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NYSE:AVY

Avery Dennison (AVY) Stock Price, News & Analysis

$228.20
+2.97 (+1.32%)
(As of 06/12/2024 ET)
Today's Range
$225.85
$228.40
50-Day Range
$208.92
$229.22
52-Week Range
$163.83
$229.98
Volume
257,602 shs
Average Volume
439,030 shs
Market Capitalization
$18.38 billion
P/E Ratio
33.31
Dividend Yield
1.54%
Price Target
$230.50

Avery Dennison MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
1.0% Upside
$230.50 Price Target
Short Interest
Healthy
1.65% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.65
Upright™ Environmental Score
News Sentiment
1.16mentions of Avery Dennison in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$2.86 M Sold Last Quarter
Proj. Earnings Growth
10.73%
From $9.32 to $10.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.19 out of 5 stars

Industrial Products Sector

39th out of 167 stocks

Converted Paper & Paperboard Products, Except Containers & Box Industry

1st out of 3 stocks

AVY stock logo

About Avery Dennison Stock (NYSE:AVY)

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands. The company also offers graphics and reflective products for the architectural, commercial sign, digital printing, and other related market segments; durable cast and reflective films to the construction, automotive, and fleet transportation market segments; reflective films for traffic and safety applications; and pressure-sensitive vinyl and specialty materials designed for digital imaging, screen printing, and sign cutting applications under the Avery Dennison and Mactac brand names. In addition, it provides branding solutions include brand embellishments, graphic tickets, tags, and labels, and sustainable packaging; and information solutions include item-level RFID, visibility and loss prevention, price ticketing and marking, productivity and media solutions, and brand protection and security solutions, as well as care, content, and country of origin compliance solutions. It serves home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive industries. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.

AVY Stock Price History

AVY Stock News Headlines

Avery Dennison (NYSE:AVY) PT Raised to $250.00
Avery Dennison's CleanFlake™ Technology Hits New Milestone
Avery Dennison Announces Upcoming Investor Events
AVY Quantitative Stock Analysis
Avery Dennison Boosts Dividend
Avery Dennison raises dividend by 8.6% to $0.88
The Analyst Landscape: 5 Takes On Avery Dennison
Avery Dennison Increases Quarterly Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 3/20 Dividend
3/05/2024
Dividend Payable
3/20/2024
Last Earnings
4/24/2024
Ex-Dividend for 6/20 Dividend
6/05/2024
Today
6/12/2024
Dividend Payable
6/20/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Converted paper & paperboard products, except containers & box
Sub-Industry
Office Services & Supplies
CUSIP
05361110
CIK
8818
Employees
35,000
Year Founded
1935

Price Target and Rating

Average Stock Price Target
$230.50
High Stock Price Target
$253.00
Low Stock Price Target
$208.00
Potential Upside/Downside
+1.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$503 million
Pretax Margin
9.00%

Debt

Sales & Book Value

Annual Sales
$8.36 billion
Cash Flow
$11.79 per share
Book Value
$26.43 per share

Miscellaneous

Free Float
79,667,000
Market Cap
$18.30 billion
Optionable
Optionable
Beta
0.91

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AVY Stock Analysis - Frequently Asked Questions

Should I buy or sell Avery Dennison stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avery Dennison in the last twelve months. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AVY shares.
View AVY analyst ratings
or view top-rated stocks.

What is Avery Dennison's stock price target for 2024?

10 brokerages have issued 12 month price objectives for Avery Dennison's shares. Their AVY share price targets range from $208.00 to $253.00. On average, they expect the company's stock price to reach $230.50 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price.
View analysts price targets for AVY
or view top-rated stocks among Wall Street analysts.

How have AVY shares performed in 2024?

Avery Dennison's stock was trading at $202.16 at the beginning of 2024. Since then, AVY stock has increased by 12.9% and is now trading at $228.20.
View the best growth stocks for 2024 here
.

Are investors shorting Avery Dennison?

Avery Dennison saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,300,000 shares, an increase of 10.2% from the April 30th total of 1,180,000 shares. Based on an average daily volume of 420,900 shares, the days-to-cover ratio is currently 3.1 days. Approximately 1.6% of the shares of the company are sold short.
View Avery Dennison's Short Interest
.

