Avery Dennison Corporation (NYSE:AVY) has had a mixed bag of news recently. The company has reported yearly results in line with analyst expectations, with Q4 earnings revealing growth in revenue, albeit with a disappointing EPS outlook for 2025. This resulted in stocks slipping and reaching multiple 52-week lows with values such as $193.43, $174.6, and $185.48. However, despite this slip, the company's shares are reported to be undervalued, potentially by as much as 38%-44%. The corporation also announced a series of investor events and a quarterly dividend. Several financial advisors and institutes are increasing their shareholdings suggesting trust in the firm's long-term growth. One major move includes the appointment of Danny Allouche as Interim CFO. Despite sell-offs by certain higher-ups like Mitchell R. Butier, analysts remain moderately optimistic about AVY with several price target adjustments and even some upgrades. Furthermore, the corporation continues its operations expansion, specifically in RFID technology for the grocery retail industry, likely in response to increased demand.
Avery Dennison Stocks AVY News Analytics from Thu, 20 Aug 2020 07:00:00 GMT to Wed, 26 Mar 2025 18:06:00 GMT -
Rating 0
- Innovation 5
- Information 7
- Rumor 0