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Avery Dennison Corp. (AVY)
NYSE:AVY
Avery Dennison (AVY) Stock Price & Analysis
487 Followers
AVY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$163.28 - $231.53
Previous Close$213.36
Volume389.79K
Average Volume (3M)439.00K
Market Cap
$17.19B
Enterprise Value$20.22B
Total Cash (Recent Filing)$215.00M
Total Debt (Recent Filing)$3.24B
Price to Earnings (P/E)31.2
Beta0.96
Next Earnings
Jul 23, 2024EPS Estimate
$2.26Last Dividend Ex-Date
Jun 05, 2024Dividend Yield1.48%
Share Statistics
EPS (TTM)6.84
Shares Outstanding80,553,349
10 Day Avg. Volume375,632
30 Day Avg. Volume439,003
Standard Deviation0.07
R-Squared0.44
Alpha0.00587
Financial Highlights & Ratios
Price to Book (P/B)-24.88
Price to Sales (P/S)8.66
Price to Cash Flow (P/CF)14.70
P/FCF Ratio19.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.42
Enterprise Value/Gross Profit8.88
Enterprise Value/Ebitda19.12
Forecast
1Y Price Target
$235.89Price Target Upside9.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Avery Dennison News
PremiumCompany Announcements
Avery Dennison Appoints Ward Dickson to Board and Committees
Bulls Say, Bears Say
Bulls Say
Operational ImprovementAVY will see more operational improvement ahead as it integrates acquisitions and sees the benefits of restructuring and a relatively stable macroeconomic backdrop.
RFID And Intelligent LabelsRFID activity remains elevated across multiple categories, with AVY confident on a 350B unit opportunity set.
Volume GrowthThe convincing volume improvement on a YOY basis during 1Q confirms early stage volume recovery for Avery Dennison, noting that momentum should build throughout 2024.
Bears Say
EarningsSolutions EBITDA margins of 16.1% were disappointing in the quarter as the highly profitable RFID business saw slightly lower volumes.
Financial PerformanceModest pull-forward in European labels and rising Paper costs push 2Q est. lower (from $2.31 to $2.20).
GrowthIntelligent Label growth is guided a touch lower than previously given the slower-than-anticipated parcel shipments.
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Ownership Overview
1.62% Insiders
37.05% Mutual Funds
23.81% Other Institutional Investors
37.52% 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 $163.28 and its highest was $231.53 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 Jul 23, 2024 which is in 20 days.
How were Avery Dennison Corp.’s earnings last quarter?
Avery Dennison Corp. released its earnings results on Apr 24, 2024. The company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.155 by $0.135.
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 1.48%. See more information on Avery Dennison Corp. dividends here
What is Avery Dennison Corp.’s EPS estimate?
Avery Dennison Corp.’s EPS estimate is $2.26.
How many shares outstanding does Avery Dennison Corp. have?
Avery Dennison Corp. has 80,553,350 shares outstanding.
What happened to Avery Dennison Corp.’s price movement after its last earnings report?
Avery Dennison Corp. reported an EPS of $2.29 in its last earnings report, beating expectations of $2.155. Following the earnings report the stock price went up 0.518%.
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 146M.
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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:
$235.89 (9.66% Upside)
$235.89 (9.66% Upside)
Blogger Sentiment
Neutral
AVY Sentiment 60%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 21.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 2.9%
Last 30 Days ▲ 2.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.20%
12-Months-Change
Fundamentals
Return on Equity
26.10%
Trailing 12-Months
Asset Growth
0.40%
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
Q1 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
$235.89
▲(9.66% Upside)
Technical Analysis
Best Analysts Covering AVY
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+18.10%
assigned a buy rating 2 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 +18.10% per trade.
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