Avery Dennison Corporation (AVY) exhibits a positive daily performance, with the price at $168.98, marking a $4 increase and a 2.42% rise from the previous close at $164.98. Trading volume stands at $336,571, 51.8% above the average.
In the latest quarterly earnings released on Monday, April 27th, AVY surpassed expectations with an EPS of 2.41.
AVY offers a forward dividend yield of 2.23% and a dividend per share MRQ of 94 cents, showing a year-over-year growth of 7.2464 cents. The TTM dividend per share is $3.76.
The company reported a free cash flow of $309.7 million, with notable activities including debt repayment of $60.9 million and net cash decrease of $331.6 million.
AVY generated revenue of $2.27 billion with a gross profit of $650.7 million. Operating income reached $281.5 million, resulting in a net income of $166.4 million and an EPS of $2.15.
Key ratios include a net profit margin of 7.33%, return on equity at 7.42%, and a price-to-earnings ratio of 21.15.
The balance sheet reveals total assets of $8.80 billion, total liabilities of $6.56 billion, and a net debt of $3.53 billion.
This comprehensive overview showcases AVY's strong performance and financial stability in the current market session.
Avery Dennison Corporation manufactures and markets pressure-sensitive materials and products 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; radio-frequency identification products; 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.