Avery Dennison Corporation (AVY) Analysts See $1.25 EPS

January 22, 2018 - By Michael Collier

 Avery Dennison Corporation (AVY) Analysts See $1.25 EPS
Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.05, from 0.97 in 2017Q2. It worsened, as 34 investors sold Avery Dennison Corporation shares while 167 reduced holdings. 50 funds opened positions while 134 raised stakes. 70.08 million shares or 2.56% less from 71.92 million shares in 2017Q2 were reported.
Lsv Asset Mngmt stated it has 422,900 shares or 0.07% of all its holdings. Prelude Capital Mngmt Ltd Liability Com reported 266 shares stake. Piedmont Advsr Limited Com holds 0.09% in Avery Dennison Corporation (NYSE:AVY) or 44,577 shares. D E Shaw & Company has 91,654 shares. Aqr Capital Management Llc owns 883,473 shares for 0.1% of their portfolio. Huntington Bank accumulated 0.01% or 4,680 shares. Nationwide Fund Advisors invested in 0.01% or 24,812 shares. Navellier Associates holds 36,995 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 19,442 shares or 0.02% of all its holdings. Bessemer Gru owns 0% invested in Avery Dennison Corporation (NYSE:AVY) for 541 shares. Missouri-based Benjamin F Edwards And Company has invested 0.02% in Avery Dennison Corporation (NYSE:AVY). Da Davidson And invested in 0.17% or 90,562 shares. Blair William Company Il invested 0.03% in Avery Dennison Corporation (NYSE:AVY). Johnson Counsel Inc holds 6,051 shares or 0.02% of its portfolio. Axa owns 229,856 shares.

Since August 3, 2017, it had 0 insider buys, and 4 sales for $3.45 million activity. 20,000 shares were sold by SCARBOROUGH DEAN A, worth $2.10 million. 2,000 Avery Dennison Corporation (NYSE:AVY) shares with value of $229,510 were sold by BARKER PETER K. On Thursday, August 3 Siewert Patrick sold $936,300 worth of Avery Dennison Corporation (NYSE:AVY) or 10,000 shares.

Analysts expect Avery Dennison Corporation (NYSE:AVY) to report $1.25 EPS on February, 7.They anticipate $0.26 EPS change or 26.26 % from last quarter’s $0.99 EPS. AVY’s profit would be $110.04M giving it 24.27 P/E if the $1.25 EPS is correct. After having $1.26 EPS previously, Avery Dennison Corporation’s analysts see -0.79 % EPS growth. The stock increased 0.59% or $0.71 during the last trading session, reaching $121.34. About 685,650 shares traded or 7.97% up from the average. Avery Dennison Corporation (NYSE:AVY) has risen 10.91% since January 22, 2017 and is uptrending. It has underperformed by 5.79% the S&P500.

Avery Dennison Corporation (NYSE:AVY) Ratings Coverage

Among 10 analysts covering Avery Dennison (NYSE:AVY), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Avery Dennison had 26 analyst reports since October 15, 2015 according to SRatingsIntel. The rating was initiated by Aegis Capital on Monday, November 21 with “Hold”. The firm has “Overweight” rating by Barclays Capital given on Monday, October 30. The stock of Avery Dennison Corporation (NYSE:AVY) has “Neutral” rating given on Wednesday, December 7 by Bank of America. The firm has “Buy” rating by Bank of America given on Tuesday, June 20. The firm earned “Buy” rating on Thursday, October 26 by Robert W. Baird. Robert W. Baird maintained Avery Dennison Corporation (NYSE:AVY) rating on Wednesday, January 10. Robert W. Baird has “Buy” rating and $125.0 target. On Thursday, October 26 the stock rating was downgraded by JP Morgan to “Neutral”. The rating was downgraded by Bank of America on Friday, July 1 to “Underperform”. The firm earned “Buy” rating on Friday, January 6 by Citigroup. J.P. Morgan downgraded the shares of AVY in report on Thursday, October 26 to “Hold” rating.

Avery Dennison Corporation produces and sells pressure-sensitive materials worldwide. The company has market cap of $10.68 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. It has a 27.1 P/E ratio. It serves label converters, package designers, packaging engineers and manufacturers, industrial and sign manufacturers, printers, distributors, designers, advertising and government agencies, and graphics vendors.

More notable recent Avery Dennison Corporation (NYSE:AVY) news were published by: Seekingalpha.com which released: “Avery Dennison’s (AVY) CEO Mitchell Butier on Q3 2017 Results – Earnings Call …” on October 25, 2017, also Nasdaq.com with their article: “Avery Dennison Corp (AVY) President and CEO Mitchell R Butier Sold $8.2 …” published on November 02, 2017, Gurufocus.com published: “KAMES CAPITAL plc Buys Constellation Brands Inc, Avery Dennison Corp, Mohawk …” on January 12, 2018. More interesting news about Avery Dennison Corporation (NYSE:AVY) were released by: Seekingalpha.com and their article: “Avery Dennison Corp’s (AVY) CEO Mitchell Butier on Q1 2017 Results – Earnings …” published on April 27, 2017 as well as Prnewswire.com‘s news article titled: “Research Reports Released on Business Equipment Stocks — Track Innovations …” with publication date: January 18, 2018.

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