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Avery Dennison Corp. (AVY)
NYSE:AVY
Holding AVY?
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AVY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$165.21 - $233.48
Previous Close$218.82
Volume958.01K
Average Volume (3M)499.89K
Market Cap
$17.62B
Enterprise Value$20.63B
Total Cash (Recent Filing)$208.80M
Total Debt (Recent Filing)$3.22B
Price to Earnings (P/E)28.1
Beta0.80
Next Earnings
Oct 23, 2024EPS Estimate
$2.32Last Dividend Ex-Date
Sep 04, 2024Dividend Yield1.51%
Share Statistics
EPS (TTM)7.79
Shares Outstanding80,519,053
10 Day Avg. Volume676,820
30 Day Avg. Volume499,891
Standard Deviation0.07
R-Squared0.42
Alpha0.00381
Financial Highlights & Ratios
Price to Book (P/B)7.71
Price to Sales (P/S)2.05
Price to Cash Flow (P/CF)22.30
P/FCF Ratio29.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.40
Enterprise Value/Gross Profit9.06
Enterprise Value/Ebitda16.26
Forecast
1Y Price Target
$241.43Price Target Upside8.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Avery Dennison News
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceAvery Dennison has some of the highest EPS growth in the large-cap chemical/material sector over the next three years, with expectations for long-term double-digit EPS growth.
Growth OpportunitiesAvery Dennison continues to benefit from strong intrinsic growth drivers, including high value categories and RFID, making it an attractive long-term investment.
Market LeadershipAvery Dennison's continued focus on intelligent labels and new grocery wins are expected to drive strong top-line growth and margin improvements, solidifying its market leadership.
Bears Say
Earnings GuidanceThe stock's $10/share drop on I-Day highlights that performance and guidance are held to high standards.
Growth OutlookAVY reduced its Intelligent Labels growth expectation from over 20% to over 15%, largely due to customer uncertainty regarding the timing of new rollouts.
Volume And EfficiencyDestocking significantly impacted label volumes and operating efficiency in 2023, with volumes still below 2022 levels.
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Ownership Overview
1.62% Insiders
36.53% Mutual Funds
45.41% Other Institutional Investors
16.44% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AVY FAQ
What was Avery Dennison Corp.’s price range in the past 12 months?
Avery Dennison Corp. lowest stock price was $165.21 and its highest was $233.47 in the past 12 months.
What is Avery Dennison Corp.’s market cap?
Currently, no data Available
When is Avery Dennison Corp.’s upcoming earnings report date?
Avery Dennison Corp.’s upcoming earnings report date is Oct 23, 2024 which is in 27 days.
How were Avery Dennison Corp.’s earnings last quarter?
Avery Dennison Corp. released its earnings results on Jul 23, 2024. The company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.255 by $0.165.
Is Avery Dennison Corp. overvalued?
According to Wall Street analysts Avery Dennison Corp.’s price is currently Undervalued.
Does Avery Dennison Corp. pay dividends?
Avery Dennison Corp. pays a Quarterly dividend of $0.88 which represents an annual dividend yield of 1.51%. See more information on Avery Dennison Corp. dividends here
What is Avery Dennison Corp.’s EPS estimate?
Avery Dennison Corp.’s EPS estimate is $2.32.
How many shares outstanding does Avery Dennison Corp. have?
Avery Dennison Corp. has 80,519,050 shares outstanding.
What happened to Avery Dennison Corp.’s price movement after its last earnings report?
Avery Dennison Corp. reported an EPS of $2.42 in its last earnings report, beating expectations of $2.255. Following the earnings report the stock price went down -1.612%.
Which hedge fund is a major shareholder of Avery Dennison Corp.?
Among the largest hedge funds holding Avery Dennison Corp.’s share is Public Investment Fund. It holds Avery Dennison Corp.’s shares valued at 143M.
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Avery Dennison Stock Smart Score
Unlock Smart Score
1
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5
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$241.43 (8.87% Upside)
$241.43 (8.87% Upside)
Blogger Sentiment
Neutral
AVY Sentiment 60%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 18.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.13%
12-Months-Change
Fundamentals
Return on Equity
29.31%
Trailing 12-Months
Asset Growth
0.39%
Trailing 12-Months
Company Description
Avery Dennison Corp.
Avery Dennison Corp. engages in the provision of labeling and packaging materials and solutions. It operates through the following segments: Label & Graphic Materials, Retail Branding & Information Solutions and Industrial & Healthcare Materials. The Label and Graphic Materials Segment manufactures and sells Fasson, JAC, and Avery Dennison-brand pressure-sensitive label and packaging materials, Avery Dennison and Mactac brand graphics, and Avery Dennison brand reflective products. The Retail Branding and Information Solutions segment designs, manufactures, and sells a variety of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors and industrial customers. The Industrial and Healthcare Materials Segment manufactures and sells Fasson-brand and Avery Dennison-brand tapes and fasteners, Vancive -brand medical pressure sensitive adhesive based materials and products, and performance polymers. The company was founded by R. Stanton Avery in 1935 and is headquartered in Glendale, CA.
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AVY Company Deck
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AVY Earnings Call
Q2 2024
0:00 / 0:00
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AVY Net sales Breakdown
69.48% Materials Group
30.52% Solutions Group
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AVY Stock 12 Month Forecast
Average Price Target
$241.43
▲(8.87% Upside)
Technical Analysis
Best Analysts Covering AVY
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+17.91%
assigned a buy rating 5 months ago
Copying Chris Kapsch's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +17.91% per trade.
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