Seeking Alpha

Matthew Rossi's  Instablog

Matthew Rossi
Send Message
MarketDNA is a product of SJL Capital LLC. SJL Capital LLC is a Registered Investment Advisory firm that was formed in March, 2005. MarketDNA is a proprietary quantitative analysis program which was created in 1996 and then tested and fine-tuned over the last 14 years. The unique methodology of... More
My company:
MarketDNA
My blog:
MarketDNA
My book:
MarketDNA
  • MarketDNA Releases Alert on AVY 0 comments
    Jan 15, 2010 11:38 PM | about stocks: AVY


    Market
    DNA Research Alert

    Buy: Equity – AVY – Avery Dennison Corp., - $39.50
    Buy: Derivatives – AVYBG, AVYBH - Jan 35 & Jan 40 Calls
    Equity Target: $42.50
    Potential Event: Unknown inefficiency in dissemination of information.
    Risks: Medium.

    Investors,

    We are seeing multiple indications of a potential upward movement for AVY, Avery Dennison Corporation from our proprietary investment program and believe AVY will move up to $42.50 within the next month.
    Avery Dennison Corporation produces pressure-sensitive materials, office products, tickets, tags, labels, and other converted products. It has three segments: Pressure-Sensitive Materials, Retail Information Services, and Office and Consumer Products. Pressure-Sensitive Materials segment offers pressure-sensitive materials, including papers, plastic films, metal foils, and fabrics to label printers and converters; graphic products to the architectural, commercial sign, and digital printing markets; durable cast and reflective films to the construction, automotive, fleet transportation markets; scrim-reinforced vinyl material for banner sign applications; reflective films for traffic and safety applications; and acrylic polymer adhesives and protective coatings. Retail Information Services segment provides price marking and brand identification products, including woven and printed labels, graphic and barcode tags, price tickets, carton labels, RFID tags, barcode printers, molded plastic fastening and application devices, and security management products for retailers, apparel manufacturers, distributors, and industrial customers. Office and Consumer Products segment provides printable media and other products, such as copiers, ink-jet and laser printer labels and cards, related computer software, and index products; and organization, filing, and presentation products, such as binders, dividers, and sheet protectors. It also offers writing instruments, markers, adhesives, and specialty products. Avery Dennison also offers specialty tapes, engineered films, RFID inlays, and postage stamps. The company was formerly known as Avery International Corporation changed its name to Avery Dennison Corporation in 1990. Avery Dennison was founded in 1935 and is headquartered in Pasadena, California with additional offices in Brea and Westlake Village, California; Framingham, Massachusetts; Mentor, Ohio; Hong Kong and Kunshan, China; Leiden, the Netherlands; and Zug, Switzerland.


    Currently trading at about $39.50, we believe, based on our proprietary program, an upward movement to $42.50+ within the next month is forthcoming. AVY trades on average 1,200,000 shares per day, and has traded up from $36.00 back in October.

     

    We recommend buying the equity straight out between $38.00 and $39.50, If you like derivatives, we recommend the January 35 Calls. If you want to take additional risk/reward the January 40 Calls are also recommended.



    ADDITIONAL METRICS:


    RELATED COMPANIES:

    Ticker

    Company name

    Exchange

    Price

    Change

    Chg %

    Earnings per share

    P/E ratio

    Mkt Cap

     

    AVY

    Avery Dennison Corpora...

    NYSE

    39.52

    -0.27

    -0.68%

    -7.59

     

    4.46B

     

    ITP

    Intertape Polymer Group

    TSE

    2.63

    -0.08

    -2.95%

    -1.85

     

    155.04M

     

    TMA

    Tma Group Of Companies...

    ASX

    0.035

    0.000

    0.00%

    0.00

    14.23

    40.42M

     

    1715

    ACHEM Technology Corp.

    TPE

    12.00

    0.00

    0.00%

    0.84

    14.28

    2.65B

     

    BMS

    Bemis Company, Inc.

