How The Pieces Add Up: QVML Targets $38
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2024
0mins
Source: NASDAQ.COM
ETF Analysis: The Invesco S&P 500 QVM Multi-factor ETF (QVML) has an implied analyst target price of $38.35 per unit, indicating a potential upside of 10.91% from its recent trading price of $34.58.
Stock Performance Insights: Notable underlying holdings such as Xylem Inc, Avery Dennison Corp, and LyondellBasell Industries NV show significant upside potential based on analysts' target prices, raising questions about the validity and optimism of these targets.
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Analyst Views on AVY
Wall Street analysts forecast AVY stock price to rise
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 160.460
Low
201.00
Averages
218.80
High
233.00
Current: 160.460
Low
201.00
Averages
218.80
High
233.00
About AVY
Avery Dennison Corporation is a global materials science and digital identification solutions company. The Company provides a range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and connect brands and consumers. Its 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. Its Solutions Group segment designs, manufactures and sells a variety of branding and information solutions, including brand and price tickets, tags and labels (including radio-frequency identification (RFID) inlays), and related services, supplies and equipment. It serves an array of industries worldwide, including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Avery Dennison Q1 2026 Earnings Call Insights
- Sales Growth Performance: Avery Dennison reported a 1% organic sales increase in Q1 2026, driven by mid-single-digit volume mix growth, with adjusted EPS rising 7% year-over-year, indicating resilience amid geopolitical uncertainties.
- Raw Material Cost Management: The company is implementing price increases and material reengineering globally to counter raw material inflation pressures, anticipating high single-digit sequential inflation in Q2, reflecting management's focus on cost control.
- Strategic Investment in Intelligent Labels: Avery Dennison signed a $75 million investment agreement with Wiliot, establishing a dedicated joint go-to-market team to accelerate the adoption of intelligent labels across retail, food, and logistics, further solidifying its position as the preferred inlay commercial partner.
- Capital Returns and Financial Health: In Q1, the company returned $133 million to shareholders through $72 million in dividends and $61 million in share repurchases, demonstrating strong free cash flow and solid financial health, with a net debt to adjusted EBITDA ratio of 2.4.
See More
Avery Dennison Q1 2026 Earnings Exceed Expectations
- Earnings Beat: Avery Dennison reported a Q1 2026 non-GAAP EPS of $2.47, exceeding expectations by $0.04, which reflects the company's ongoing profitability and strengthens investor confidence in its future growth prospects.
- Significant Revenue Growth: The company achieved revenue of $2.3 billion in Q1, marking a 7.5% year-over-year increase and surpassing market expectations by $40 million, indicating strong demand for its products and competitive positioning in the market.
- Optimistic Guidance: Avery Dennison provided Q2 2026 reported EPS guidance of $2.21 to $2.31 and adjusted EPS guidance of $2.43 to $2.53, slightly above the consensus of $2.52, demonstrating management's confidence in future performance.
- Dividend Growth Anticipation: The company is set to continue its 15-year streak of dividend increases, as indicated in its Q1 2026 dividend preview, which enhances investor confidence and may attract more income-seeking investors.
See More
Avery Dennison Set to Announce Q1 Earnings on April 28
- Earnings Announcement: Avery Dennison (AVY) is set to release its Q1 2023 earnings report on April 28 before market open, with a consensus EPS estimate of $2.43, reflecting a year-over-year increase of 5.7%, indicating the company's solid performance in the current economic landscape.
- Revenue Expectations: Analysts forecast that AVY's revenue will reach $2.26 billion, up 5.6% year-over-year, driven by sustained demand in the labeling and packaging solutions sector, showcasing its competitive position in the market.
- Performance Beat Record: Over the past two years, AVY has beaten EPS estimates 63% of the time and revenue estimates 38% of the time, demonstrating the company's stability in profitability and effective execution by management.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen three upward revisions and five downward adjustments, while revenue estimates experienced five upward revisions and three downward adjustments, reflecting mixed market sentiment regarding the company's future performance, which may impact investor confidence.
See More
Avery Dennison Expected to Announce Dividend Increase
- Dividend Growth Expectation: Avery Dennison is expected to announce a dividend increase, continuing its 15-year streak of regular growth, with analysts projecting an annual dividend of approximately $3.89 per share, translating to a quarterly dividend of about $0.9725, reflecting a 3.5% increase from the current $0.9400.
- Historical Growth Rate: Over the past five years, Avery Dennison has achieved a dividend growth rate of 9.39%, maintaining a payout ratio of 38.78%, which underscores the company's strong commitment to returning value to shareholders.
- Dividend Quality Ratings: The company holds an A rating for dividend safety, growth, and consistency, while its yield is rated B-, indicating a robust and attractive dividend policy that appeals to income-focused investors.
- Earnings Release Schedule: Avery Dennison is set to release its first-quarter earnings on April 28 before the market opens, with investors keenly awaiting insights into its performance and future dividend strategy.
See More
Kodak's Strategic Turnaround Efforts and Challenges
- Financial Improvement: Kodak's fourth-quarter gross profit reached $67 million, a 31% increase year-over-year, indicating a gradual recovery in profitability during its restructuring process, which boosts investor confidence.
- Debt Management Success: The company successfully reduced its annual interest expense by approximately $40 million, reflecting significant progress in financial restructuring that alleviates liquidity pressures and improves financial health.
- Leadership Changes: Since 2019, CEO Jim Continenza has replaced about 90% of the company's leadership, aiming to drive a strategic shift towards a focus on printing and advanced materials through a new team to enhance operational efficiency.
- Market Trend Adaptation: Kodak is actively capitalizing on the resurgence of film among younger consumers by investing in film production capabilities, leveraging brand recognition and emotional connections to regain a foothold in a competitive market.
