Is Avery Dennison Stock a Good Investment?
Avery Dennison Investment Advice | AVY |
- Examine Avery Dennison's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Avery Dennison's leadership team and their track record. Good management can help Avery Dennison navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Paper & Plastic Packaging Products & Materials space and any emerging trends that could impact Avery Dennison's business and its evolving consumer preferences.
- Compare Avery Dennison's performance and market position to its competitors. Analyze how Avery Dennison is positioned in terms of product offerings, innovation, and market share.
- Check if Avery Dennison pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Avery Dennison's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Avery Dennison Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Avery Dennison Corp is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Avery Dennison Stock
Researching Avery Dennison's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 95.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.25. Avery Dennison Corp recorded earning per share (EPS) of 8.34. The entity last dividend was issued on the 4th of December 2024. The firm had 2:1 split on the 23rd of December 1996.
To determine if Avery Dennison is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Avery Dennison's research are outlined below:
| Avery Dennison Corp generated a negative expected return over the last 90 days | |
| Avery Dennison Corp is unlikely to experience financial distress in the next 2 years | |
| Avery Dennison Corp has a strong financial position based on the latest SEC filings | |
| Over 95.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Insider Trading |
Avery Dennison Quarterly Good Will |
|
Avery Dennison uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Avery Dennison Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Avery Dennison's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Avery Dennison's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Avery Dennison's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2013-01-30 | 2012-12-31 | 0.49 | 0.54 | 0.05 | 10 | ||
2004-01-27 | 2003-12-31 | 0.59 | 0.65 | 0.06 | 10 | ||
2012-01-31 | 2011-12-31 | 0.46 | 0.39 | -0.07 | 15 | ||
2012-10-24 | 2012-09-30 | 0.45 | 0.53 | 0.08 | 17 | ||
2015-02-02 | 2014-12-31 | 0.8 | 0.9 | 0.1 | 12 | ||
2011-10-26 | 2011-09-30 | 0.58 | 0.48 | -0.1 | 17 | ||
2007-10-23 | 2007-09-30 | 0.9 | 1.0 | 0.1 | 11 | ||
2009-04-28 | 2009-03-31 | 0.22 | 0.11 | -0.11 | 50 |
Know Avery Dennison's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Avery Dennison is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Avery Dennison Corp backward and forwards among themselves. Avery Dennison's institutional investor refers to the entity that pools money to purchase Avery Dennison's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Fiduciary Management, Inc. Of Milwaukee | 2024-09-30 | 1.4 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 1.2 M | Norges Bank | 2024-06-30 | 985.3 K | Northern Trust Corp | 2024-09-30 | 937.8 K | Fmr Inc | 2024-09-30 | 921.5 K | Boston Partners Global Investors, Inc | 2024-09-30 | 860.3 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 817.5 K | Veritas Investment Partners (uk) Ltd. | 2024-09-30 | 794.1 K | Bank Of America Corp | 2024-06-30 | 752.9 K | Vanguard Group Inc | 2024-09-30 | 9.6 M | Blackrock Inc | 2024-06-30 | 7.1 M |
Avery Dennison's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 16.44 B.Market Cap |
|
Avery Dennison's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.19 | 0.14 | |
| Return On Assets | 0.09 | 0.05 | |
| Return On Equity | 0.34 | 0.35 |
Determining Avery Dennison's profitability involves analyzing its financial statements and using various financial metrics to determine if Avery Dennison is a good buy. For example, gross profit margin measures Avery Dennison's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Avery Dennison's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Avery Dennison's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Avery Dennison Corp. Check Avery Dennison's Beneish M Score to see the likelihood of Avery Dennison's management manipulating its earnings.
