CCL Industries (CCDBF) Set to Post Quarterly Earnings on Tuesday

CCL Industries (OTCMKTS:CCDBF) is anticipated to announce its resultson Tuesday, November 10th. Analysts expect the company to post earnings of $0.9270 per share and revenue of $1.48 billion for the quarter.

CCL Industries Trading Down 0.7%

Shares of CCL Industries stock traded down $0.48 on Tuesday, hitting $71.05. The stock had a trading volume of 571 shares, compared to its average volume of 18,216. The stock has a 50 day moving average of $67.55 and a 200 day moving average of $64.66. The firm has a market capitalization of $11.14 billion and a P/E ratio of 27.43. CCL Industries has a twelve month low of $50.95 and a twelve month high of $75.17. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.01 and a current ratio of 1.39.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of CCL Industries in a research report 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 investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, CCL Industries has a consensus rating of “Moderate Buy”.

CCL Industries Company Profile

CCL Industries Inc is a Canada-based global specialty packaging and labeling company. Through its operating businesses, the company provides pressure-sensitive and in-mold labels, shrink-sleeve products, aluminum packaging, specialty films, and other decorated packaging solutions for consumer, healthcare, personal care, food, beverage, and industrial markets.

CCL Industries also supplies apparel and retail identification products, RFID and electronic identification solutions, security labels and tags, and labels and components for medical devices, household products, and automotive applications.