ACCO Brands (NYSE:ACCO) Announces Earnings Results, Misses Expectations By $0.01 EPS

ACCO Brands (NYSE:ACCO - Get Free Report) posted its earnings results on Thursday. The industrial products company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.01), Zacks reports. ACCO Brands had a negative net margin of 6.10% and a positive return on equity of 14.96%. The business had revenue of $448.10 million for the quarter, compared to analysts' expectations of $455.06 million. ACCO Brands updated its Q1 2025 guidance to -0.050--0.030 EPS and its FY 2025 guidance to 1.000-1.050 EPS.

ACCO Brands Trading Down 3.6 %

Shares of NYSE ACCO traded down $0.17 during midday trading on Monday, reaching $4.40. 1,586,362 shares of the stock were exchanged, compared to its average volume of 722,250. The company has a market capitalization of $408.21 million, a P/E ratio of -4.15, a P/E/G ratio of 0.41 and a beta of 1.68. ACCO Brands has a 52-week low of $4.34 and a 52-week high of $6.43. The company has a current ratio of 1.60, a quick ratio of 0.94 and a debt-to-equity ratio of 1.38. The stock has a 50 day moving average price of $5.22 and a 200-day moving average price of $5.38.

ACCO Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.075 per share. The ex-dividend date is Friday, March 14th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 6.83%. ACCO Brands's dividend payout ratio (DPR) is presently -28.30%.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. StockNews.com downgraded shares of ACCO Brands from a "strong-buy" rating to a "buy" rating in a report on Friday, December 20th. Barrington Research raised their target price on shares of ACCO Brands from $7.00 to $7.50 and gave the company an "outperform" rating in a report on Friday, November 22nd.

About ACCO Brands

ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides computer and gaming accessories, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; sheet protectors and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools.