Avery Dennison (AVY) Stock Forecast, Price Target & Predictions
AVY Stock Forecast
Avery Dennison stock forecast is as follows: an average price target of $247.50 (represents a 31.56% upside from AVY’s last price of $188.13) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
AVY Price Target
The average price target for Avery Dennison (AVY) is $247.50 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $258.00 to $235.00. This represents a potential 31.56% upside from AVY's last price of $188.13.
AVY Analyst Ratings
According to 7 Wall Street analysts, Avery Dennison's rating consensus is 'Buy'. The analyst rating breakdown for AVY stock is 0 'Strong Buy' (0.00%), 5 'Buy' (71.43%), 2 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Avery Dennison Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 24, 2024 | John McNulty | BMO Capital | $247.00 | $204.01 | 21.07% | 31.29% |
| Oct 17, 2024 | George Staphos | Bank of America Securities | $250.00 | $214.93 | 16.32% | 32.89% |
| Sep 19, 2024 | John McNulty | BMO Capital | $252.00 | $212.76 | 18.44% | 33.95% |
| Jul 25, 2024 | Joshua Spector | UBS | $235.00 | $214.79 | 9.41% | 24.91% |
| Jul 24, 2024 | Michael Roxland | Truist Financial | $258.00 | $216.70 | 19.06% | 37.14% |
| Jun 07, 2024 | Ghansham Panjabi | Robert W. Baird | $250.00 | $226.92 | 10.17% | 32.89% |
| Apr 25, 2024 | Ghansham Panjabi | Robert W. Baird | $230.00 | $212.42 | 8.28% | 22.26% |
| Jan 12, 2024 | Michael Roxland | Truist Financial | $249.00 | $197.12 | 26.32% | 32.36% |
| Sep 05, 2023 | Michael Roxland | Truist Financial | $215.00 | $184.72 | 16.39% | 14.28% |
| Feb 06, 2023 | BMO Capital | $233.00 | $181.20 | 28.59% | 23.85% | |
| Feb 03, 2023 | Truist Financial | $223.00 | $186.26 | 19.73% | 18.54% | |
| Jan 11, 2023 | UBS | $194.00 | $191.69 | 1.20% | 3.12% | |
| Jul 25, 2022 | Joshua Wilson | Raymond James | $195.00 | $174.78 | 11.57% | 3.65% |
| Apr 28, 2022 | Raymond James | $200.00 | $181.23 | 10.36% | 6.31% | |
| Apr 25, 2022 | Raymond James | $185.00 | $167.42 | 10.50% | -1.66% | |
| Jul 06, 2021 | George Staphos | Bank of America Securities | $239.00 | $204.46 | 16.89% | 27.04% |
The latest Avery Dennison stock forecast, released on Oct 24, 2024 by John McNulty from BMO Capital, set a price target of $247.00, which represents a 21.07% increase from the stock price at the time of the forecast ($204.01), and a 31.29% increase from AVY last price ($188.13).
Avery Dennison Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 8 |
| Avg Price Target | - | $249.67 | $246.38 |
| Last Closing Price | $188.13 | $188.13 | $188.13 |
| Upside/Downside | -100.00% | 32.71% | 30.96% |
In the current month, the average price target of Avery Dennison stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Avery Dennison's last price of $188.13. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 07, 2024 | Barclays | Overweight | Initialise | |
| Sep 19, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 25, 2024 | UBS | Buy | Neutral | Downgrade |
| Jul 08, 2024 | Citigroup | Neutral | Neutral | Hold |
| Apr 25, 2024 | Raymond James | Outperform | Outperform | Hold |
| Apr 04, 2024 | UBS | Buy | Buy | Hold |
| Apr 04, 2024 | Raymond James | Underperform | Underperform | Hold |
| Apr 04, 2024 | Citigroup | Neutral | Neutral | Hold |
| Mar 28, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Jan 19, 2024 | UBS | Buy | Buy | Hold |
| Jan 19, 2024 | Truist Financial | Underperform | Underperform | Hold |
| Aug 22, 2023 | UBS | Neutral | Buy | Upgrade |
| Feb 06, 2023 | BMO Capital | Outperform | Outperform | Hold |
| Jan 11, 2023 | UBS | Neutral | Neutral | Hold |
| Dec 15, 2022 | Bank of America Securities | Buy | Upgrade | |
| Jul 25, 2022 | Raymond James | Outperform | Outperform | Hold |
| Apr 28, 2022 | Raymond James | Outperform | Outperform | Hold |
Avery Dennison's last stock rating was published by BMO Capital on Oct 24, 2024. The company gave AVY a "Outperform" rating, the same as its previous rate.
