Avery Earning Before Interest and Taxes EBIT from 2010 to 2024
| AVY Stock | USD 209.35 0.43 0.21% |
Check Avery Dennison financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avery main balance sheet or income statement drivers, such as Depreciation And Amortization of 178.7 M, Interest Expense of 125 M or Selling General Administrative of 995.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0277 or PTB Ratio of 3.62. Avery financial statements analysis is a perfect complement when working with Avery Dennison Valuation or Volatility modules.
Avery | Earning Before Interest and Taxes EBIT |
About Avery Dennison Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Avery Dennison income statement, its balance sheet, and the statement of cash flows. Avery Dennison investors use historical funamental indicators, such as Avery Dennison's Earning Before Interest and Taxes EBIT, to determine how well the company is positioned to perform in the future. Although Avery Dennison investors may use each financial statement separately, they are all related. The changes in Avery Dennison's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avery Dennison's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Avery Dennison Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Avery Dennison. Please read more on our technical analysis and fundamental analysis pages.
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 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
| 0.61 | GEF | Greif Bros Financial Report 5th of June 2024 | PairCorr |
Moving against Avery Stock
| 0.74 | DSHK | Drive Shack | PairCorr |
| 0.62 | CCK | Crown Holdings Financial Report 22nd of April 2024 | PairCorr |
| 0.61 | BERY | Berry Global Group Financial Report 2nd of May 2024 | PairCorr |
| 0.59 | AMBP | Ardagh Metal Packaging Earnings Call This Week | PairCorr |
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.Check out the analysis of Avery Dennison Correlation against competitors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Avery Stock analysis
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 6.2 | 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.