Avery Dennison Corp (AVY) concluded trading on Wednesday at a closing price of $205.15, with 0.46 million shares of worth about $94.37 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.20% during that period and on November 27, 2024 the price saw a gain of about 0.26%. Currently the company’s common shares owned by public are about 80.50M shares, out of which, 79.09M shares are available for trading.
Stock saw a price change of 3.80% in past 5 days and over the past one month there was a price change of -0.50%. Year-to-date (YTD), AVY shares are showing a performance of 1.48% which increased to 8.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $187.93 but also hit the highest price of $233.48 during that period. The average intraday trading volume for Avery Dennison Corp shares is 532.75K. The stock is currently trading 1.04% above its 20-day simple moving average (SMA20), while that difference is down -2.37% for SMA50 and it goes to -5.11% lower than SMA200.
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Avery Dennison Corp (NYSE: AVY) currently have 80.50M outstanding shares and institutions hold larger chunk of about 92.89% of that.
The stock has a current market capitalization of $16.48B and its 3Y-monthly beta is at 0.88. PE ratio of stock for trailing 12 months is 24.64, while it has posted earnings per share of $8.33 in the same period. Its PEG reads 1.78 and has Quick Ratio of 0.62 while making debt-to-equity ratio of 1.32. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AVY, volatility over the week remained 1.56% while standing at 1.54% over the month.
Stock’s fiscal year EPS is expected to rise by 19.56% while it is estimated to increase by 11.45% in next year. EPS is likely to grow at an annualized rate of 13.82% for next 5-years, compared to annual growth of 3.29% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on October 24, 2024 offering a Neutral rating for the stock and assigned a target price range of between $230 and $210 to it. Coverage by BofA Securities stated Avery Dennison Corp (AVY) stock as a Buy in their note to investors on October 17, 2024, suggesting a price target of $250 for the stock. On October 07, 2024, Barclays Initiated their recommendations, while on July 25, 2024, UBS Downgrade their ratings for the stock with a price target of $235. Stock get a Buy rating from Stifel on July 09, 2024.
