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CCL Industries (B) has faced challenges due to pandemic-related overstocking leading to decreased sales, but experts believe the situation will improve going forward. The company has been praised for its acquisitive nature and potential for growth. While some express concern over its ties to consumer demand, others see it as a good defensive investment with consistent revenue growth and dividend increases over the years. Overall, CCL.B-T is considered a solid long-term investment option with room for improvement.
Has been a great story by acquisition. His only worry short term is that it's hugely tied to consumer demand, which will slow down, highly cyclical. You can own a partial position here, but that's it.
Impressive Q1 results. Sales grew only a bit in Q2, but beat expectations and earnings. Higher rates impacted consumer spending. Really strong balance sheet. Light yield of 1.7%, but has increased dividend over 5 years by 110%. Fundamentally 9/10 for her.
Labels & packaging business a good defensive name for investors.
Past 10 years has seen consistent growth in revenue.
110% increase of divined the last 5 years.
Excellent company for the long term.
13 of 15 past years - shares have appreciated (consistent gains).
EPS of 83c matched estimates; revenue of $1.587B was 2% short of estimates.
EBITDA of $289M was also 2% short.
The outlook was better, though, with a 'solid order picture', the end of China lockdowns and supply chain normalization.
The dividend was raised 10%.
Things are looking a bit better here.
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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. EPS of 85c beat estimates by 13%. Sales of $1.522B beat estimates by 3%. EBITDA of $301M beat estimates by 6%. Sales rose 13% with 10.8% organic growth. Operating income rose 2.5%. It had a solid quarter and the company is renewing its share buyback plan. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They announced small acquisitions last week. There has been no negative news, but has been taken down in the general market movement. Has breached some technical levels, which could have led to more selling. A buy at these prices. Unlock Premium - Try 5i Free
CCL Industries (B) is a Canadian stock, trading under the symbol CCL.B-T on the Toronto Stock Exchange (CCL.B-CT). It is usually referred to as TSX:CCL.B or CCL.B-T
In the last year, 3 stock analysts published opinions about CCL.B-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for CCL Industries (B).
CCL Industries (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for CCL Industries (B).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered CCL Industries (B) In the last year. It is a trending stock that is worth watching.
On 2024-03-18, CCL Industries (B) (CCL.B-T) stock closed at a price of $70.82.
Pandemic messed up everything. Overstocking led to fewer sales. Will be rectified going forward. A day away from going up 10-15%. Acquisitive. Stock's gone nowhere, but business has improved, and this excites him. Juicy targets. One of the cheapest stocks he owns.