When is Avery Dennison's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our AVY earnings forecast
.

How were Avery Dennison's earnings last quarter?

Avery Dennison Co. (NYSE:AVY) posted its quarterly earnings results on Wednesday, April, 24th. The industrial products company reported $2.29 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.14. The industrial products company earned $2.15 billion during the quarter, compared to analyst estimates of $2.15 billion. Avery Dennison had a net margin of 6.56% and a trailing twelve-month return on equity of 32.59%.

How often does Avery Dennison pay dividends? What is the dividend yield for Avery Dennison?

Avery Dennison declared a quarterly dividend on Thursday, April 25th. Stockholders of record on Wednesday, June 5th will be paid a dividend of $0.88 per share on Thursday, June 20th. This represents a $3.52 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend is Wednesday, June 5th. This is an increase from the stock's previous quarterly dividend of $0.81.
Read our dividend analysis for AVY
.

Is Avery Dennison a good dividend stock?

Avery Dennison (NYSE:AVY) pays an annual dividend of $3.52 per share and currently has a dividend yield of 1.57%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 51.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AVY will have a dividend payout ratio of 34.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AVY.

What guidance has Avery Dennison issued on next quarter's earnings?

Avery Dennison issued an update on its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of 9.000-9.500 for the period, compared to the consensus estimate of 9.320. The company issued revenue guidance of -.

What is Mitchell Butier's approval rating as Avery Dennison's CEO?

264 employees have rated Avery Dennison Chief Executive Officer Mitchell Butier on Glassdoor.com. Mitchell Butier has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Avery Dennison own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Avery Dennison investors own include NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Home Depot (HD), PayPal (PYPL), PepsiCo (PEP), Intel (INTC), JPMorgan Chase & Co. (JPM), UnitedHealth Group (UNH) and Boeing (BA).

Who are Avery Dennison's major shareholders?

Avery Dennison's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.89%), Lazard Asset Management LLC (2.50%), Price T Rowe Associates Inc. MD (1.82%), Boston Partners (1.27%), Bank of New York Mellon Corp (0.78%) and Principal Financial Group Inc. (0.76%). Insiders that own company stock include Andres Alberto Lopez, Anthony Anderson, Bradley A Alford, Deena Baker-Nel, Francisco Melo, Gregory Lovins, Ignacio J Walker, Julia A Stewart, Mitchell R Butier, Nicholas Colisto and Ryan D Yost.
View institutional ownership trends
.

How do I buy shares of Avery Dennison?

