AVY vs. IEX, ZBRA, PKG, TS, NDSN, AMCR, HUBB, BALL, CNHI, and SWK
Should you be buying Avery Dennison stock or one of its competitors? The main competitors of Avery Dennison include IDEX (IEX), Zebra Technologies (ZBRA), Packaging Co. of America (PKG), Tenaris (TS), Nordson (NDSN), Amcor (AMCR), Hubbell (HUBB), Ball (BALL), CNH Industrial (CNHI), and Stanley Black & Decker (SWK). These companies are all part of the "industrial products" sector.
IDEX (NYSE:IEX) and Avery Dennison (NYSE:AVY) are both large-cap industrial products companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, earnings, institutional ownership, profitability, dividends, community ranking, media sentiment, valuation and risk.
IDEX has a beta of 0.99, suggesting that its share price is 1% less volatile than the S&P 500. Comparatively, Avery Dennison has a beta of 0.91, suggesting that its share price is 9% less volatile than the S&P 500.
IDEX received 47 more outperform votes than Avery Dennison when rated by MarketBeat users. Likewise, 58.40% of users gave IDEX an outperform vote while only 57.30% of users gave Avery Dennison an outperform vote.
IDEX has higher earnings, but lower revenue than Avery Dennison. IDEX is trading at a lower price-to-earnings ratio than Avery Dennison, indicating that it is currently the more affordable of the two stocks.
IDEX presently has a consensus price target of $250.71, indicating a potential upside of 12.81%. Avery Dennison has a consensus price target of $228.50, indicating a potential upside of 0.97%. Given Avery Dennison's stronger consensus rating and higher possible upside, equities research analysts clearly believe IDEX is more favorable than Avery Dennison.
IDEX has a net margin of 17.89% compared to IDEX's net margin of 6.56%. IDEX's return on equity of 32.59% beat Avery Dennison's return on equity.
In the previous week, IDEX and IDEX both had 17 articles in the media. IDEX's average media sentiment score of 0.64 beat Avery Dennison's score of 0.49 indicating that Avery Dennison is being referred to more favorably in the news media.
98.0% of IDEX shares are held by institutional investors. Comparatively, 94.2% of Avery Dennison shares are held by institutional investors. 0.5% of IDEX shares are held by insiders. Comparatively, 1.1% of Avery Dennison shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
IDEX pays an annual dividend of $2.76 per share and has a dividend yield of 1.2%. Avery Dennison pays an annual dividend of $3.24 per share and has a dividend yield of 1.4%. IDEX pays out 36.3% of its earnings in the form of a dividend. Avery Dennison pays out 47.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. IDEX has increased its dividend for 14 consecutive years and Avery Dennison has increased its dividend for 14 consecutive years.
Summary
IDEX beats Avery Dennison on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AVY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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