Avery Dennison Corporation Company Profile (NYSE:AVY)

About Avery Dennison Corporation (NYSE:AVY)

Avery Dennison Corporation logoAvery Dennison Corporation (Avery Dennison) is engaged in the production of pressure-sensitive materials and a range of tickets, tags, labels and other converted products. The Company's segments include Label and Graphic Materials (LGM); Retail Branding and Information Solutions (RBIS), and Industrial and Healthcare Materials (IHM). The Company's LGM 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 Company's RBIS segment designs, manufactures and sells a range of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors and industrial customers on a global basis. The Company's IHM segment manufactures and sells Fasson-brand and Avery Dennison-brand tapes and fasteners, Vancive-brand medical pressure-sensitive adhesive (PSA) based materials and products, and performance polymers.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Non-Paper Containers & Packaging
  • Sub-Industry: Office Services & Supplies
  • Symbol: NYSE:AVY
  • CUSIP: 05361110
  • Web: www.averydennison.com
  • Market Cap: $8.81 billion
  • Outstanding Shares: 88,388,000
Average Prices:
  • 50 Day Moving Avg: $98.33
  • 200 Day Moving Avg: $90.19
  • 52 Week Range: $68.55 - $102.55
  • Trailing P/E Ratio: 23.42
  • Foreward P/E Ratio: 18.60
  • P/E Growth: 1.64
Sales & Book Value:
  • Annual Revenue: $6.26 billion
  • Price / Sales: 1.41
  • Book Value: $12.10 per share
  • Price / Book: 8.24
  • Annual Dividend: $1.80
  • Dividend Yield: 1.8%
  • EBITDA: $792.5 million
  • Net Margins: 6.14%
  • Return on Equity: 39.29%
  • Return on Assets: 8.44%
  • Debt-to-Equity Ratio: 1.19%
  • Current Ratio: 1.12%
  • Quick Ratio: 0.81%
  • Average Volume: 616,372 shs.
  • Beta: 1.19
  • Short Ratio: 4.53

Frequently Asked Questions for Avery Dennison Corporation (NYSE:AVY)

What is Avery Dennison Corporation's stock symbol?

Avery Dennison Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVY."

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

Avery Dennison Corporation declared a quarterly dividend on Thursday, July 27th. Stockholders of record on Wednesday, September 6th will be given a dividend of $0.45 per share on Wednesday, September 20th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend is Friday, September 1st. View Avery Dennison Corporation's Dividend History.

How were Avery Dennison Corporation's earnings last quarter?

Avery Dennison Corporation (NYSE:AVY) posted its earnings results on Tuesday, July, 25th. The company reported $1.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.21 by $0.10. The firm earned $1.63 billion during the quarter, compared to the consensus estimate of $1.61 billion. Avery Dennison Corporation had a return on equity of 39.29% and a net margin of 6.14%. The firm's revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.09 EPS. View Avery Dennison Corporation's Earnings History.

When will Avery Dennison Corporation make its next earnings announcement?

Avery Dennison Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Avery Dennison Corporation.

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

Avery Dennison Corporation issued an update on its FY17 earnings guidance on Tuesday, July, 25th. The company provided earnings per share guidance of $4.75-4.90 for the period, compared to the Thomson Reuters consensus estimate of $4.60.

Where is Avery Dennison Corporation's stock going? Where will Avery Dennison Corporation's stock price be in 2017?

8 analysts have issued 1-year target prices for Avery Dennison Corporation's stock. Their forecasts range from $75.00 to $108.00. On average, they anticipate Avery Dennison Corporation's stock price to reach $93.14 in the next year. View Analyst Ratings for Avery Dennison Corporation.

What are analysts saying about Avery Dennison Corporation stock?

Here are some recent quotes from research analysts about Avery Dennison Corporation stock:

  • 1. According to Zacks Investment Research, "For 2017, Avery Dennison expects earnings per share to lie in the range of $4.75–$4.90. The midpoint of the guidance range reflects a year-over-year growth of 20%. The company anticipates reported sales growth in the range of 7–8% for the full year, reflecting the impact of the Yongle and Finesse acquisitions and a smaller currency headwind. Its shares have underperformed the industry year to date. Its estimates have gone down lately. Transition costs related to acquisitions and raw material inflation remain headwinds for Avery Dennison's results in the near term. Following the Yongle and Finesse acquisitions, Avery Dennison’s net debt-to-EBITDA ratio has gone up closer to the high end of its target range." (10/17/2017)
  • 2. KeyCorp analysts commented, "We commend the Company on its continued robust organic growth (4% in 1Q17), but we continue to think the Company is at or near peak margins and the stock is trading well above its historical averages (AVY repurchased very little stock in the quarter, and we do not think that is a coincidence). We reiterate our Sector Weight rating on valuation." (4/26/2017)

Who are some of Avery Dennison Corporation's key competitors?

