Last $49.24 USD
Change Today -1.66 / -3.26%
Volume 1.6M
AVY On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

avery dennison corp (AVY) Snapshot

Open
$51.02
Previous Close
$50.90
Day High
$51.16
Day Low
$48.98
52 Week High
04/4/14 - $52.24
52 Week Low
10/8/13 - $42.01
Market Cap
4.7B
Average Volume 10 Days
703.7K
EPS TTM
$2.75
Shares Outstanding
95.2M
EX-Date
08/29/14
P/E TM
17.9x
Dividend
$1.40
Dividend Yield
2.48%
Current Stock Chart for AVERY DENNISON CORP (AVY)

avery dennison corp (AVY) Related Businessweek News

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avery dennison corp (AVY) Details

Avery Dennison Corporation produces and sells pressure-sensitive materials worldwide. It operates through Pressure-Sensitive Materials, and Retail Branding and Information Solutions segments. The Pressure-sensitive Materials segment offers pressure-sensitive label and packaging materials, graphics and graphic films, reflective products, tapes, and performance polymers. This segment markets its products under the Fasson, JAC, and Avery Dennison brands to label printers and converters for labeling, decorating, fastening, and electronic data processing applications in the home and personal care, beer and beverage, durables, pharmaceutical, wine and spirits, and food market industries. The Retail Branding and Information Solutions segment provides branding and information solutions include creative services, brand embellishments, graphic tickets, tags, labels, and sustainable packaging solutions; and information solutions, such as price ticketing and marking, brand protection, security solutions, and compliance solutions, as well as radio-frequency identification-enabled inventory accuracy, visibility, and loss prevention solutions. This segment serves retailers, brand owners, apparel manufacturers, distributors, and industrial customers. The company also offers pressure-sensitive adhesive products for surgical, wound care, ostomy, and electromedical applications to medical supply and device manufacturers, and healthcare providers. 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.

26,000 Employees
Last Reported Date: 07/25/14
Founded in 1935

avery dennison corp (AVY) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.1M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $571.3K
President of Materials Group
Total Annual Compensation: $608.4K
President of Retail Branding & Information So...
Total Annual Compensation: $555.8K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $487.8K
Compensation as of Fiscal Year 2013.

avery dennison corp (AVY) Key Developments

Avery Dennison Corporation Announces Preliminary Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Year 2014

Avery Dennison Corporation announced preliminary unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, on GAAP basis, the company reported net sales of $1,615.8 million compared to $1,552.3 million a year ago. Income from continuing operations before taxes was $77.1 million compared to $109.5 million a year ago. Income from continuing operations was $44.4 million or $0.46 diluted per share compared to $70.8 million or $0.70 diluted per share a year ago. Net income was $42.5 million or $0.44 diluted per share compared to $68.8 million or $0.68 diluted per share a year ago. Adjusted operating income from continuing operations before interest expense and taxes (non-GAAP) was $131.2 million against $124.0 million a year ago. Adjusted non-GAAP net income from continuing operations was $77.5 million or $0.80 diluted per share against $71.8 million or $0.71 diluted per share a year ago. Free cash flow from continuing operations was roughly $100 million in the quarter, $20 million more than last year due to the improved operating results and the sale of assets, including the company’s corporate headquarters building in Pasadena. For the six months period, on GAAP basis, the company reported net sales of $3,165.9 million compared to $3,051.2 million a year ago. Income from continuing operations before taxes was $164.9 million compared to $190.6 million a year ago. Income from continuing operations was $116.0 million or $1.19 diluted per share compared to $137.6 million or $0.36 diluted per share a year ago. Net income was $113.7 million or $1.17 diluted per share compared to $126.6 million or $1.25 diluted per share a year ago. Net cash provided by operating activities was $9.8 million compared to $46.7 million a year ago. Purchases of property, plant and equipment was $67.5 million compared to $49.9 million a year ago. Adjusted operating income from continuing operations before interest expense and taxes (non-GAAP) was $241.7 million against $224.8 million a year ago. Adjusted non-GAAP net income from continuing operations was $141.2 million or $1.45 diluted per share against $131.5 million or $1.30 diluted per share a year ago. The company expects 2014 earnings per share from continuing operations of $2.65 to $2.75. Excluding an estimated $0.35 per share for restructuring costs and other items, the company expects adjusted (non-GAAP) earnings per share from continuing operations of $3.00 to $3.10. The company continue to anticipate the full year tax rate to be comparable to last year. The company expects to deliver free cash flow of approximately $300 million in 2014 versus its previous guidance, which had a floor of $300 million for the year.

Avery Dennison Corporation to Report Q2, 2014 Results on Jul 25, 2014

Avery Dennison Corporation announced that they will report Q2, 2014 results at 8:30 AM, US Eastern Standard Time on Jul 25, 2014

Avery Dennison Corporation, Q2 2014 Earnings Call, Jul 25, 2014

Avery Dennison Corporation, Q2 2014 Earnings Call, Jul 25, 2014

 

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AVY

Industry Average

Valuation AVY Industry Range
Price/Earnings 19.6x
Price/Sales 0.8x
Price/Book 3.2x
Price/Cash Flow 20.5x
TEV/Sales 0.5x
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