Avery Dennison (NYSE:AVY - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 9.800-10.200 for the period, compared to the consensus estimate of 10.440. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on the stock. Barclays lowered their price objective on shares of Avery Dennison from $250.00 to $245.00 and set an "overweight" rating on the stock in a research note on Monday, October 28th. JPMorgan Chase & Co. lowered Avery Dennison from an "overweight" rating to a "neutral" rating and decreased their price target for the company from $230.00 to $210.00 in a research note on Thursday, October 24th. BMO Capital Markets dropped their price objective on shares of Avery Dennison from $252.00 to $247.00 and set an "outperform" rating for the company in a report on Thursday, October 24th. Citigroup cut their price target on Avery Dennison from $228.00 to $202.00 and set a "neutral" rating for the company in a report on Monday, January 6th. Finally, UBS Group cut their price target on Avery Dennison from $235.00 to $207.00 and set a "neutral" rating on the stock in a research note on Friday, January 10th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, Avery Dennison presently has an average rating of "Moderate Buy" and a consensus price target of $235.05.
Get Our Latest Research Report on Avery Dennison
Avery Dennison Trading Down 5.3 %
Avery Dennison stock traded down $10.24 during midday trading on Thursday, hitting $182.67. 2,335,161 shares of the stock were exchanged, compared to its average volume of 742,950. Avery Dennison has a 52 week low of $179.20 and a 52 week high of $233.48. The company has a quick ratio of 0.62, a current ratio of 0.92 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $14.68 billion, a PE ratio of 21.93, a P/E/G ratio of 1.36 and a beta of 0.89. The company has a fifty day simple moving average of $193.87 and a two-hundred day simple moving average of $206.51.
Avery Dennison (NYSE:AVY - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The industrial products company reported $2.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.39 by ($0.01). Avery Dennison had a net margin of 7.76% and a return on equity of 33.01%. Equities research analysts anticipate that Avery Dennison will post 9.41 EPS for the current fiscal year.
Insider Activity
In related news, SVP Nicholas Colisto sold 3,679 shares of the firm's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $206.00, for a total value of $757,874.00. Following the completion of the transaction, the senior vice president now owns 7,126 shares of the company's stock, valued at approximately $1,467,956. This trade represents a 34.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.10% of the stock is currently owned by company insiders.
Avery Dennison Company Profile
(
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Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.
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