In the latest session, Acco Brands Corporation (NYSE: ACCO) closed at $5.54 down -3.99% from its previous closing price of $5.77. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 718531 shares were traded. ACCO stock price reached its highest trading level at $5.69 during the session, while it also had its lowest trading level at $5.53.
Ratios:
For a deeper understanding of Acco Brands Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.58. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 525.90M and an Enterprise Value of 1.48B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 0.81 whereas that against EBITDA is 12.14.
Stock Price History:
The Beta on a monthly basis for ACCO is 1.64, which has changed by 2.85% over the last 52 weeks, in comparison to a change of 27.55% over the same period for the S&P500. 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 6.12, while the 200-Day Moving Average is calculated to be 5.54.
Shares Statistics:
For the past three months, ACCO has traded an average of 588.32K shares per day and 654.29k 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 Feb 15, 2024 were 2.08M with a Short Ratio of 3.53, compared to 2.09M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.19% and a Short% of Float of 2.25%.
Dividends & Splits
According to the company, the forward annual dividend rate for ACCO is 0.30, from 0.30 in the trailing year. Against a Trailing Annual Dividend Yield of 5.20%, it implies a Forward Annual Dividend Yield of 5.20%. The stock’s 5-year Average Dividend Yield is 3.97.
Earnings Estimates
There are 1 different market analysts currently analyzing its stock. 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 $1.25, with 1 analysts recommending between $1.25 and $1.25.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $373.3M this quarter.It ranges from a high estimate of $373.3M to a low estimate of $373.3M. As of the current estimate, Acco Brands Corporation’s year-ago sales were $402.6M, an estimated decrease of -7.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $458.2M, a decrease of -7.20% over than the figure of -$7.30% in the same quarter last year. There is a high estimate of $458.2M for the next quarter, whereas the lowest estimate is $458.2M.
Based on 1 analysts’ estimates, the company’s revenue will be $1.82B in the next fiscal year. The high estimate is $1.82B and the low estimate is $1.82B. The average revenue growth estimate for next year is down -0.90% from the average revenue estimate for this year.