Who are Avery Dennison Corporation's key executives?

Avery Dennison Corporation's management team includes the folowing people:

  • Dean A. Scarborough, Executive Chairman of the Board
  • Mitchell R. Butier, President, Chief Executive Officer
  • Gregory S. Lovins, Chief Financial Officer, Senior Vice President
  • Georges Gravanis, President - Label and Graphic Materials
  • Anne Hill, Senior Vice President, Chief Human Resources Officer
  • Susan C. Miller, Senior Vice President, General Counsel, Secretary
  • Lori J. Bondar, Vice President, Chief Accounting Officer, Controller
  • Michael S. Johansen, Vice President, General Manager - Industrial and Health Care Materials
  • Deon Stander, Vice President, General Manager - Retail Branding and Information Solutions ("RBIS")
  • David E. I. Pyott, Lead Independent Director

Who owns Avery Dennison Corporation stock?

Avery Dennison Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.57%), Robeco Institutional Asset Management B.V. (0.18%), Assenagon Asset Management S.A. (0.08%), Mutual of America Capital Management LLC (0.05%), State Treasurer State of Michigan (0.03%) and Exane Derivatives (0.02%). Company insiders that own Avery Dennison Corporation stock include Anne Hill, Anthony Anderson, Bradley A Alford, David E I Pyott, Dean A Scarborough, Deon Stander, Georges Gravanis, Julia A Stewart, Ken C Hicks, Lori J Bondar, Mitchell R Butier, Patrick Siewert and Susan C Miller. View Institutional Ownership Trends for Avery Dennison Corporation.

Who sold Avery Dennison Corporation stock? Who is selling Avery Dennison Corporation stock?

Avery Dennison Corporation's stock was sold by a variety of institutional investors in the last quarter, including Albert D Mason Inc. and State Treasurer State of Michigan. Company insiders that have sold Avery Dennison Corporation stock in the last year include Anne Hill, Anthony Anderson, David E I Pyott, Dean A Scarborough, Deon Stander, Julia A Stewart, Patrick Siewert and Susan C Miller. View Insider Buying and Selling for Avery Dennison Corporation.

Who bought Avery Dennison Corporation stock? Who is buying Avery Dennison Corporation stock?

Avery Dennison Corporation's stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Assenagon Asset Management S.A., Exane Derivatives, Mutual of America Capital Management LLC, Meeder Asset Management Inc., Oakbrook Investments LLC and Robeco Institutional Asset Management B.V.. Company insiders that have bought Avery Dennison Corporation stock in the last two years include Bradley A Alford and Lori J Bondar. View Insider Buying and Selling for Avery Dennison Corporation.

How do I buy Avery Dennison Corporation stock?

Shares of Avery Dennison Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Avery Dennison Corporation's stock price today?

One share of Avery Dennison Corporation stock can currently be purchased for approximately $99.71.

MarketBeat Community Rating for Avery Dennison Corporation (NYSE AVY)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  142 (Vote Outperform)
Underperform Votes:  242 (Vote Underperform)
Total Votes:  384
MarketBeat's community ratings are surveys of what our community members think about Avery Dennison Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Avery Dennison Corporation (NYSE:AVY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $93.14 (6.59% downside)
Consensus Price Target History for Avery Dennison Corporation (NYSE:AVY)
Price Target History for Avery Dennison Corporation (NYSE:AVY)
Analysts' Ratings History for Avery Dennison Corporation (NYSE:AVY)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/28/2017Loop CapitalInitiated CoverageHold -> Hold$99.00MediumView Rating Details
9/22/2017KeyCorpReiterated RatingHoldLowView Rating Details
9/1/2017Robert W. BairdReiterated RatingBuy$100.00MediumView Rating Details
7/26/2017Citigroup Inc.Boost Price TargetBuy$106.00 -> $108.00LowView Rating Details
6/20/2017Bank of America CorporationUpgradeNeutral -> Buy$90.00 -> $96.00MediumView Rating Details
6/1/2017AegisReiterated RatingHoldLowView Rating Details
5/1/2017Barclays PLCReiterated RatingOverweight$95.00 -> $96.00LowView Rating Details
10/27/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$78.00N/AView Rating Details
4/22/2016Credit Suisse GroupInitiated CoverageNeutral$64.00 -> $75.00N/AView Rating Details
(Data available from 10/22/2015 forward)


