Gregory Lovins - Avery Dennison Chief Financial Officer, Senior Vice President

AVY Stock  USD 224.24  4.83  2.20%   

President

Mr. Gregory S. Lovins is the Chief Financial Officer, Senior Vice President of the Company. Mr. Lovins has served as the Companys Vice President and Interim Chief Financial Officer since March 20, 2017 and as Treasurer since August 2016. He previously served as Vice President, Global Finance, Materials Group, from January 2011 to August 2016. Prior to 2011, Mr. Lovins held several other leadership roles in positions of increasing responsibility across the Company. Mr. Lovins will be responsible for leading financial operations across Avery Dennison, and will also oversee the companys information technology group since 2017.
Age 51
Tenure 7 years
Professional MarksMBA
Address 8080 Norton Parkway, Mentor, OH, United States, 44060
Phone440 534 6000
Webhttps://www.averydennison.com
Lovins earned an MBA from the Weatherhead School of Management at Case Western Reserve University and a BS in Finance from Miami University.

Avery Dennison Management Efficiency

The company has Return on Asset of 0.077 % which means that on every $100 spent on assets, it made $0.077 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2418 %, implying that it generated $0.2418 on every 100 dollars invested. Avery Dennison's management efficiency ratios could be used to measure how well Avery Dennison manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to rise to 0.35 in 2024, whereas Return On Capital Employed is likely to drop 0.14 in 2024. At this time, Avery Dennison's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 850.1 M in 2024, whereas Total Assets are likely to drop slightly above 4.1 B in 2024.
The company has 3.24 B in debt with debt to equity (D/E) ratio of 1.56, which is OK given its current industry classification. Avery Dennison Corp has a current ratio of 0.99, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avery Dennison until it has trouble settling it off, either with new capital or with free cash flow. So, Avery Dennison's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avery Dennison Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avery to invest in growth at high rates of return. When we think about Avery Dennison's use of debt, we should always consider it together with cash and equity.

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Avery Dennison Corporation manufactures and markets pressure-sensitive materials and products in the United States, Europe, Asia, Latin America, and internationally. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio. Avery Dennison operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. It employs 35570 people. Avery Dennison Corp (AVY) is traded on New York Stock Exchange in USA. It is located in 8080 Norton Parkway, Mentor, OH, United States, 44060 and employs 35,000 people. Avery Dennison is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification.

Management Performance

Avery Dennison Corp Leadership Team

Elected by the shareholders, the Avery Dennison's board of directors comprises two types of representatives: Avery Dennison inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avery. The board's role is to monitor Avery Dennison's management team and ensure that shareholders' interests are well served. Avery Dennison's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avery Dennison's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Eble, Vice Relations
Andres Lopez, Independent Director
Hassan Rmaile, Global EMENA
Divina Santiago, Controller VP
Peter Barker, Independent Director
Jeroen Diderich, Senior America
Anthony Anderson, Independent Director
Nicholas Colisto, Chief Information Officer, Vice President
Ken Hicks, Independent Director
Lori Bondar, Vice President, Chief Accounting Officer, Treasurer, Controller
Pascale Wautelet, Sustainability RD
Steve Flannery, Senior EMENA
Georges Gravanis, President - Label and Graphic Materials
Francisco Melo, President Group
Susan Miller, Senior Vice President, General Counsel, Secretary
Deena BakerNel, Chief Human Resource Officer, Vice President
Michael Johansen, Vice President General Manager - Industrial and Health Care Materials
Dean Scarborough, Chairman and CEO
Mitchell Butier, Chairman of the Board, President, Chief Executive Officer
Patrick Siewert, Lead Independent Director
Anne Bramman, CFO and Sr. VP
Danny Allouche, Senior Officer
Cynthia Guenther, VP Relations
Ignacio Walker, Vice President Chief Legal Officer
Anil Sharma, Senior Pacific
Michael Barton, Solution Solutions
Anne Hill, Senior Vice President, Chief Human Resources Officer
Gregory Lovins, Chief Financial Officer, Senior Vice President
Deon Stander, Vice President General Manager - Retail Branding and Information Solutions ("RBIS")
Bradley Alford, Independent Director
Julia Stewart, Independent Director
Daniel OBryant, Executive Development
Mark Barrenechea, Independent Director
David Pyott, Lead Independent Director
Martha Sullivan, Independent Director

Avery Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Avery Dennison a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Avery Dennison Investors Sentiment

The influence of Avery Dennison's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Avery. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Avery Dennison's public news can be used to forecast risks associated with an investment in Avery. The trend in average sentiment can be used to explain how an investor holding Avery can time the market purely based on public headlines and social activities around Avery Dennison Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Avery Dennison's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Avery Dennison's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Avery Dennison's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Avery Dennison.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avery Dennison in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avery Dennison's short interest history, or implied volatility extrapolated from Avery Dennison options trading.

Pair Trading with Avery Dennison

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avery Dennison position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avery Dennison will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avery Stock

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The ability to find closely correlated positions to Avery Dennison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avery Dennison when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avery Dennison - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avery Dennison Corp to buy it.
The correlation of Avery Dennison is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avery Dennison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avery Dennison Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avery Dennison can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Avery Dennison Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avery Dennison's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avery Dennison Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avery Dennison Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avery Dennison Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
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When running Avery Dennison's price analysis, check to measure Avery Dennison's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avery Dennison is operating at the current time. Most of Avery Dennison's value examination focuses on studying past and present price action to predict the probability of Avery Dennison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avery Dennison's price. Additionally, you may evaluate how the addition of Avery Dennison to your portfolios can decrease your overall portfolio volatility.
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Is Avery Dennison's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avery Dennison. If investors know Avery will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avery Dennison listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.176
Dividend Share
3.18
Earnings Share
6.19
Revenue Per Share
103.647
Quarterly Revenue Growth
0.042
The market value of Avery Dennison Corp is measured differently than its book value, which is the value of Avery that is recorded on the company's balance sheet. Investors also form their own opinion of Avery Dennison's value that differs from its market value or its book value, called intrinsic value, which is Avery Dennison's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avery Dennison's market value can be influenced by many factors that don't directly affect Avery Dennison's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avery Dennison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avery Dennison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avery Dennison's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.