Avery Dennison Financial Forecast
Avery Dennison Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.10B | $2.09B | $2.06B | $2.03B | $2.32B | $2.35B | $2.35B | $1.99B | $2.07B | $2.10B | $2.05B | - | $1.73B | $1.53B | $1.72B | $1.77B | $1.76B |
| Avg Forecast | $2.47B | $2.45B | $2.50B | $2.38B | $2.34B | $2.30B | $2.34B | $2.25B | $2.20B | $2.20B | $2.18B | $2.15B | $2.10B | $2.17B | $2.15B | $2.18B | $2.16B | $2.31B | $2.33B | $2.28B | $2.12B | $2.01B | $1.91B | $1.91B | $1.92B | $1.70B | $1.52B | $1.74B | $1.79B | $1.75B |
| High Forecast | $2.51B | $2.48B | $2.53B | $2.41B | $2.37B | $2.33B | $2.37B | $2.29B | $2.21B | $2.20B | $2.18B | $2.15B | $2.13B | $2.26B | $2.18B | $2.21B | $2.19B | $2.31B | $2.33B | $2.28B | $2.12B | $2.01B | $1.91B | $1.91B | $1.92B | $1.70B | $1.52B | $1.74B | $1.79B | $1.75B |
| Low Forecast | $2.44B | $2.42B | $2.46B | $2.35B | $2.31B | $2.27B | $2.31B | $2.21B | $2.18B | $2.20B | $2.18B | $2.15B | $2.07B | $2.08B | $2.13B | $2.15B | $2.13B | $2.31B | $2.33B | $2.28B | $2.12B | $2.01B | $1.91B | $1.91B | $1.92B | $1.70B | $1.52B | $1.74B | $1.79B | $1.75B |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 12 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.97% | 0.95% | 0.94% | 1.00% | 1.01% | 1.03% | 0.94% | 1.03% | 1.10% | 1.07% | - | 1.02% | 1.00% | 0.99% | 0.99% | 1.01% |
Avery Dennison's average Quarter revenue forecast for Dec 23 based on 4 analysts is $2.10B, with a low forecast of $2.07B, and a high forecast of $2.13B. AVY's average Quarter revenue forecast represents a -0.10% decrease compared to the company's last Quarter revenue of $2.10B (Sep 23).
Avery Dennison EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 12 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $337.00M | $246.10M | $267.00M | $265.20M | $365.70M | $381.90M | $361.30M | $325.50M | $303.20M | $325.40M | $338.20M | - | $264.40M | $172.20M | $246.80M | $228.10M | $242.20M |
| Avg Forecast | $332.37M | $328.59M | $335.15M | $319.35M | $314.16M | $308.55M | $313.86M | $301.56M | $295.39M | $295.56M | $293.07M | $390.84M | $281.57M | $291.55M | $289.22M | $355.31M | $312.86M | $318.06M | $321.12M | $323.01M | $334.61M | $276.58M | $263.53M | $263.68M | $264.93M | $233.90M | $209.83M | $203.68M | $246.50M | $241.31M |
| High Forecast | $337.09M | $333.26M | $339.92M | $323.90M | $318.63M | $312.93M | $318.32M | $306.97M | $296.73M | $295.61M | $293.07M | $469.00M | $285.61M | $303.26M | $293.33M | $426.37M | $375.44M | $318.06M | $321.12M | $387.61M | $401.54M | $276.58M | $263.53M | $263.68M | $264.93M | $233.90M | $209.83M | $244.42M | $246.50M | $241.31M |
| Low Forecast | $328.18M | $324.45M | $330.93M | $315.33M | $310.20M | $304.66M | $309.90M | $297.51M | $292.72M | $295.50M | $293.07M | $312.67M | $277.52M | $279.14M | $285.57M | $284.24M | $250.29M | $318.06M | $321.12M | $258.40M | $267.69M | $276.58M | $263.53M | $263.68M | $264.93M | $233.90M | $209.83M | $162.94M | $246.50M | $241.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 0.85% | 0.75% | 0.85% | 1.15% | 1.19% | 1.12% | 0.97% | 1.10% | 1.23% | 1.28% | - | 1.13% | 0.82% | 1.21% | 0.93% | 1.00% |
4 analysts predict AVY's average Quarter EBITDA for Dec 23 to be $281.57M, with a high of $285.61M and a low of $277.52M. This is -16.45% lower than Avery Dennison's previous annual EBITDA (Sep 23) of $337.00M.