Earnings History for Avery Dennison Corporation (NYSE:AVY)
Earnings by Quarter for Avery Dennison Corporation (NYSE:AVY)
Earnings History by Quarter for Avery Dennison Corporation (NYSE AVY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$1.20N/AView Earnings Details
7/25/2017Q2 2017$1.21$1.31$1.61 billion$1.63 billionViewN/AView Earnings Details
4/26/2017Q1 2017$1.04$1.11$1.53 billion$1.57 billionViewN/AView Earnings Details
2/1/2017Q416$0.93$0.99$1.50 billion$1.55 billionViewListenView Earnings Details
10/26/2016Q316$1.00$1.01$1.51 billion$1.51 billionViewListenView Earnings Details
7/26/2016Q216$1.01$1.09$1.54 billion$1.54 billionViewListenView Earnings Details
4/27/2016Q116$0.86$0.94$1.51 billion$1.49 billionViewListenView Earnings Details
2/3/2016Q415$0.78$0.85$1.45 billion$1.45 billionViewListenView Earnings Details
10/29/2015Q315$0.84$0.87$1.48 billion$1.47 billionViewListenView Earnings Details
7/29/2015Q215$0.88$0.91$1.52 billion$1.52 billionViewListenView Earnings Details
4/29/2015Q115$0.70$0.81$1.48 billion$1.53 billionViewListenView Earnings Details
2/2/2015Q414$0.80$0.90$1.62 billion$1.60 billionViewListenView Earnings Details
10/24/2014Q314$0.74$0.77$1.57 billion$1.56 billionViewListenView Earnings Details
7/25/2014Q214$0.79$0.80$1.62 billion$1.62 billionViewListenView Earnings Details
4/23/2014Q114$0.66$0.65$1.57 billion$1.55 billionViewListenView Earnings Details
1/31/2014Q413$0.68$0.69$1.53 billion$1.58 billionViewListenView Earnings Details
10/25/2013Q313$0.09$0.69$1.51 billion$1.50 billionViewListenView Earnings Details
7/23/2013Q2 2013$0.70$0.71$1.54 billion$1.55 billionViewListenView Earnings Details
4/24/2013Q1 2013$0.58$0.59$1.53 billion$1.50 billionViewListenView Earnings Details
1/30/2013Q4 2012$0.49$0.54$1.47 billion$1.53 billionViewListenView Earnings Details
10/24/2012$0.45$0.53ViewN/AView Earnings Details
7/24/2012$0.57$0.56ViewN/AView Earnings Details
4/25/2012$0.43$0.45ViewN/AView Earnings Details
1/31/2012$0.47$0.39ViewN/AView Earnings Details
10/26/2011$0.59$0.48ViewN/AView Earnings Details
4/27/2011$0.47$0.51ViewN/AView Earnings Details
2/2/2011$0.97$0.98ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Avery Dennison Corporation (NYSE:AVY)
2017 EPS Consensus Estimate: $4.74
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$1.05$1.05$1.05
Q2 20171$1.21$1.21$1.21
Q3 20171$1.22$1.22$1.22
Q4 20171$1.26$1.26$1.26
(Data provided by Zacks Investment Research)


Current Dividend Information for Avery Dennison Corporation (NYSE:AVY)
Most Recent Dividend:9/20/2017
Annual Dividend:$1.80
Dividend Yield:1.81%
Dividend Growth:12.00% (3 Year Average)
Payout Ratio:42.25% (Trailing 12 Months of Earnings)
37.27% (Based on This Year's Estimates)
33.58% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Avery Dennison Corporation (NYSE:AVY)

