Market Summary
USD171.71+0.49
Market Closed0.29%
AVY Alerts
AVY Stock Price
AVY RSI Chart
AVY Valuation
AVY Price/Sales (Trailing)
AVY Profitability
AVY Fundamentals
AVY Revenue
AVY Earnings
Price Action
52 Week Range
151.62204.37
(Low)(High)
Last 7 days
-3.9%
Last 30 days
-7.6%
Last 90 days
-5.6%
Trailing 12 Months
2.9%
AVY Financial Health
AVY Investor Care
Peers (Alternatives to Avery Dennison)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AMCR | 16.1B | 15.0B | -6.20% | -1.57% | 15.03 | 1.07 | 10.18% | 12.64% |
IP | 15.6B | 21.2B | -10.97% | -17.49% | 10.35 | 0.74 | 9.29% | -14.16% |
AVY | 13.9B | 9.0B | -7.59% | 2.89% | 18.33 | 1.54 | 7.50% | 2.30% |
PKG | 13.4B | 8.5B | -9.56% | -13.97% | 12.92 | 1.56 | 9.67% | 22.43% |
| MID-CAP | ||||||||
ATR | 7.4B | 3.3B | 1.44% | -3.61% | 30.76 | 2.22 | 2.94% | -1.97% |
GPK | 7.3B | 9.4B | -0.43% | 21.23% | 13.91 | 0.77 | 31.92% | 155.88% |
WRK | 7.1B | 21.2B | -16.68% | -39.08% | 8.76 | 0.33 | 10.00% | -7.02% |
SEE | 6.5B | 5.6B | -11.56% | -32.88% | 13.18 | 1.15 | 1.95% | -3.00% |
BERY | 6.0B | 14.0B | -12.15% | -5.21% | 7.93 | 0.41 | -2.13% | 3.73% |
SON | 5.4B | 7.3B | -8.96% | -1.91% | 11.61 | 0.75 | 29.70% | 645.69% |
GCP | 2.4B | 999.6M | 1.27% | 44.25% | 215.39 | 2.37 | 3.34% | -90.08% |
| SMALL-CAP | ||||||||
UFPT | 860.4M | 318.9M | 0.36% | 99.41% | 23.54 | 2.7 | 63.43% | 117.03% |
MYE | 728.6M | 881.1M | -16.62% | 8.31% | 13.47 | 0.83 | 25.99% | 84.79% |
ITP | 5.3M | - | -20.74% | -76.97% | -10.33 | 0.05 | 0.61% | 89.55% |
Financials for Avery Dennison
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | -1.7% | 9,039 | 9,197 | 8,951 | 8,706 | 8,408 |
| Gross Profit | -3.4% | 2,404 | 2,489 | 2,424 | 2,357 | 2,313 |
| S&GA Expenses | -1.5% | 1,331 | 1,351 | 1,317 | 1,291 | 1,249 |
| EBITDA | -5.4% | 1,261 | 1,332 | 1,279 | 1,315 | - |
| EBITDA Margin | -3.7% | 0.14* | 0.14* | 0.14* | 0.15* | - |
| Earnings Before Taxes | -7.0% | 999 | 1,074 | 1,026 | 993 | 993 |
| EBT Margin | -5.3% | 0.11* | 0.12* | 0.11* | 0.11* | - |
| Interest Expenses | 3.1% | 84.00 | 82.00 | 78.00 | 74.00 | 70.00 |
| Net Income | -7.3% | 757 | 817 | 760 | 729 | 740 |
| Net Income Margin | -5.7% | 0.08* | 0.09* | 0.08* | 0.08* | - |
| Free Cahsflow | 15.4% | 683 | 592 | 686 | 684 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -1.1% | 7,951 | 8,042 | 8,092 | 8,139 | 7,972 |
| Current Assets | -6.1% | 2,782 | 2,962 | 2,949 | 2,894 | 2,735 |
| Cash Equivalents | 30.4% | 167 | 128 | 165 | 147 | 163 |
| Inventory | -0.4% | 1,010 | 1,014 | 990 | 961 | 907 |
| Net PPE | 6.8% | 1,540 | 1,443 | 1,451 | 1,478 | 1,478 |
| Goodwill | 2.1% | 1,862 | 1,825 | 1,856 | 1,890 | 1,882 |
| Current Liabilities | -4.7% | 2,800 | 2,939 | 3,001 | 2,723 | 2,548 |
| Long Term Debt | 1.6% | 2,504 | 2,463 | 2,493 | 2,774 | 2,786 |
| Shareholder's Equity | 1.2% | 2,032 | 2,007 | 1,937 | 1,933 | 1,924 |
| Retained Earnings | 1.6% | 4,415 | 4,347 | 4,182 | 4,023 | 3,881 |
| Additional Paid-In Capital | 1.5% | 879 | 867 | 856 | 845 | 862 |
| Shares Outstanding | -0.4% | 81.00 | 81.00 | 81.00 | 82.00 | 83.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 6.9% | 961 | 899 | 964 | 964 | 1,047 |
| Share Based Compensation | 6.3% | 47.00 | 45.00 | 43.00 | 38.00 | 37.00 |
| Cashflow From Investing | 8.1% | -332 | -362 | -1,771 | -1,773 | -1,737 |
| Cashflow From Financing | -1.5% | -615 | -606 | 634 | 629 | 604 |
| Dividend Payments | 1.8% | 239 | 235 | 230 | 225 | 221 |
| Buy Backs | 1.6% | 380 | 374 | 355 | 277 | 181 |
Risks for AVY
What is the probability of a big loss on AVY?
