Somewhat Favorable News Coverage Somewhat Unlikely to Affect ACCO Brands (ACCO) Share Price

Press coverage about ACCO Brands (NYSE:ACCO) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. ACCO Brands earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.069163450364 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:

A number of brokerages recently weighed in on ACCO. BidaskClub raised shares of ACCO Brands from a “hold” rating to a “buy” rating in a research report on Friday, October 13th. SunTrust Banks reaffirmed a “hold” rating and set a $13.00 price objective on shares of ACCO Brands in a research report on Wednesday, November 1st. Finally, Zacks Investment Research raised shares of ACCO Brands from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Tuesday, October 31st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. ACCO Brands has an average rating of “Buy” and an average target price of $15.00.

ACCO Brands (ACCO) opened at $12.80 on Tuesday. ACCO Brands has a 1 year low of $10.35 and a 1 year high of $14.75. The company has a quick ratio of 1.09, a current ratio of 1.70 and a debt-to-equity ratio of 1.39. The company has a market cap of $1,360.00, a PE ratio of 22.46, a price-to-earnings-growth ratio of 0.96 and a beta of 1.50.

ACCO Brands (NYSE:ACCO) last posted its earnings results on Monday, October 30th. The industrial products company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. ACCO Brands had a net margin of 3.51% and a return on equity of 15.99%. The firm had revenue of $532.20 million during the quarter, compared to analysts’ expectations of $529.65 million. During the same quarter in the prior year, the firm earned $0.29 EPS. ACCO Brands’s quarterly revenue was up 23.4% on a year-over-year basis. sell-side analysts forecast that ACCO Brands will post 1.15 earnings per share for the current year.

WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect ACCO Brands (ACCO) Share Price” was posted by Transcript Daily and is the property of of Transcript Daily. If you are reading this report on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at

ACCO Brands Company Profile

ACCO Brands Corporation is engaged in designing, marketing and manufacturing of branded business, academic and selected consumer products. The Company operates through three segments: ACCO Brands North America, ACCO Brands International and Computer Products Group. The Company’s brands include Artline, AT-A-GLANCE, Derwent, Esselte, Five Star, GBC, Hilroy, Kensington, Leitz, Marbig, Mead, NOBO, Quartet, Rapid, Rexel, Swingline, Tilibra and Wilson Jones.

Insider Buying and Selling by Quarter for ACCO Brands (NYSE:ACCO)

Receive News & Ratings for ACCO Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ACCO Brands and related companies with's FREE daily email newsletter.

Leave a Reply