Avery Dennison Corporations broke out of trading rangeA Trading range or consolidation has formed and has broken out during the weekly chart. This indicates that the price levels are going to go higher to the next high
Next report date
Report period
Q2 2024
EPS estimate
2.08CHF
Revenue estimate
1.98 BCHF
423.49 MCHF
7.04 BCHF
79.23 M
About Avery Dennison Corporation
Sector
Industry
CEO
Deon M. Stander
Website
Headquarters
Mentor
Employees (FY)
35 K
Founded
1935
FIGI
BBG00LVD97J5
Avery Dennison Corp. engages in the provision of labeling and packaging materials and solutions. It operates through the Materials and Solutions Group segments. The Materials Group segment manufactures and sells pressure-sensitive label materials, films for graphic and reflective products, performance tapes and other adhesive products for industrial, medical and other applications, as well as fastener solutions. The Solutions Group segment designs, manufactures and sells a wide variety of branding and information solutions, including brand and price tickets, tags and labels, and related services, supplies and equipment. The company was founded by R. Stanton Avery in 1935 and is headquartered in Mentor, OH.
AVY: building a baseA price action above 176.00 supports a bullish trend direction.
Increase long exposure for a break above 185.00.
The target price is set at 202.00, just below its 78.6% Fibonacci retracement level.
The stop-loss is set at 173.00.
Testing its 200-week simple moving average.
Building a base. The large
Avery Dennison Corporation WCA - Symmetrical Triangle Company: Avery Dennison Corporation
Ticker: AVY
Exchange: NYSE
Sector: Industrials
Introduction:
In our analysis today, we're looking at Avery Dennison Corporation (AVY) on the NYSE, an industrial sector company. The weekly chart displays a potential bullish reversal in the form of a Symmetrical
AVY - Opposite TrianglesTriangles are similar but angled oppositely.
From this we can assume that the upper triangle will break down, as price entering the first triangle was upward movement.
Also the structure above the solid green line does look like a top structure.
AVY: upside potential?A price action above 181.00 supports a bullish trend direction.
The ideal entry price is around 181.50.
Increase long exposure for a break above 185.50.
The first target price is set at 188.50.
The second target price is set at 193.50.
Stop-loss for a break below 180.50.
A fifth and final leg out of
$AVY with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $AVY after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 64.29%.
Low Risk Cup and Handle Entry on AVYAVY is completing a big cup and handle pattern. Earnings were up 77% last quarter and sales grew by 38%, so the growth is definitely there. The cup depth is only 13%, so my initial target would be around 260.00. But the risk is very low as well. We have a tight handle on the right side of the chart.
AVY broke out of 4 months of consolidation* Long term strong up trend
* Solid earnings year over year
* Broke out of a 4 month consolidation period
* Still holding above with higher than average volume
🟢 +8%: #Buy Stop #AVY @164.03 / TP 177.05 / SL 159.69🟢 +8%: #Buy Stop NYSE:AVY @164.03 / TP 177.05 / SL 159.69
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Frequently Asked Questions
The current price of AV3 is 164.101 CHF — it has increased by 2.60% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BX exchange AVERY DENNISON CP stocks are traded under the ticker AV3.
AVERY DENNISON CP is going to release the next earnings report on Jul 23, 2024. Keep track of upcoming events with our Earnings Calendar.
AV3 stock is 2.54% volatile and has beta coefficient of 1.02. Check out the list of the most volatile stocks — is AVERY DENNISON CP there?
AV3 earnings for the last quarter are 1.82 CHF per share, whereas the estimation was 1.82 CHF resulting in a −0.27% surprise. The estimated earnings for the next quarter are 1.94 CHF per share. See more details about AVERY DENNISON CP earnings.
AVERY DENNISON CP revenue for the last quarter amounts to 1.78 B CHF despite the estimated figure of 1.76 B CHF. In the next quarter revenue is expected to reach 1.94 B CHF.
Yes, you can track AVERY DENNISON CP financials in yearly and quarterly reports right on TradingView.
AV3 stock hasn't changed in a week, the last month showed zero change in price, over the last year there was no change in AVERY DENNISON CP price.
AV3 net income for the last quarter is 155.53 M CHF, while the quarter before that showed 120.48 M CHF of net income which accounts for 29.09% change. Track more AVERY DENNISON CP financial stats to get the full picture.
Today AVERY DENNISON CP has the market capitalization of 16.11 B, it has increased by 3.79% over the last week.
Yes, AV3 dividends are paid quarterly. The last dividend per share was 0.72 CHF. As of today, Dividend Yield (TTM)% is 1.48%. Tracking AVERY DENNISON CP dividends might help you take more informed decisions.
AVERY DENNISON CP dividend yield was 1.57% in 2023, and payout ratio reached 51.27%. The year before the numbers were 1.62% and 31.81% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, AV3 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade AVERY DENNISON CP stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 28, 2024, the company has 35.00 K employees. See our rating of the largest employees — is AVERY DENNISON CP on this list?
We've gathered analysts' opinions on AVERY DENNISON CP future price: according to them, AV3 price has a max estimate of 237.43 CHF and a min estimate of 187.20 CHF. Read a more detailed AVERY DENNISON CP forecast: see what analysts think of AVERY DENNISON CP and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. AVERY DENNISON CP EBITDA is 1.19 B CHF, and current EBITDA margin is 14.98%. See more stats in AVERY DENNISON CP financial statements.