Home News Technicals and Fundamentals Avery Dennison Corporation (NYSE: AVY)

Technicals and Fundamentals Avery Dennison Corporation (NYSE: AVY)

18
0
SHARE

Avery Dennison Corporation (AVY) trades as part of the Industrials sector and is in the Industrial Products industry. The company CEO is Mitchell R. ButierAvery Dennison Corp is a manufacturer of miscellaneous business equipment. It is engaged in the production of pressure-sensitive materials, office products and a variety of tickets, tags, labels and other converted products.

Previous Intraday Trading Performance:

The Industrial Products company showed a previous change of -0.14% with an open at 105.77 and a close of 105.50. It reached an intraday high of 106.25 and a low of 105.08.

Liquidity:

The stock has a market cap of $9.3b with 88.0m shares outstanding, of which the float is 87.1mshares. Trading volume reached 389,644 shares compared to its average volume of 746,182 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Avery Dennison Corporation shares returned 1.30% and in the past 30 trading days it returned 1.01%. Over three months, it changed -4.38%. In one year it has changed 28.25% and within that year its 52-week high was 123.67 and its 52-week low was 81.84AVY stock is 28.91% above its 52 Week Low.

Our calculations show a 200 day moving average of 106.15 and a 50 day moving average of 108.60. Currently AVY stock is trading -0.62below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

Earnings:

The last annual fiscal EPS for the company was reported at 3.13 that ended on December 31, 2017, which according to the previous close, that is a PE of 33.71. Based on 4 analyst estimates, the consensus EPS for the next quarter is 1.34. The TTM EPS is 5.34, which comes to a TTM PE of 19.76Historically, the PE high was 33.71 and the PE low was 19.50. If the stock reached its PE low, that would represent a price of 104.11, which is a decrease of -1.32%.

The following are the last four quarter reported earnings per share:
Mar 31, 2018:  1.44
Dec 31, 2017:  1.33
Sep 30, 2017:  1.26
Jun 30, 2017:  1.31

The dividend per share is currently 2.08, which is a dividend yield of 1.97%.

Indicators to Watch:

Based on the latest filings, there is 90.40% of institutional ownership.

Short-interest is 1,672,346, which is 1.90% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.01This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.26.

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 26.04%, return on assets is 5.46%, profit margin is 4.24%, price-to-sales is 1.36 and price-to-book is 8.53.

More News:

SeekingAlpha:  36 Dividend Increases: April 23-27, 2018 (Part 3: Remaining Sectors)
SeekingAlpha:  Avery Dennison declares $0.52 dividend
Business Wire:  Avery Dennison Increases Quarterly Dividend

SHARE
The founder of Trading News Now (TNN) and contributor to the stock market trading community. Graduated from Brigham Young University - Idaho with a degree in financial economics. Aside from his extensive knowledge in fundamental analysis of publicly traded companies, other interests include programming and financial modeling.

LEAVE A REPLY

Please enter your comment!
Please enter your name here