Avery Dennison Corporation (AVY) performance has been a mix of highs and lows. Although the stock underperformed the Nasdaq and experienced a 52-week low at $193.43, experts suggest that AVY could soon find support, making it an opportunity worth considering. Analysis indicates that the corporation utilizes its debt reasonably. Unigestion Holding SA and EP Wealth Advisors LLC increased their position in AVY, while National Bank of Canada FI and Jane Street Group LLC decreased theirs. The corporation beat Q3 earnings estimates and raised its FY24 view, fostering opinion that it's a top momentum stock for the long-term. Retirement Systems of Alabama and Geode Capital Management LLC hold stock positions valued at $27.81 million and $459.62 million respectively. Despite some bearish signals, with corporation insiders disposing stock and a decrease in the stock target, AVY remains a strong value stock for the long-term. Avery Dennison Corporation is driving growth with innovation and scale, and continues to expand RFID adoption in the grocery retail industry. It posted 26% EPS growth in Q2 2024 and its intrinsic value appears to be potentially 63% above its share price.
Avery Dennison Stocks AVY News Analytics from Thu, 13 Jun 2019 07:00:00 GMT to Fri, 27 Dec 2024 15:53:00 GMT -
Rating 5
- Innovation 4
- Information 8
- Rumor -6
