E Daily Stock Tip: Devro PLC

I'm now looking for a third consumer defensive sector representative for my new Ivy portfolio.

That defensive sector includes thirteen industries all related to providing convenient packaged goods we've just gotta have. Industries like: beverages, brewed, soft, or distilled; confections; discount stores; education & training; farm products; food distribution; grocery stores; household & personal products; packaged goods; pharmaceutical retailers; tobacco.

Today I'm reviewing a small-cap packaged foods concern named Devro PLC. Its trading ticker symbol is DEVOY. I last reported on Devro PLC on March 8, 2018.

Devro PLC is a manufacturer of collagen products for the food industry. Its core product is collagen casings. Collagen casing is used to manufacture all varieties of sausages. It has edible, non-edible, films and plastics types.

The firm's other products are a variety of sausages and meat products. The company's manufacturing sites are in USA, UK, Czech Republic and Australia. The firm has Americas, Asia Pacific, and European geographic segments.

It derives a majority of its revenues from Europe segment. The company's revenue comes mainly from the sale of collagen products to food manufacturers and local distributors.

I use three key data points to gauge the value of any dividend equity-like Devro PLC (DEVOY):

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.


Devro's price per share closed at $5.45 yesterday. A year ago in March, its price was $6.20. So price dropped  $0.75 per share last year, over 12%.

Assuming Devro's stock trades in the range of $5 to $9 next year, Devro's recent $5.45 price could drop by another $0.15 and go to $5.30 by early-February, 2020.

DEVOY Dividends

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Disclosure: This article was compiled by Rydlun & Co., LLC from data derived from www.ycharts.com; www.finance.yahoo.com; analyst target ...

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