The Analyst Landscape: 5 Takes On Avery Dennison

In the preceding three months, 5 analysts have released ratings for Avery Dennison AVY, presenting a wide array of perspectives from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $228.4, a high estimate of $240.00, and a low estimate of $218.00. This current average reflects an increase of 7.13% from the previous average price target of $213.20.

Diving into Analyst Ratings: An In-Depth Exploration

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.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Avery Dennison. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Avery Dennison compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Avery Dennison's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Avery Dennison's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Avery Dennison analyst ratings.

Delving into Avery Dennison's Background

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.

Key Indicators: Avery Dennison's Financial Health

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Revenue Growth: Avery Dennison's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 4.18%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Materials sector.

Net Margin: Avery Dennison's net margin is impressive, surpassing industry averages. With a net margin of 6.78%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Avery Dennison's ROE stands out, surpassing industry averages. With an impressive ROE of 6.83%, 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 1.75%. This signifies efficient management of assets and strong financial health.

Debt Management: Avery Dennison's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.52.

How Are Analyst Ratings Determined?

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.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.