AVY - Avery Dennison Corp Stock Price, Fair Value and News

212.39USD+1.06 (+0.50%)Market Closed

Market Summary

USD212.39+1.06

Market Closed

0.50%

AVY Stock Price

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AVY RSI Chart

AVY Valuation

Market Cap

17.0B

Price/Earnings (Trailing)

33.82

Price/Sales (Trailing)

2.03

EV/EBITDA

19.4

Price/Free Cashflow

30.34

AVY Price/Sales (Trailing)

AVY Profitability

EBT Margin

8.31%

Return on Equity

23.64%

Return on Assets

6.13%

Free Cashflow Yield

3.3%

AVY Fundamentals

AVY Revenue

Revenue (TTM)

8.4B

Rev. Growth (Yr)

4.18%

Rev. Growth (Qtr)

0.58%

AVY Earnings

Earnings (TTM)

503.0M

Earnings Growth (Yr)

16.44%

Earnings Growth (Qtr)

3.47%

Breaking Down AVY Revenue

Last 7 days

0.1%

Last 30 days

-2.0%

Last 90 days

6.5%

Trailing 12 Months

18.0%

How does AVY drawdown profile look like?

AVY Financial Health

Current Ratio

1.04

Debt/Equity

1.23

Debt/Cashflow

0.32

AVY Investor Care

Dividend Yield

1.5%

Dividend/Share (TTM)

3.18

Buy Backs (1Y)

0.39%

Diluted EPS (TTM)

6.21

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	8.8B	8.5B	8.3B	8.4B
2022	8.7B	9.0B	9.2B	9.0B
2021	7.3B	7.9B	8.2B	8.4B
2020	7.1B	6.8B	6.8B	7.0B
2019	7.1B	7.1B	7.1B	7.1B
2018	6.8B	7.0B	7.1B	7.2B
2017	6.2B	6.3B	6.4B	6.6B
2016	5.9B	5.9B	6.0B	6.1B
2015	6.3B	6.2B	6.1B	6.0B
2014	6.2B	6.3B	6.3B	6.3B
2013	5.9B	6.0B	6.0B	6.1B
2012	5.9B	5.9B	5.8B	5.9B
2011	5.9B	6.0B	6.0B	6.0B
2010	5.2B	5.2B	5.1B	5.8B
2009	0	6.2B	5.7B	5.2B
2008	0	0	0	6.7B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

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S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

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Tracking the Latest Insider Buys and Sells of Avery Dennison Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 11, 2024	yost ryan d	sold	-298,603	213	-1,400	president, materials group
Mar 05, 2024	butier mitchell r	sold	-3,762,020	216	-17,373	executive chairman
Mar 04, 2024	butier mitchell r	sold	-1,775,370	217	-8,168	executive chairman
Mar 01, 2024	walker ignacio j	sold (taxes)	-227,705	216	-1,052	svp and chief legal officer
Mar 01, 2024	melo francisco	acquired	742,207	216	3,429	president, solutions group
Mar 01, 2024	colisto nicholas	sold (taxes)	-203,247	216	-939	svp & cio
Mar 01, 2024	stander deon	acquired	2,971,860	216	13,730	president & ceo
Mar 01, 2024	melo francisco	sold (taxes)	-293,073	216	-1,354	president, solutions group
Mar 01, 2024	yost ryan d	sold (taxes)	-207,576	216	-959	president, materials group
Mar 01, 2024	walker ignacio j	acquired	917,315	216	4,238	svp and chief legal officer

Which funds bought or sold AVY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	MILESTONE ASSET MANAGEMENT, LLC	new	-	1,491,980	1,491,980	0.43%
Apr 23, 2024	AMALGAMATED BANK	reduced	-27.03	-1,068,000	4,430,000	0.04%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-18.1	-63,939	605,008	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-4.08	58,691	1,049,280	0.02%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	reduced	-2.4	66,000	910,000	0.03%
Apr 23, 2024	Silver Lake Advisory, LLC	new	-	223,250	223,250	0.10%
Apr 23, 2024	DUPONT CAPITAL MANAGEMENT CORP	reduced	-7.57	180,035	8,843,600	0.73%
Apr 23, 2024	Summit Trail Advisors, LLC	new	-	210,195	210,195	0.01%
Apr 23, 2024	EADS & HEALD WEALTH MANAGEMENT	reduced	-4.21	102,000	1,865,000	0.87%
Apr 23, 2024	Accurate Wealth Management, LLC	new	-	2,382,280	2,382,280	0.70%

Are Funds Buying or Selling AVY?