See More
Avery Dennison (AVY.US) Director Plans to Sell $3.47 Million in Common Stock via Form 144
Stock Sale Announcement: Butier Mitchell Rintend has announced the sale of 20,000 shares of Avery Dennison (AVY.US) common stock on March 11, with a total market value of approximately $3.47 million.
Reduction in Shareholding: Rintend has reduced his shareholding in Avery Dennison by 80,000 shares since March 5, 2026, with a total value of around $14.31 million.
See More
Avery Dennison Q1 2026 Earnings Call Insights
- Sales Growth Performance: Avery Dennison reported a 1% organic sales increase in Q1 2026, driven by mid-single-digit volume mix growth, with adjusted EPS rising 7% year-over-year, indicating resilience amid geopolitical uncertainties.
- Raw Material Cost Management: The company is implementing price increases and material reengineering globally to counter raw material inflation pressures, anticipating high single-digit sequential inflation in Q2, reflecting management's focus on cost control.
- Strategic Investment in Intelligent Labels: Avery Dennison signed a $75 million investment agreement with Wiliot, establishing a dedicated joint go-to-market team to accelerate the adoption of intelligent labels across retail, food, and logistics, further solidifying its position as the preferred inlay commercial partner.
- Capital Returns and Financial Health: In Q1, the company returned $133 million to shareholders through $72 million in dividends and $61 million in share repurchases, demonstrating strong free cash flow and solid financial health, with a net debt to adjusted EBITDA ratio of 2.4.
See More
Avery Dennison Q1 2026 Earnings Exceed Expectations
- Earnings Beat: Avery Dennison reported a Q1 2026 non-GAAP EPS of $2.47, exceeding expectations by $0.04, which reflects the company's ongoing profitability and strengthens investor confidence in its future growth prospects.
- Significant Revenue Growth: The company achieved revenue of $2.3 billion in Q1, marking a 7.5% year-over-year increase and surpassing market expectations by $40 million, indicating strong demand for its products and competitive positioning in the market.
- Optimistic Guidance: Avery Dennison provided Q2 2026 reported EPS guidance of $2.21 to $2.31 and adjusted EPS guidance of $2.43 to $2.53, slightly above the consensus of $2.52, demonstrating management's confidence in future performance.
- Dividend Growth Anticipation: The company is set to continue its 15-year streak of dividend increases, as indicated in its Q1 2026 dividend preview, which enhances investor confidence and may attract more income-seeking investors.
See More
Avery Dennison Set to Announce Q1 Earnings on April 28
- Earnings Announcement: Avery Dennison (AVY) is set to release its Q1 2023 earnings report on April 28 before market open, with a consensus EPS estimate of $2.43, reflecting a year-over-year increase of 5.7%, indicating the company's solid performance in the current economic landscape.
- Revenue Expectations: Analysts forecast that AVY's revenue will reach $2.26 billion, up 5.6% year-over-year, driven by sustained demand in the labeling and packaging solutions sector, showcasing its competitive position in the market.
- Performance Beat Record: Over the past two years, AVY has beaten EPS estimates 63% of the time and revenue estimates 38% of the time, demonstrating the company's stability in profitability and effective execution by management.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen three upward revisions and five downward adjustments, while revenue estimates experienced five upward revisions and three downward adjustments, reflecting mixed market sentiment regarding the company's future performance, which may impact investor confidence.
See More
Avery Dennison Expected to Announce Dividend Increase
- Dividend Growth Expectation: Avery Dennison is expected to announce a dividend increase, continuing its 15-year streak of regular growth, with analysts projecting an annual dividend of approximately $3.89 per share, translating to a quarterly dividend of about $0.9725, reflecting a 3.5% increase from the current $0.9400.
- Historical Growth Rate: Over the past five years, Avery Dennison has achieved a dividend growth rate of 9.39%, maintaining a payout ratio of 38.78%, which underscores the company's strong commitment to returning value to shareholders.
- Dividend Quality Ratings: The company holds an A rating for dividend safety, growth, and consistency, while its yield is rated B-, indicating a robust and attractive dividend policy that appeals to income-focused investors.
- Earnings Release Schedule: Avery Dennison is set to release its first-quarter earnings on April 28 before the market opens, with investors keenly awaiting insights into its performance and future dividend strategy.
See More
Kodak's Strategic Turnaround Efforts and Challenges
- Financial Improvement: Kodak's fourth-quarter gross profit reached $67 million, a 31% increase year-over-year, indicating a gradual recovery in profitability during its restructuring process, which boosts investor confidence.
- Debt Management Success: The company successfully reduced its annual interest expense by approximately $40 million, reflecting significant progress in financial restructuring that alleviates liquidity pressures and improves financial health.
- Leadership Changes: Since 2019, CEO Jim Continenza has replaced about 90% of the company's leadership, aiming to drive a strategic shift towards a focus on printing and advanced materials through a new team to enhance operational efficiency.
- Market Trend Adaptation: Kodak is actively capitalizing on the resurgence of film among younger consumers by investing in film production capabilities, leveraging brand recognition and emotional connections to regain a foothold in a competitive market.
See More
Avery Dennison (AVY.US) Director Plans to Sell $3.47 Million in Common Stock via Form 144
Stock Sale Announcement: Butier Mitchell Rintend has announced the sale of 20,000 shares of Avery Dennison (AVY.US) common stock on March 11, with a total market value of approximately $3.47 million.
Reduction in Shareholding: Rintend has reduced his shareholding in Avery Dennison by 80,000 shares since March 5, 2026, with a total value of around $14.31 million.
See More