    NYSE

    29.80

    -0.18

    -0.60%

    1.50

    19.90

    3.22B

     

    ABD

    ACCO Brands Corporation

    NYSE

    8.05

    -0.07

    -0.86%

    -6.60

     

    439.29M

     

    SR

    The Standard Register Co.

    NYSE

    5.25

    -0.14

    -2.60%

    -0.43

     

    151.49M

     

    VRS

    Verso Paper Corp.

    NYSE

    3.78

    +0.17

    4.71%

    1.18

    3.21

    197.98M

     

    C36

    CHT (Holdings) Ltd.

    SIN

    -

    -

    -

    -

    -

    -

     

    EKAD

    PT Ekadharma Intl. Tbk

    JAK

    -

    -

    -

    -

    -

    -

     

     

                       

     

                       
                                   

     

    FINANCIALS:

    In Millions of USD (except for per share items)

    13 weeks ending 2009-10-03

    13 weeks ending 2009-07-04

    Revenue

    1,549.30

    1,455.40

    Other Revenue, Total

    -

    -

    Total Revenue

    1,549.30

    1,455.40

    Cost of Revenue, Total

    1,113.30

    1,065.10

    Gross Profit

    436.00

    390.30

    Selling/General/Admin. Expenses, Total

    323.10

    300.10

    Research & Development

    -

    -

    Depreciation/Amortization

    -

    -

    Interest Expense(Income) - Net Operating

    -

    -

    Unusual Expense (Income)

    33.50

    29.10

    Other Operating Expenses, Total

    2.00

    0.50

    Total Operating Expense

    1,491.00

    1,415.20

    Operating Income

    58.30

    40.20

    Interest Income(Expense), Net Non-Operating

    -

    -

    Gain (Loss) on Sale of Assets

    -

    -

    Other, Net

    -

    -

    Income Before Tax

    58.30

    40.20

    Income After Tax

    62.50

    39.80

    Minority Interest

    -

    -

    Equity In Affiliates

    -

    -

    Net Income Before Extra. Items

    62.50

    39.80

    Accounting Change

    -

    -

    Discontinued Operations

    -

    -

    Extraordinary Item

    -

    -

    Net Income

    62.50

    39.80

     

    Good Luck Investing.

     

    Visit us at http://www.MarketDNA.com

     

     

    MarketDNA is a unique and very accurate proprietary research channel. MarketDNA uncovers trading which is occurring based on inefficiencies in dissemination of information, typically within fourteen days prior to an event occurring on the equity. MarketDNA provides our clients with actionable opportunity based intelligence and a suite of ala carte custom research solutions, all with exceptional track records and value.

     

    IMPORTANT DISCLOSURES 
    The distribution of this information has been made to a select group of which every effort has been made to disseminate the information to everyone at the same time. The information contained herein, including any expression of opinion, has been obtained from, or is based upon, sources believed by us to be reliable, but is not guaranteed as to accuracy or completeness.  This is not intended to be an offer to buy or sell or a solicitation of the securities, if any, referred to herein. Our firm and/or its officers and employees from time to time have a position in one or more of the securities mentioned herein. SJL Capital LLC does not trade on recommended equities based on
    MarketDNA research for 15 minutes after release of the distributed email alert.  The information and opinions in this report were prepared by MarketDNA and obtained from sources believed to be reliable. MarketDNA in no way guarantees the accuracy or completeness of such information. This report has been prepared for informational purposes only and was issued by MarketDNA for distribution to our market professional, institutional investor & individual customers. Nothing in this report constitutes investment, legal, accounting or tax advice or a representation that any investment or strategy is suitable or appropriate to your individual circumstances, nor does this constitute a personal recommendation to you. Opinions expressed are subject to change without notice and past performance is no guarantee of future result.

     

    Matthew Rossi
    https://app.icontact.com/icp/loadimage.php/mogile/604174/cbc586d10ede8d3d3a84bfe3a5ea34ad/image/jpeg
    Managing Partner, Chief Research Officer
    MarketDNA Investment Newsletter - A product of SJL Capital LLC

    admin@marketdna.com

     www.marketdna.com






    Disclosure: We have a position in this equity
    Stocks: AVY
Back To Matthew Rossi's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.