About Avery Dennison Corporation (NYSE:AVY)
Avery 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
- 50 Day Moving Avg: $98.33
- 200 Day Moving Avg: $90.19
- 52 Week Range: $68.55 - $102.55
Sales & Book Value:
- Trailing P/E Ratio: 23.42
- Foreward P/E Ratio: 18.60
- P/E Growth: 1.64
- 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 announced a quarterly dividend on Thursday, July 27th. Investors of record on Wednesday, September 6th will be paid a dividend of $0.45 per share on Wednesday, September 20th. This represents a $1.80 dividend on an annualized basis and a 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) issued its quarterly earnings results on Tuesday, July, 25th. The company reported $1.31 earnings per share for the quarter, topping 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 net margin of 6.14% and a return on equity of 39.29%. The business's revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.09 EPS. View Avery Dennison Corporation's Earnings History.
When will Avery Dennison Corporation make its next earnings announcement?
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 (EPS) guidance of $4.75-4.90 for the period, compared to the Thomson Reuters consensus EPS 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 12 month target prices for Avery Dennison Corporation's shares. Their predictions 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 a variety of of retail and institutional investors. Top institutional shareholders 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 purchased 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?
MarketBeat Community Rating for Avery Dennison Corporation (NYSE AVY)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.
One share of Avery Dennison Corporation stock can currently be purchased for approximately $99.71.
Consensus Ratings for Avery Dennison Corporation (NYSE:AVY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Avery Dennison Corporation (NYSE:AVY)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/28/2017||Loop Capital||Initiated Coverage||Hold -> Hold||$99.00||Medium|
|9/1/2017||Robert W. Baird||Reiterated Rating||Buy||$100.00||Medium|
|7/26/2017||Citigroup Inc.||Boost Price Target||Buy||$106.00 -> $108.00||Low|
|6/20/2017||Bank of America Corporation||Upgrade||Neutral -> Buy||$90.00 -> $96.00||Medium|
|5/1/2017||Barclays PLC||Reiterated Rating||Overweight||$95.00 -> $96.00||Low|
|10/27/2016||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$78.00||N/A|
|4/22/2016||Credit Suisse Group||Initiated Coverage||Neutral||$64.00 -> $75.00||N/A|
Earnings History for Avery Dennison Corporation (NYSE:AVY)Earnings History by Quarter for Avery Dennison Corporation (NYSE AVY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$1.21||$1.31||$1.61 billion||$1.63 billion||View||N/A|
|4/26/2017||Q1 2017||$1.04||$1.11||$1.53 billion||$1.57 billion||View||N/A|
|2/1/2017||Q416||$0.93||$0.99||$1.50 billion||$1.55 billion||View||Listen|
|10/26/2016||Q316||$1.00||$1.01||$1.51 billion||$1.51 billion||View||Listen|
|7/26/2016||Q216||$1.01||$1.09||$1.54 billion||$1.54 billion||View||Listen|
|4/27/2016||Q116||$0.86||$0.94||$1.51 billion||$1.49 billion||View||Listen|
|2/3/2016||Q415||$0.78||$0.85||$1.45 billion||$1.45 billion||View||Listen|
|10/29/2015||Q315||$0.84||$0.87||$1.48 billion||$1.47 billion||View||Listen|
|7/29/2015||Q215||$0.88||$0.91||$1.52 billion||$1.52 billion||View||Listen|
|4/29/2015||Q115||$0.70||$0.81||$1.48 billion||$1.53 billion||View||Listen|