Shares of AVY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Avery Dennison have any subsidiaries?
The following companies are subsidiares of Avery Dennison: ADC PHILIPPINES INC., ADESPAN S.R.L., ADHIPRESS BANGLADESH LTD., AVERY CORP., AVERY DE MEXICO SRL DE CV, AVERY DENNISON (ASIA) HOLDINGS LIMITED, AVERY DENNISON (CHANGZHOU) FILMS TECHNOLOGY CO. LTD, AVERY DENNISON (CHINA) COMPANY LIMITED, AVERY DENNISON (FUZHOU) CONVERTED PRODUCTS LIMITED, AVERY DENNISON (GUANGZHOU) CO. LTD., AVERY DENNISON (GUANGZHOU) CONVERTED PRODUCTS LIMITED, AVERY DENNISON (GUANGZHOU) INTELLIGENT LABELS CO. LTD., AVERY DENNISON (HONG KONG) LIMITED, AVERY DENNISON (INDIA) PRIVATE LIMITED, AVERY DENNISON (IRELAND) LIMITED, AVERY DENNISON (KENYA) PRIVATE LIMITED, AVERY DENNISON (KUNSHAN) COMPANY LIMITED, AVERY DENNISON (MALAYSIA) SDN. BHD., AVERY DENNISON (QINGDAO) CONVERTED PRODUCTS LIMITED, AVERY DENNISON (SUZHOU) CO. LIMITED, AVERY DENNISON (THAILAND) LTD., AVERY DENNISON (VIETNAM) LIMITED, AVERY DENNISON ATMA GMBH, AVERY DENNISON ATMA d.o.o., AVERY DENNISON AUSTRALIA INTERNATIONAL HOLDINGS PTY LTD., AVERY DENNISON AUSTRALIA PTY LTD., AVERY DENNISON BELGIE BV, AVERY DENNISON BELGIUM MANAGEMENT SERVICES SRL, AVERY DENNISON BENELUX BV, AVERY DENNISON BV, AVERY DENNISON C.A., AVERY DENNISON CANADA CORPORATION, AVERY DENNISON CENTRAL EUROPE GMBH, AVERY DENNISON CHILE S.A., AVERY DENNISON COLOMBIA S. A. S., AVERY DENNISON COMMERCIAL EL SALVADOR S.A. DE C.V., AVERY DENNISON CONVERTED PRODUCTS DE MEXICO S.A. DE C.V., AVERY DENNISON CONVERTED PRODUCTS EL SALVADOR S. A. DE C. V., AVERY DENNISON DE ARGENTINA S.R.L., AVERY DENNISON DO BRASIL LTDA., AVERY DENNISON DOMINICAN REPUBLIC S.R.L., AVERY DENNISON EGYPT LLC, AVERY DENNISON ETIKET TICARET LIMITED SIRKETI, AVERY DENNISON EUROPE HOLDING (DEUTSCHLAND) GMBH & CO KG, AVERY DENNISON FINANCE GERMANY GMBH, AVERY DENNISON G HOLDINGS I LLC, AVERY DENNISON G HOLDINGS III LLC, AVERY DENNISON G INVESTMENTS III LIMITED, AVERY DENNISON G INVESTMENTS V LIMITED, AVERY DENNISON GROUP DANMARK APS, AVERY DENNISON GROUP SINGAPORE PTE LTD, AVERY DENNISON GULF FZCO, AVERY DENNISON HOLDING FRANCE, AVERY DENNISON HOLDING GMBH, AVERY DENNISON HOLDING LIMITED, AVERY DENNISON HOLDING LUXEMBOURG S. A. R. L., AVERY DENNISON HOLDINGS LLC, AVERY DENNISON HOLDING & FINANCE THE NETHERLANDS BV, AVERY DENNISON HONG KONG B.V., AVERY DENNISON HONG KONG HOLDING I B.V., AVERY DENNISON IBERICA S.A., AVERY DENNISON INNOVATIONS LLC, AVERY DENNISON INTELLIGENT HEALTHCARE SOLUTIONS LLC, AVERY DENNISON INTELLIGENT LABELS EUROPE S.R.L., AVERY DENNISON INTELLIGENT LABELS HK LIMITED, AVERY DENNISON INVESTMENT LUXEMBOURG II SARL, AVERY DENNISON INVESTMENTS LUXEMBOURG III SARL, AVERY DENNISON INVESTMENTS LUXEMBOURG IV SARL, AVERY DENNISON ISRAEL LTD., AVERY DENNISON ITALIA S.R.L., AVERY DENNISON JAPAN KK, AVERY DENNISON JAPAN MATERIALS COMPANY