Dividend History by Quarter for Avery Dennison Corporation (NYSE AVY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Avery Dennison Corporation (NYSE:AVY)
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 86.51%
Insider Trades by Quarter for Avery Dennison Corporation (NYSE:AVY)
Institutional Ownership by Quarter for Avery Dennison Corporation (NYSE:AVY)
Insider Trades by Quarter for Avery Dennison Corporation (NYSE:AVY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/30/2017David E I PyottDirectorSell2,000$94.00$188,000.00View SEC Filing  
8/28/2017David E I PyottDirectorSell298$94.00$28,012.00View SEC Filing  
8/3/2017Patrick SiewertDirectorSell10,000$93.63$936,300.00View SEC Filing  
6/2/2017Anthony AndersonDirectorSell6,248$85.15$532,017.20View SEC Filing  
5/30/2017Deon StanderVPSell5,000$84.50$422,500.00View SEC Filing  
5/16/2017Anthony AndersonDirectorSell950$84.42$80,199.00View SEC Filing  
3/9/2017Dean A ScarboroughInsiderSell34,437$80.02$2,755,648.74View SEC Filing  
3/1/2017Anne HillVPSell19,504$81.83$1,596,012.32View SEC Filing  
2/23/2017Bradley A AlfordDirectorBuy150$80.14$12,021.00View SEC Filing  
2/16/2017Dean A ScarboroughInsiderSell50,000$79.84$3,992,000.00View SEC Filing  
2/16/2017Patrick SiewertDirectorSell9,027$80.00$722,160.00View SEC Filing  
2/14/2017Dean A ScarboroughInsiderSell50,000$79.29$3,964,500.00View SEC Filing  
2/8/2017Dean A ScarboroughInsiderSell50,000$79.27$3,963,500.00View SEC Filing  
2/6/2017Dean A ScarboroughInsiderSell50,000$79.29$3,964,500.00View SEC Filing  
2/3/2017Susan C MillerVPSell104,065$79.16$8,237,785.40View SEC Filing  
12/14/2016Dean A ScarboroughInsiderSell28,577$73.00$2,086,121.00View SEC Filing  
12/7/2016Dean A ScarboroughInsiderSell50,000$73.14$3,657,000.00View SEC Filing  
12/1/2016Susan C MillerVPSell2,000$72.06$144,120.00View SEC Filing  
11/30/2016Dean A ScarboroughInsiderSell28,734$73.00$2,097,582.00View SEC Filing  
11/28/2016Julia A StewartDirectorSell2,000$72.65$145,300.00View SEC Filing  
11/1/2016Lori J BondarVPBuy2,000$69.72$139,440.00View SEC Filing  
10/3/2016Susan C MillerVPSell2,000$77.36$154,720.00View SEC Filing  
9/1/2016Susan C MillerVPSell2,000$77.56$155,120.00View SEC Filing  
8/25/2016Dean A ScarboroughInsiderSell50,000$77.75$3,887,500.00View SEC Filing  
8/23/2016Dean A ScarboroughInsiderSell50,000$77.41$3,870,500.00View SEC Filing  
8/12/2016Anne HillVPSell11,567$78.10$903,382.70View SEC Filing  
8/11/2016Dean A ScarboroughInsiderSell50,000$78.51$3,925,500.00View SEC Filing  
8/9/2016Dean A ScarboroughInsiderSell50,000$78.50$3,925,000.00View SEC Filing  
8/8/2016David E I PyottDirectorSell2,000$78.61$157,220.00View SEC Filing  
8/3/2016Dean A ScarboroughInsiderSell130,000$77.05$10,016,500.00View SEC Filing  
8/2/2016Dean A ScarboroughInsiderSell100,000$77.97$7,797,000.00View SEC Filing  
8/1/2016Susan C MillerVPSell2,000$77.94$155,880.00View SEC Filing  
7/28/2016Georges GravanisInsiderSell39,117$77.71$3,039,782.07View SEC Filing  
7/1/2016Susan C MillerVPSell2,000$73.31$146,620.00View SEC Filing  
6/7/2016Anne HillVPSell30,000$76.25$2,287,500.00View SEC Filing  
6/7/2016Ken C HicksDirectorSell5,000$76.23$381,150.00View SEC Filing  
6/1/2016Susan C MillerVPSell2,000$73.82$147,640.00View SEC Filing  
