Comparing Avery Dennison (NYSE:AVY) & IT Tech Packaging Inc (NYSEAMERICAN) (NYSE:ITP)
Avery Dennison (NYSE:AVY) and IT Tech Packaging Inc (NYSEAMERICAN) (NYSE:ITP) are both industrial products companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, earnings, analyst recommendations, dividends, profitability, institutional ownership and valuation.
Institutional and Insider Ownership
88.2% of Avery Dennison shares are held by institutional investors. Comparatively, 1.7% of IT Tech Packaging Inc (NYSEAMERICAN) shares are held by institutional investors. 1.3% of Avery Dennison shares are held by company insiders. Comparatively, 25.4% of IT Tech Packaging Inc (NYSEAMERICAN) shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Avery Dennison has a beta of 1.33, meaning that its share price is 33% more volatile than the S&P 500. Comparatively, IT Tech Packaging Inc (NYSEAMERICAN) has a beta of 0.81, meaning that its share price is 19% less volatile than the S&P 500.
This table compares Avery Dennison and IT Tech Packaging Inc (NYSEAMERICAN)’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|IT Tech Packaging Inc (NYSEAMERICAN)||-8.97%||-5.37%||-4.54%|
This is a breakdown of recent ratings and recommmendations for Avery Dennison and IT Tech Packaging Inc (NYSEAMERICAN), as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|IT Tech Packaging Inc (NYSEAMERICAN)||0||0||0||0||N/A|
Avery Dennison currently has a consensus target price of $118.00, indicating a potential upside of 5.52%. Given Avery Dennison’s higher possible upside, equities analysts plainly believe Avery Dennison is more favorable than IT Tech Packaging Inc (NYSEAMERICAN).
Avery Dennison pays an annual dividend of $2.32 per share and has a dividend yield of 2.1%. IT Tech Packaging Inc (NYSEAMERICAN) does not pay a dividend. Avery Dennison pays out 38.3% of its earnings in the form of a dividend. Avery Dennison has raised its dividend for 8 consecutive years.
Earnings and Valuation
This table compares Avery Dennison and IT Tech Packaging Inc (NYSEAMERICAN)’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Avery Dennison||$7.16 billion||1.32||$467.40 million||$6.06||18.45|
|IT Tech Packaging Inc (NYSEAMERICAN)||$86.75 million||0.20||-$10.55 million||N/A||N/A|
Avery Dennison has higher revenue and earnings than IT Tech Packaging Inc (NYSEAMERICAN).
Avery Dennison beats IT Tech Packaging Inc (NYSEAMERICAN) on 12 of the 14 factors compared between the two stocks.
About Avery Dennison
Avery Dennison Corporation produces and sells pressure-sensitive materials worldwide. The company's Label and Graphic Materials segment offers pressure-sensitive label and packaging materials; and graphics and reflective products under the Fasson, JAC, Avery Dennison, and Mactac brands, as well as durable cast and reflective films. It provides its products to the home and personal care, beer and beverage, durables, pharmaceutical, wine and spirits, and food market segments; architectural, commercial sign, digital printing, and other related market segments; construction, automotive, and fleet transportation market segments, as well as traffic and safety applications; and sign shops, commercial printers, and designers. The company's Retail Branding and Information Solutions segment designs, manufactures, and sells creative services, brand embellishments, graphic tickets, tags and labels, and sustainable packaging solutions; item-level radio-frequency identification solutions; visibility and loss prevention solutions; price ticketing and marking solutions; care, content, and country of origin compliance solutions; and brand protection and security solutions. It serves retailers, brand owners, apparel manufacturers, distributors, and industrial customers. The company's Industrial and Healthcare Materials segment offers tapes and fasteners; medical pressure-sensitive adhesive based materials and products; and performance polymers under the Fasson, Avery Dennison, Vancive, and Yongle brands. It serves the automotive, electronics, building and construction, other industrial, and personal care markets, as well as medical device manufacturers, converters, clinicians, and patients. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. Avery Dennison Corporation was founded in 1935 and is headquartered in Glendale, California.
About IT Tech Packaging Inc (NYSEAMERICAN)
IT Tech Packaging, Inc. produces and distributes paper products primarily in the People's Republic of China. The company offers corrugating medium papers and offset printing papers. It also provides tissue paper products, including toilet papers, boxed and soft-packed tissues, handkerchief tissues, and paper napkins, as well as bathroom and kitchen paper towels under the Dongfang Paper brand name. The company was formerly known as Orient Paper, Inc. and changed its name to IT Tech Packaging, Inc. in August 2018. IT Tech Packaging, Inc. was founded in 1996 and is headquartered in Baoding, the People's' Republic of China.
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