AVY official logo AVY
AVY 1-star rating from Upturn Advisory
Avery Dennison Corp (AVY) company logo

Avery Dennison Corp (AVY)

Avery Dennison Corp (AVY) 1-star rating from Upturn Advisory
$188.4
Last Close (24-hour delay)
Profit since last BUY4.32%
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BUY since 53 days
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Upturn Advisory Summary

01/09/2026: AVY (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

3 star rating from financial analysts

15 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $206.8

1 Year Target Price $206.8

Analysts Price Target For last 52 week
$206.8 Target price
52w Low $154.46
Current$188.4
52w High $192.29

Analysis of Past Performance

Type Stock
Historic Profit -2.23%
Avg. Invested days 49
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 01/09/2026

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 14.38B USD
Price to earnings Ratio 21.11
1Y Target Price 206.8
Price to earnings Ratio 21.11
1Y Target Price 206.8
Volume (30-day avg) 15
Beta 1.01
52 Weeks Range 154.46 - 192.29
Updated Date 01/8/2026
52 Weeks Range 154.46 - 192.29
Updated Date 01/8/2026
Dividends yield (FY) 2.02%
Basic EPS (TTM) 8.81

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 7.93%
Operating Margin (TTM) 12.69%

Management Effectiveness

Return on Assets (TTM) 8.29%
Return on Equity (TTM) 30.21%

Valuation

Trailing PE 21.11
Forward PE 17.12
Enterprise Value 17198937478
Price to Sales(TTM) 1.64
Enterprise Value 17198937478
Price to Sales(TTM) 1.64
Enterprise Value to Revenue 1.96
Enterprise Value to EBITDA 12.22
Shares Outstanding 77295394
Shares Floating 76610557
Shares Outstanding 77295394
Shares Floating 76610557
Percent Insiders 0.82
Percent Institutions 96.47

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Avery Dennison Corp

Avery Dennison Corp(AVY) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Avery Dennison Corporation was founded in 1935 by R. Stanton Avery. Initially known as Avery Adhesives, it revolutionized the label industry with the invention of the self-adhesive label. Over the decades, the company has expanded its product portfolio and global reach through organic growth and strategic acquisitions. Key milestones include the development of the Avery self-adhesive label, expansion into international markets, and diversification into performance tapes and specialty materials.

Company business area logo Core Business Areas

  • Materials Group: This segment is the largest and is focused on the production and sale of pressure-sensitive adhesive materials used for a wide range of labeling and branding applications. This includes materials for durable goods, graphics, packaging, and more.
  • Solutions Group: This segment provides a range of products and solutions that enhance brand image and product performance. It includes labeling and packaging materials, retail branding and information solutions, and graphics solutions.

leadership logo Leadership and Structure

Avery Dennison is led by a corporate executive team, including a Chairman and CEO, and divisional presidents. The company operates with a global matrix structure, allowing for regional and functional oversight, with a focus on sustainability and innovation across its operations.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Pressure-Sensitive Materials: Avery Dennison is a global leader in the production of pressure-sensitive materials used for labels, graphics, and packaging. The company holds a significant market share in this segment, estimated to be around 25%. Key competitors include 3M, UPM Specialty Papers, and Ahlstrom-Munksju00f6.
  • Retail Branding and Information Solutions: This includes a variety of products for the retail sector, such as RFID tags, ticketing, barcoding, and security solutions. While specific market share data for this niche is proprietary, Avery Dennison is a major player. Competitors include Zebra Technologies and SATO.
  • Performance Tapes and Adhesives: Specialty tapes and adhesives for industrial, automotive, and electronic applications. This segment competes with companies like 3M and Nitto Denko.

Market Dynamics

industry overview logo Industry Overview

Avery Dennison operates in the global materials science and specialty label industries. These industries are characterized by innovation, sustainability trends, and demand for customization. Key drivers include growth in e-commerce, increasing regulatory requirements for product labeling, and the demand for sustainable packaging solutions.

Positioning

Avery Dennison is a global leader in its core markets, leveraging its extensive product portfolio, strong brand recognition, and global manufacturing and distribution network. Its competitive advantages lie in its innovation capabilities, scale of operations, and commitment to sustainability.

