Earnings Forecast Research on Avery Dennison Corporation (AVY)

Avery Dennison Corporation has received $0.93 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $0.91 while the top line estimate is $0.96 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 9.71%.

Avery Dennison Corporation reported better than expected with a surprise EPS of 1% or $0.01 during its most recent quarterly earnings. The Actual EPS was $1.01 compared to the Estimated EPS of $1. Glendale based Avery Dennison Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 01, 2017.

Avery Dennison Corporation has a Price to Earnings ratio of 18.74 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 6.22. For the Most Recent Fiscal Year, Avery Dennison Corporation has a price to cash ratio of 13.08. For the Trailing twelve month period, company showed a Net Profit Margin of 5.27% and Return on Equity of the stock is 35.98%.

In the last quarter, Avery Dennison Corporation reported Annual Earnings of $1.01. Based on the filings, last years Annual Earnings was, $3.44. In the last Quarter, AVY reported a surprise Earnings per Share of 1% . The consensus estimate for current quarter is $0.93 and for the current fiscal year, the estimate is $3.97. For the Next fiscal year, the estimate is $4.26 based on the consensus.

Avery Dennison Corporation (NYSE:AVY) : On Tuesday heightened volatility was witnessed in Avery Dennison Corporation (NYSE:AVY) which led to swings in the share price. The stock opened for trading at $72.66 and hit $73.61 on the upside , eventually ending the session at $73.02, with a gain of 0.15% or 0.11 points. The heightened volatility saw the trading volume jump to 1,673,695 shares. The 52-week high of the share price is $79.27 and the company has a market cap of $6,498 million. The 52-week low of the share price is at $59.38 .

Avery Dennision Corporation produces pressure-sensitive adhesives and materials and the production of consumer and converted products. Some pressure-sensitive adhesives and materials are converted into labels and other products through embossing, printing, stamping and die-cutting, and some are sold in unconverted form as base materials, tapes and reflective sheeting. The company also manufactures and sells a variety of consumer and converted products and other items not involving pressure-sensitive components, such as notebooks, three-ring binders, among others.


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