Published: Mon, April 16, 2018
Business | By Tara Barton

Avery Dennison Corporation (AVY) Analysts See $1.34 EPS as of April, 25


The Navellier & Associates Inc holds 58,568 shares with $6.73 million value, up from 36,995 last quarter. At&T Inc now has $228.24B valuation. The stock increased 0.11% or $0.14 during the last trading session, reaching $125.45. The industrial products company reported $1.33 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.25 by $0.08. AT&T Inc. (NYSE:T) has declined 15.88% since April 15, 2017 and is downtrending. It has underperformed by 8.49% the S&P500. Univest Corp of Pennsylvania acquired a new position in shares of Avery Dennison in the fourth quarter valued at approximately $205,000. The stock decreased 0.65% or $0.69 during the last trading session, reaching $104.8. About 164,550 shares traded. Avery Dennison Corporation (NYSE:AVY) has risen 31.20% since April 14, 2017 and is uptrending. AVY outperformed the S&P500 by 19.65%. It has change of 0.13, from 2017Q3's 0.92. 25 investors sold all, 180 reduced holdings as Avery Dennison Corporation ratio increased. Jacobs Levy Equity Mgmt holds 18,510 shares or 0.04% of its portfolio.

A number of large investors have recently made changes to their positions in AVY. Following the transaction, the director now owns 50,927 shares of the company's stock, valued at $5,403,863.97. Corporate insiders own 1.30% of the company's stock. Da Davidson reported 42,786 shares. Pictet Asset Mngmt Limited has invested 0.02% in Avery Dennison Corporation (NYSE:AVY).

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Wednesday, January 31st. 92,849 were reported by Citadel Advsr Ltd Liability Corporation. The company has a current ratio of 1.13, a quick ratio of 0.83 and a debt-to-equity ratio of 1.26. Conning invested in 2,150 shs. Norinchukin Bancorporation The stated it has 0.01% in Avery Dennison Corporation (NYSE:AVY). Ngam Advsr L P reported 52,951 shares. Veritable Limited Partnership reported 0% in Avery Dennison Corporation (NYSE:AVY).

Among 11 analysts covering Avery Dennison (NYSE:AVY), 5 have Buy rating, 2 Sell and 4 Hold. Geode Capital Management LLC now owns 1,099,675 shares of the industrial products company's stock worth $126,084,000 after purchasing an additional 59,969 shares during the last quarter. On Tuesday, December 12 $229,510 worth of Avery Dennison Corporation (NYSE:AVY) was sold by BARKER PETER K. $889,275 worth of Avery Dennison Corporation (NYSE:AVY) was sold by Butier Mitchell R. Also, VP Anne Hill sold 21,134 shares of the business's stock in a transaction that occurred on Friday, February 23rd. Anderson Anthony had sold 2,770 shares worth $325,466. Bank of America lifted their target price on Avery Dennison from $128.00 to $133.00 and gave the company a buy rating in a research note on Thursday, February 1st. Avery Dennison's payout ratio is now 36.00%. The company has market cap of $9.26 billion. The company??s Label and Graphic Materials segment offers pressure-sensitive labeling materials; packaging materials and solutions; roll-fed sleeves; engineered films; graphic imaging media; and reflective materials under the Fasson, JAC, and Avery Dennison brands.The P/E ratio is 33.48. It serves label converters, package designers, packaging engineers and manufacturers, industrial and sign manufacturers, printers, distributors, designers, advertising and government agencies, and graphics vendors. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Therefore 45% are positive.

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According to Zacks, "Avery Dennison guided earnings per share at $5.70-$5.95 for fiscal 2018". On Monday, October 23 the firm earned "Hold" rating by KeyBanc Capital Markets. On Monday, February 12 Barclays Capital maintained Avery Dennison Corporation (NYSE:AVY) rating. Finally, Barclays lifted their target price on Avery Dennison from $135.00 to $140.00 and gave the company an overweight rating in a research note on Monday, February 12th. As per Tuesday, June 20, the company rating was upgraded by Bank of America. The firm has "Buy" rating given on Thursday, October 26 by Robert W. Baird. The firm earned "Buy" rating on Thursday, February 1 by Robert W. Baird. Avery Dennison Corp presently has an average rating of "Buy" and an average price target of $79.29. The firm has "Sell" rating given on Friday, March 16 by J.P. Morgan. Citigroup has "Buy" rating and $125 target.

Investors sentiment decreased to 0.91 in Q4 2017. Its up 0.13, from 0.92 in 2017Q3. NA raised its position in Avery Dennison by 0.6% during the 4th quarter. Allianz Asset Management GmbH now owns 673,503 shares of the industrial products company's stock valued at $77,358,000 after purchasing an additional 322,518 shares during the period. Shares for $527,040 were sold by Courduroux Pierre on Thursday, October 19. (NYSE:T). Smith Chas P Pa Cpas holds 528,038 shares or 2.75% of its portfolio. Bankshares Of Montreal Can holds 0.04% or 395,377 shares. Dixon Hubard Feinour Brown Inc Va holds 59,495 shares or 1.85% of its portfolio. Gulf Retail Bank (Uk) invested in 0.04% or 29,249 shares. Franklin reported 854,947 shares or 0.02% of all its holdings. Ferguson Wellman Cap Management holds 71,860 shares. Oppenheimer & Communications accumulated 0.57% or 573,442 shares. Lsv Asset Mngmt has 306,600 shs for 0.06% of their capital. Lafleur & Godfrey Ltd has invested 0.32% of its portfolio in AT&T Inc. Virtu Finance, New York-based fund reported 4,069 shs.

Bb&T Securities Llc decreased China Mobile Limited (NYSE:CHL) stake by 17,968 shares to 4,971 valued at $251,000 in 2017Q4. It also reduced Micron Technology Inc.

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