Avery Dennison (AVY) to Release Quarterly Earnings on Tuesday

Avery Dennison (NYSE:AVYGet Free Report) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Tuesday, July 22nd. Analysts expect the company to announce earnings of $2.39 per share and revenue of $2.23 billion for the quarter. Avery Dennison has set its Q2 2025 guidance at 2.300-2.500 EPS.

Avery Dennison (NYSE:AVYGet Free Report) last released its earnings results on Wednesday, April 23rd. The industrial products company reported $2.30 earnings per share for the quarter, missing analysts’ consensus estimates of $2.32 by ($0.02). The business had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.15 billion. Avery Dennison had a net margin of 7.98% and a return on equity of 33.11%. The firm’s revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the business posted $2.29 EPS. On average, analysts expect Avery Dennison to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Avery Dennison Stock Down 0.9%

Avery Dennison stock opened at $180.56 on Tuesday. The company has a market cap of $14.12 billion, a P/E ratio of 20.80, a price-to-earnings-growth ratio of 2.56 and a beta of 0.87. Avery Dennison has a 1-year low of $157.00 and a 1-year high of $233.48. The company has a fifty day simple moving average of $178.84 and a 200 day simple moving average of $179.72. The company has a current ratio of 1.03, a quick ratio of 0.68 and a debt-to-equity ratio of 1.19.

Avery Dennison Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th were paid a $0.94 dividend. The ex-dividend date was Wednesday, June 4th. This represents a $3.76 dividend on an annualized basis and a yield of 2.08%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.88. Avery Dennison’s dividend payout ratio (DPR) is currently 43.32%.

Hedge Funds Weigh In On Avery Dennison

Hedge funds have recently bought and sold shares of the business. Focus Partners Wealth increased its holdings in Avery Dennison by 7.6% in the 1st quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock valued at $697,000 after buying an additional 278 shares during the period. Empowered Funds LLC increased its holdings in Avery Dennison by 6.4% in the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock valued at $2,409,000 after buying an additional 819 shares during the period. Finally, Intech Investment Management LLC bought a new position in Avery Dennison in the 1st quarter valued at about $1,209,000. 94.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on AVY shares. UBS Group cut their price target on shares of Avery Dennison from $207.00 to $189.00 and set a “neutral” rating for the company in a research note on Monday, April 7th. BMO Capital Markets cut their price target on shares of Avery Dennison from $226.00 to $216.00 and set an “outperform” rating for the company in a research note on Friday, April 25th. Bank of America increased their price target on shares of Avery Dennison from $195.00 to $208.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. Robert W. Baird cut their price target on shares of Avery Dennison from $220.00 to $210.00 and set an “outperform” rating for the company in a research note on Thursday, April 24th. Finally, JPMorgan Chase & Co. cut shares of Avery Dennison from an “overweight” rating to a “neutral” rating and cut their price target for the company from $205.00 to $172.00 in a research note on Thursday, April 24th. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $196.90.

Check Out Our Latest Stock Analysis on Avery Dennison

About Avery Dennison

(Get Free Report)

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.

Further Reading

Earnings History for Avery Dennison (NYSE:AVY)

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