Stock To Watch: Avery Dennison Corporation (NYSE:AVY)


The leading market experts have placed a mean price target of $80.50 on Avery Dennison Corporation (NYSE:AVY) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.99 a share for the upcoming quarter and $3.83 for the current fiscal. Technical View The technical analysis of Avery Dennison Corporation Comm plainly substantiates that the 50-day moving average of Avery Dennison Corporation Comm is $74.64, and stock is hovering -1.52 or -2.04% distant from $74.64. It is noted that the 200-day MA is $69.31, and Avery Dennison Corporation Comm stock is $3.81 or +5.49% off from this point. Avery Dennison Corporation (NYSE:AVY) 52-week high is $77.38 and the 52-week low is $53.56. This explains if the stock moves $-4.26, it will post a 52-week high. In event of $+36.52% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Avery Dennison Corporation Comm, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Avery Dennison Corporation (NYSE:AVY) ratio came in at 23.25. The stock last ended the trading session at $73.12 and registered a market cap of $6.52B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Avery Dennison Corporation (NYSE:AVY) PEG ratio is at 1.75.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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