Are funds buying AVY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AVY

No. of Funds

Unveiling Avery Dennison Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	5.3%	4,276,716	SC 13G
Feb 13, 2024	vanguard group inc	11.95%	9,623,611	SC 13G/A
Jan 24, 2024	blackrock inc.	9.2%	7,381,914	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	2.8%	2,242,669	SC 13G/A
Feb 09, 2023	vanguard group inc	12.17%	9,856,108	SC 13G/A
Feb 03, 2023	blackrock inc.	8.0%	6,514,175	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	6.6%	5,486,584	SC 13G/A
Feb 09, 2022	vanguard group inc	11.65%	9,649,647	SC 13G/A
Feb 01, 2022	blackrock inc.	8.1%	6,726,210	SC 13G/A
Mar 10, 2021	price t rowe associates inc /md/	10.0%	8,325,980	SC 13G/A

Recent SEC filings of Avery Dennison Corp

View All Filings

Date Filed	Form Type	Document
Mar 29, 2024	DEFA14A	DEFA14A
Mar 12, 2024	4	Insider Trading
Mar 11, 2024	144	Notice of Insider Sale Intent
Mar 11, 2024	ARS	ARS
Mar 11, 2024	DEF 14A	DEF 14A
Mar 11, 2024	DEFA14A	DEFA14A
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading

Peers (Alternatives to Avery Dennison Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AVY	17.0B	8.4B	-1.99%	17.97%	33.82	2.03	-7.47%	-33.56%
PKG	15.3B	7.8B	-7.57%	17.82%	20	1.96	-7.97%	-25.69%
AMCR	13.0B	14.0B	-2.71%	-18.88%	20.19	0.92	-6.26%	-39.85%
IP	11.9B	18.9B	-12.98%	-5.44%	41.37	0.63	-10.61%	-80.85%
MID-CAP
CCK	9.5B	12.0B	1.32%	-0.61%	19.99	0.79	-7.21%	-37.42%
GPK	8.3B	9.4B	-4.04%	9.99%	11.46	0.88	-0.13%	38.51%
REYN	6.0B	3.8B	1.35%	3.21%	20.18	1.6	-1.61%	15.50%
SLGN	5.0B	6.0B	4.51%	-12.99%	15.43	0.84	-6.60%	-4.37%
SEE	4.6B	5.5B	-11.15%	-32.68%	13.32	0.83	-2.71%	-30.51%
OI	2.3B	7.1B	-3.06%	-30.58%	-22.19	0.32	3.63%	-117.64%
SMALL-CAP
TRS	1.1B	893.5M	2.02%	-1.87%	26.68	1.21	1.10%	-39.01%
MYE	811.8M	813.1M	-4.38%	10.53%	16.61	1	-9.61%	-18.92%
PACK	612.9M	336.3M	-1.59%	68.55%	-22.62	1.82	3.00%	34.54%
TUP	48.9M	1.1B	-26.90%	-10.92%	-0.12	0.04	-17.21%	-907.42%
DSS	12.2M	30.3M	-9.42%	-57.70%	-0.15	0.4	-36.04%	-34.70%

