Analysts Set Expectations for ACCO Brands Q1 Earnings

ACCO Brands Co. (NYSE:ACCO - Free Report) - Noble Financial issued their Q1 2025 EPS estimates for ACCO Brands in a note issued to investors on Monday, November 4th. Noble Financial analyst J. Gomes anticipates that the industrial products company will post earnings per share of $0.04 for the quarter. The consensus estimate for ACCO Brands' current full-year earnings is $1.04 per share. Noble Financial also issued estimates for ACCO Brands' FY2025 earnings at $1.14 EPS.

ACCO Brands (NYSE:ACCO - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The industrial products company reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. The firm had revenue of $420.90 million for the quarter, compared to the consensus estimate of $418.20 million. ACCO Brands had a negative net margin of 10.64% and a positive return on equity of 13.77%. The firm's quarterly revenue was down 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.24 EPS.

Other equities analysts have also issued reports about the company. Barrington Research reaffirmed an "outperform" rating and issued a $7.00 target price on shares of ACCO Brands in a research report on Wednesday, September 4th. StockNews.com raised shares of ACCO Brands from a "hold" rating to a "buy" rating in a report on Saturday, August 10th.

ACCO Brands Stock Up 4.3 %

Shares of NYSE:ACCO traded up $0.25 during trading on Wednesday, hitting $6.06. The company's stock had a trading volume of 983,661 shares, compared to its average volume of 626,038. The company has a market capitalization of $580.54 million, a PE ratio of -3.08, a PEG ratio of 0.42 and a beta of 1.63. ACCO Brands has a fifty-two week low of $4.36 and a fifty-two week high of $6.62. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.09 and a current ratio of 1.77. The stock's 50-day moving average price is $5.25 and its two-hundred day moving average price is $5.03.

Institutional Investors Weigh In On ACCO Brands

Several institutional investors and hedge funds have recently bought and sold shares of ACCO. Hillsdale Investment Management Inc. grew its holdings in shares of ACCO Brands by 7.4% during the first quarter. Hillsdale Investment Management Inc. now owns 29,000 shares of the industrial products company's stock valued at $163,000 after purchasing an additional 2,000 shares during the last quarter. EMC Capital Management increased its position in ACCO Brands by 8.8% in the first quarter. EMC Capital Management now owns 31,083 shares of the industrial products company's stock worth $174,000 after buying an additional 2,509 shares during the period. DMC Group LLC lifted its stake in ACCO Brands by 10.7% in the third quarter. DMC Group LLC now owns 26,287 shares of the industrial products company's stock valued at $144,000 after buying an additional 2,538 shares during the last quarter. Wedge Capital Management L L P NC lifted its stake in ACCO Brands by 1.6% in the third quarter. Wedge Capital Management L L P NC now owns 179,805 shares of the industrial products company's stock valued at $984,000 after buying an additional 2,788 shares during the last quarter. Finally, nVerses Capital LLC boosted its holdings in shares of ACCO Brands by 68.3% during the third quarter. nVerses Capital LLC now owns 6,900 shares of the industrial products company's stock valued at $38,000 after acquiring an additional 2,800 shares during the period. Institutional investors and hedge funds own 84.56% of the company's stock.

Insider Transactions at ACCO Brands

In related news, SVP Pamela R. Schneider sold 19,166 shares of the firm's stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $5.47, for a total transaction of $104,838.02. Following the transaction, the senior vice president now directly owns 243,899 shares in the company, valued at $1,334,127.53. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 7.30% of the company's stock.

ACCO Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date is Friday, November 15th. ACCO Brands's dividend payout ratio is presently -15.87%.

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.