Based on the available data and recent market activity, here's a concise analysis of AVY stock:
Technical Analysis
The stock is currently trading at $184.16 during regular market hours, showing a slight decline of -0.11% today. The intraday trading range has been between $183.44 and $186.24, with moderate volume of 218,070 shares [Relevant Data].
Recent Performance & Catalysts
- Q4 2024 Results:
- Revenue grew 3.5% YoY to $2.19B
- Adjusted EPS of $2.38, in line with estimates
- Materials Group sales up 4% to $1.5B
- Solutions Group sales up 3% to $714M
Analyst Sentiment
Recent analyst actions show a generally positive outlook:
- Barclays maintained Buy rating with $225 PT (22% upside potential)
- Strong Buy consensus with average PT of $215.25 (17% upside)
- Bank of America Securities maintains Buy rating with $215 PT
Valuation Metrics
The stock currently trades at:
- Forward P/E: ~16x (based on 2025 guidance)
- EV/EBITDA: 12.9x
- P/S: 1.65x
- P/B: 7.2x
- Dividend Yield: 1.62%
Recommendation
HOLD - While AVY shows solid fundamentals and positive analyst sentiment, the current price point suggests waiting for a better entry opportunity. The stock is trading near technical resistance levels, and recent insider selling activity indicates potential near-term caution. However, long-term investors may consider accumulating on pullbacks given the company's strong market position and growth prospects.