Technical Perspectives on Business Equipment Stocks -- Avery Dennison, Canon, Essendant, and Herman Miller

NEW YORK, April 18, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on AVY, CAJ, ESND, and MLHR which can be accessed for free by signing up to www.wallstequities.com/registration. For today, WallStEquities.com scans Avery Dennison Corp. (NYSE: AVY), Canon Inc. (NYSE: CAJ), Essendant Inc. (NASDAQ: ESND), and Herman Miller Inc. (NASDAQ: MLHR). Companies in the Business Equipment space provide products from many sectors for business use, including office furniture, printers, security systems, and lighting. They are often structured as corporations and offer average dividend yields. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Avery Dennison

Shares in Glendale, California headquartered Avery Dennison Corp. climbed 1.60%, ending Tuesday's trading session at $107.68. The stock recorded a trading volume of 723,019 shares. The Company's shares have gained 34.11% over the past year. The stock is trading 1.90% above its 200-day moving average. Moreover, shares of Avery Dennison, which produces and sells pressure-sensitive materials worldwide, have a Relative Strength Index (RSI) of 48.43.  

On April 12^th, 2018, Avery Dennison announced the following investor events: (i) Q1 2018 earnings conference call on April 25^th, 2018, at 12:00 p.m. ET. The earnings news release will be issued that morning at 6:45 a.m. ET; (ii) Barclays Americas Select Franchise Conference on May 15^th, 2018, in London. Greg Lovins, Senior Vice President and CFO, is scheduled to present at 10:00 a.m. ET. Get the full research report on AVY for free by clicking below at: www.wallstequities.com/registration/?symbol=AVY

Canon

Tokyo, Japan headquartered Canon Inc.'s stock rose slightly by 0.83%, closing the day at $36.44. A total volume of 520,248 shares was traded, which was above their three months average volume of 462,820 shares. The Company's shares have advanced 17.13% over the past year. The stock is trading 0.14% below its 200-day moving average. Additionally, shares of Canon, which manufactures and sells office multifunction devices, plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment, have an RSI of 49.46. 

On April 03^rd, 2018, Canon U.S.A., Inc., a subsidiary of Canon, has announced that Mr. Yuichi Ishizuka, the Company's President and COO, has taken a new assignment as President and CEO of Canon EMEA region as of April 01^st, 2018. Mr. Kazuto Ogawa succeeds Mr. Ishizuka in the role of President and COO. Access the free research report on CAJ now by signing up at: www.wallstequities.com/registration/?symbol=CAJ

Essendant

On Tuesday, shares in Deerfield, Illinois headquartered Essendant Inc. recorded a trading volume of 691,800 shares, which was higher than their three months average volume of 459,670 shares. The stock ended the day 2.88% higher at $9.28. The Company's shares have advanced 13.17% in the past month. The stock is trading above its 50-day moving average by 13.64%. Furthermore, shares of Essendant, which operates as a distributor of workplace items in the US and internationally, have an RSI of 59.57.  

On April 03^rd, 2018, Essendant announced plans to report its Q1 2018 results on April 25^th, 2018, after close of market. The Company will host a conference call on April 26^th, 2018, beginning at 7:30 a.m. CT. The press release containing the full text of the earnings announcement and accompanying financial tables, along with a financial slide presentation and other information relating to the call, will be available under the investors (quarterly results) page of the Company's corporate website. Are you already registered with Wall St. Equities? Do so now for free, and get the report on ESND at: www.wallstequities.com/registration/?symbol=ESND

Herman Miller

Zeeland, Michigan headquartered Herman Miller Inc.'s stock declined slightly by 0.15%, finishing yesterday's session at $33.05. A total volume of 443,408 shares was traded, which was above their three months average volume of 424,240 shares. The Company's shares have advanced 5.59% over the past year. The stock is trading below its 200-day moving average by 6.32%. Additionally, shares of Herman Miller have an RSI of 45.63.  

On March 21^st, 2018, Herman Miller announced the results for its Q3 FY18 ended March 03^rd, 2018. Net sales in the quarter totaled $578.4 million, new orders were $563.2 million, and consolidated gross margin totaled 35.6%. Cash flow generated from operations was $29.2 million in Q3 FY18. The Company ended Q3 FY18 with total cash and cash equivalents of $193.0 million. Aspiring Member, please take a moment to register below for your free research report on MLHR at: www.wallstequities.com/registration/?symbol=MLHR

--

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Wall St. Equities