Avery Dennison Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 12 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $138.30M | $100.40M | $121.20M | $122.90M | $221.50M | $214.50M | $198.20M | $191.50M | $164.10M | $183.80M | $209.50M | - | $150.50M | $79.70M | $134.20M | $162.50M | $144.60M |
| Avg Forecast | $259.24M | $245.93M | $252.76M | $226.72M | $220.38M | $213.80M | $216.18M | $199.71M | $193.03M | $187.85M | $182.21M | $214.40M | $174.99M | $169.67M | $165.39M | $194.91M | $170.02M | $200.31M | $191.68M | $177.19M | $181.84M | $164.89M | $166.40M | $163.67M | $169.03M | $123.67M | $91.89M | $119.89M | $137.20M | $130.11M |
| High Forecast | $264.04M | $250.48M | $257.43M | $230.91M | $224.46M | $217.76M | $220.18M | $207.14M | $194.65M | $187.92M | $182.25M | $257.28M | $178.25M | $174.52M | $168.45M | $233.89M | $204.02M | $200.31M | $191.68M | $212.63M | $218.21M | $164.89M | $166.40M | $163.67M | $169.03M | $123.67M | $91.89M | $143.86M | $137.20M | $130.11M |
| Low Forecast | $255.00M | $241.90M | $248.62M | $223.00M | $216.77M | $210.30M | $212.64M | $189.81M | $192.22M | $187.77M | $182.17M | $171.52M | $171.74M | $165.63M | $162.68M | $155.93M | $136.01M | $200.31M | $191.68M | $141.75M | $145.47M | $164.89M | $166.40M | $163.67M | $169.03M | $123.67M | $91.89M | $95.91M | $137.20M | $130.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.61% | 0.62% | 0.72% | 1.11% | 1.12% | 1.12% | 1.05% | 1.00% | 1.10% | 1.28% | - | 1.22% | 0.87% | 1.12% | 1.18% | 1.11% |
Avery Dennison's average Quarter net income forecast for Dec 23 is $174.99M, with a range of $171.74M to $178.25M. AVY's average Quarter net income forecast represents a 26.53% increase compared to the company's last Quarter net income of $138.30M (Sep 23).
Avery Dennison SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 12 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $332.60M | $319.60M | $334.40M | $312.30M | $330.80M | $332.70M | $355.00M | $301.80M | $296.90M | $307.00M | $312.30M | - | $258.30M | $219.40M | $281.00M | $273.10M | $265.30M |
| Avg Forecast | $366.95M | $362.78M | $370.02M | $352.58M | $346.84M | $340.65M | $346.51M | $332.94M | $326.13M | $326.31M | $323.56M | $384.02M | $310.86M | $321.89M | $319.31M | $349.11M | $309.23M | $349.50M | $352.86M | $317.37M | $330.73M | $303.92M | $289.59M | $289.74M | $291.12M | $257.02M | $230.57M | $251.03M | $270.87M | $265.17M |
| High Forecast | $372.17M | $367.94M | $375.29M | $357.60M | $351.78M | $345.49M | $351.44M | $338.91M | $327.60M | $326.37M | $323.56M | $460.83M | $315.32M | $334.81M | $323.85M | $418.93M | $371.08M | $349.50M | $352.86M | $380.85M | $396.88M | $303.92M | $289.59M | $289.74M | $291.12M | $257.02M | $230.57M | $301.23M | $270.87M | $265.17M |
| Low Forecast | $362.32M | $358.21M | $365.36M | $348.14M | $342.47M | $336.36M | $342.15M | $328.46M | $323.18M | $326.25M | $323.56M | $307.22M | $306.40M | $308.19M | $315.29M | $279.29M | $247.39M | $349.50M | $352.86M | $253.90M | $264.59M | $303.92M | $289.59M | $289.74M | $291.12M | $257.02M | $230.57M | $200.82M | $270.87M | $265.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.00% | 0.96% | 1.01% | 0.95% | 0.94% | 1.12% | 0.91% | 0.98% | 1.06% | 1.08% | - | 1.00% | 0.95% | 1.12% | 1.01% | 1.00% |
Avery Dennison's average Quarter SG&A projection for Dec 23 is $310.86M, based on 4 Wall Street analysts, with a range of $306.40M to $315.32M. The forecast indicates a -6.54% fall compared to AVY last annual SG&A of $332.60M (Sep 23).
