Noble Financial Raises Earnings Estimates for Acco Brands

Key Points

• Noble Financial raised Acco Brands’ FY2026 EPS estimate to $0.97 from $0.90, though it remains below the $1.00 consensus forecast.
• Acco Brands exceeded quarterly earnings expectations, reporting EPS of $0.28 versus the $0.19 consensus estimate, while revenue of $380.3 million came in slightly below forecasts.
• The stock carries a consensus “Hold” rating and a $6.00 price target; the company also declared a quarterly dividend of $0.075 per share, representing a 5.5% annualized yield.

Acco Brands Corporation (NYSE:ACCO - Free Report) - Analysts at Noble Financial raised their FY2026 earnings per share (EPS) estimates for shares of Acco Brands in a note issued to investors on Monday, November 2nd. Noble Financial analyst J. Gomes now expects that the industrial products company will post earnings of $0.97 per share for the year, up from their prior estimate of $0.90. The consensus estimate for Acco Brands' current full-year earnings is $1.00 per share.

Several other equities research analysts have also recently issued reports on ACCO. Barrington Research set a $6.00 target price on shares of Acco Brands in a report on Wednesday, August 5th. Wall Street Zen upgraded shares of Acco Brands from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, Weiss Ratings raised Acco Brands from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Acco Brands currently has a consensus rating of "Hold" and a consensus price target of $6.00.

Acco Brands Stock Down 0.1%

ACCO opened at $5.49 on Tuesday. The stock has a market capitalization of $506.97 million, a price-to-earnings ratio of 7.85, a PEG ratio of 0.82 and a beta of 1.20. The firm has a 50 day moving average price of $4.41 and a 200-day moving average price of $3.97. Acco Brands has a twelve month low of $2.81 and a twelve month high of $5.85. The company has a quick ratio of 1.22, a current ratio of 1.97 and a debt-to-equity ratio of 1.30.

Acco Brands (NYSE:ACCO - Get Free Report) last posted its earnings results on Thursday, October 29th. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.09. Acco Brands had a net margin of 3.74% and a return on equity of 12.57%. The business had revenue of $380.30 million for the quarter, compared to analysts' expectations of $383.70 million.

Hedge Funds Weigh In On Acco Brands

Several institutional investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC purchased a new position in Acco Brands during the first quarter valued at $37,000. Legal & General Group Plc bought a new position in shares of Acco Brands in the second quarter worth about $37,000. Burns Matteson Capital Management LLC bought a new position in shares of Acco Brands in the third quarter worth about $52,000. AXQ Capital LP purchased a new position in shares of Acco Brands during the 2nd quarter valued at about $59,000. Finally, Quantinno Capital Management LP purchased a new position in shares of Acco Brands during the 1st quarter valued at about $60,000. Institutional investors own 84.56% of the company's stock.

Acco Brands Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Friday, November 20th will be given a dividend of $0.0750 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a $0.30 annualized dividend and a dividend yield of 5.5%. Acco Brands's dividend payout ratio is presently 42.86%.

About Acco Brands

ACCO Brands Corporation is a global manufacturer and marketer of consumer and office products. Its portfolio includes supplies and equipment used in workplaces, schools and homes, as well as products designed to support organization, productivity and personal technology.

The company's brands include Swingline, Kensington, Mead, Five Star, GBC, Quartet and Esselte. Its products include staplers, punches, shredders, laminators, binding systems, presentation supplies, notebooks, planners, backpacks, computer accessories and other workspace and school supplies.

ACCO Brands traces its history to the American Clip Company, founded in 1903.

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