Noble Financial Predicts Reduced Earnings for ACCO Brands

ACCO Brands Co. (NYSE:ACCO - Free Report) - Noble Financial decreased their Q1 2025 earnings per share estimates for shares of ACCO Brands in a research note issued to investors on Monday, February 24th. Noble Financial analyst J. Gomes now expects that the industrial products company will earn ($0.05) per share for the quarter, down from their prior estimate of $0.04. The consensus estimate for ACCO Brands' current full-year earnings is $1.02 per share. Noble Financial also issued estimates for ACCO Brands' FY2025 earnings at $1.04 EPS and FY2026 earnings at $1.14 EPS.

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

A number of other research firms have also issued reports on ACCO. Barrington Research dropped their price target on ACCO Brands from $7.50 to $7.00 and set an "outperform" rating for the company in a research report on Tuesday. StockNews.com lowered ACCO Brands from a "buy" rating to a "hold" rating in a research report on Wednesday.

ACCO Brands Price Performance

Shares of ACCO stock traded up $0.04 during trading hours on Wednesday, reaching $4.68. The company 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 stock has a fifty day moving average of $5.15 and a 200-day moving average of $5.37. The company has a market capitalization of $434.22 million, a price-to-earnings ratio of -4.41, a PEG ratio of 0.37 and a beta of 1.68. ACCO Brands has a 12-month low of $4.30 and a 12-month high of $6.43.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. DMC Group LLC boosted its position in shares of ACCO Brands by 9.5% during the fourth quarter. DMC Group LLC now owns 28,783 shares of the industrial products company's stock worth $151,000 after buying an additional 2,496 shares during the period. Somerset Trust Co raised its stake in shares of ACCO Brands by 22.1% in the fourth quarter. Somerset Trust Co now owns 15,067 shares of the industrial products company's stock valued at $79,000 after acquiring an additional 2,724 shares in the last quarter. FMR LLC raised its stake 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 acquiring an additional 3,260 shares in the last quarter. Nebula Research & Development LLC raised its stake in shares of ACCO Brands by 8.6% in the fourth quarter. Nebula Research & Development LLC now owns 59,572 shares of the industrial products company's stock valued at $313,000 after acquiring an additional 4,732 shares in the last quarter. Finally, XTX Topco Ltd raised its stake in shares of ACCO Brands by 8.8% in the third quarter. XTX Topco Ltd now owns 58,905 shares of the industrial products company's stock valued at $322,000 after acquiring an additional 4,781 shares in the last quarter. 84.56% of the stock is currently owned by hedge funds and other institutional investors.

ACCO Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Friday, March 14th will be given a $0.075 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.30 annualized dividend and a yield of 6.42%. 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.