Avery Dennison Corp. (NYSE: AVY) is 6.25% higher on its value in year-to-date trading and has touched a low of $165.21 and a high of $233.48 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AVY stock was last observed hovering at around $220.56 in the last trading session, with the day’s loss setting it -5.77%.
Currently trading at $214.79, the stock is -2.15% and -4.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing -2.62% at the moment leaves the stock 3.86% off its SMA200. AVY registered 20.93% gain for a year compared to 6-month gain of 6.84%.
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The stock witnessed a -6.42% loss in the last 1 month and extending the period to 3 months gives it a 1.64%, and is -3.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.41% over the week and 2.19% over the month.
Avery Dennison Corp. (AVY) has around 35000 employees, a market worth around $17.30B and $8.60B in sales. Current P/E ratio is 27.59 and Fwd P/E is 20.20. Profit margin for the company is 7.34%. Distance from 52-week low is 30.01% and -8.00% from its 52-week high. The company has generated returns on investments over the last 12 months (14.55%).
The EPS is expected to grow by 19.67% this year
The shares outstanding are 80.50M, and float is at 79.27M with Short Float at 1.99%.
Avery Dennison Corp. (AVY) Insider Activity
The most recent transaction is an insider sale by Walker Ignacio J, the company’s SVP and Chief Legal Officer. SEC filings show that Walker Ignacio J sold 2,206 shares of the company’s common stock on Jun 07 ’24 at a price of $226.70 per share for a total of $0.5 million. Following the sale, the insider now owns 7082.0 shares.
Avery Dennison Corp. disclosed in a document filed with the SEC on Jun 03 ’24 that Yost Ryan D (President, Materials Group) sold a total of 149 shares of the company’s common stock. The trade occurred on Jun 03 ’24 and was made at $226.38 per share for $33730.0. Following the transaction, the insider now directly holds 2110.0 shares of the AVY stock.
Still, SEC filings show that on May 29 ’24, Yost Ryan D (President, Materials Group) disposed off 584 shares at an average price of $221.31 for $0.13 million. The insider now directly holds 2,259 shares of Avery Dennison Corp. (AVY).