Evaluate Avery Dennison's management efficiency
Avery Dennison Corp has Return on Asset of 0.0851 % which means that on every $100 spent on assets, it made $0.0851 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3024 %, implying that it generated $0.3024 on every 100 dollars invested. Avery Dennison's management efficiency ratios could be used to measure how well Avery Dennison manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Avery Dennison's Return On Tangible Assets are fairly stable compared to the past year. Return On Equity is likely to rise to 0.35 in 2024, whereas Return On Capital Employed is likely to drop 0.14 in 2024. At this time, Avery Dennison's Non Current Assets Total are fairly stable compared to the past year. Intangible Assets is likely to rise to about 1 B in 2024, whereas Total Assets are likely to drop slightly above 4.1 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 22.41 | 23.53 | |
| Tangible Book Value Per Share | (9.45) | (8.98) | |
| Enterprise Value Over EBITDA | 11.60 | 7.86 | |
| Price Book Value Ratio | 6.54 | 3.62 | |
| Enterprise Value Multiple | 11.60 | 7.86 | |
| Price Fair Value | 6.54 | 3.62 | |
| Enterprise Value | 6.6 B | 6.2 B |
The leadership approach at Avery Dennison's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Dividend Yield 0.0169 | Forward Dividend Yield 0.0169 | Forward Dividend Rate 3.52 | Beta 0.896 |
Basic technical analysis of Avery Stock
As of the 28th of November, Avery Dennison shows the risk adjusted performance of (0.05), and Mean Deviation of 0.9092. Avery Dennison Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Avery Dennison's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Avery Dennison insiders, such as employees or executives, is commonly permitted as long as it does not rely on Avery Dennison's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Avery Dennison insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Avery Dennison's Outstanding Corporate Bonds
Avery Dennison issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Avery Dennison Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Avery bonds can be classified according to their maturity, which is the date when Avery Dennison Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| AVNT 7125 01 AUG 30 Corp BondUS05368VAA44 | View | |
| US05367AAH68 Corp BondUS05367AAH68 | View | |
| AVIAGP 9 01 DEC 28 Corp BondUS05368PAA75 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| AVERY DENNISON P Corp BondUS053611AJ82 | View | |
| AVY 225 15 FEB 32 Corp BondUS053611AM12 | View | |
| US053611AK55 Corp BondUS053611AK55 | View | |
| AVY 575 15 MAR 33 Corp BondUS053611AN94 | View |
Understand Avery Dennison's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Avery Dennison's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 0.9092 | |||
| Coefficient Of Variation | (1,520) | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.57 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 6.42 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.6 | |||
| Skewness | (0.59) | |||
| Kurtosis | 2.69 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 0.9092 | |||
| Coefficient Of Variation | (1,520) | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.57 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 6.42 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.6 | |||
| Skewness | (0.59) | |||
| Kurtosis | 2.69 |
Consider Avery Dennison's intraday indicators
Avery Dennison intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Avery Dennison stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 7151.25 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 206.17 | |||
| Day Typical Price | 205.83 | |||
| Price Action Indicator | (1.02) | |||
| Relative Strength Index | 35.42 |
Avery Dennison Corporate Filings
F4 | 27th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 25th of November 2024 Certification of the accuracy of the financial statements and disclosures | ViewVerify | |
F3 | 21st of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 15th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Avery Stock media impact
Far too much social signal, news, headlines, and media speculation about Avery Dennison that are available to investors today. That information is available publicly through Avery media outlets and privately through word of mouth or via Avery internal channels. However, regardless of the origin, that massive amount of Avery data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Avery Dennison news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Avery Dennison relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Avery Dennison's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Avery Dennison alpha.
Avery Dennison Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Avery Dennison can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Avery Dennison Corp Historical Investor Sentiment
Investor biases related to Avery Dennison's public news can be used to forecast risks associated with an investment in Avery. The trend in average sentiment can be used to explain how an investor holding Avery can time the market purely based on public headlines and social activities around Avery Dennison Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Avery Dennison's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Avery Dennison and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Avery Dennison news discussions. The higher the estimate score, the more favorable the investor's outlook on Avery Dennison.
Avery Dennison Corporate Directors
| Andres Lopez | Independent Director | Profile | |
| Peter Barker | Independent Director | Profile | |
| Anthony Anderson | Independent Director | Profile | |
| Ken Hicks | Independent Director | Profile |
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.
Additional Tools for Avery Stock Analysis
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.