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Avery Dennison NYSE:AVY Stock Report

Last Price

US$206.75

Market Cap

US$16.5b

7D

0.3%

1Y

16.6%

Updated

05 Nov, 2024

Data

Company Financials +

Avery Dennison Corporation

NYSE:AVY Stock Report

Market Cap: US$16.5b

AVY Stock Overview

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.

About the company

AVY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends5/6

Rewards

Trading at 43.8% below our estimate of its fair value
Earnings are forecast to grow 10.68% per year
Earnings grew by 39.1% over the past year
Pays a reliable dividend of 1.7%

Risk Analysis

Has a high level of debt

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Revolutionizing Retail With Intelligent Labels And Decisive Growth Initiatives

Key Takeaways Collaboration with Kroger on RFID technology and focus on Inte The analysts have a consensus price target of $230.55 for Avery Dennison based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $275.0, and the most bearish reporting a price target of just $169.0. In order for you to agree with the analyst's consensus, you'd need to believe that by 2027, revenues will be $10.1 billion, earnings will come to $929.8 million, and it would be trading on a PE ratio of 22.7x, assuming you use a discount rate of 6.0%.
View narrative
US$230.55
FV
10.3% undervalued intrinsic discount
5.28%
Revenue growth p.a.
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6 days ago author updated this narrative

Avery Dennison Corporation Competitors

Amcor

NYSE:AMCR

US$14.7b

International Paper

NYSE:IP

US$19.7b

Packaging Corporation of America

NYSE:PKG

US$20.5b

Smurfit Westrock

NYSE:SW

US$26.8b

Price History & Performance

Summary of all time highs, changes and price drops for Avery Dennison
Historical stock prices
Current Share PriceUS$206.75
52 Week HighUS$233.48
52 Week LowUS$176.75
Beta0.89
11 Month Change-3.65%
3 Month Change1.94%
1 Year Change16.64%
33 Year Change-8.97%
5 Year Change54.42%
Change since IPO3,183.37%

Recent News & Updates

Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 63% Above Its Share Price

Oct 18
Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 63% Above Its Share Price

Recent updates

Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 63% Above Its Share Price

Oct 18
Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 63% Above Its Share Price

Avery Dennison Poised For Gains As Inventory Destocking Fades

Sep 26

Shareholders Should Be Pleased With Avery Dennison Corporation's (NYSE:AVY) Price

Sep 03
Shareholders Should Be Pleased With Avery Dennison Corporation's (NYSE:AVY) Price

Avery Dennison (NYSE:AVY) Seems To Use Debt Quite Sensibly

Aug 19
Avery Dennison (NYSE:AVY) Seems To Use Debt Quite Sensibly

Are Investors Undervaluing Avery Dennison Corporation (NYSE:AVY) By 25%?

Jul 12
Are Investors Undervaluing Avery Dennison Corporation (NYSE:AVY) By 25%?

Avery Dennison's Share Price Should Keep Rising With Stronger Bottom Line

Jul 08

At US$227, Is It Time To Put Avery Dennison Corporation (NYSE:AVY) On Your Watch List?

Jun 24
At US$227, Is It Time To Put Avery Dennison Corporation (NYSE:AVY) On Your Watch List?

Is Avery Dennison (NYSE:AVY) A Risky Investment?

May 14
Is Avery Dennison (NYSE:AVY) A Risky Investment?

Avery Dennison (NYSE:AVY) Will Pay A Larger Dividend Than Last Year At $0.88

Apr 29
Avery Dennison (NYSE:AVY) Will Pay A Larger Dividend Than Last Year At $0.88

Analysts Are Updating Their Avery Dennison Corporation (NYSE:AVY) Estimates After Its First-Quarter Results

Apr 26
Analysts Are Updating Their Avery Dennison Corporation (NYSE:AVY) Estimates After Its First-Quarter Results

Market Participants Recognise Avery Dennison Corporation's (NYSE:AVY) Earnings

Mar 29
Market Participants Recognise Avery Dennison Corporation's (NYSE:AVY) Earnings

Avery Dennison: Despite Growth Prospects, A Downgrade Is In Store

Mar 15

Is Avery Dennison Corporation (NYSE:AVY) Potentially Undervalued?

