How to Buy Avery Dennison Stock
Avery Dennison Corp
Avery Dennison is a packaging & container company located in California, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker AVY on the NYSE exchange.
Avery Dennison stock last closed at $211.57, up 1.06% from the previous day, and has increased 17.53% in one year. It has overperformed other stocks in the Packaging & Containers industry by 0.1 percentage points. Avery Dennison stock is currently +33.12% from its 52-week low of $158.93, and -6.08% from its 52-week high of $225.26.
There are currently 80.51M shares of AVY outstanding. The market capitalization of AVY is $17.03B. In the last 24 hours, 591,485 AVY shares were traded.
How to Buy Avery Dennison Stock
Wondering how to invest in Avery Dennison stock? Here's how.
- Decide where to buy Avery Dennison stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Avery Dennison stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your method of payment and add your information.
- Analyze Avery Dennison stock: The Avery Dennison ticker symbol is AVY. Is Avery Dennison stock a good investment? Should you buy shares of AVY? How do AVY's underlying business fundamentals look? Do top analysts think Avery Dennison is a good buy? Why has AVY's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if AVY is a good stock to buy).
- Make your AVY purchase: Decide if you will purchase AVY shares at the current market price or use a limit order to purchase AVY stock at a given price.
- Monitor your AVY position: Create a watchlist to the latest updates on your new investment in Avery Dennison stock.
Step 1: Decide where to buy Avery Dennison stock
You will need an online brokerage account to access the NYSE market and buy AVY shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
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- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you can invest in AVY today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've finished signing up on stock market app, your next step is to transfer the money for your investment:
Check out the video below to see the process of transferring money into your investment account.
Step 4: Analyze Avery Dennison stock
Once you have decided on the best place to buy Avery Dennison stock, it's absolutely critical to research their stock prior to buying, so you actually comprehend the risk and upside.
Avery Dennison shares at a glance
Avery Dennison Fundamentals
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on AVY's stock page.
How is AVY stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge AVY's true value.
Using relative valuations ratios:
- AVY may be overvalued based on its P/E ratio of 33.96x, relative to Packaging & Containers industry P/E ratio of 18.92x
- AVY could be overvalued based on its P/B ratio of 8x, relative to Packaging & Containers industry P/B ratio of 2.77x
- AVY may be undervalued based on its PEG ratio of 0.79x
You can do more valuation analysis on AVY's stock here.
AVY Financial Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the AVY balance sheet.
- Total AVY debt is lower than 5 years ago, relative to shareholder equity.
- AVY earnings of $813.70M is not enough to cover its interest payments.
- AVY's operating cash flow of $826.00M allows it to safely service it's debt of $3.24B.
Failed Financial Due Diligence Checks:
- AVY has a relatively high debt to equity ratio of 2.86.
- There are more long-term liabilities than short-term assets on the AVY balance sheet.
- AVY profit margin has gone down from 8.4% to 6% in the past year.
Is it a good time to buy AVY stock, according to Wall Street analysts?
Out of 6 Wall Street analysts who give recommendations on AVY, the consensus analyst rating on AVY is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest AVY Analyst Forecasts
George Staphos, a bottom 13% analyst from Bank of America downgrades AVY to a sell rating and announces their AVY price target of $208.00, on Jan 2, 2024.
You can dig deeper into what analysts are forecasting on the Avery Dennison stock forecast page.
AVY Momentum
AVY Earnings
Last year, AVY earnings were $503.00M. Over the past five year, AVY's earnings have grown by 3.09% per year. This was slower than the Packaging & Containers industry average of 4.3%.
Last year, AVY revenue was $8.36B. Over the past five year, AVY's revenue has increased by 3.16% per year. This was slower than the Packaging & Containers industry average of 3.82%.
Find out more about AVY's earnings and revenue performance here.
Latest Insiders Trades at AVY
In the last 12 months, insiders at AVY have bought more shares than they have sold.
Ryan D. Yost, President Materials Group of AVY, was the latest AVY insider to sell. They sold $298,603.20 worth of AVY shares on Mar 11, 2024.
Dig into more about who owns AVY shares here.
Can I get consistent income from AVY stock?
Avery Dennison pays a dividend of 1.53%, compared to the Packaging & Containers industry's average dividend yield of 2.17%. If you owned $1,000 worth of AVY stock, you would have been paid $15.31 last year.
Avery Dennison dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Avery Dennison dividend yield and history here.
AVY Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your AVY purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Press the Open button and eToro will execute your order.
If you require additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your AVY position
Now that you own some AVY shares, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to monitor your AVY stock.
AVY Feed
How to Buy Stock in Avery Dennison
To reiterate, here are the 6 steps for buying Avery Dennison stock:
- Decide where to buy Avery Dennison stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Avery Dennison stock
- Make your AVY purchase
- Monitor your AVY position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Avery Dennison, click the button below.
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