|2/2/2015||Q414||$0.80||$0.90||$1.62 billion||$1.60 billion||View||Listen|
|10/24/2014||Q314||$0.74||$0.77||$1.57 billion||$1.56 billion||View||Listen|
|7/25/2014||Q214||$0.79||$0.80||$1.62 billion||$1.62 billion||View||Listen|
|4/23/2014||Q114||$0.66||$0.65||$1.57 billion||$1.55 billion||View||Listen|
|1/31/2014||Q413||$0.68||$0.69||$1.53 billion||$1.58 billion||View||Listen|
|10/25/2013||Q313||$0.09||$0.69||$1.51 billion||$1.50 billion||View||Listen|
|7/23/2013||Q2 2013||$0.70||$0.71||$1.54 billion||$1.55 billion||View||Listen|
|4/24/2013||Q1 2013||$0.58||$0.59||$1.53 billion||$1.50 billion||View||Listen|
|1/30/2013||Q4 2012||$0.49||$0.54||$1.47 billion||$1.53 billion||View||Listen|
Earnings Estimates for Avery Dennison Corporation (NYSE:AVY)
2017 EPS Consensus Estimate: $4.74
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Avery Dennison Corporation (NYSE:AVY)
|Most Recent Dividend:||9/20/2017|
|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 History by Quarter for Avery Dennison Corporation (NYSE AVY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Avery Dennison Corporation (NYSE:AVY)
Insider Ownership Percentage: 1.40%Insider Trades by Quarter for Avery Dennison Corporation (NYSE:AVY)
Institutional Ownership Percentage: 86.51%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/30/2017||David E I Pyott||Director||Sell||2,000||$94.00||$188,000.00|| |
|8/28/2017||David E I Pyott||Director||Sell||298||$94.00||$28,012.00|| |
|8/3/2017||Patrick Siewert||Director||Sell||10,000||$93.63||$936,300.00|| |
|6/2/2017||Anthony Anderson||Director||Sell||6,248||$85.15||$532,017.20|| |
|5/30/2017||Deon Stander||VP||Sell||5,000||$84.50||$422,500.00|| |
|5/16/2017||Anthony Anderson||Director||Sell||950||$84.42||$80,199.00|| |
|3/9/2017||Dean A Scarborough||Insider||Sell||34,437||$80.02||$2,755,648.74|| |
|3/1/2017||Anne Hill||VP||Sell||19,504||$81.83||$1,596,012.32|| |
|2/23/2017||Bradley A Alford||Director||Buy||150||$80.14||$12,021.00|| |
|2/16/2017||Dean A Scarborough||Insider||Sell||50,000||$79.84||$3,992,000.00|| |
|2/16/2017||Patrick Siewert||Director||Sell||9,027||$80.00||$722,160.00|| |
|2/14/2017||Dean A Scarborough||Insider||Sell||50,000||$79.29||$3,964,500.00|| |
|2/8/2017||Dean A Scarborough||Insider||Sell||50,000||$79.27||$3,963,500.00|| |
|2/6/2017||Dean A Scarborough||Insider||Sell||50,000||$79.29||$3,964,500.00|| |
|2/3/2017||Susan C Miller||VP||Sell||104,065||$79.16||$8,237,785.40|| |
|12/14/2016||Dean A Scarborough||Insider||Sell||28,577||$73.00||$2,086,121.00|| |
|12/7/2016||Dean A Scarborough||Insider||Sell||50,000||$73.14||$3,657,000.00|| |
|12/1/2016||Susan C Miller||VP||Sell||2,000||$72.06||$144,120.00|| |
|11/30/2016||Dean A Scarborough||Insider||Sell||28,734||$73.00||$2,097,582.00|| |
|11/28/2016||Julia A Stewart||Director||Sell||2,000||$72.65||$145,300.00|| |
|11/1/2016||Lori J Bondar||VP||Buy||2,000||$69.72||$139,440.00|| |
|10/3/2016||Susan C Miller||VP||Sell||2,000||$77.36||$154,720.00|| |
|9/1/2016||Susan C Miller||VP||Sell||2,000||$77.56||$155,120.00|| |
|8/25/2016||Dean A Scarborough||Insider||Sell||50,000||$77.75||$3,887,500.00|| |
|8/23/2016||Dean A Scarborough||Insider||Sell||50,000||$77.41||$3,870,500.00|| |
|8/12/2016||Anne Hill||VP||Sell||11,567||$78.10||$903,382.70|| |
|8/11/2016||Dean A Scarborough||Insider||Sell||50,000||$78.51||$3,925,500.00|| |
|8/9/2016||Dean A Scarborough||Insider||Sell||50,000||$78.50||$3,925,000.00|| |
|8/8/2016||David E I Pyott||Director||Sell||2,000||$78.61||$157,220.00|| |
