More about Avery Dennison Corporation
Regulatory Filings for Avery Dennison Corporation
Fundamentals for Avery Dennison Corporation
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Fundamentals for Avery Dennison Corporation
Business Operations:
Sector: Consumer CyclicalIndustry: Packaging & Containers
Avery Dennison Corporation operates as a materials science and digital identification solutions company in the North America, Europe, the Middle East, North Africa, Asia, and Latin America. It offers pressure-sensitive label materials, which consist of papers, plastic films, and metal foils; performance tapes products, including mechanical fasteners, which are precision-extruded and injection-molded plastic devices; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, and Avery Dennison brands. The company provides graphics and reflective products that include films and other products for the architectural, commercial sign, digital printing, and other related market segments; durable cast and reflective films to the construction, automotive, and fleet transportation markets; sign shops, commercial printers, and designers for pressure-sensitive materials; reflective films for traffic and safety applications; and pressure-sensitive vinyl and specialty materials for digital imaging, screen printing, and sign cutting applications under the Avery Dennison and Mactac brand names. In addition, it offers branding solutions, which include brand embellishments, graphic tickets, tags, labels, and sustainable packaging; information solutions, such as item-level RFID, visibility and loss prevention, price ticketing and marking, productivity and media, and brand protection and security solutions; and shelf-edge productivity and media solutions under the Vestcom brand names, as well as care, content, and country of origin compliance solutions. It serves home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive industries. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. The company was founded in 1935 and is headquartered in Mentor, Ohio.
Revenue projections:
Avery Dennison Corporation is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 1.12700 |
|---|---|
| forwardPE | 17.10826 |
| debtToEquity | 176.33500 |
| earningsGrowth | -0.00600 |
| revenueGrowth | 0.03900 |
| grossMargins | 0.28754 |
| operatingMargins | 0.12707 |
| trailingEps | 8.79000 |
| forwardEps | 11.39625 |
AVY's current ratio is 1.127, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as AVY should not face any issues meeting its short-term liabilities with available resources.
AVY's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
Avery Dennison Corporation's high debt-to-equity ratio indicates a strong reliance on debt, meaning the company is heavily leveraged. This could increase financial risks if cash flow or earnings decline, making it more difficult for Avery Dennison Corporation to manage its debt obligations.
Avery Dennison Corporation's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
AVY's negative gross and operating margins suggest that the company is currently losing money, unable to generate profit from production or operations. This could signal inefficiencies in cost control or a drop in sales.
AVY's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that AVY is projected to improve its financial performance compared to the previous year.
Price projections:
Avery Dennison Corporation's price projections have been revised downward gradually, indicating that analysts are tempering their expectations. This downward shift suggests a more cautious outlook on the company's growth prospects.
Insider Transactions:
AVY saw 3 transactions in which shares were sold with market price at 186.60999552408853.No sell transactions were carried out during the period under review.Investors have shown more interest in buying than selling AVY at current price levels, which may point to a positive market sentiment. This could indicate that investors are expecting favorable results from the stock in the near future.
Recommendation changes over time:
Analysts have shown a buy bias for Avery Dennison Corporation, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to Avery Dennison Corporation, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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