Total Addressable Market (TAM)

The global label and packaging materials market is substantial, with estimates for the total addressable market (TAM) reaching hundreds of billions of dollars annually. Avery Dennison is a significant player within this TAM, holding a leading position in pressure-sensitive materials and a strong presence in specialty solutions.

Upturn SWOT Analysis

Strengths

  • Global leadership in pressure-sensitive materials
  • Strong brand recognition and reputation
  • Extensive global manufacturing and distribution network
  • Commitment to innovation and R&D
  • Focus on sustainability and ESG initiatives

Weaknesses

  • Exposure to raw material price volatility
  • Dependence on key end markets (e.g., retail, packaging)
  • Competition from larger diversified players

Opportunities

  • Growth in e-commerce driving demand for labeling and packaging
  • Increasing adoption of RFID technology
  • Expansion into emerging markets
  • Demand for sustainable and recyclable materials
  • Strategic acquisitions to expand capabilities

Threats

  • Economic downturns impacting consumer spending and industrial production
  • Intensifying competition and pricing pressures
  • Supply chain disruptions
  • Changes in consumer preferences and regulatory environments

Competitors and Market Share

Key competitor logo Key Competitors

  • 3M Company (MMM)
  • UPM-Kymmene Oyj (UPM.HE)
  • Ahlstrom-Munksju00f6 Oyj (ATT.HE)

Competitive Landscape

Avery Dennison holds a leading position due to its scale, product breadth, and innovation. Its strengths include its established customer relationships and global reach. However, it faces competition from diversified players like 3M and specialized material producers. Pricing and the ability to innovate in sustainable materials are critical competitive factors.

Major Acquisitions

Acquisition of Lion Labels

  • Year: 2023
  • Acquisition Price (USD millions):
  • Strategic Rationale: Strengthens Avery Dennison's position in the wine and spirits labeling market in Europe.

Acquisition of M&M Label Company

  • Year: 2022
  • Acquisition Price (USD millions):
  • Strategic Rationale: Expands Avery Dennison's label converting capabilities in North America.

Growth Trajectory and Initiatives

Historical Growth: Avery Dennison has achieved consistent historical growth driven by its leadership position in its core markets, strategic acquisitions, and expansion into new product areas and geographies.

Future Projections: Analyst estimates generally project continued moderate to strong growth for Avery Dennison, driven by its innovation pipeline, market leadership, and expansion in sustainable solutions and emerging technologies like RFID. Projections for future revenue and EPS growth would be included.

Recent Initiatives: Recent strategic initiatives have focused on enhancing sustainability, digital transformation, and expanding into high-growth application areas such as e-commerce packaging and advanced materials for electronics and automotive sectors. Investment in R&D for new adhesive technologies and smart labeling solutions is also a priority.

Summary

Avery Dennison Corp is a robust company with a dominant position in the pressure-sensitive materials market, underpinned by strong innovation and a global presence. Its strategic focus on sustainability and emerging technologies like RFID positions it well for future growth. While exposed to raw material cost volatility and competitive pressures, its diversified product portfolio and consistent shareholder returns make it a stable investment. The company needs to continually adapt to evolving sustainability demands and maintain its technological edge.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Avery Dennison Investor Relations
  • Company Annual Reports (10-K filings)
  • Financial News Outlets (e.g., Wall Street Journal, Bloomberg)
  • Market Research Reports (e.g., Mordor Intelligence, Statista)

Disclaimers:

This analysis is based on publicly available information and is intended for informational purposes only. It does not constitute financial advice. Market share data is estimated and can vary by source and specific market segment. Financial figures and projections are subject to change and market volatility. Investors should conduct their own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About Avery Dennison Corp

Exchange NYSE
Headquaters Mentor, OH, United States
IPO Launch date 1983-12-29
President, CEO & Director Mr. Deon M. Stander
Sector Consumer Cyclical
Industry Packaging & Containers
Full time employees 35000
Full time employees 35000

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 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 used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, and Avery Dennison brands. The company also offers 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 a range of 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 provides branding solutions, which include brand embellishments, graphic tickets, tags, labels, and sustainable packaging; and information solutions, such as item-level RFID, visibility and loss prevention, price ticketing and marking, productivity and media, and brand protection and security solutions, 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. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.