|8/3/2016||Dean A Scarborough||Insider||Sell||130,000||$77.05||$10,016,500.00|| |
|8/2/2016||Dean A Scarborough||Insider||Sell||100,000||$77.97||$7,797,000.00|| |
|8/1/2016||Susan C Miller||VP||Sell||2,000||$77.94||$155,880.00|| |
|7/28/2016||Georges Gravanis||Insider||Sell||39,117||$77.71||$3,039,782.07|| |
|7/1/2016||Susan C Miller||VP||Sell||2,000||$73.31||$146,620.00|| |
|6/7/2016||Anne Hill||VP||Sell||30,000||$76.25||$2,287,500.00|| |
|6/7/2016||Ken C Hicks||Director||Sell||5,000||$76.23||$381,150.00|| |
|6/1/2016||Susan C Miller||VP||Sell||2,000||$73.82||$147,640.00|| |
|5/3/2016||Mitchell R Butier||CEO||Sell||62,276||$74.04||$4,610,915.04|| |
|5/2/2016||Susan C Miller||VP||Sell||2,000||$72.65||$145,300.00|| |
|4/29/2016||Dean A Scarborough||Chairman||Sell||100,000||$72.54||$7,254,000.00|| |
|4/1/2016||Susan C Miller||VP||Sell||2,000||$71.74||$143,480.00|| |
|3/11/2016||Susan C Miller||VP||Sell||10,000||$69.67||$696,700.00|| |
|3/9/2016||Dean A Scarborough||CEO||Sell||27,915||$69.09||$1,928,647.35|| |
|3/9/2016||Susan C Miller||VP||Sell||13,545||$69.02||$934,875.90|| |
|3/8/2016||Dean A Scarborough||CEO||Sell||60,000||$67.90||$4,074,000.00|| |
|3/3/2016||Anne Hill||VP||Sell||37,021||$67.50||$2,498,917.50|| |
|11/19/2015||Georges Gravanis||insider||Sell||28,140||$65.83||$1,852,456.20|| |
|11/11/2015||Julia A. Stewart||Director||Sell||2,000||$64.87||$129,740.00|| |
|11/6/2015||Anne Hill||VP||Sell||127,107||$64.74||$8,228,907.18|| |
|11/5/2015||Mitchell R. Butier||COO||Sell||77,506||$64.82||$5,023,938.92|| |
|11/2/2015||David E. I. Pyott||Director||Sell||2,000||$64.88||$129,760.00|| |
|11/2/2015||Susan C. Miller||VP||Sell||32,318||$64.97||$2,099,700.46|| |
|10/30/2015||Dean A. Scarborough||CEO||Sell||100,000||$65.10||$6,510,000.00|| |
|8/17/2015||Susan C Miller||VP||Sell||29,197||$64.51||$1,883,498.47|| |
|5/22/2015||Lori J Bondar||CAO||Sell||5,000||$62.54||$312,700.00|| |
|5/14/2015||Lori J Bondar||CAO||Sell||16,108||$60.58||$975,822.64|| |
|5/14/2015||R Shawn Neville||Insider||Sell||5,000||$60.45||$302,250.00|| |
|5/11/2015||Anne Hill||VP||Sell||56,663||$58.63||$3,322,151.69|| |
|5/1/2015||R Shawn Neville||Insider||Sell||10,000||$55.61||$556,100.00|| |
|5/1/2015||Susan C Miller||VP||Sell||9,939||$55.70||$553,602.30|| |
|3/3/2015||R Shawn Neville||Insider||Sell||30,000||$53.29||$1,598,700.00|| |
|2/25/2015||Anne Hill||VP||Sell||15,684||$54.60||$856,346.40|| |
|2/24/2015||Dean A Scarborough||CEO||Sell||50,000||$54.45||$2,722,500.00|| |
|12/19/2014||Lori J Bondar||CAO||Sell||7,908||$51.69||$408,764.52|| |
|12/15/2014||Lori J Bondar||CAO||Sell||7,071||$50.49||$357,014.79|| |
|11/11/2014||Susan C Miller||VP||Sell||7,282||$48.00||$349,536.00|| |
|10/28/2014||R Shawn Neville||Insider||Sell||7,961||$45.55||$362,623.55|| |
|8/27/2014||Donald A Nolan||Insider||Sell||31,973||$47.98||$1,534,064.54|| |
|8/26/2014||Donald A Nolan||Insider||Sell||15,000||$48.07||$721,050.00|| |
|3/14/2014||Mitchell Butier||CFO||Sell||15,777||$50.53||$797,211.81|| |
|3/6/2014||R Shawn Neville||Insider||Sell||25,000||$51.14||$1,278,500.00|| |
|3/4/2014||John Cardis||Director||Sell||12,241||$51.50||$630,411.50|| |
|2/28/2014||R Shawn Neville||Insider||Sell||6,000||$49.22||$295,320.00|| |
|11/27/2013||Donald Nolan||Insider||Sell||20,000||$49.06||$981,200.00|| |
|7/8/2013||Dean A Scarborough||CEO||Sell||23,073||$45.00||$1,038,285.00|| |
|3/13/2013||Mitchell R Butier||CFO||Sell||12,000||$42.95||$515,400.00|| |
|2/5/2013||Timothy S Clyde||Insider||Sell||27,636||$38.93||$1,075,869.48|| |
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