Avery Dennison Corporation manufactures and markets pressure-sensitive materials 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; item-level radio-frequency identification solutions; 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.
IPO Year:
Exchange: NYSE
Website: averydennison.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/24/2024 | $230.00 → $210.00 | Overweight → Neutral | JP Morgan |
| 10/17/2024 | $207.00 → $250.00 | Underperform → Buy | BofA Securities |
| 10/7/2024 | $250.00 | Overweight | Barclays |
| 7/25/2024 | $262.00 → $235.00 | Buy → Neutral | UBS |
| 7/9/2024 | $274.60 | Buy | Stifel |
| 1/3/2024 | $197.00 → $214.00 | Buy → Neutral | Citigroup |
| 1/2/2024 | $208.00 | Buy → Underperform | BofA Securities |
| 10/20/2023 | $200.00 → $208.00 | Outperform | Raymond James |
| 8/23/2023 | $184.00 → $220.00 | Neutral → Buy | UBS |
| 12/15/2022 | $200.00 → $205.00 | Neutral → Buy | BofA Securities |
UBS analyst Joshua Spector downgrades Avery Dennison (NYSE:AVY) from Buy to Neutral and lowers the price target from $262 to $235.
BMO Capital analyst John McNulty maintains Avery Dennison (NYSE:AVY) with a Outperform and lowers the price target from $256 to $254.
In the latest quarter, 7 analysts provided ratings for Avery Dennison (NYSE:AVY), showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 1 1 0 0 Last 30D 1 0 0 0 0 1M Ago 2 0 1 0 0 2M Ago 0 1 0 0 0 3M Ago 2 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $253.37, a high estimate of $274.60, and a low estimate of $241.00. This current average has increased by 4.05% from the previous
Truist Securities analyst Michael Roxland maintains Avery Dennison (NYSE:AVY) with a Buy and raises the price target from $253 to $258.
Avery Dennison (NYSE:AVY) reported quarterly earnings of $2.42 per share which beat the analyst consensus estimate of $2.26 by 7.08 percent. This is a 26.04 percent increase over earnings of $1.92 per share from the same period last year. The company reported quarterly sales of $2.23 billion which beat the analyst consensus estimate of $2.18 billion by 2.52 percent. This is a 6.89 percent increase over sales of $2.09 billion the same period last year.
Avery Dennison's (NYSE:AVY) short percent of float has risen 3.23% since its last report. The company recently reported that it has 1.58 million shares sold short, which is 2.24% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.3 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest i
Avery Dennison (NYSE:AVY) has outperformed the market over the past 15 years by 2.53% on an annualized basis producing an average annual return of 15.06%. Currently, Avery Dennison has a market capitalization of $17.63 billion. Buying $1000 In AVY: If an investor had bought $1000 of AVY stock 15 years ago, it would be worth $8,117.58 today based on a price of $218.85 for AVY at the time of writing. Avery Dennison's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated conten
UBS analyst Joshua Spector maintains Avery Dennison (NYSE:AVY) with a Buy and lowers the price target from $260 to $252.
Stifel analyst Lars Kjellberg initiates coverage on Avery Dennison (NYSE:AVY) with a Buy rating and announces Price Target of $274.6.
Avery Dennison Corporation (NYSE:AVY), a leading global materials science and digital identification solutions company, today announced that the company will be participating in the following upcoming investor events: Baird's 2024 Global Industrial Conference on Tuesday, November 12th. Deon Stander, president and chief executive officer, is scheduled to present at 2:20pm CT. UBS 2024 Global Industrials Conference on Tuesday, December 3rd. For additional investor information, including live webcast and replay of events, visit www.investors.averydennison.com. About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital identification solutio
Avery Dennison Corporation (NYSE:AVY) announced today that it has priced an underwritten public offering of €500 million aggregate principal amount of 3.750% Senior Notes due 2034. The Senior Notes were priced at 99.672% of their principal amount. The offering is expected to close on November 4, 2024, subject to customary closing conditions. Avery Dennison intends to use the net proceeds from the offering to repay in full the €500 million aggregate principal amount of its 1.250% senior notes due 2025 when they mature on March 3, 2025 and for general corporate purposes. The joint book-running managers for this offering are Merrill Lynch International, Mizuho International plc, SMBC Bank In
The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.88 per share. The dividend is payable on December 18, 2024 to shareholders of record on December 4, 2024. About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital identification solutions company that provides a wide range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. Our products and solutions include labeling and functional materials, radio frequency identification (RFID) inlays and tags,
Highlights: 3Q24 Reported EPS of $2.25, up 32% 3Q24 Adjusted EPS (non-GAAP) of $2.33, up 9% 3Q24 Net sales of $2.2 billion, up 4% Sales change ex. currency (non-GAAP) up 5% Organic sales change (non-GAAP) up 4% FY24 Reported EPS guidance of $8.75 to $8.90 (previously $8.75 to $8.95) Raising Adjusted EPS guidance of $9.35 to $9.50 (previously $9.30 to $9.50) Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its third quarter ended September 28, 2024. Non-GAAP financial measures referenced in this release are reconciled from GAAP in the attached financial schedules. Unless otherwise indicated, comparisons are to the same period in t
