CCL Industries stock target raised on strong label industry position - Investing.com
| CCL-B Stock | CAD 77.26 0.42 0.54% |
Slightly above 62% of CCL Industries' investor base is looking to short. The analysis of overall sentiment of trading CCL Industries stock suggests that many investors are alarmed at this time. CCL Industries' investing sentiment can be driven by a variety of factors including economic data, CCL Industries' earnings reports, geopolitical events, and overall market trends.
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CCL Industries stock target raised on strong label industry position Investing.com
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CCL Industries Fundamental Analysis
We analyze CCL Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CCL Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CCL Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
CCL Industries is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
CCL Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CCL Industries stock to make a market-neutral strategy. Peer analysis of CCL Industries could also be used in its relative valuation, which is a method of valuing CCL Industries by comparing valuation metrics with similar companies.
Peers
CCL Industries Related Equities
| OTEX | Open Text | 2.82 | ||||
| WCN | Waste Connections | 1.53 | ||||
| SJ | Stella Jones | 0.89 | ||||
| GIL | Gildan Activewear | 0.39 | ||||
| TIH | Toromont Industries | 0.11 |
Additional Tools for CCL Stock Analysis
When running CCL Industries' price analysis, check to measure CCL Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CCL Industries is operating at the current time. Most of CCL Industries' value examination focuses on studying past and present price action to predict the probability of CCL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCL Industries' price. Additionally, you may evaluate how the addition of CCL Industries to your portfolios can decrease your overall portfolio volatility.