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Is this Large Market Cap Stock target price reasonable for Avery Dennison Corporation (NYSE:AVY)?

The company in question is, Avery Dennison Corporation (NYSE:AVY) currently with a stock price of 76.73 (1.33% today). The market cap for Avery Dennison Corporation is 6798.9, and is in the sector Consumer Goods, and Business Equipment industry. The target price for Avery Dennison Corporation is 86. Currently Avery Dennison Corporation is trading with a P/E of 22.63, and a forward P/E of 17.46. Average volume for Avery Dennison Corporation is 585.38 and so far today it is 126795.

Performance in the last year for Avery Dennison Corporation has been 32.03%. For EPS growth, Avery Dennison Corporation has seen a growth of 14.30%, and is looking to grow in the next year to 10.21%. More long term stats show that EPS growth has been 5.50% over the last five years and could be 11.03% for the next five years. Avery Dennison Corporation has seen sales growth quarter over quarter at 1.70%, with EPS growth quarter over quarter at 27.60%. The 20-day simple moving average is -0.56%, with the 200-day simple moving average coming to 7.43%.

Since the IPO date for Avery Dennison Corporation on the 12/29/1983, Avery Dennison Corporation has seen performance year to date to be 22.84%. With Avery Dennison Corporation trading at 76.73, the dividend yield is 2.17%, and the EPS is 3.35.

So could Avery Dennison Corporation, be undervalued? Well as said before P/E is 22.63. The PEG is 2.05, P/S is 1.14 and the P/B is at 7.05. The P/cash is 31.46, with P/free cash flow at 30.45.

Avery Dennison Corporation ability to deal with debt shows that the current ratio is 1.2, and the quick ratio is 0.9. This is with long term debt/equity at 1.01, and total debt/equity at 1.21.

In terms of margins, Avery Dennison Corporation has a gross margin of 27.80%, an operating margin of 7.20% and a profit margin of 5.20%.Payout ratio for Avery Dennison Corporation is 44.40%. Return on assets come to 7.30% with return on investment coming to 13.60%.

Insider ownership for Avery Dennison Corporation, is at 0.40% and institutional ownership comes to 92.50%. Outstanding shares are at 89.79. While shares float is 88.39. The float short is currently 4.55%, and short ratio is 6.87.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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