LTD., AVERY DENNISON KOREA LIMITED, AVERY DENNISON LABEL LIMITED, AVERY DENNISON LANKA (PRIVATE) LIMITED, AVERY DENNISON LUXEMBOURG S.A.R.L., AVERY DENNISON LUXEMBOURG SALES SARL, AVERY DENNISON MANAGEMENT GMBH, AVERY DENNISON MATERIALS BELGIUM SRL, AVERY DENNISON MATERIALS EUROPE B.V., AVERY DENNISON MATERIALS EUROPE GMBH, AVERY DENNISON MATERIALS FRANCE S.A.R.L., AVERY DENNISON MATERIALS GMBH, AVERY DENNISON MATERIALS IRELAND LIMITED, AVERY DENNISON MATERIALS NEDERLAND BV, AVERY DENNISON MATERIALS NEW ZEALAND LIMITED, AVERY DENNISON MATERIALS PTY LIMITED, AVERY DENNISON MATERIALS ROM SRL, AVERY DENNISON MATERIALS RUSSIA LLC, AVERY DENNISON MATERIALS SALES BELGIUM SRL, AVERY DENNISON MATERIALS SALES FRANCE S. A. S., AVERY DENNISON MATERIALS SALES GERMANY GMBH, AVERY DENNISON MATERIALS SDN BHD, AVERY DENNISON MATERIALS U.K. LIMITED, AVERY DENNISON MATERIALS UKRAINE LLC, AVERY DENNISON MAURITIUS LTD., AVERY DENNISON MEDICAL LIMITED, AVERY DENNISON NETHERLANDS INVESTMENT I BV, AVERY DENNISON NETHERLANDS INVESTMENT II B. V., AVERY DENNISON NETHERLANDS INVESTMENT III BV, AVERY DENNISON NETHERLANDS INVESTMENT VII B.V., AVERY DENNISON NETHERLANDS INVESTMENT VIII BV, AVERY DENNISON NETHERLANDS INVESTMENT X BV, AVERY DENNISON NETHERLANDS INVESTMENT XI B.V., AVERY DENNISON NETHERLANDS INVESTMENT XII BV, AVERY DENNISON NORDIC APS, AVERY DENNISON NTP A. S., AVERY DENNISON OFFICE PRODUCTS COMPANY, AVERY DENNISON OFFICE PRODUCTS HOLDINGS COMPANY, AVERY DENNISON OFFICE PRODUCTS MANUFACTURING U.K. LTD., AVERY DENNISON OVERSEAS CORPORATION, AVERY DENNISON PENSION TRUSTEE LIMITED, AVERY DENNISON PERU S. R. L., AVERY DENNISON POLSKA SP. Z O.O., AVERY DENNISON PRAHA SPOL. S R. O., AVERY DENNISON R.I.S. FRANCE S. A. S., AVERY DENNISON R.I.S. IBERIA S.L., AVERY DENNISON R.I.S. ITALIA S.R.L., AVERY DENNISON RBIS (CAMBODIA) CO. LTD, AVERY DENNISON RBIS (CAMBODIA) TRADING CO. LTD, AVERY DENNISON RBIS INDIA PRIVATE LIMITED, AVERY DENNISON RBIS PTY LTD, AVERY DENNISON RETAIL INFORMATION SERVICES (PTY) LTD, AVERY DENNISON RETAIL INFORMATION SERVICES COLOMBIA S. A. S., AVERY DENNISON RETAIL INFORMATION SERVICES DE MEXICO S. A. DE C.V., AVERY DENNISON RETAIL INFORMATION SERVICES EL SALVADOR LTDA. DE C. V., AVERY DENNISON RETAIL INFORMATION SERVICES GUATEMALA S. A., AVERY DENNISON RETAIL INFORMATION SERVICES HONDURAS S. DE R.L., AVERY DENNISON RETAIL INFORMATION SERVICES LLC, AVERY DENNISON RETAIL INFORMATION SERVICES PERÚ SAC, AVERY DENNISON RETAIL INFORMATION SERVICES UK LTD., AVERY DENNISON RFID COMPANY, AVERY DENNISON RIS TAIWAN LTD., AVERY DENNISON RIS VIETNAM CO. LIMITED, AVERY DENNISON S.A. DE C.V., AVERY DENNISON S.R.L., AVERY DENNISON SCANDINAVIA AB, AVERY DENNISON SCANDINAVIA APS, AVERY DENNISON SECURITY PRINTING EUROPE APS, AVERY DENNISON SHARED SERVICES INC., AVERY DENNISON SINGAPORE (PTE) LTD., AVERY DENNISON SMARTRAC LATAM LTDA., AVERY