Q1 Earnings Forecast for Acco Brands Issued By Sidoti

Key Points

• Sidoti forecasts Acco Brands will report a Q1 2028 loss of $0.01 per share, followed by EPS of $0.34 in Q2, $0.24 in Q3 and $0.98 for full-year 2028.
• Acco Brands recently posted quarterly EPS of $0.28, beating the $0.19 consensus estimate, though revenue of $380.3 million fell short of expectations.
• The company declared a quarterly dividend of $0.075 per share, equivalent to an annualized yield of approximately 5.5%; analysts maintain a consensus “Hold” rating with a $6.00 price target.

Acco Brands Corporation (NYSE:ACCO - Free Report) - Analysts at Sidoti issued their Q1 2028 earnings per share (EPS) estimates for shares of Acco Brands in a report released on Monday, November 2nd. Sidoti analyst G. Burns anticipates that the industrial products company will post earnings per share of ($0.01) for the quarter. The consensus estimate for Acco Brands' current full-year earnings is $1.00 per share. Sidoti also issued estimates for Acco Brands' Q2 2028 earnings at $0.34 EPS, Q3 2028 earnings at $0.24 EPS and FY2028 earnings at $0.98 EPS.

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

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

Acco Brands Stock Down 0.1%

ACCO stock opened at $5.49 on Tuesday. The company's 50 day moving average is $4.41 and its 200 day moving average is $3.97. The stock has a market cap of $506.97 million, a price-to-earnings ratio of 7.85, a price-to-earnings-growth ratio of 0.82 and a beta of 1.20. The company has a current ratio of 1.97, a quick ratio of 1.22 and a debt-to-equity ratio of 1.30. Acco Brands has a 1-year low of $2.81 and a 1-year high of $5.85.

Acco Brands Dividend Announcement

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

Hedge Funds Weigh In On Acco Brands

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE bought a new position in Acco Brands during the second quarter valued at approximately $4,291,000. Bank of New York Mellon Corp bought a new stake in shares of Acco Brands in the 2nd quarter worth approximately $4,079,000. BlackRock Inc. bought a new stake in shares of Acco Brands in the 2nd quarter worth approximately $36,919,000. Empowered Funds LLC bought a new stake in shares of Acco Brands in the 2nd quarter worth approximately $2,290,000. Finally, Squarepoint Ops LLC bought a new stake in shares of Acco Brands in the 2nd quarter worth approximately $1,177,000. 84.56% of the stock is currently owned by institutional investors.

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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