AVY vs. IEX, PKG, GGG, NDSN, CNHI, SWK, ZBRA, LECO, BALL, and PNR
Should you be buying Avery Dennison stock or one of its competitors? The main competitors of Avery Dennison include IDEX (IEX), Packaging Co. of America (PKG), Graco (GGG), Nordson (NDSN), CNH Industrial (CNHI), Stanley Black & Decker (SWK), Zebra Technologies (ZBRA), Lincoln Electric (LECO), Ball (BALL), and Pentair (PNR). 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 companies based on the strength of their valuation, community ranking, dividends, risk, media sentiment, institutional ownership, earnings, profitability and analyst recommendations.
IDEX pays an annual dividend of $2.56 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 1.5%. IDEX pays out 33.7% 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 raised its dividend for 14 consecutive years and Avery Dennison has raised its dividend for 13 consecutive years.
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 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.
IDEX presently has a consensus target price of $241.67, suggesting a potential upside of 9.52%. Avery Dennison has a consensus target price of $224.00, suggesting a potential upside of 2.27%. Given Avery Dennison's stronger consensus rating and higher probable upside, equities analysts plainly believe IDEX is more favorable than Avery Dennison.
IDEX received 47 more outperform votes than Avery Dennison when rated by MarketBeat users. Likewise, 58.49% of users gave IDEX an outperform vote while only 57.24% of users gave Avery Dennison an outperform vote.
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 company insiders. Comparatively, 1.1% of Avery Dennison shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
In the previous week, Avery Dennison had 3 more articles in the media than IDEX. MarketBeat recorded 40 mentions for Avery Dennison and 37 mentions for IDEX. IDEX's average media sentiment score of 0.57 beat Avery Dennison's score of 0.46 indicating that Avery Dennison is being referred to more favorably in the news media.
IDEX has a beta of 0.97, indicating that its share price is 3% less volatile than the S&P 500. Comparatively, Avery Dennison has a beta of 0.9, indicating that its share price is 10% less volatile than the S&P 500.
Summary
IDEX beats Avery Dennison on 13 of the 21 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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