DENNISON SOUTH AFRICA (PROPRIETARY) LIMITED, AVERY DENNISON SUPPORT SERVICES, AVERY DENNISON TEKSTIL URUNLERI SANAYI VE TICARET LIMITED SIRKETI, AVERY DENNISON TRADING COMPANY LTD, AVERY DENNISON TREASURY MANAGEMENT BV, AVERY DENNISON U.K. II LIMITED, AVERY DENNISON U.K. LIMITED, AVERY GRAPHIC SYSTEMS INC., AVERY LLC, AVERY OFFICE PRODUCTS PUERTO RICO L.L.C., AVERY PACIFIC LLC, AVERY PROPERTIES PTY. LIMITED, AWESOME PROFITS LIMITED, BEST COURAGE INTERNATIONAL LIMITED, CB VELOCITY HOLDINGS LLC, CB VELOCITY MIDCO INC., CHOICE CLEVER PROFITS LIMITED, CREATERO GMBH, DENNISON INTERNATIONAL COMPANY, DENNISON MANUFACTURING COMPANY, DM Label Group, Dunsirn Industries, ELECTRONIC IMAGING SERVICES INC., EUSTON FINANCIAL LIMITED, EVERGREEN HOLDING SARL, EVERGREEN HOLDINGS V LLC, FOXFIRE PRINTING AND PACKAGING INC., Finesse Medical, HANITA COATINGS USA LLC, HANITA EUROPA GMBH, HEBEI YONGLE TAPE CO. LTD., Hanita Coatings, INFORMATION PLANNING AND MANAGEMENT SERVICES INC., INK MILL LLC, INTEGRATED RETAIL LIMITED, INTELICHOICE LLC, JAC ASIA PACIFIC SDN BHD, JAC CARIBE C.S.Z., JAC DO BRASIL - LOCAÇÃO DE EQUIPAMENTOS INDUSTRIAIS LTDA, JACKSTADT FRANCE S.N.C., JDC EAST PTE LTD., JDC SOLUTIONS INC., JDC Solutions, JINTEX LIMITED, Jackstadt GmbH, L&E AMERICAS SERVICIOS S. A. DE C.V., L&E Packaging, MACtac Europe S.A., MARKSTAR INTERNATIONAL LIMITED, MODERN MARK INTERNATIONAL LIMITED, NINGBO AVERY DENNISON SHENZHOU EMBELLISHMENT CO. LTD., P. T. PACIFIC LABEL INDONESIA, P. T. PAXAR INDONESIA, PAXAR (CHINA) LTD., PAXAR B.V., PAXAR BANGLADESH LIMITED, PAXAR CANADA CORPORATION, PAXAR CORPORATION, PAXAR DE EL SALVADOR S. A. DE C. V., PAXAR DE GUATEMALA S. A., PAXAR DE MEXICO S. A. DE C. V., PAXAR DO BRASIL LTDA, PAXAR FAR EAST LIMITED, PAXAR MAROC SARL, PAXAR PACKAGING (GUANGZHOU) LTD., PAXAR PAKISTAN (PRIVATE) LIMITED, PINNACLE BUSINESS PRODUCTS LLC, PLYMOUTH YONGLE TAPE (SHANGHAI) CO. LTD, PT AVERY DENNISON INDONESIA, PT AVERY DENNISON PACKAGING INDONESIA, RVL AMERICAS S DE R.L. DE C.V., RVL CENTRAL AMERICA S. A., RVL PACKAGING FAR EAST LIMITED, RVL Packaging Inc., RVL SERVICE S. DE R. L. DE C. V., Rietveld, Rinke Etiketten GmbH, SECURITY PRINTING DIVISION INC., SKILLFIELD INVESTMENTS LIMITED, SMARTRAC INVESTMENT B.V., SMARTRAC SPECIALTY GMBH, SMARTRAC TECHNOLOGY (GUANGZHOU) CO. LTD, SMARTRAC TECHNOLOGY FLETCHER INC., SMARTRAC TECHNOLOGY GERMANY GMBH, SMARTRAC TECHNOLOGY GMBH, SMARTRAC TECHNOLOGY MALAYSIA SDN. BHD, SSH LABORATORIES INC., Stimsonite Corp, TIGER EIGHT GROUP LIMITED, TexTrace AG, VESTCOM BROKEN ARROW INC., VESTCOM NEW CENTURY LLC, VESTCOM PARENT HOLDINGS INC., VESTCOM MID-ATLANTIC  LLC, WORLDWIDE RISK INSURANCE INC., YONGLE TAPE LTD, and Yongle Tape Co.
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This page (NYSE:AVY) was last updated on 6/12/2024 by MarketBeat.com Staff

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