The closing price of Acco Brands Corporation (NYSE: ACCO) was $5.82 for the day, up 4.30% from the previous closing price of $5.58. In other words, the price has increased by $+0.24 from its previous closing price. On the day, 1095970 shares were traded.
Ratios:
Our analysis of ACCO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.22.
On November 12, 2020, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $12.
Barrington Research reiterated its Outperform rating for the stock on February 14, 2019, while the target price for the stock was revised from $13 to $11.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 21 when McCormack Gregory J. sold 11,723 shares for $5.16 per share. The transaction valued at 60,444 led to the insider holds 129,094 shares of the business.
Bernstein Roxanne M bought 5,000 shares of ACCO for $27,000 on Mar 09. The EVP & Pres, ACCO Brands N.A. now owns 25,000 shares after completing the transaction at $5.40 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACCO now has a Market Capitalization of 552.48M and an Enterprise Value of 1.50B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 0.82 whereas that against EBITDA is 12.35.
Stock Price History:
Over the past 52 weeks, ACCO has reached a high of $6.62, while it has fallen to a 52-week low of $4.30. The 50-Day Moving Average of the stock is 6.11, while the 200-Day Moving Average is calculated to be 5.53.
Shares Statistics:
ACCO traded an average of 571.70K shares per day over the past three months and 586.09k shares per day over the past ten days. A total of 94.93M shares are outstanding, with a floating share count of 91.19M. Insiders hold about 3.94% of the company’s shares, while institutions hold 84.98% stake in the company. Shares short for ACCO as of Jan 31, 2024 were 2.07M with a Short Ratio of 3.63, compared to 1.92M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.18% and a Short% of Float of 2.25%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.30, ACCO has a forward annual dividend rate of 0.30. Against a Trailing Annual Dividend Yield of 5.38%, it implies a Forward Annual Dividend Yield of 5.38%. The stock’s 5-year Average Dividend Yield is 3.97.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.08, while EPS last year was $0.09. The consensus estimate for the next quarter is $0.35, with high estimates of $0.35 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.38 and $1.1 for the fiscal current year, implying an average EPS of $1.2. EPS for the following year is $1.4, with 1 analysts recommending between $1.4 and $1.4.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $388.5M to a low estimate of $388.5M. As of the current estimate, Acco Brands Corporation’s year-ago sales were $402.6M, an estimated decrease of -3.50% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $484.8M, a decrease of -1.80% over than the figure of -$3.50% in the same quarter last year. There is a high estimate of $484.8M for the next quarter, whereas the lowest estimate is $484.8M.
A total of 3 analysts have provided revenue estimates for ACCO’s current fiscal year. The highest revenue estimate was $1.91B, while the lowest revenue estimate was $1.82B, resulting in an average revenue estimate of $1.86B. In the same quarter a year ago, actual revenue was $1.83B, up 1.60% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.91B in the next fiscal year. The high estimate is $1.91B and the low estimate is $1.91B. The average revenue growth estimate for next year is up 2.80% from the average revenue estimate for this year.
