Avery Dennison's (AVY)
earning reports and metrics have been a mixed bag. While
Q2 earnings beat estimates, the underlying sales targets fell short. This led to quarterly revenue stagnation, causing some stock downturn.
David Flitman's addition to the board and promise to drive food industry growth strategy has been announced. Yet the stock underperformed the
Consumer Cyclical Sector, and its stock price target was consequently lowered to $207 at
BMO Capital. The company's fundamental performance has been lackluster, with missed Q1 earnings and setbacks due to trade headwinds. On the upside, the board's approval of a
$750M stock buyback and announcements of increased quarterly dividends hint at a bull case theory. Also, investor optimism seems to be high, even as growth lacks, and some believe that the stock is undervalued. Analysts, however, carry a variety of opinions, with some expecting significant value growth and others demanding a downgrade.
Avery Dennison Stocks AVY News Analytics from Fri, 21 Jul 2017 02:14:31 GMT to Sat, 26 Jul 2025 06:21:27 GMT -
Rating -3
- Innovation -5
- Information 5
- Rumor -3
