Avery Dennison Corporation produces and sells pressure-sensitive materials worldwide. The company's Label and Graphic Materials segment offers pressure-sensitive label and packaging materials; and graphics and reflective products under the Fasson, JAC, Avery Dennison, and Mactac brands. It also offers durable cast and reflective films. This segment offers its products to the home and personal care, beer and beverage, durables, pharmaceutical, wine and spirits, and food market segments; architectural, commercial sign, digital printing, and other related market segments; construction, automotive, and fleet transportation market segments, as well as traffic and safety applications; and sign shops, commercial printers, and designers. Its Retail Branding and Information Solutions segment designs, manufactures, and sells various branding and information solutions, including creative services, brand embellishments, graphic tickets, tags and labels, and sustainable packaging solutions; item-level radio-frequency identification solutions; visibility and loss prevention solutions; price ticketing and marking solutions; care, content, and country of origin compliance solutions; and brand protection and security solutions. This segment serves retailers, brand owners, apparel manufacturers, distributors, and industrial customers. The company's Industrial and Healthcare Materials segment offers tapes and fasteners; medical pressure-sensitive adhesive based materials and products; and performance polymers under the Fasson, Avery Dennison, Yongle, and Vancive brand names. This segment serves automotive, electronics, building and construction, personal care, and other industrial segments, as well as converters, original equipment manufacturers, and medical device manufacturers. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. The company was founded in 1935 and is headquartered in Glendale, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Converted paper & paperboard products, except containers & box
Sub-IndustryOffice Services & Supplies
SectorIndustrial Products
Current SymbolNYSE:AVY
Previous Symbol
CUSIP05361110
Phone626-304-2000
Debt
Debt-to-Equity Ratio1.24
Current Ratio1.00
Quick Ratio0.71
Price-To-Earnings
Trailing P/E Ratio18.78
Forward P/E Ratio15.55
P/E Growth2.22
Sales & Book Value
Annual Sales$6.61 billion
Price / Sales1.23
Cash Flow$7.1469 per share
Price / Cash13.14
Book Value$11.88 per share
Price / Book7.90
Profitability
EPS (Most Recent Fiscal Year)$5.00
Net Income$281.80 million
Net Margins4.36%
Return on Equity49.86%
Return on Assets10.10%
Miscellaneous
Employees30,000
Outstanding Shares86,710,000
Market Cap$8.14 billion
OptionableOptionable
Avery Dennison (NYSE:AVY) Frequently Asked Questions
What is Avery Dennison's stock symbol?
Avery Dennison trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVY."
How often does Avery Dennison pay dividends? What is the dividend yield for Avery Dennison?
Avery Dennison announced a quarterly dividend on Thursday, October 25th. Shareholders of record on Wednesday, December 5th will be paid a dividend of $0.52 per share on Wednesday, December 19th. This represents a $2.08 annualized dividend and a yield of 2.21%. The ex-dividend date is Tuesday, December 4th. View Avery Dennison's Dividend History.
How were Avery Dennison's earnings last quarter?
Avery Dennison Corp (NYSE:AVY) posted its quarterly earnings results on Tuesday, October, 23rd. The industrial products company reported $1.45 EPS for the quarter, missing the consensus estimate of $1.47 by $0.02. The industrial products company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.75 billion. Avery Dennison had a return on equity of 49.86% and a net margin of 4.36%. The company's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 EPS. View Avery Dennison's Earnings History.
When is Avery Dennison's next earnings date?
What guidance has Avery Dennison issued on next quarter's earnings?
Avery Dennison updated its FY18 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share guidance of $5.95-6.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.06.
What price target have analysts set for AVY?
8 brokers have issued 12-month target prices for Avery Dennison's shares. Their forecasts range from $98.00 to $135.00. On average, they anticipate Avery Dennison's stock price to reach $120.00 in the next year. This suggests a possible upside of 27.8% from the stock's current price. View Analyst Price Targets for Avery Dennison.
What is the consensus analysts' recommendation for Avery Dennison?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avery Dennison in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Avery Dennison.
What are Wall Street analysts saying about Avery Dennison stock?
