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AVYAvery Dennison CorporationSell5.5·$159.25+0.31%
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Avery Dennison Corporation (AVY) Stock Analysis

Recovery setup

SellVALUE-TRAP 1/5Moderate Confidence

Consumer Cyclical · Packaging & Containers

Sell if holding. Multiple concerning factors at $159.25: Thin upside margin: 9.4%; Concentration risk — Geographic: international operations (outside U.S.) (69.0%).

Avery Dennison designs and manufactures pressure-sensitive label materials, RFID solutions, and performance tapes through its Materials Group (69% of net sales) and Solutions Group (31%), selling to converters and apparel brands across 50+ countries. In 2025, approximately 69%... Read more

$159.25+9.4% A.UpsideScore 5.5/10#9 of 16 Packaging & Containers
QualityF-score6 / 9FCF yield6.64%
IncomeYield2.51%(5y avg 1.69%)Payout42.34%sustainable
Stop $151.65Target $174.26(analyst − 13%)A.R:R 1.9:1
Analyst target$200.30+25.8%10 analysts
$174.26our TP
$159.25price
$200.30mean
$221

Sell if holding. Multiple concerning factors at $159.25: Thin upside margin: 9.4%; Concentration risk — Geographic: international operations (outside U.S.) (69.0%). Chart setup: Death cross but MACD improving, RSI 51. Score 5.5/10, moderate confidence.

Passes 7/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, news events none recent, earnings proximity 38d clear, semi cycle peak clear, materials cycle peak clear). Suitability: moderate.

10-K grounded · weekly refresh

About Avery Dennison Corporation

About Avery Dennison Corporation

Avery Dennison split its 2025 net sales between the Materials Group (69% of total) and Solutions Group (31%), operating over 200 manufacturing and distribution facilities across more than 50 countries and employing roughly 35,000 people at year-end. International operations represented 69% of net sales, with approximately 40% from emerging markets in Latin America, Eastern Europe, the Middle East, and Asia Pacific. In 2025, the company acquired Taylor Adhesives for approximately $390 million, adding a Georgia-based flooring adhesives business.

The Materials Group generates revenue by manufacturing Fasson, JAC, and Avery Dennison-branded pressure-sensitive materials sold through converter channels to food, beverage, pharmaceutical, and logistics packagers, along with graphics, reflective films, and performance tapes for automotive, electronics, and construction customers. Input costs — paper, plastic films, resins, and specialty chemicals — have historically been volatile, with the company implementing targeted price increases during inflationary periods and passing through deflation-related reductions when input costs declined. The Solutions Group sells RFID inlays and tags, external embellishments, Vestcom-brand shelf-edge solutions, and brand protection services to apparel, food, and logistics customers. Tariff-related uncertainty caused apparel category sales to decline within Solutions Group in 2025, with the company estimating that indirect tariff effects reduced overall apparel category sales by a low single digit rate across the second, third, and fourth quarters. Competitors in label materials include UPM Adhesive Materials, Fedrigoni Self-Adhesives, and Lintec Corporation; 3M competes in graphics, reflective products, and performance tapes.

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The most concrete near-term demand signal disclosed for 2025 is the low single digit rate decline in apparel category sales from indirect tariff effects. This risk runs in both directions: direct input cost inflation if tariffs affect imported raw materials, and demand softness if customers reduce order volumes. A February 2026 U.S. Supreme Court decision held that IEEPA does not authorize tariff imposition, which may reduce some specific duties but is likely to produce a period of trade policy instability affecting the company's international supply chains and customer demand across apparel and logistics end markets.

See also: Consumer Cyclical · Packaging & Containers

From Avery Dennison Corporation's most recent 10-K filing, extracted June 9, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-13

Recent Developments — Avery Dennison Corporation

Material events (past 30 days)

  • 8K Jun 4, 2026 MEDIUM Item 5.02: Ryan D. Yost, President of Materials Group, resigned effective June 12, 2026, to accept another opportunity. Danny G. Allouche appointed successor as President, Materials Group, effective June 1, 2026.

Generated 2026-06-15T18:11:46Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Jul 21, 202638d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Risks
Concentration risk — Geographic: international operations (outside U.S.) (69.0%)
Thin upside margin: 9.4%
Leverage penalty (D/E 1.6): -1.0

Key Metrics

P/E (TTM)17.9
P/E (Fwd)14.3
Mkt Cap$12.2B
EV/EBITDA10.9
Profit Mgn7.7%
ROE30.9%
Rev Growth7.0%
Beta0.83
Dividend2.51%
Rating analysts17

Quality Signals

Piotroski F6/9

Options Flow

P/C0.89neutral
IV52%elevated
Max Pain$200+25.6% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHGeographicinternational operations (outside U.S.)69%
    10-K Item 1A: 'approximately 69% of our net sales originated outside the U.S.'
  • MEDIUMGeographicemerging markets40%
    10-K Item 1A: 'Approximately 40% of our net sales in 2025 originated in emerging markets.'

Material Events(8-K, last 90d)

  • 2026-06-04Item 5.02MEDIUM
    Ryan D. Yost, President of Materials Group, resigned effective June 12, 2026, to accept another opportunity. Danny G. Allouche appointed successor as President, Materials Group, effective June 1, 2026.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Earnings Growth
2.9
Revenue Growth
4.2

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
2.3
Support Resistance
3.0
52w Position
6.1
GatesDeath cross (50MA < 200MA)Executive change: officer departure/appointmentMomentum 6.6>=5.5A.R:R 1.9 ≥ 1.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 38d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Moderate
RSI
51 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $151.71Resistance $162.46

Price Targets

$152
$174
A.Upside+9.4%
A.R:R1.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Analyst Consensus

Analysts17
Consensus3.9/5
Avg Target$200

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-21 (38d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is AVY stock a buy right now?

Sell if holding. Multiple concerning factors at $159.25: Thin upside margin: 9.4%; Concentration risk — Geographic: international operations (outside U.S.) (69.0%). Chart setup: Death cross but MACD improving, RSI 51. Prior stop was $151.65. Score 5.5/10, moderate confidence.

What is the AVY stock price target?

Take-profit target: $174.26 (+9.4% upside). Prior stop was $151.65. Stop-loss: $151.65.

What are the risks of investing in AVY?

Concentration risk — Geographic: international operations (outside U.S.) (69.0%); Thin upside margin: 9.4%; Leverage penalty (D/E 1.6): -1.0.

Is AVY overvalued or undervalued?

Avery Dennison Corporation trades at a P/E of 17.9 (forward 14.3). TrendMatrix value score: 6.5/10. Verdict: Sell.

What do analysts say about AVY?

17 analysts cover AVY with a consensus score of 3.9/5. Average price target: $200.

What does Avery Dennison Corporation do?Avery Dennison designs and manufactures pressure-sensitive label materials, RFID solutions, and performance tapes...

Avery Dennison designs and manufactures pressure-sensitive label materials, RFID solutions, and performance tapes through its Materials Group (69% of net sales) and Solutions Group (31%), selling to converters and apparel brands across 50+ countries. In 2025, approximately 69% of net sales came from international operations, with about 40% from emerging markets.

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