CCL Industries (OTCMKTS:CCDBF – Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04, Zacks reports. CCL Industries had a net margin of 10.27% and a return on equity of 14.75%.
CCL Industries Price Performance
OTCMKTS:CCDBF traded up $0.18 during trading hours on Tuesday, reaching $70.60. 27,148 shares of the company were exchanged, compared to its average volume of 18,575. The business has a 50 day moving average of $67.96 and a 200 day moving average of $64.88. CCL Industries has a 1-year low of $50.95 and a 1-year high of $75.17. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.39 and a quick ratio of 1.01. The company has a market capitalization of $10.94 billion and a P/E ratio of 27.26.
Wall Street Analyst Weigh In
A number of research analysts recently commented on CCDBF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of CCL Industries in a research note on Tuesday, October 27th. Royal Bank Of Canada restated an “outperform” rating on shares of CCL Industries in a research report on Friday, August 14th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
View Our Latest Stock Report on CCDBF
About CCL Industries
CCL Industries is a Canadian company that develops and manufactures specialty labels, packaging materials and related products for customers across a range of industries. Its offerings include pressure-sensitive labels, shrink sleeves, in-mold labels, tags and RFID-enabled solutions used to identify, decorate and track products. The company also makes specialty films and materials, and provides consumer and retail products such as labels and office supplies through its Avery business. Its Checkpoint operations offer loss-prevention and inventory-management solutions for retailers.
Read More
- Five stocks we like better than CCL Industries
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for CCL Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CCL Industries and related companies with MarketBeat.com's FREE daily email newsletter.
