Avery Dennison Analysts Show Mixed Ratings and Price Targets

Recent evaluations on Avery Dennison highlight a mix of bullish and bearish sentiments from 8 analysts. With a slight decrease in the average price target, investors may need to reconsider their positions based on the latest ratings and financial indicators detailed in the report.

Date: 03-10-2024

AI Rating: 5

The report provides a comprehensive look at Avery Dennison's current stock evaluations by analysts, revealing crucial insights into financial health and market sentiment. Here are the key points of analysis:

Earnings Per Share (EPS): The report does not provide specific data on EPS. Therefore, it cannot be analyzed.

Revenue Growth: Avery Dennison's revenue growth rate has been impressive at approximately 6.93%, which is higher than the average among peers in the Materials sector. This positive indicator suggests a strengthening market position, leading to potential upward pressure on stock prices.

Net Income: There is no mention of specific net income figures in the report, indicating no analysis can be made on this parameter.

Profit Margins: The company is experiencing challenges with a net margin of 7.91%, which is below industry benchmarks. This figure suggests potential difficulties in achieving strong profitability, which might negatively impact investor sentiment and the stock price.

Free Cash Flow (FCF): The text does not mention any data regarding free cash flow. Thus, an evaluation is not possible.

Return on Equity (ROE): The company has an ROE of 7.87%, which is below the industry average. This indicates that Avery Dennison may struggle to effectively utilize its equity capital, likely leading to investor concerns over financial efficiency and affecting stock performance.

Overall Analyst Ratings: The mixed ratings from analysts reflect cautious sentiments, with 3 bullish and 2 somewhat bullish ratings, but the recent trend shows a drop in the number of bullish perspectives. The average target price has decreased by 0.02%, demanding attention from investors regarding potential future performance.

This report highlights both the positive aspects of revenue growth and the concerns over profit margins and ROE. Investors should weigh these factors carefully when considering their positions in Avery Dennison.

Stocks: AVY