Avery Dennison Stock Intrinsic Value – Avery Dennison Shares Soar Tuesday, Outperform Market
November 15, 2023
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Tuesday was a great day for Avery Dennison ($NYSE:AVY) Corp., as their stocks soared, outperforming the market. Avery Dennison is a global leader in labeling and packaging materials and solutions. Avery Dennison is an active participant in sustainability, with their Sustainable Solutions platform helping customers achieve their targets in terms of sustainability and cost-savings.
Tuesday’s stock surge was a great sign for investors, as the company continues to innovate and expand their portfolio. With their commitment to sustainability, Avery Dennison is well-positioned to remain a leader in their industries.
Stock Price
Tuesday was a strong day for Avery Dennison stock, which opened at $182.8 and closed at $188.0 – a 4.6% rise from its prior closing price of $179.7 – significantly outperforming the broader market. This positive performance comes after the company reported strong quarterly earnings results on Monday, showing improved profitability and strong balance sheet growth. Analysts have attributed the sharp rise to investor optimism in the company’s future prospects and execution of its strategic goals. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Avery Dennison. More…
| Total Revenues | Net Income | Net Margin |
| 8.28k | 482.8 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Avery Dennison. More…
| Operations | Investing | Financing |
| 859.9 | -446.9 | -327.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Avery Dennison. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.13k | 6.07k | 25.61 |
Key Ratios Snapshot
Some of the financial key ratios for Avery Dennison are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.0% | 3.1% | 9.3% |
| FCF Margin | ROE | ROA |
| 6.9% | 23.7% | 5.9% |
Analysis – Avery Dennison Stock Intrinsic Value
At GoodWhale, we take pride in providing investors with accurate and reliable financial analyses of companies. We recently took a deep dive into AVERY DENNISON‘s financials, and here are our findings. Our proprietary Valuation Line revealed that the fair value of AVERY DENNISON’s share is around $204.4. However, the stock is currently trading at $188.0, which means a fair price is undervalued by 8.0%. That could be good news for investors looking to buy in at a lower price point. We understand that investing can be intimidating for some, so our goal is to help investors make smart decisions with reliable data and analysis. With this information, you can make an informed decision about whether AVERY DENNISON’s stock is the right fit for your portfolio. More…
Peers
Its main competitors are Seco/Warwick SA, Omni-Lite Industries Canada Inc, and Curtiss-Wright Corp.
– Seco/Warwick SA ($LTS:0LYW)
Seco/Warwick SA is a thermal-processing equipment manufacturer based in Poland. The company has a market cap of 146.14M as of 2022 and a Return on Equity of 9.69%. Seco/Warwick SA designs, manufactures, and sells furnaces and ovens for a variety of industries including aerospace, automotive, and medical device. The company’s products are used in a variety of applications including heat treating, brazing, soldering, and annealing.
– Omni-Lite Industries Canada Inc ($TSXV:OML)
Omni-Lite Industries Canada Inc is engaged in the development and production of metal alloys and composite products. The company operates through two segments: Metal Injection Molding and Castings, and Composite Products. The Metal Injection Molding and Castings segment offers metal injection molded and cast products for aerospace, military, automotive, and commercial applications. The Composite Products segment provides composite materials, products, and services for the aerospace, military, and commercial markets.
– Curtiss-Wright Corp ($NYSE:CW)
Curtiss-Wright Corporation is a diversified company that provides engineered products and services to the aerospace, defense, and energy markets. The company has a market capitalization of $6.17 billion and a return on equity of 12.64%. The company’s products and services include aircraft brakes, control systems, and engines; defense electronics and software; and power generation and distribution equipment. Curtiss-Wright has a long history of innovation and has been involved in some of the most important technological advances of the 20th century. The company was founded in 1929 by Wright Aeronautical Corporation and Curtiss Aeroplane and Motor Company.
Summary
Avery Dennison Corporation’s stock rose on Tuesday, outperforming the market. Analysts suggest that investors remain bullish on the stock due to its strong fundamentals, including a strong balance sheet and an attractive dividend yield. The company’s profitability has been improving lately, with higher sales growth and higher earnings growth achieved in recent quarters.
Additionally, its focus on cost-control and operational efficiency also bodes well for the company’s financial outlook. Overall, Avery Dennison appears to have strong fundamentals and attractive growth prospects, making it an attractive option for long-term investors.
