the next quarter.
Is AMC.AX stock a dividend play given its yield?
Amcor shows a trailing dividend yield of 6.24%. The payout ratio is high at 164.78%, so dividend sustainability depends on cash flow and earnings. Treat yield with caution.
What are the main risks to AMC.AX stock after earnings?
Key risks are raw-material cost swings, weaker beverage demand, and higher interest costs. Elevated net debt to EBITDA and low interest coverage make AMC.AX stock sensitive to profit drops.
What is Meyka AI’s 12-month view on AMC.AX stock?
Meyka AI’s forecast model projects a 12-month central target of A$74.00, implying about 15.88% upside versus A$63.86. Forecasts are model-based projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
