Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.

Avery Dennison (AVY)

Headquartered in Pasadena, CA, Avery Dennison Corporation produces pressure-sensitive materials, and a variety of tickets, tags, labels and other converted products. Its clientele is spread across the United States, Europe, Asia, Latin America and other regions.

AVY boasts a Value Style Score of B and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Avery Dennison are trading at a forward earnings multiple of 21.5X, as well as a PEG Ratio of 1.6, a Price/Cash Flow ratio of 17.4X, and a Price/Sales ratio of 1.9X.

Many value investors pay close attention to a company's earnings as well. For AVY, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $9.42 per share for 2024. Per share AVY boasts an average earnings surprise of 3.7%.

Investors should take the time to consider AVY for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.

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Avery Dennison Corporation (AVY) : Free Stock Analysis Report

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