AllAnalyst Report
logoMorningstarNovember 05, 2020

Avery Dennison Corporation: Avery Dennison on Track to Best 2019 Earnings Despite Coronavirus Challenges

Symbols
AVY
Sector(s)
Industrials
Rating
Current Price
$211.09
Fair Value
Economic Moat
Stewardship
Summary

Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.

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Analyst Profile

Charles Gross

Equity Analyst
Charles Gross is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers paper and packaging companies. Gross was previously a data analyst at Morningstar.Before joining Morningstar in 2013, he was a CME Group Fellow for the Margolis Market Information Laboratory.Gross holds a bachelor’s degree in economics from the University of Illinois. He is a Level III candidate in the Chartered Financial Analyst® program.