Avery Dennison Corp News

Latest updates

Avery Dennison Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.6%	2,111	2,098	2,091	2,065	2,026	2,317	2,347	2,349	2,183	2,072	2,102	2,051	1,991	1,729	1,529	1,723	1,773	1,761	1,796	1,740	1,769
Gross Profit	1.7%	596	586	553	542	500	619	644	641	585	554	576	597	571	484	383	485	485	472	482	465	472
S&GA Expenses	-1.7%	327	333	320	334	312	331	333	355	332	297	307	312	302	258	219	281	273	265	266	276	275
EBITDA Margin	3.5%	0.12*	0.12*	0.12*	0.13*	0.14*	0.14*	0.14*	0.14*	0.15*	0.15*	0.15*	0.14*	-	-	-	-	-	-	-	-	-
Interest Expenses	-4.2%	30.00	31.00	32.00	26.00	23.00	21.00	21.00	20.00	20.00	18.00	16.00	16.00	16.00	16.00	20.00	19.00	18.00	19.00	20.00	20.00	16.00
Income Taxes	26.3%	59.00	46.00	40.00	47.00	46.00	51.00	73.00	72.00	61.00	59.00	70.00	58.00	63.00	46.00	22.00	46.00	2.00	35.00	45.00	-138	-9.50
Earnings Before Taxes	9.2%	202	185	140	168	169	273	288	270	244	224	255	269	255	198	103	181	165	180	189	-284	88.00
EBT Margin	3.8%	0.08*	0.08*	0.09*	0.10*	0.11*	0.12*	0.11*	0.11*	0.12*	0.12*	0.12*	0.11*	-	-	-	-	-	-	-	-	-
Net Income	3.5%	143	138	100	121	123	222	215	198	183	164	184	210	192	151	80.00	134	163	145	143	-146	97.00
Net Income Margin	3.1%	0.06*	0.06*	0.07*	0.08*	0.08*	0.09*	0.08*	0.08*	0.09*	0.09*	0.09*	0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	-17.3%	220	266	138	-62.60	251	144	211	77.00	160	239	209	184	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.9%	8,210	8,133	8,266	8,222	7,951	8,042	8,092	8,139	7,972	7,968	6,423	6,273	6,084	5,721	5,652	6,261	5,489	5,339	5,390	5,354	5,178
Current Assets	-0.7%	2,796	2,814	2,851	2,989	2,782	2,962	2,949	2,894	2,735	2,779	2,742	2,632	2,416	2,375	2,325	2,914	2,341	2,333	2,377	2,324	2,298
Cash Equivalents	2.4%	215	210	217	351	167	128	165	147	163	207	345	328	252	285	263	742	254	224	247	226	232
Inventory	-1.6%	921	936	991	1,051	1,010	1,014	990	961	907	879	825	787	717	663	727	723	663	665	671	688	651
Net PPE	-100.0%	-	1,555	1,567	1,566	1,540	1,443	1,451	1,478	1,478	1,406	1,345	1,329	1,344	1,234	1,229	1,232	1,211	1,142	1,144	1,145	1,137
Goodwill	1.9%	2,014	1,976	1,985	1,888	1,862	1,825	1,856	1,890	1,882	1,897	1,145	1,142	1,136	1,059	1,040	1,028	931	920	941	937	942
Current Liabilities	-1.6%	2,700	2,744	2,609	2,644	2,800	2,939	3,001	2,723	2,548	2,609	2,083	2,059	1,926	1,816	1,910	2,560	2,254	2,268	2,279	2,041	1,994
Long Term Debt	0.9%	2,622	2,598	2,910	2,911	2,504	2,463	2,493	2,774	2,786	2,800	2,020	2,026	2,052	2,020	1,998	1,988	1,499	1,484	1,503	1,760	1,772
Shareholder's Equity	3.1%	2,128	2,064	4,527	2,043	2,032	4,347	4,182	4,023	1,924	3,750	3,637	846	1,485	1,335	1,214	3,065	1,204	1,057	2,762	2,664	955
Retained Earnings	1.8%	4,692	4,608	4,527	4,486	4,415	4,347	4,182	4,023	3,881	3,750	3,637	3,504	3,349	3,206	3,100	3,065	2,979	2,862	2,762	2,664	2,865
Additional Paid-In Capital	0.2%	855	853	851	851	879	867	856	845	862	855	847	846	862	850	840	853	874	865	858	852	872
Shares Outstanding	-0.1%	80.00	81.00	81.00	81.00	81.00	82.00	82.00	82.00	83.00	83.00	83.00	83.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	13,700	-	-	-	13,300	-	-	-	17,300	-	-	-	9,100	-	-	-	9,665	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-3.3%	311,900	322,600	189,600	1,900	345,800	220,800	268,200	126,200	284,000	286,000	267,500	209,300	309,500	257,800	179,600	4,400	279,500	228,200	203,400	35,400	270,200
Share Based Compensation	-5.8%	4,900	5,200	1,700	10,500	12,900	10,600	12,800	11,100	10,100	8,600	8,600	9,900	11,900	10,700	-4,900	6,300	9,000	9,000	8,900	7,600	9,500
Cashflow From Investing	-414.8%	-114,800	-22,300	-205,300	-116,600	-102,700	-80,400	-63,000	-86,600	-132,200	-1,489,800	-64,700	-51,200	-191,300	-34,900	-42,400	-285,600	-95,400	-68,000	-45,600	-42,000	-105,100
Cashflow From Financing	36.4%	-194,500	-305,800	-116,700	299,800	-204,700	-172,800	-182,600	-55,100	-195,800	1,067,700	-187,400	-80,200	-158,000	-205,800	-617,600	773,700	-156,900	-178,500	-134,200	-700	-150,200
Dividend Payments	-0.2%	65,200	65,300	65,400	60,800	60,600	60,900	61,200	56,200	56,300	56,300	56,400	51,600	51,600	48,400	48,400	48,400	48,400	48,600	48,800	43,900	44,400
Buy Backs	-26.1%	20,400	27,600	38,800	50,700	60,900	49,900	117,200	151,500	54,900	31,000	39,400	55,600	52,100	7,000	-	45,200	33,400	87,700	27,900	88,700	217,800