Mar 14
Is Avery Dennison Corporation (NYSE:AVY) Potentially Undervalued?

Is Avery Dennison Corporation (NYSE:AVY) Trading At A 26% Discount?

Feb 23
Is Avery Dennison Corporation (NYSE:AVY) Trading At A 26% Discount?

We Think You Can Look Beyond Avery Dennison's (NYSE:AVY) Lackluster Earnings

Feb 07
We Think You Can Look Beyond Avery Dennison's (NYSE:AVY) Lackluster Earnings

Avery Dennison (NYSE:AVY) Has A Pretty Healthy Balance Sheet

Feb 05
Avery Dennison (NYSE:AVY) Has A Pretty Healthy Balance Sheet

The High P/E Of Avery Dennison Is Too Rich For Me

Dec 12

Is Avery Dennison (NYSE:AVY) A Risky Investment?

Nov 06
Is Avery Dennison (NYSE:AVY) A Risky Investment?

Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 27% Above Its Share Price

Oct 20
Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 27% Above Its Share Price

Avery Dennison: Fundamentally Sound But Fully Priced

Oct 06

At US$177, Is It Time To Put Avery Dennison Corporation (NYSE:AVY) On Your Watch List?

Aug 20
At US$177, Is It Time To Put Avery Dennison Corporation (NYSE:AVY) On Your Watch List?

Avery Dennison (NYSE:AVY) Has A Somewhat Strained Balance Sheet

Aug 01
Avery Dennison (NYSE:AVY) Has A Somewhat Strained Balance Sheet

Avery Dennison: Diversification Of Operations Resulting In Improved Cash Flows

Jul 24

Calculating The Intrinsic Value Of Avery Dennison Corporation (NYSE:AVY)

Jul 02
Calculating The Intrinsic Value Of Avery Dennison Corporation (NYSE:AVY)

What Does Avery Dennison Corporation's (NYSE:AVY) Share Price Indicate?

Apr 27
What Does Avery Dennison Corporation's (NYSE:AVY) Share Price Indicate?

Is Avery Dennison (NYSE:AVY) Using Too Much Debt?

Apr 09
Is Avery Dennison (NYSE:AVY) Using Too Much Debt?

Is Avery Dennison Corporation (NYSE:AVY) Trading At A 36% Discount?

Mar 24
Is Avery Dennison Corporation (NYSE:AVY) Trading At A 36% Discount?

Avery Dennison Q4 2022 Earnings Preview: Shares Still Offer Upside From Here

Jan 29

Shareholder Returns

AVYUS PackagingUS Market
7D0.3%2.9%-0.8%
1Y16.6%28.6%31.5%

Return vs Industry: AVY underperformed the US Packaging industry which returned 27.2% over the past year.

Return vs Market: AVY underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is AVY's price volatile compared to industry and market?
AVY volatility
AVY Average Weekly Movement2.8%
Packaging Industry Average Movement3.6%
Market Average Movement6.0%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.8%

Stable Share Price: AVY has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AVY's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193535,000Deon Standerwww.averydennison.com

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.

Avery Dennison Corporation Fundamentals Summary

How do Avery Dennison's earnings and revenue compare to its market cap?
AVY fundamental statistics
Market capUS$16.52b
Earnings (TTM)US$674.00m
Revenue (TTM)US$8.68b

24.6x

P/E Ratio

1.9x

P/S Ratio

Is AVY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AVY income statement (TTM)
RevenueUS$8.68b
Cost of RevenueUS$6.16b
Gross ProfitUS$2.52b
Other ExpensesUS$1.84b
EarningsUS$674.00m

Last Reported Earnings

Sep 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.39
Gross Margin29.00%
Net Profit Margin7.76%
Debt/Equity Ratio132.0%

How did AVY perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

40%

Payout Ratio

Does AVY pay a reliable dividends?

See AVY dividend history and benchmarks
When do you need to buy AVY by to receive an upcoming dividend?
Avery Dennison dividend dates
Ex Dividend DateDec 04 2024
Dividend Pay DateDec 18 2024
Days until Ex dividend28 days
Days until Dividend pay date42 days

Does AVY pay a reliable dividends?

See AVY dividend history and benchmarks