Acme United - ACU Stock Forecast, Price & News

Acme United's stock was trading at $24.14 at the start of the year. Since then, ACU shares have decreased by 6.8% and is now trading at $22.50.
View the best growth stocks for 2023 here.

Acme United saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 8,600 shares, a decline of 16.5% from the February 13th total of 10,300 shares. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is currently 1.1 days. Approximately 0.3% of the shares of the company are short sold.
View Acme United's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our ACU earnings forecast.

Acme United Co. (NYSEAMERICAN:ACU) issued its quarterly earnings data on Thursday, March, 2nd. The company reported ($0.17) earnings per share (EPS) for the quarter. The firm had revenue of $44.10 million for the quarter. Acme United had a net margin of 1.57% and a trailing twelve-month return on equity of 3.85%.

Acme United declared a quarterly dividend on Monday, March 20th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.14 per share on Friday, April 21st. This represents a $0.56 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for ACU.

ETFs with the largest weight of Acme United (NYSEAMERICAN:ACU) stock in their portfolio include Dimensional US Marketwide Value ETF (DFUV).Dimensional US Small Cap Value ETF (DFSV).

Acme United (NYSEAMERICAN:ACU) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.45%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 71.80%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ACU.

Based on aggregate information from My MarketBeat watchlists, some companies that other Acme United investors own include Lifetime Brands (LCUT), AbbVie (ABBV), Walgreens Boots Alliance (WBA), Abbott Laboratories (ABT), Automatic Data Processing (ADP), Energy Transfer (ET), Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK), AT&T (T) and Agilent Technologies (A).

Acme United trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "ACU."

Acme United's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Capital Management Corp VA (15.44%), North Star Investment Management Corp. (11.25%), Dimensional Fund Advisors LP (5.20%), Renaissance Technologies LLC (3.80%), Bard Associates Inc. (3.61%) and First Manhattan Co. (1.08%). Insiders that own company stock include Brian Barker, Brian S Olschan, Paul G Driscoll, Rex Lynn Davidson, Stevenson E Ward III, Susan H Murphy and Walter C Johnsen.
View institutional ownership trends.

Shares of ACU 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.
Compare Top Brokerages Here.

One share of ACU stock can currently be purchased for approximately $22.50.

Acme United (NYSEAMERICAN:ACU) has a market capitalization of $79.65 million and generates $193.96 million in revenue each year. The company earns $3.04 million in net income (profit) each year or $0.78 on an earnings per share basis.

The company employs 654 workers across the globe.

Acme United's mailing address is 55 Walls Dr, FAIRFIELD, CT 06824-5163, United States. The official website for the company is www.acmeunited.com. The company can be reached via phone at (203) 254-6060 or via fax at 203-254-6019.