Avery Dennison Corp
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- Market Cap.:
- $14.19 billion
- Book Value:
- Revenue TTM:
- $9.04 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $2.40 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Avery Dennison Corp had its IPO on 1983-12-29 under the ticker symbol AVY.
The company operates in the Consumer Cyclical sector and Packaging & Containers industry. Avery Dennison Corp has a staff strength of 36,000 employees.
Shares of Avery Dennison Corp opened at $167.77 at the start of the last trading session i.e. 2023-03-20.
The stocks traded within a range of $166.85 - $170.15, and closed at $169.58.
This is a +1.87% increase from the previous day's closing price.
A total volume of 512,142 shares were traded at the close of the day’s session.
In the last one week, shares of Avery Dennison Corp have slipped by -0.68%.
Avery Dennison Corp's Key Ratios
Avery Dennison Corp has a market cap of $14.19 billion, indicating a price to book ratio of 7.1691 and a price to sales ratio of 1.5964.
In the last 12-months Avery Dennison Corp’s revenue was $9.04 billion with a gross profit of $2.40 billion and an EBITDA of $1.35 billion. The EBITDA ratio measures Avery Dennison Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Avery Dennison Corp’s operating margin was 12.04% while its return on assets stood at 8.54% with a return of equity of 38.27%.
In Q4, Avery Dennison Corp’s quarterly earnings growth was a negative -31.3% while revenue growth was a negative 7.2%.
Avery Dennison Corp’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $9.21 per share while it has a forward price to earnings multiple of 17.0358 and a PEG multiple of 2.2732. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Avery Dennison Corp’s profitability.
Avery Dennison Corp stock is trading at a EV to sales ratio of 1.8915 and a EV to EBITDA ratio of 12.0341. Its price to sales ratio in the trailing 12-months stood at 1.5964.
Avery Dennison Corp stock pays annual dividends of $2.93 per share, indicating a yield of 1.8% and a payout ratio of 32.79%.
Balance sheet and cash flow metrics
- Total Assets
- $7.95 billion
- Total Liabilities
- $2.80 billion
- Operating Cash Flow
- Capital Expenditure
- $101.40 million
- Dividend Payout Ratio
Avery Dennison Corp ended 2023 with $7.95 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.95 billion while shareholder equity stood at $2.03 billion.
Avery Dennison Corp ended 2023 with $0 in deferred long-term liabilities, $2.80 billion in other current liabilities, 124100000.00 in common stock, $4.41 billion in retained earnings and $1.86 billion in goodwill. Its cash balance stood at $167.20 million and cash and short-term investments were $167.20 million. The company’s total short-term debt was $598,600,000 while long-term debt stood at $2.50 billion.
Avery Dennison Corp’s total current assets stands at $2.78 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.37 billion compared to accounts payable of $1.34 billion and inventory worth $1.01 billion.
In 2023, Avery Dennison Corp's operating cash flow was $-332700000.00 while its capital expenditure stood at $101.40 million.
Comparatively, Avery Dennison Corp paid $0.33 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Avery Dennison Corp stock is currently trading at $169.58 per share. It touched a 52-week high of $201.9011 and a 52-week low of $201.9011. Analysts tracking the stock have a 12-month average target price of $205.91.
Its 50-day moving average was $182.59 and 200-day moving average was $177.95 The short ratio stood at 3.06 indicating a short percent outstanding of 0%.
Around 69.1% of the company’s stock are held by insiders while 9382.8% are held by institutions.
Frequently Asked Questions About Avery Dennison Corp
Similar Industry Stocks (Packaging & Containers)
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.