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AVY
Stock ticker:
NYSE
AS OF
Jun 27 closing price
Price
$166.91
Change
+$1.28 (+0.77%)
Capitalization
13.51B

AVY Price Prediction, Avery Dennison Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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12:00 AM EDT Jun 27, 2022

AVY sees its Stochastic Oscillator ascending out of oversold territory

On June 24, 2022, the Stochastic Oscillator for AVY moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 49 instances where the indicator left the oversold zone. In 32 of the 49 cases the stock moved higher in the following days. This puts the odds of a move higher at over 65%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AVY's RSI Oscillator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AVY advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .

AVY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 13, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on AVY as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for AVY turned negative on June 13, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

AVY moved below its 50-day moving average on June 10, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for AVY crossed bearishly below the 50-day moving average on June 15, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AVY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for AVY entered a downward trend on June 03, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: AVY's P/B Ratio (6.993) is slightly higher than the industry average of (2.204). P/E Ratio (18.975) is within average values for comparable stocks, (38.296). Dividend Yield (0.017) settles around the average of (0.032) among similar stocks. P/S Ratio (1.587) is also within normal values, averaging (1.178).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. AVY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

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published price charts
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published Earnings

AVY is expected to report earnings to $2.38 per share on July 26

Avery Dennison Corp AVY Stock Earnings Reports
Q2'22
Est.
$2.38
Q1'22
Beat
by $0.23
Q4'21
Est.
$2.13
Q3'21
Beat
by $0.10
Q2'21
Beat
by $0.20
The last earnings report on April 26 showed earnings per share of $2.40, beating the estimate of $2.17. With 129.12K shares outstanding, the current market capitalization sits at 13.51B.
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published Dividends

AVY paid dividends on June 15, 2022

Avery Dennison Corp AVY Stock Dividends
А dividend of $0.75 per share was paid with a record date of June 15, 2022, and an ex-dividend date of May 31, 2022. Read more...
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published Highlights

Industry description

The industry produces equipment regularly used in offices by businesses and other organizations, and could range from items like Blank sheet paper, calendars, Label and adhesive paper, paper clips, janitorial supplies, to larger /higher cost products like computers, printers, photocopiers, office furniture and so on. Many businesses in the office supply industry have been expanding into related markets like business cards, plus printing and binding of high quality, high volume business and engineering documents. Some companies in this industry also offer shipping services, including packaging and bulk mailing. Herman Miller, Inc., Steelcase Inc. and HNI Corporation.

Market Cap

The average market capitalization across the Office Equipment/Supplies Industry is 3.89B. The market cap for tickers in the group ranges from 542.27K to 102.56B. MCHSF holds the highest valuation in this group at 102.56B. The lowest valued company is KARE at 542.27K.

High and low price notable news

The average weekly price growth across all stocks in the Office Equipment/Supplies Industry was 2%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was -13%. EBF experienced the highest price growth at 18%, while RICOY experienced the biggest fall at -9%.

Volume

The average weekly volume growth across all stocks in the Office Equipment/Supplies Industry was -84%. For the same stocks of the Industry, the average monthly volume growth was -55% and the average quarterly volume growth was -66%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 37
P/E Growth Rating: 51
Price Growth Rating: 52
SMR Rating: 22
Profit Risk Rating: 80
Seasonality Score: -7 (-100 ... +100)
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published General Information

General Information

a manufacturer of self-adhesive materials, retail tags, specialty tapes and polymers

Industry OfficeEquipmentSupplies

Profile
Fundamentals
Details
Industry
Containers Or Packaging
Address
207 Goode Avenue
Phone
+1 626 304-2000
Employees
32000
Web
https://www.averydennison.com

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AVY and

Correlation & Price change

A.I.dvisor indicates that over the last year, AVY has been loosely correlated with SCS. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if AVY jumps, then SCS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AVY
1D Price
Change %
AVY100%
+0.94%
SCS - AVY
53%
Loosely correlated
+1.25%
ACCO - AVY
52%
Loosely correlated
+1.77%
HNI - AVY
52%
Loosely correlated
+1.17%
EBF - AVY
43%
Loosely correlated
+6.21%