Avery Dennison Corp. (AVY) Set to Announce Quarterly Earnings on Friday
Avery Dennison Corp. (NYSE:AVY) is set to announce its Q313 earnings results on Friday, October 25th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $1.05 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
Avery Dennison Corp. (NYSE:AVY) opened at 43.78 on Thursday. Avery Dennison Corp. has a 52 week low of $28.91 and a 52 week high of $46.96. The stock has a 50-day moving average of $44.37 and a 200-day moving average of $43.24. The company has a market cap of $4.294 billion and a P/E ratio of 19.02.
A number of research firms have recently commented on AVY. Analysts at Zacks downgraded shares of Avery Dennison Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, September 26th. They now have a $46.00 price target on the stock. On a related note, analysts at Bank of America Corp. upgraded shares of Avery Dennison Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Friday, August 16th. They now have a $52.00 price target on the stock. Finally, analysts at Merrill Lynch upgraded shares of Avery Dennison Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Friday, August 16th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $43.86.
Avery Dennison Corporation (NYSE:AVY), is engaged in the production of pressure-sensitive materials, and a variety of tickets, tags, labels other converted products, and office and consumer products through embossing, printing, stamping and die-cutting.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.