Avery Dennison (AVY) has exhibited a substantial portfolio, making it a
strong value stock that forecasts a promising long-term outlook. Their Q3 earnings have beaten estimates, and despite missing some expectations, delivered
positive results amid market uncertainties. The company's expansion in the
RFID Adoption in the Grocery Retail Industry signifies their innovative approach. However,
JPMorgan Chase & Co lowered their rating to neutral, with concerns of muted upside alongside RFID expansion.
Avery Dennison (AVY) updated their FY 2024 earnings guidance, with their
Q3 sales targets missing estimates.
Stock movement has shown a 3.1% increase, and it has retained a buy rating from Truist after evaluating UPM's 39% EBIT decline impact. Avery Dennison is scheduled to host their 2024 investor day in the coming weeks. On the downside, there has been a surge in
short interest and a decrease in their stock position. A bearish signal was also noted with insiders disposing of their stock.
Avery Dennison Stocks AVY News Analytics from Thu, 27 Jul 2023 07:00:00 GMT to Sat, 26 Oct 2024 14:27:50 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 2
