Avery Dennison Stock: Is Wall Street Bullish or Bearish?
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Avery Dennison Corporation (AVY) is a global materials science and manufacturing company headquartered in Mentor, Ohio. With a market cap of $13.9 billion, it specializes in the design and production of a wide range of labeling and functional materials used in consumer products, apparel, logistics, industrial applications, and healthcare.
Shares of AVY have underperformed the broader market over the past year. AVY has declined 20.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 11.6%. In 2025, AVY stock is down 3.1%, compared to SPX’s marginal rise on a YTD basis.
Narrowing the focus, AVY has also trailed the Consumer Discretionary Select Sector SPDR Fund (XLY), which has gained 23.5% over the past year.
On Apr. 23, Avery Dennison released its Q1 2025 earnings, and its shares dropped 2.6%. Despite currency headwinds and mixed performance across segments, organic sales rose 2.3% and net sales stood at $2.15 billion. Adjusted EPS came in at $2.30, up marginally from last year but slightly below estimates.
Avery Dennison returned $331 million to shareholders through buybacks and dividends and guided Q2 adjusted EPS between $2.30 and $2.50, reflecting cautious optimism for continued performance.
For fiscal 2025, ending in December, analysts expect AVY’s EPS to grow 1.4% to $9.56 on a diluted basis. The company’s earnings surprise history is mixed. It beat the consensus estimate in three of the last four quarters, while missing on another occasion.
Among the 13 analysts covering AVY stock, the consensus is a “Strong Buy.” That’s based on six “Strong Buy” ratings, one “Moderate Buy,” and six “Holds.”
This configuration is less bullish than a month ago, with seven analysts suggesting a “Strong Buy” for the stock.
On Apr. 27, John McNulty of BMO Capital reaffirmed his “Buy” rating on Avery Dennison, assigning a price target of $233.
The mean price target of $196.85 represents an 8.5% premium to AVY’s current price levels. The Street-high price target of $220 suggests an ambitious upside potential of 21.3%.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.