In the Green: Acco Brands Corporation (ACCO) Closes at 4.86, Up/Down 0.41 from Previous Day

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In the latest session, Acco Brands Corporation (NYSE: ACCO) closed at $4.86 up 0.41% from its previous closing price of $4.84. In other words, the price has increased by $0.41 from its previous closing price. On the day, 0.6 million shares were traded. ACCO stock price reached its highest trading level at $4.905 during the session, while it also had its lowest trading level at $4.84.

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 7.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.05. 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 ’23 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.

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 461351584 and an Enterprise Value of 1411151616. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.77 whereas that against EBITDA is 6.368.

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 -13.70%, while the 200-Day Moving Average is calculated to be -12.85%.

Shares Statistics:

For the past three months, ACCO has traded an average of 680.58K shares per day and 519080 over the past ten days. A total of 94.93M shares are outstanding, with a floating share count of 91.21M. Insiders hold about 4.64% of the company’s shares, while institutions hold 84.33% stake in the company. Shares short for ACCO as of 1711584000 were 1530006 with a Short Ratio of 2.25, compared to 1709164800 on 2334830. Therefore, it implies a Short% of Shares Outstanding of 1530006 and a Short% of Float of 1.66.

Dividends & Splits

According to the company, the forward annual dividend rate for ACCO is 0.30, from 0.3 in the trailing year. The stock’s 5-year Average Dividend Yield is 4.06.

Earnings Estimates

Currently, Southern Copper Corporation analysts are dedicated to thoroughly evaluating and rating the performance of Acco Brands Corporation (ACCO) in the stock market.The consensus estimate for the next quarter is $9.36, with high estimates of $9.17 and low estimates of $116.73.

Analysts are recommending an EPS of between $Healthcare and $Industrials for the fiscal current year, implying an average EPS of $Healthcare.

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