Avery Dennison EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 12 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.72 | $1.24 | $1.49 | $1.52 | $2.73 | $2.63 | $2.41 | $2.30 | $1.98 | $2.21 | $2.52 | - | $1.80 | $0.96 | $1.61 | $1.95 | $1.73 |
| Avg Forecast | $3.21 | $3.04 | $3.13 | $2.81 | $2.73 | $2.65 | $2.68 | $2.47 | $2.39 | $2.32 | $2.26 | $2.15 | $2.17 | $2.10 | $2.05 | $1.69 | $2.02 | $2.47 | $2.37 | $2.17 | $2.13 | $2.04 | $2.05 | $2.02 | $2.09 | $1.53 | $1.13 | $1.50 | $1.69 | $1.61 |
| High Forecast | $3.27 | $3.10 | $3.19 | $2.86 | $2.78 | $2.69 | $2.73 | $2.56 | $2.41 | $2.33 | $2.26 | $2.15 | $2.21 | $2.16 | $2.08 | $1.72 | $2.06 | $2.47 | $2.37 | $2.17 | $2.13 | $2.04 | $2.05 | $2.02 | $2.09 | $1.53 | $1.13 | $1.50 | $1.69 | $1.61 |
| Low Forecast | $3.16 | $2.99 | $3.08 | $2.76 | $2.68 | $2.60 | $2.63 | $2.35 | $2.38 | $2.32 | $2.25 | $2.15 | $2.13 | $2.05 | $2.01 | $1.66 | $1.99 | $2.47 | $2.37 | $2.17 | $2.13 | $2.04 | $2.05 | $2.02 | $2.09 | $1.53 | $1.13 | $1.50 | $1.69 | $1.61 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.61% | 0.88% | 0.75% | 1.10% | 1.11% | 1.11% | 1.08% | 0.97% | 1.08% | 1.25% | - | 1.18% | 0.84% | 1.07% | 1.15% | 1.08% |
According to 4 Wall Street analysts, Avery Dennison's projected average Quarter EPS for Dec 23 is $2.17, with a low estimate of $2.13 and a high estimate of $2.21. This represents a 25.92% increase compared to AVY previous annual EPS of $1.72 (Sep 23).
Avery Dennison Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MYE | Myers Industries | $12.32 | $30.00 | 143.51% | |
| OI | O-I Glass | $10.69 | $15.63 | 46.21% | Buy |
| CCK | Crown | $85.37 | $110.56 | 29.51% | Buy |
| AVY | Avery Dennison | $191.46 | $247.50 | 29.27% | Buy |
| REYN | Reynolds Consumer Products | $27.91 | $35.00 | 25.40% | Hold |
| BALL | Ball | $57.75 | $69.83 | 20.92% | Buy |
| GPK | Graphic Packaging Company | $28.74 | $34.00 | 18.30% | Buy |
| SON | Sonoco Products Company | $50.46 | $58.50 | 15.93% | Buy |
| SEE | Sealed Air | $35.54 | $41.00 | 15.36% | Buy |
| AMCR | Amcor | $9.73 | $10.80 | 11.00% | Hold |
| PKG | Packaging Corporation of America | $232.55 | $252.50 | 8.58% | Hold |
| SLGN | Silgan | $53.53 | $58.00 | 8.35% | Buy |
| IP | International Paper Company | $55.24 | $54.67 | -1.03% | Buy |
| PTVE | Pactiv Evergreen | $17.33 | $15.50 | -10.56% | Buy |