| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Avery Dennison (NYSE:AVY) in the last three months.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 4 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 3 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $238.86, a high estimate of $253.00, and a low estimate of $220.00. Witnessing a positive shift, the current average has risen by 4.57% from the previous average price target of $228.43.
The analysis of recent analyst actions sheds light on the perception of Avery Dennison by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Ghansham Panjabi | Baird | Raises | Outperform | $250.00 | $230.00 |
| Bill Selesky | Argus Research | Raises | Buy | $245.00 | $240.00 |
| Michael Roxland | Truist Securities | Raises | Buy | $253.00 | $248.00 |
| Jeffrey Zekauskas | JP Morgan | Raises | Overweight | $220.00 | $218.00 |
| Matt Roberts | Raymond James | Raises | Outperform | $240.00 | $225.00 |
| Ghansham Panjabi | Baird | Raises | Outperform | $230.00 | $215.00 |
| Anthony Pettinari | Citigroup | Raises | Neutral | $234.00 | $223.00 |
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Avery Dennison's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Avery Dennison analyst ratings.
Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification, or RFID, inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Over the 3 months period, Avery Dennison showcased positive performance, achieving a revenue growth rate of 4.18% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Net Margin: Avery Dennison's net margin excels beyond industry benchmarks, reaching 8.01%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Avery Dennison's ROE stands out, surpassing industry averages. With an impressive ROE of 7.96%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Avery Dennison's ROA excels beyond industry benchmarks, reaching 2.09%. This signifies efficient management of assets and strong financial health.
Debt Management: Avery Dennison's debt-to-equity ratio is below the industry average. With a ratio of 1.47, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: AVY
