Avery Dennison Co. (NYSE:AVY) has maintained a "Moderate Buy" recommendation from analysts and brokerages. Despite several significant stakeholders trimming their holdings, others have increased their stakes or started new positions in the firm. The company's robust 122% return over five years, successful surpassing of Q4's estimates, and achieving a new 1-year high at $231.53 highlights its growth potential. In recent news, AVY displayed financial stability and performance beating both EPS and revenue for Q1 2024. It also increased dividends to $0.88, marking an increase from the previous year. The corporation expanded its product portfolio by acquiring ACPO. However, AVY’s Q4 earnings slightly lagged estimates. With a present stock price of $227, the company is being watched closely for potential undervaluation. The performance of AVY has also outpaced its peers in the industrial products sector this year.
Avery Dennison Stocks AVY News Analytics from Mon, 22 Jun 2015 01:47:06 GMT to Sun, 30 Jun 2024 13:58:10 GMT -
Rating 8
- Innovation 0
- Information 9
- Rumor -3