Avery Dennison: Despite Growth Prospects, A Downgrade Is In Store [Seeking Alpha]
Avery Dennison Corporation (AVY)
Last avery dennison corporation earnings: 4/29 06:45 am
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US:NYSE Investor Relations:
investors.averydennison.com/investor-overview
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Source: Seeking Alpha
The company's revenue declined by 7.5% in 2023 due to a reduction in volume and inventory destocking, but management expects profitability to improve this year. Even so, and even after factoring in good growth prospects, the stock is pricey compared to similar firms. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » One of the challenges about investing in the market is that investors can sometimes conflate a good company with good potential with a good investment. There are plenty of fantastic businesses on the market that I would never buy shares of because, while I believe in their potential in the long run, the price just is not right. And there are others that are the exact opposite of this. One firm that I was previously bullish on that I have now decided to downgrade from a ‘buy' to a ‘hold' is Avery Dennison NYSE: AVY ). To some investors, this may be viewed as an affront to t
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AVY
News
- Global $1.1 Bn Fire Resistant Tapes Market Forecast to 2028 with 3M, Scapa, Avery Dennison, Nitto Denko, Saint Gobain, Shurtape, Tesa, Americover, Boyd, Rogers, Tape-Pak, Nichiban Dominating [Yahoo! Finance]Yahoo! Finance
- Avery Dennison Co. (NYSE: AVY) had its price target raised by analysts at Truist Financial Co. from $248.00 to $253.00. They now have a "buy" rating on the stock.MarketBeat
- Avery Dennison Corporation (NYSE:AVY) Just Released Its First-Quarter Earnings: Here's What Analysts Think [Yahoo! Finance]Yahoo! Finance
- Avery Dennison Co. (NYSE: AVY) had its price target raised by analysts at JPMorgan Chase & Co. from $218.00 to $220.00. They now have an "overweight" rating on the stock.MarketBeat
- Avery Dennison Increases Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
AVY
Earnings
- 4/24/24 - Beat
AVY
Sec Filings
- 5/1/24 - Form 144
- 4/30/24 - Form 10-Q
- 4/26/24 - Form 8-K
- AVY's page on the SEC website