56.5%
Probability that Avery Dennison stock will be more than 20% underwater in next one year
26.5%
Probability that Avery Dennison stock will be more than 30% underwater in next one year.
0%
Probability that Avery Dennison stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AVY drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Avery Dennison was unfortunately bought at previous high price.
Drawdowns
Returns for AVY
Cumulative Returns on AVY
17.0%
10-Year Cumulative Returns
15.7%
7-Year Cumulative Returns
10.6%
5-Year Cumulative Returns
18.7%
3-Year Cumulative Returns
What are the long-term rolling returns for AVY?
FIve years rolling returns for Avery Dennison.
Annualized Returns
Which funds bought or sold AVY recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | new | - | 276,891 | 276,891 | 0.01% |
2023-03-10 | MATHER GROUP, LLC. | unchanged | - | 29,668 | 294,668 | 0.01% |
2023-03-10 | BAILLIE GIFFORD & CO | added | 21.00 | 5,901 | 21,901 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -2.03 | 30,675,700 | 372,029,000 | 0.41% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -33.46 | -204,000 | 582,000 | -% |
2023-03-03 | TIAA, FSB | reduced | -6.84 | 15,586 | 453,586 | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | unchanged | - | 258 | 3,258 | -% |
2023-03-01 | SMITHBRIDGE ASSET MANAGEMENT INC/DE | new | - | 902,000 | 902,000 | 0.24% |
2023-02-28 | Voya Investment Management LLC | added | 10.11 | 19,768,100 | 107,637,000 | 0.15% |
2023-02-24 | National Pension Service | reduced | -0.26 | 2,105,820 | 22,463,500 | 0.04% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
AVY Alerts
Avery Dennison News
Schedule 13G FIlings of Avery Dennison
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 7.9% | 6,670,587 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 11.15% | 9,301,610 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 7.3% | 6,093,371 | SC 13G/A |
AVY Fair Value
Avery Dennison fair value in different scenarios
The table shows the Fair Value estimates for Avery Dennison for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 102.82 -40.12% | 146.51 -14.68% | 203.19 18.33% | 261.32 52.19% | 324.47 88.96% |
| Current Inflation | 94.60 -44.91% | 132.00 -23.13% | 179.50 4.54% | 227.89 32.72% | 280.51 63.36% |
| Very High Inflation | 84.40 -50.85% | 114.52 -33.31% | 151.67 -11.67% | 189.23 10.20% | 230.16 34.04% |
Historical Avery Dennison Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Avery Dennison
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 15, 2023 | 8-K | Current Report | |
| Mar 14, 2023 | ARS | ARS | |
| Mar 09, 2023 | DEF 14A | DEF 14A | |
| Mar 09, 2023 | DEFA14A | DEFA14A | |
| Mar 08, 2023 | 424B5 | Prospectus Filed | |
| Mar 08, 2023 | 8-K | Current Report | |
| Mar 07, 2023 | FWP | Prospectus Filed | |
| Mar 06, 2023 | 4 | Insider Trading | |
| Mar 06, 2023 | 424B5 | Prospectus Filed | |
| Mar 03, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for AVY
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-03 | Lopez Andres Alberto | sold | -1,055,600 | 182 | -5,800 | - |
2023-03-02 | Colisto Nicholas | sold | -693,212 | 180 | -3,842 | svp & cio |
2023-03-01 | Colisto Nicholas | acquired | 931,764 | 182 | 5,112 | svp & cio |
2023-03-01 | STANDER DEON | sold (taxes) | -987,357 | 182 | -5,417 | president & coo |
2023-03-01 | Lovins Gregory | acquired | 3,475,890 | 182 | 19,070 | svp and cfo |
2023-03-01 | Butier Mitchell R | acquired | 12,567,300 | 182 | 68,949 | chairman & ceo |
2023-03-01 | Bondar Lori J | sold (taxes) | -282,154 | 182 | -1,548 | vp, ctrlr, treasurer & cao |
2023-03-01 | Baker-Nel Deena | acquired | 916,271 | 182 | 5,027 | svp & chief hr officer |
2023-03-01 | STANDER DEON | acquired | 2,416,170 | 182 | 13,256 | president & coo |
2023-03-01 | Baker-Nel Deena | sold (taxes) | -445,468 | 182 | -2,444 | svp & chief hr officer |
Avery Dennison Corporation manufactures and markets pressure-sensitive materials and products in the United States, Europe, Asia, Latin America, and internationally. 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, as well as durable cast and reflective films. It provides 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. The company's Retail Branding and Information Solutions segment designs, manufactures, and sells brand embellishments, graphic tickets, tags and labels, and sustainable packaging solutions, as well as offers creative services; radio-frequency identification products; visibility and loss prevention solutions; price ticketing and marking solutions; care, content, and country of origin compliance solutions; and brand protection and security solutions. It serves retailers, brand owners, apparel manufacturers, distributors, and industrial customers. The company's Industrial and Healthcare Materials segment offers tapes; pressure-sensitive adhesive based materials and converted products; medical fasteners; and performance polymers under the Fasson, Avery Dennison, and Yongle brands. It serves automotive, electronics, building and construction, general industrial, personal care, and medical markets. 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 Glendale, California.
