Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Avery Dennison Corp before investing.

In this article, we go over a few key elements for understanding Avery Dennison Corp’s stock price such as:

• Avery Dennison Corp’s current stock price and volume
• Why Avery Dennison Corp’s stock price changed recently
• Upgrades and downgrades for AVY from analysts
• AVY’s stock price momentum as measured by its relative strength

About Avery Dennison Corp (AVY)

Before we jump into Avery Dennison Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Avery Dennison Corporation is a 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, e-commerce, logistics, food and grocery, pharmaceuticals and automotive.

Want to learn more about Avery Dennison Corp’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Avery Dennison Corp.

Avery Dennison Corp’s Stock Price as of Market Close

As of September 18, 2024, 4:00 PM, CST, Avery Dennison Corp’s stock price was $209.36.

Avery Dennison Corp is down 4.92% from its previous closing price of $220.20.

During the last market session, Avery Dennison Corp’s stock traded between $219.15 and $222.97. Currently, there are 80.60 million shares of Avery Dennison Corp stock available for purchase.

Avery Dennison Corp’s price-earnings (P/E) ratio is currently at 28.3, which is high compared to the Non-Paper Containers & Packaging industry median of 21.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Avery Dennison Corp Stock Price History

Avery Dennison Corp’s (AVY) price is currently down 5.63% so far this month.

During the month of September, Avery Dennison Corp’s stock price has reached a high of $222.97 and a low of $209.29.

Over the last year, Avery Dennison Corp has hit prices as high as $233.48 and as low as $165.21. Year to date, Avery Dennison Corp’s stock is up 15.67%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Avery Dennison Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 17, 2024, there were 8 analysts who downgraded Avery Dennison Corp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Avery Dennison Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Avery Dennison Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Avery Dennison Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Avery Dennison Corp (AVY) by visiting AAII Stock Evaluator.

Relative Price Strength of Avery Dennison Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 17, 2024, Avery Dennison Corp has a weighted four-quarter relative price strength of -2.01%, which translates to a Momentum Score of 53 and is considered to be Average.

Want to learn more about how Avery Dennison Corp is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Avery Dennison Corp Stock Price: Bottom Line

As of September 18, 2024, Avery Dennison Corp’s stock price is $209.36, which is down 4.92% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Avery Dennison Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.