Stock of the Day

January 1, 2020

Avery Dennison (AVY)

$174.25
-$3.50 (-2.0%)
Market Cap: $13.47B

About Avery Dennison

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands. The company also offers graphics and reflective products for the architectural, commercial sign, digital printing, and other related market segments; durable cast and reflective films to the construction, automotive, and fleet transportation market segments; reflective films for traffic and safety applications; and pressure-sensitive vinyl and specialty materials designed for digital imaging, screen printing, and sign cutting applications under the Avery Dennison and Mactac brand names. In addition, it provides branding solutions include brand embellishments, graphic tickets, tags, and labels, and sustainable packaging; and information solutions include item-level RFID, visibility and loss prevention, price ticketing and marking, productivity and media solutions, and brand protection and security solutions, as well as care, content, and country of origin compliance solutions. It serves home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive industries. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.

Today's Trend

Avery Dennison Corporation (NYSE: AVY) is seeing mixed investor signals. Longer-term earnings expectations and analyst sentiment remain supportive, but a sizable reduction to near-term quarterly estimates may be weighing on the stock.

  • Analysts maintain a constructive view of Avery Dennison, with the shares receiving a consensus “Moderate Buy” rating. Avery Dennison Corporation Given Consensus Rating of Moderate Buy by Analysts
  • Zacks identified three growth attributes that could support exceptional returns for AVY, reinforcing the investment case following the company’s latest earnings beat, revenue growth and upbeat longer-term outlook. Is Avery Dennison a Solid Growth Stock?
  • Zacks Research raised its FY2026 EPS estimate to $10.17 from $10.03, FY2027 to $11.06 from $10.92, and FY2028 to $11.95 from $11.88. It also increased estimates for Q1 2027, Q2 2027 and Q2 2028, suggesting stronger longer-term earnings potential.
  • Recent options-market activity has attracted attention and may indicate increased positioning or volatility in AVY, but the available report does not establish a clear bullish or bearish direction. Is the Options Market Predicting a Spike in Avery Dennison Stock?
  • Near-term earnings expectations were reduced: Q3 2026 EPS was cut to $2.31 from $2.52, while Q4 2026 EPS fell to $2.50 from $2.56. Estimates for Q3 2027 and Q4 2027 were also trimmed, potentially pressuring sentiment despite the higher full-year forecasts.

Overall, the recent decline appears tied more to caution around near-term earnings than to a deterioration in Avery Dennison’s longer-term growth outlook. Investors will likely focus on whether the company can deliver against its current-year guidance and overcome the lowered quarterly expectations.

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