What 7 Analyst Ratings Have To Say About Avery Dennison

During the last three months, 7 analysts shared their evaluations of Avery Dennison AVY, revealing diverse outlooks from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts have recently evaluated Avery Dennison and provided 12-month price targets. The average target is $224.0, accompanied by a high estimate of $249.00 and a low estimate of $208.00. Surpassing the previous average price target of $211.50, the current average has increased by 5.91%.

Investigating Analyst Ratings: An Elaborate Study

The perception of Avery Dennison by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Avery Dennison. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Avery Dennison compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Avery Dennison's stock. This analysis reveals shifts in analysts' expectations over time.

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.

Get to Know Avery Dennison Better

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.

Financial Insights: Avery Dennison

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Revenue Growth: Avery Dennison's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately -9.44%. This indicates a decrease in the company's top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Avery Dennison's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.59% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Avery Dennison's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.78% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Avery Dennison's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.69%, the company showcases efficient use of assets and strong financial health.

Debt Management: Avery Dennison's debt-to-equity ratio is below the industry average at 1.61, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Significance of Analyst Ratings Explained

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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