AVY Income Statement
2022-12-31Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Jan. 01, 2022 | Jan. 02, 2021 | |
| Income Statement [Abstract] | |||
| Net sales | $ 9,039.3 | $ 8,408.3 | $ 6,971.5 |
| Cost of products sold | 6,635.1 | 6,095.5 | 5,048.2 |
| Gross profit | 2,404.2 | 2,312.8 | 1,923.3 |
| Marketing, general and administrative expense | 1,330.8 | 1,248.5 | 1,060.5 |
| Other expense (income), net | (0.6) | 5.6 | 53.6 |
| Interest expense | 84.1 | 70.2 | 70.0 |
| Other non-operating expense (income), net | (9.4) | (4.1) | 1.9 |
| Income before taxes | 999.3 | 992.6 | 737.3 |
| Provision for income taxes | 242.2 | 248.6 | 177.7 |
| Equity method investment (losses) gains | 0.0 | (3.9) | (3.7) |
| Net income | $ 757.1 | $ 740.1 | $ 555.9 |
| Per share amounts: | |||
| Net income per common share (in dollars per share) | $ 9.28 | $ 8.93 | $ 6.67 |
| Net income per common share, assuming dilution (in dollars per share) | $ 9.21 | $ 8.83 | $ 6.61 |
| Weighted average number of shares outstanding: | |||
| Common shares (in shares) | 81.6 | 82.9 | 83.4 |
| Common shares, assuming dilution (in shares) | 82.2 | 83.8 | 84.1 |
AVY Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Jan. 01, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 167.2 | $ 162.7 |
| Trade accounts receivable, less allowances of $34.4 and $33 at year-end 2022 and 2021, respectively | 1,374.4 | 1,424.5 |
| Inventories | 1,009.9 | 907.2 |
| Other current assets | 230.5 | 240.2 |
| Total current assets | 2,782.0 | 2,734.6 |
| Property, plant and equipment, net | 1,540.2 | 1,477.7 |
| Goodwill | 1,862.4 | 1,881.5 |
| Other intangibles resulting from business acquisitions, net | 840.3 | 911.4 |
| Deferred tax assets | 115.1 | 130.2 |
| Other assets | 810.5 | 836.2 |
| Total assets | 7,950.5 | 7,971.6 |
| Current liabilities: | ||
| Short-term borrowings and current portion of long-term debt and finance leases | 598.6 | 318.8 |
| Accounts payable | 1,339.3 | 1,298.8 |
| Accrued payroll and employee benefits | 228.5 | 299.0 |
| Accrued trade rebates | 173.8 | 176.3 |
| Income taxes payable | 76.2 | 74.9 |
| Other current liabilities | 383.4 | 380.1 |
| Total current liabilities | 2,799.8 | 2,547.9 |
| Long-term debt and finance leases | 2,503.5 | 2,785.9 |
| Long-term retirement benefits and other liabilities | 367.1 | 474.9 |
| Deferred tax liabilities and income taxes payable | 247.9 | 238.5 |
| 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 2022 and 2021; issued – 124,126,624 shares at year-end 2022 and 2021; outstanding – 80,810,016 and 82,605,953 shares at year-end 2022 and 2021, respectively | 124.1 | 124.1 |
| Capital in excess of par value | 879.3 | 862.3 |
| Retained earnings | 4,414.6 | 3,880.7 |
| Treasury stock at cost, 43,316,608 and 41,520,671 shares at year-end 2022 and 2021, respectively | (3,021.8) | (2,659.8) |
| Accumulated other comprehensive loss | (364.0) | (282.9) |
| Total shareholders’ equity | 2,032.2 | 1,924.4 |
| Total liabilities and shareholders' equity | $ 7,950.5 | $ 7,971.6 |