Here are some recent quotes from research analysts about Avery Dennison stock:
- 1. According to Zacks Investment Research, "For 2018, Avery Dennison maintained adjusted earnings per share guidance of $5.95-$6.10 and organic sales growth of around 5.5%. Avery Dennison will benefit from focus on pricing actions, restructuring activities and execution of strategies. Acquisitions and strong presence in emerging markets will also drive growth. Over the past year, the stock has outperformed its industry. However, its earnings will be impacted by charges regarding the termination of pension plan. Further, the Industrial and Healthcare Materials (IHM) segment’s results will be hurt by softness in the China automotive market. Negative impact of currency translation will also impede growth." (11/12/2018)
- 2. KeyCorp analysts commented, "We are slightly reducing our 2018 adj. EPS estimate from $6.10 to $6.05 (guidance remains $5.95-$6.10) and our 2019 estimate from $6.44 to $6.43 (below consensus of $6.65). Our estimates are coming down to reflect the modest 3Q EPS miss. Our revised estimates imply 4% adj. EBIT growth in 2019, compared to 11% in 2018. AVY continues to generate organic sales growth and returns on capital among the best in packaging, and the Company’s low leverage gives it considerable flexibility in the event of a market downturn that many of our other companies do not have at the moment. AVY is down 18% YTD (vs. the 4%), which we think reflects investor concerns about raw material inflation, emerging market weakness, and the strengthening U.S. dollar, among other factors." (10/23/2018)
Has Avery Dennison been receiving favorable news coverage?
News headlines about AVY stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Avery Dennison earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the next few days.
Who are some of Avery Dennison's key competitors?
Who are Avery Dennison's key executives?
Avery Dennison's management team includes the folowing people:
- Mr. Mitchell R. Butier, Pres, CEO & Director (Age 47)
- Mr. Gregory S. Lovins, Sr. VP & CFO (Age 45)
- Ms. Susan C. Miller, Sr. VP, Gen. Counsel & Corp. Sec. (Age 58)
- Ms. Anne Hill, Sr. VP & Chief HR Officer (Age 58)
- Mr. Georges Gravanis, Pres of Label & Graphic Materials (Age 60)
Who are Avery Dennison's major shareholders?
Avery Dennison's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.45%), RE Advisers Corp (2.27%), JPMorgan Chase & Co. (2.09%), Fiduciary Management Inc. WI (1.39%), Wells Fargo & Company MN (1.25%) and Glenmede Trust Co. NA (1.12%). Company insiders that own Avery Dennison stock include Anne Hill, Anthony Anderson, Bradley A Alford, David E I Pyott, Dean A Scarborough, Deon Stander, Georges Gravanis, Julia A Stewart, Lori J Bondar, Mitchell R Butier, Patrick Siewert, Peter K Barker and Susan C Miller. View Institutional Ownership Trends for Avery Dennison.
Which major investors are selling Avery Dennison stock?
AVY stock was sold by a variety of institutional investors in the last quarter, including Bridgeway Capital Management Inc., Janus Henderson Group PLC, First Trust Advisors LP, Allianz Asset Management GmbH, KAMES CAPITAL plc, Bank of Montreal Can, RE Advisers Corp and Wells Fargo & Company MN. Company insiders that have sold Avery Dennison company stock in the last year include Anne Hill, Anthony Anderson, Dean A Scarborough, Georges Gravanis, Lori J Bondar, Mitchell R Butier, Peter K Barker and Susan C Miller. View Insider Buying and Selling for Avery Dennison.
Which major investors are buying Avery Dennison stock?
AVY stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Fiduciary Management Inc. WI, Capital Fund Management S.A., BlueMountain Capital Management LLC, Deutsche Bank AG, AXA, AMI Asset Management Corp and Prudential Financial Inc.. View Insider Buying and Selling for Avery Dennison.
How do I buy shares of Avery Dennison?
Shares of AVY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Avery Dennison's stock price today?
One share of AVY stock can currently be purchased for approximately $93.91.
How big of a company is Avery Dennison?
Avery Dennison has a market capitalization of $8.14 billion and generates $6.61 billion in revenue each year. The industrial products company earns $281.80 million in net income (profit) each year or $5.00 on an earnings per share basis. Avery Dennison employs 30,000 workers across the globe.
What is Avery Dennison's official website?
How can I contact Avery Dennison?
Avery Dennison's mailing address is 207 GOODE AVENUE, GLENDALE CA, 91203. The industrial products company can be reached via phone at 626-304-2000 or via email at [email protected]
MarketBeat Community Rating for Avery Dennison (NYSE AVY)
MarketBeat's community ratings are surveys of what our community members think about Avery Dennison and other stocks. Vote "Outperform" if you believe AVY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AVY will underperform the S&P 500 over the long term. You may vote once every thirty days.