5/3/2016Mitchell R ButierCEOSell62,276$74.04$4,610,915.04View SEC Filing  
5/2/2016Susan C MillerVPSell2,000$72.65$145,300.00View SEC Filing  
4/29/2016Dean A ScarboroughChairmanSell100,000$72.54$7,254,000.00View SEC Filing  
4/1/2016Susan C MillerVPSell2,000$71.74$143,480.00View SEC Filing  
3/11/2016Susan C MillerVPSell10,000$69.67$696,700.00View SEC Filing  
3/9/2016Dean A ScarboroughCEOSell27,915$69.09$1,928,647.35View SEC Filing  
3/9/2016Susan C MillerVPSell13,545$69.02$934,875.90View SEC Filing  
3/8/2016Dean A ScarboroughCEOSell60,000$67.90$4,074,000.00View SEC Filing  
3/3/2016Anne HillVPSell37,021$67.50$2,498,917.50View SEC Filing  
11/19/2015Georges GravanisinsiderSell28,140$65.83$1,852,456.20View SEC Filing  
11/11/2015Julia A. StewartDirectorSell2,000$64.87$129,740.00View SEC Filing  
11/6/2015Anne HillVPSell127,107$64.74$8,228,907.18View SEC Filing  
11/5/2015Mitchell R. ButierCOOSell77,506$64.82$5,023,938.92View SEC Filing  
11/2/2015David E. I. PyottDirectorSell2,000$64.88$129,760.00View SEC Filing  
11/2/2015Susan C. MillerVPSell32,318$64.97$2,099,700.46View SEC Filing  
10/30/2015Dean A. ScarboroughCEOSell100,000$65.10$6,510,000.00View SEC Filing  
8/17/2015Susan C MillerVPSell29,197$64.51$1,883,498.47View SEC Filing  
5/22/2015Lori J BondarCAOSell5,000$62.54$312,700.00View SEC Filing  
5/14/2015Lori J BondarCAOSell16,108$60.58$975,822.64View SEC Filing  
5/14/2015R Shawn NevilleInsiderSell5,000$60.45$302,250.00View SEC Filing  
5/11/2015Anne HillVPSell56,663$58.63$3,322,151.69View SEC Filing  
5/1/2015R Shawn NevilleInsiderSell10,000$55.61$556,100.00View SEC Filing  
5/1/2015Susan C MillerVPSell9,939$55.70$553,602.30View SEC Filing  
3/3/2015R Shawn NevilleInsiderSell30,000$53.29$1,598,700.00View SEC Filing  
2/25/2015Anne HillVPSell15,684$54.60$856,346.40View SEC Filing  
2/24/2015Dean A ScarboroughCEOSell50,000$54.45$2,722,500.00View SEC Filing  
12/19/2014Lori J BondarCAOSell7,908$51.69$408,764.52View SEC Filing  
12/15/2014Lori J BondarCAOSell7,071$50.49$357,014.79View SEC Filing  
11/11/2014Susan C MillerVPSell7,282$48.00$349,536.00View SEC Filing  
10/28/2014R Shawn NevilleInsiderSell7,961$45.55$362,623.55View SEC Filing  
8/27/2014Donald A NolanInsiderSell31,973$47.98$1,534,064.54View SEC Filing  
8/26/2014Donald A NolanInsiderSell15,000$48.07$721,050.00View SEC Filing  
3/14/2014Mitchell ButierCFOSell15,777$50.53$797,211.81View SEC Filing  
3/6/2014R Shawn NevilleInsiderSell25,000$51.14$1,278,500.00View SEC Filing  
3/4/2014John CardisDirectorSell12,241$51.50$630,411.50View SEC Filing  
2/28/2014R Shawn NevilleInsiderSell6,000$49.22$295,320.00View SEC Filing  
11/27/2013Donald NolanInsiderSell20,000$49.06$981,200.00View SEC Filing  
7/8/2013Dean A ScarboroughCEOSell23,073$45.00$1,038,285.00View SEC Filing  
3/13/2013Mitchell R ButierCFOSell12,000$42.95$515,400.00View SEC Filing  
2/5/2013Timothy S ClydeInsiderSell27,636$38.93$1,075,869.48View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Avery Dennison Corporation (NYSE:AVY)
Latest Headlines for Avery Dennison Corporation (NYSE:AVY)
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Avery Dennison Corporation (AVY) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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