Kroger will use RFID sensors to enable item-level digital identification for greater inventory accuracy to maximize freshness, reduce waste and optimize associates' time Avery Dennison (NYSE:AVY) announced today it will begin working with The Kroger Co. to build a better associate and customer experience through RFID inventory automation technology. This collaboration makes item-level digital identification possible, enabling more frequent and more accurate inventory information to maximize freshness, reduce waste and improve the associate experience. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241022270226/en/Avery Dennison
Avery Dennison Corporation (NYSE:AVY), a leading global materials science and digital identification solutions company, today announced it will host its third quarter 2024 earnings conference call at 11:00 a.m. ET on Wednesday, October 23, 2024. The company's third quarter 2024 earnings release will be issued that morning at approximately 6:45 a.m. ET. The event will be webcast live, and the replay will be available on Avery Dennison's Investor Relations website (www.investors.averydennison.com). About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital identification solutions company that provides a wide range of branding and information solut
Avery Dennison Corporation (NYSE:AVY), a leading global materials science and digital identification solutions company, will speak to the investment community during its 2024 Investor Day today in New York, NY. Avery Dennison senior management will host a briefing from 9:30 a.m. to approximately 11:30 a.m. Eastern time, discussing company and industry trends and future opportunities during the presentation and answering questions thereafter. The event will be webcast live, and a replay will be available on Avery Dennison's Investor Relations website at www.investors.averydennison.com. About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital ide
WESTPORT, Conn., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE:CODI) ("CODI" or the "Company"), an owner of leading middle market businesses, announced today that Stephen Keller has been appointed as the Company's Chief Financial Officer (CFO), effective August 31, 2024. He will be replacing Ryan Faulkingham, who has served as the Company's CFO since July 2013 and is departing the Company effective August 30, 2024. Mr. Faulkingham will continue to serve in an advisory capacity in order to facilitate a seamless transition. In his new role, Mr. Keller will lead CODI's finance organization, including accounting, planning, treasury, tax, reporting, and investor relations. He b
The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.88 per share. The dividend is payable on September 18, 2024 to shareholders of record on September 4, 2024. About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital identification solutions company that provides a wide range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. Our products and solutions include labeling and functional materials, radio frequency identification (RFID) inlays and ta
Highlights: 2Q24 Reported EPS of $2.18, up 76% 2Q24 Adjusted EPS (non-GAAP) of $2.42, up 26% 2Q24 Net sales of $2.2 billion, up 7% Sales change ex. currency (non-GAAP) up 8% Organic sales change (non-GAAP) up 7% FY24 EPS guidance Revising Reported EPS guidance of $8.75 to $8.95 (previously $8.60 to $9.10) Raising Adjusted EPS guidance of $9.30 to $9.50 (previously $9.00 to $9.50) Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its second quarter ended June 29, 2024. Non-GAAP financial measures referenced in this release are reconciled from GAAP in the attached financial schedules. Unless otherwise indicated, compariso
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WESTPORT, Conn., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE:CODI) ("CODI" or the "Company"), an owner of leading middle market businesses, announced today that Stephen Keller has been appointed as the Company's Chief Financial Officer (CFO), effective August 31, 2024. He will be replacing Ryan Faulkingham, who has served as the Company's CFO since July 2013 and is departing the Company effective August 30, 2024. Mr. Faulkingham will continue to serve in an advisory capacity in order to facilitate a seamless transition. In his new role, Mr. Keller will lead CODI's finance organization, including accounting, planning, treasury, tax, reporting, and investor relations. He b
Mitch Butier has decided to retire as CEO, effective September 1; will remain as Executive Chairman Deon Stander appointed President and Chief Executive Officer Avery Dennison Corporation (NYSE:AVY) announced today that its board of directors, as a result of a planned succession process, has elected the company's president and chief operating officer, Deon Stander, as president and chief executive officer, effective September 1, 2023. Current chairman and CEO, Mitch Butier, will serve as executive chairman of the company's board of directors. "It has been a privilege to have led Avery Dennison for much of the past decade. I have been fortunate to have worked with such a tremendous
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The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.88 per share. The dividend is payable on December 18, 2024 to shareholders of record on December 4, 2024. About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital identification solutions company that provides a wide range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. Our products and solutions include labeling and functional materials, radio frequency identification (RFID) inlays and tags,
Highlights: 3Q24 Reported EPS of $2.25, up 32% 3Q24 Adjusted EPS (non-GAAP) of $2.33, up 9% 3Q24 Net sales of $2.2 billion, up 4% Sales change ex. currency (non-GAAP) up 5% Organic sales change (non-GAAP) up 4% FY24 Reported EPS guidance of $8.75 to $8.90 (previously $8.75 to $8.95) Raising Adjusted EPS guidance of $9.35 to $9.50 (previously $9.30 to $9.50) Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its third quarter ended September 28, 2024. Non-GAAP financial measures referenced in this release are reconciled from GAAP in the attached financial schedules. Unless otherwise indicated, comparisons are to the same period in t
