Avery Dennison Corp Stock Today
| AVY Stock | USD 211.57 2.22 1.06% |
Performance6 of 100
| Odds Of DistressLess than 1
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Avery Dennison is trading at 211.57 as of the 20th of April 2024; that is 1.06 percent increase since the beginning of the trading day. The stock's open price was 209.35. Avery Dennison has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Avery Dennison Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of April 2023 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 29th of December 1983 | Category Consumer Cyclical |
Avery Dennison Corporation manufactures and markets pressure-sensitive materials and products in the United States, Europe, Asia, Latin America, and internationally. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio. Avery Dennison operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. The company has 80.52 M outstanding shares of which 1.3 M shares are presently shorted by investors with about 3.15 days to cover. More on Avery Dennison Corp
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Moving against Avery Stock
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Avery Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Avery Dennison's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Avery Dennison or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Avery Dennison's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Avery Dennison's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| Chairman and CEO | Dean Scarborough | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Paper & Plastic Packaging Products & Materials, Packaging & Containers, Consumer Cyclical, NYSE Composite, SP 500 Index, Business Supplies, SRI Sustainable Growth, Materials, Containers & Packaging, Business Equipment & Supplies, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Avery Dennison report their recommendations after researching Avery Dennison's financial statements, talking to executives and customers, or listening in on Avery Dennison's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Avery Dennison Corp. The Avery consensus assessment is calculated by taking the average forecast from all of the analysts covering Avery Dennison. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Avery Dennison's profitability, liquidity, and operating efficiency, Avery Dennison Corp is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Avery Dennison Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Avery Dennison's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Avery Dennison's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Avery Dennison's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Avery Dennison's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Avery Dennison's financial leverage. It provides some insight into what part of Avery Dennison's total assets is financed by creditors.
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Avery Dennison Corp (AVY) is traded on New York Stock Exchange in USA. It is located in 8080 Norton Parkway, Mentor, OH, United States, 44060 and employs 35,000 people. Avery Dennison is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 17.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avery Dennison's market, we take the total number of its shares issued and multiply it by Avery Dennison's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Avery Dennison Corp runs under Containers & Packaging sector within Materials industry. The entity has 80.52 M outstanding shares of which 1.3 M shares are presently shorted by investors with about 3.15 days to cover.
Avery Dennison Corp has about 167.2 M in cash with 826 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.95.
Check Avery Dennison Probability Of Bankruptcy
Ownership AllocationAvery Dennison holds a total of 80.52 Million outstanding shares. The majority of Avery Dennison Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Avery Dennison Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Avery Dennison. Please pay attention to any change in the institutional holdings of Avery Dennison Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Avery Ownership Details
Avery Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Avery Dennison jumping above the current price in 90 days from now is about 44.66%. The Avery Dennison Corp probability density function shows the probability of Avery Dennison stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0308. This suggests Avery Dennison Corp market returns are sensitive to returns on the market. As the market goes up or down, Avery Dennison is expected to follow. Additionally, avery Dennison Corp has an alpha of 0.0356, implying that it can generate a 0.0356 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Avery Dennison to move above the current price in 90 days from now is about 44.66 (This Avery Dennison Corp probability density function shows the probability of Avery Stock to fall within a particular range of prices over 90 days) .
Avery Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Avery Dennison that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Avery Dennison's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Avery Dennison's value.| Instituion | Recorded On | Shares | |
| Fiduciary Management, Inc. Of Milwaukee | 2023-12-31 | 1.4 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | |
| Hpm Partners Llc | 2023-12-31 | 1.2 M | |
| Fmr Inc | 2023-12-31 | 1 M | |
| Bb&t Corp. | 2023-12-31 | 1 M | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 984.3 K | |
| Amvescap Plc. | 2023-12-31 | 955.9 K | |
| Norges Bank | 2023-12-31 | 916.6 K | |
| Northern Trust Corp | 2023-12-31 | 913.1 K | |
| Vanguard Group Inc | 2023-12-31 | 9.6 M | |
| Blackrock Inc | 2023-12-31 | 7.4 M |
Avery Dennison Historical Income Statement
Avery Dennison Corp Income Statement is one of the three primary financial statements used for reporting Avery's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Avery Dennison Corp revenue and expense. Avery Dennison Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Avery Dennison's Interest Expense is fairly stable compared to the past year. Operating Income is likely to rise to about 1 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 178.7 M in 2024. View More FundamentalsAvery Stock Against Markets
Picking the right benchmark for Avery Dennison stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Avery Dennison stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Avery Dennison is critical whether you are bullish or bearish towards Avery Dennison Corp at a given time. Please also check how Avery Dennison's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Avery Dennison without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Avery Dennison Corporate Directors
Avery Dennison corporate directors refer to members of an Avery Dennison board of directors. The board of directors generally takes responsibility for the Avery Dennison's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Avery Dennison's board members must vote for the resolution. The Avery Dennison board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Andres Lopez | Independent Director | Profile | |
| Peter Barker | Independent Director | Profile | |
| Anthony Anderson | Independent Director | Profile | |
| Ken Hicks | Independent Director | Profile |
How to buy Avery Stock?
Before investing in Avery Dennison, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Avery Dennison. To buy Avery Dennison stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Avery Dennison. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Avery Dennison stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Avery Dennison Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Avery Dennison Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Avery Dennison Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Avery Stock please use our How to Invest in Avery Dennison guide.
Already Invested in Avery Dennison Corp?
The danger of trading Avery Dennison Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Avery Dennison is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Avery Dennison. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Avery Dennison Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Avery Dennison Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avery Dennison's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avery Dennison Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avery Dennison Corp Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avery Dennison Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Avery Dennison's price analysis, check to measure Avery Dennison's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avery Dennison is operating at the current time. Most of Avery Dennison's value examination focuses on studying past and present price action to predict the probability of Avery Dennison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avery Dennison's price. Additionally, you may evaluate how the addition of Avery Dennison to your portfolios can decrease your overall portfolio volatility.
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Is Avery Dennison's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avery Dennison. If investors know Avery will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avery Dennison listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.176 | Dividend Share 3.18 | Earnings Share 6.2 | Revenue Per Share 103.647 | Quarterly Revenue Growth 0.042 |
The market value of Avery Dennison Corp is measured differently than its book value, which is the value of Avery that is recorded on the company's balance sheet. Investors also form their own opinion of Avery Dennison's value that differs from its market value or its book value, called intrinsic value, which is Avery Dennison's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avery Dennison's market value can be influenced by many factors that don't directly affect Avery Dennison's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avery Dennison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avery Dennison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avery Dennison's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.