Avery Dennison Corp Scores High in Growth Strategy Assessment

A recent report highlights Avery Dennison Corp's strong performance in growth investing, achieving a 77% rating through a notable investment strategy. This positive rating may influence investor sentiment and the stock's market value.

Date: 15-10-2024

AI Rating: 7

Avery Dennison Corp (AVY) has received a favorable rating of 77% based on its underlying fundamentals and valuation according to a specific growth investing strategy linked to Partha Mohanram. This score suggests that the stock displays potential for sustained future growth, as it meets various criteria of the strategy.

The favorable points noted in the report include:

Book/Market Ratio: PASS
Return on Assets: PASS
Cash Flow from Operations to Assets: PASS
Cash Flow from Operations to Assets vs. Return on Assets: PASS
Return on Assets Variance: PASS
Sales Variance: PASS
Research and Development to Assets: PASS

However, there are two criteria where Avery Dennison did not meet expectations:

Advertising to Assets: FAIL
Capital Expenditures to Assets: FAIL

From these results, it is evident that the company is performing well in several key financial metrics that could reassure investors looking for growth. The score above 80% indicates an interest in the stock, while the strong fundamentals contribute to a positive outlook for the company.

Stocks: AVY