Avery Dennison Corp. [AVY] stock is trading at $219.91, down -0.87%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AVY shares have gain 0.86% over the last week, with a monthly amount glided 4.53%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Avery Dennison Corp. [NYSE: AVY] stock has seen the most recent analyst activity on July 25, 2024, when UBS downgraded its rating to a Neutral and also revised its price target to $235 from $262. Previously, Stifel started tracking the stock with Buy rating on July 09, 2024, and set its price target to $274.60. On January 03, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $214 on the stock. BofA Securities downgraded its rating to a Underperform but stick to its price target of $208 on January 02, 2024. UBS upgraded its rating to Buy for this stock on August 23, 2023, and upped its price target to $220. In a note dated December 15, 2022, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $200 to $205.
Avery Dennison Corp. [AVY] stock has fluctuated between $165.21 and $233.48 over the past year. Currently, Wall Street analysts expect the stock to reach $235 within the next 12 months. Avery Dennison Corp. [NYSE: AVY] shares were valued at $219.91 at the most recent close of the market. An investor can expect a potential return of 6.86% based on the average AVY price forecast.
Analyzing the AVY fundamentals
Avery Dennison Corp. [NYSE:AVY] reported sales of 8.60B for the trailing twelve months, which represents a growth of 6.93%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.29 and Total Capital is 0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 218.49 points at the first support level, and at 217.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 221.82, and for the 2nd resistance point, it is at 223.72.
Ratios To Look Out For
For context, Avery Dennison Corp.’s Current Ratio is 0.90. Also, the Quick Ratio is 0.60, while the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 2.06, the price to book ratio is 7.75 and price to earnings (TTM) ratio is 28.25.
Transactions by insiders
Recent insider trading involved Butier Mitchell R, Executive Chairman, that happened on Aug 22 ’24 when 10000.0 shares were sold. Executive Chairman, Butier Mitchell R completed a deal on Aug 23 ’24 to sell 7108.0 shares. Meanwhile, Officer Butier Mitchell R bought 7108.0 shares on Aug 23 ’24.
