ACCO Brands (ACCO) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ACCO Brands in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ACCO shares.
View ACCO analyst ratings or view top-rated stocks.

2 analysts have issued 1-year price targets for ACCO Brands' stock. Their ACCO share price forecasts range from $6.00 to $8.00. On average, they predict the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price.
View analysts price targets for ACCO or view top-rated stocks among Wall Street analysts.

ACCO Brands' stock was trading at $5.59 at the beginning of the year. Since then, ACCO stock has decreased by 5.9% and is now trading at $5.26.
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ACCO Brands saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,580,000 shares, a drop of 12.2% from the April 15th total of 1,800,000 shares. Based on an average trading volume of 626,600 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.7% of the shares of the company are short sold.
View ACCO Brands' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our ACCO earnings forecast.

ACCO Brands Co. (NYSE:ACCO) announced its earnings results on Friday, May, 5th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.04. The industrial products company had revenue of $402.60 million for the quarter, compared to analysts' expectations of $391.88 million. ACCO Brands had a negative net margin of 0.74% and a positive trailing twelve-month return on equity of 12.11%. ACCO Brands's quarterly revenue was down 8.8% on a year-over-year basis. During the same period last year, the business earned $0.11 EPS.

ACCO Brands announced a quarterly dividend on Friday, April 28th. Stockholders of record on Friday, May 19th will be paid a dividend of $0.075 per share on Friday, June 9th. This represents a $0.30 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date is Thursday, May 18th.
Read our dividend analysis for ACCO.

ETFs with the largest weight of ACCO Brands (NYSE:ACCO) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Roundhill Acquirers Deep Value ETF (DEEP), First Trust Dow Jones Select Microcap Index Fund (FDM) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).

ACCO Brands (NYSE:ACCO) pays an annual dividend of $0.30 per share and currently has a dividend yield of 5.74%. ACCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for ACCO.

ACCO Brands issued an update on its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of $0.29-$0.32 for the period, compared to the consensus estimate of $0.30. The company issued revenue guidance of -.

147 employees have rated ACCO Brands Chief Executive Officer Boris Elisman on Glassdoor.com. Boris Elisman has an approval rating of 79% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ACCO Brands investors own include AT&T (T), Energy Transfer (ET), Bank of Hawaii (BOH), Ford Motor (F), InterDigital (IDCC), Pfizer (PFE), Advanced Micro Devices (AMD), Bank of America (BAC), Cisco Systems (CSCO) and AbbVie (ABBV).

ACCO Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACCO."

ACCO Brands' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.44%), Dimensional Fund Advisors LP (7.24%), Allspring Global Investments Holdings LLC (5.72%), Wellington Management Group LLP (5.33%), LSV Asset Management (3.50%) and State Street Corp (2.38%). Insiders that own company stock include Angela Y Jones, Boris Elisman, Gregory J Mccormack, Neal V Fenwick, Pamela R Schneider, Patrick Buchenroth, Ralph Paul Hargrow, Ronald M Lombardi, Roxanne M Bernstein and Thomas W Tedford.
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Shares of ACCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ACCO stock can currently be purchased for approximately $5.26.

ACCO Brands (NYSE:ACCO) has a market capitalization of $499.28 million and generates $1.95 billion in revenue each year. The industrial products company earns $-13,200,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis.

The company employs 6,000 workers across the globe.

ACCO Brands' mailing address is FOUR CORPORATE DRIVE, LAKE ZURICH IL, 60047. The official website for the company is www.accobrands.com. The industrial products company can be reached via phone at (847) 541-9500, via email at jennifer.rice@acco.com, or via fax at 847-272-1389.