Avery Dennison Corporation (NYSE:AVY), a leading global materials science and digital identification solutions company, today announced it will host its third quarter 2024 earnings conference call at 11:00 a.m. ET on Wednesday, October 23, 2024. The company's third quarter 2024 earnings release will be issued that morning at approximately 6:45 a.m. ET. The event will be webcast live, and the replay will be available on Avery Dennison's Investor Relations website (www.investors.averydennison.com). About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital identification solutions company that provides a wide range of branding and information solut
The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.88 per share. The dividend is payable on September 18, 2024 to shareholders of record on September 4, 2024. About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital identification solutions company that provides a wide range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. Our products and solutions include labeling and functional materials, radio frequency identification (RFID) inlays and ta
Highlights: 2Q24 Reported EPS of $2.18, up 76% 2Q24 Adjusted EPS (non-GAAP) of $2.42, up 26% 2Q24 Net sales of $2.2 billion, up 7% Sales change ex. currency (non-GAAP) up 8% Organic sales change (non-GAAP) up 7% FY24 EPS guidance Revising Reported EPS guidance of $8.75 to $8.95 (previously $8.60 to $9.10) Raising Adjusted EPS guidance of $9.30 to $9.50 (previously $9.00 to $9.50) Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its second quarter ended June 29, 2024. Non-GAAP financial measures referenced in this release are reconciled from GAAP in the attached financial schedules. Unless otherwise indicated, compariso
Avery Dennison Corporation (NYSE:AVY), a leading global materials science and digital identification solutions company, today announced the following upcoming investor events: Avery Dennison's second quarter 2024 earnings conference call on Tuesday, July 23rd, at 12:00 p.m. ET. The company's second quarter earnings release will be issued that morning at 6:45 a.m. ET. Avery Dennison's 2024 Investor Day on Wednesday, September 18th, at 9:30 a.m. ET at the New York Stock Exchange. In-person attendance for this event requires pre-registration as space at the venue is limited. Analysts and institutional investors interested in attending in-person should contact Avery Dennison's Investor Re
Avery Dennison Corporation (NYSE:AVY) today announced that its Board of Directors has increased the company's quarterly dividend. The board declared a quarterly dividend of $0.88 per share, representing an increase of approximately 9% over the previous dividend rate. The dividend for the second quarter is payable on June 20, 2024 to shareholders of record as of June 5, 2024. About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital identification solutions company that provides a wide range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, a
Highlights: 1Q24 Reported EPS of $2.13, up 43% 1Q24 Adjusted EPS (non-GAAP) of $2.29, up 35% 1Q24 Net sales of $2.2 billion, up 4% Sales change ex. currency (non-GAAP) up 4% Organic sales change (non-GAAP) up 3% FY24 Reported EPS guidance of $8.60 to $9.10 Adjusted EPS guidance of $9.00 to $9.50 Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its first quarter ended March 30, 2024. Non-GAAP financial measures referenced in this release are reconciled from GAAP in the attached financial schedules. Unless otherwise indicated, comparisons are to the same period in the prior year. "We are off to a strong start to the year.
Avery Dennison Corporation (NYSE:AVY) will host its first quarter 2024 earnings conference call in a live webcast at 12:00 p.m. ET on Wednesday, April 24, 2024. The company's first quarter 2024 news release will be issued that morning at 6:45 a.m. ET. This event will be webcast live, and a replay will be available on Avery Dennison's Investor Relations website (www.investors.averydennison.com). About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital identification solutions company that provides a wide range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circulari
The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.81 per share. The dividend is payable on March 20, 2024 to shareholders of record on March 6, 2024. About Avery Dennison Avery Dennison Corporation (NYSE:AVY) is a global materials science and digital identification solutions company that provides a wide range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. Our products and solutions include labeling and functional materials, radio frequency identification (RFID) inlays and tags, soft
JP Morgan downgraded Avery Dennison from Overweight to Neutral and set a new price target of $210.00 from $230.00 previously
BofA Securities upgraded Avery Dennison from Underperform to Buy and set a new price target of $250.00 from $207.00 previously
Barclays initiated coverage of Avery Dennison with a rating of Overweight and set a new price target of $250.00
UBS downgraded Avery Dennison from Buy to Neutral and set a new price target of $235.00 from $262.00 previously
Stifel initiated coverage of Avery Dennison with a rating of Buy and set a new price target of $274.60
Citigroup downgraded Avery Dennison from Buy to Neutral and set a new price target of $214.00 from $197.00 previously
BofA Securities downgraded Avery Dennison from Buy to Underperform and set a new price target of $208.00
Raymond James resumed coverage of Avery Dennison with a rating of Outperform and set a new price target of $208.00 from $200.00 previously
UBS upgraded Avery Dennison from Neutral to Buy and set a new price target of $220.00 from $184.00 previously
BofA Securities upgraded Avery Dennison from Neutral to Buy and set a new price target of $205.00 from $200.00 previously