AVY Income Statement

2023-12-30

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 30, 2023	Dec. 31, 2022	Jan. 01, 2022
Income Statement [Abstract]
Net sales	$ 8,364.3	$ 9,039.3	$ 8,408.3
Cost of products sold	6,086.8	6,635.1	6,095.5
Gross profit	2,277.5	2,404.2	2,312.8
Marketing, general and administrative expense	1,313.7	1,330.8	1,248.5
Other expense (income), net	180.9	(0.6)	5.6
Interest expense	119.0	84.1	70.2
Other non-operating expense (income), net	(30.8)	(9.4)	(4.1)
Income before taxes	694.7	999.3	992.6
Provision for income taxes	191.7	242.2	248.6
Equity method investment (losses) gains	0.0	0.0	(3.9)
Net income	$ 503.0	$ 757.1	$ 740.1
Per share amounts:
Net income per common share (in dollars per share)	$ 6.23	$ 9.28	$ 8.93
Net income per common share, assuming dilution (in dollars per share)	$ 6.20	$ 9.21	$ 8.83
Weighted average number of shares outstanding:
Common shares (in shares)	80.7	81.6	82.9
Common shares, assuming dilution (in shares)	81.1	82.2	83.8

AVY Balance Sheet

2023-12-30

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 215.0	$ 167.2
Trade accounts receivable, less allowances of $34.4 at year-end 2023 and 2022	1,414.9	1,374.4
Inventories	920.7	1,009.9
Other current assets	245.4	230.5
Total current assets	2,796.0	2,782.0
Property, plant and equipment, net	1,625.8	1,540.2
Goodwill	2,013.6	1,862.4
Other intangibles resulting from business acquisitions, net	849.1	840.3
Deferred tax assets	115.7	115.1
Other assets	809.6	810.5
Total assets	8,209.8	7,950.5
Current liabilities:
Short-term borrowings and current portion of long-term debt and finance leases	622.2	598.6
Accounts payable	1,277.1	1,339.3
Accrued payroll and employee benefits	213.4	228.5
Accrued trade rebates	142.4	173.8
Income taxes payable	57.6	76.2
Other current liabilities	386.8	383.4
Total current liabilities	2,699.5	2,799.8
Long-term debt and finance leases	2,622.1	2,503.5
Long-term retirement benefits and other liabilities	500.3	367.1
Deferred tax liabilities and income taxes payable	260.0	247.9
Commitments and contingencies (see Notes 7 and 8)
Shareholders’ equity:
Common stock, $1 par value per share, authorized – 400,000,000 shares at year-end 2023 and 2022; issued – 124,126,624 shares at year-end 2023 and 2022; outstanding – 80,495,585 and 80,810,016 shares at year-end 2023 and 2022, respectively	124.1	124.1
Capital in excess of par value	854.5	879.3
Retained earnings	4,691.8	4,414.6
Treasury stock at cost, 43,631,039 and 43,316,608 shares at year-end 2023 and 2022, respectively	(3,134.4)	(3,021.8)
Accumulated other comprehensive loss	(408.1)	(364.0)
Total shareholders’ equity	2,127.9	2,032.2
Total liabilities and shareholders' equity	$ 8,209.8	$ 7,950.5

About Avery Dennison Corp

Avery Dennison Corporation operates as materials science and digital identification solutions company. It provides branding and information labeling solutions, including pressure-sensitive materials, radio-frequency identification (RFID) inlays and tags, and various converted products and solutions. The company designs and manufactures a range of labeling and functional materials that enhance branded packaging, carry or display information that connects the physical and the digital, and improve customers' product performance. It serves an array of industries, including home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive worldwide. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.

CEO	Mr. Deon M. Stander
WEBSITE	averydennison.com
INDUSTRY	Packers
EMPLOYEES	2900

Avery Dennison Corp Frequently Asked Questions

What is the ticker symbol for Avery Dennison Corp? What does AVY stand for in stocks?

AVY is the stock ticker symbol of Avery Dennison Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Avery Dennison Corp (AVY)?

As of Tue Apr 23 2024, market cap of Avery Dennison Corp is 17.01 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AVY stock?

You can check AVY's fair value in chart for subscribers.

What is the fair value of AVY stock?

You can check AVY's fair value in chart for subscribers. The fair value of Avery Dennison Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Avery Dennison Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AVY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Avery Dennison Corp a good stock to buy?

The fair value guage provides a quick view whether AVY is over valued or under valued. Whether Avery Dennison Corp is cheap or expensive depends on the assumptions which impact Avery Dennison Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AVY.

What is Avery Dennison Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, AVY's PE ratio (Price to Earnings) is 33.82 and Price to Sales (PS) ratio is 2.03. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AVY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Avery Dennison Corp's stock?

In the past 10 years, Avery Dennison Corp has provided 0.179 (multiply by 100 for percentage) rate of return.