Noble Financial Forecasts Weaker Earnings for ACCO Brands

ACCO Brands Co. (NYSE:ACCO - Free Report) - Equities research analysts at Noble Financial cut their Q2 2025 earnings per share (EPS) estimates for shares of ACCO Brands in a report released on Monday, February 24th. Noble Financial analyst J. Gomes now expects that the industrial products company will post earnings of $0.35 per share for the quarter, down from their previous forecast of $0.36. The consensus estimate for ACCO Brands' current full-year earnings is $1.02 per share.

Other analysts also recently issued research reports about the stock. StockNews.com downgraded shares of ACCO Brands from a "buy" rating to a "hold" rating in a report on Wednesday. Barrington Research reduced their target price on ACCO Brands from $7.50 to $7.00 and set an "outperform" rating on the stock in a research note on Tuesday.

ACCO Brands Price Performance

NYSE ACCO traded up $0.04 during trading hours on Tuesday, reaching $4.68. The company's stock had a trading volume of 1,045,266 shares, compared to its average volume of 767,445. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.94 and a current ratio of 1.60. The company's 50-day moving average is $5.16 and its two-hundred day moving average is $5.37. ACCO Brands has a fifty-two week low of $4.30 and a fifty-two week high of $6.43. The stock has a market cap of $434.22 million, a PE ratio of -4.41, a PEG ratio of 0.37 and a beta of 1.68.

ACCO Brands (NYSE:ACCO - Get Free Report) last posted its earnings results on Thursday, February 20th. The industrial products company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.01). The firm had revenue of $448.10 million during the quarter, compared to analyst estimates of $455.06 million. ACCO Brands had a negative net margin of 6.10% and a positive return on equity of 14.96%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC raised its position in shares of ACCO Brands by 123.0% in the third quarter. FMR LLC now owns 5,911 shares of the industrial products company's stock valued at $32,000 after buying an additional 3,260 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in ACCO Brands in the 3rd quarter valued at $61,000. Burns Matteson Capital Management LLC purchased a new position in shares of ACCO Brands during the 4th quarter worth $61,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of ACCO Brands during the third quarter worth $63,000. Finally, Xponance Inc. purchased a new stake in shares of ACCO Brands in the fourth quarter valued at $65,000. 84.56% of the stock is currently owned by hedge funds and other institutional investors.

ACCO Brands Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Friday, March 14th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 6.42%. The ex-dividend date is Friday, March 14th. ACCO Brands's payout ratio is -28.30%.

ACCO Brands Company Profile

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.