Q1 EPS Estimates for ACCO Brands Reduced by Noble Financial

ACCO Brands Co. (NYSE:ACCO) – Equities researchers at Noble Financial cut their Q1 2025 EPS estimates for shares of ACCO Brands in a research note issued to investors on Monday, February 24th. Noble Financial analyst J. Gomes now forecasts that the industrial products company will post earnings of ($0.05) per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for ACCO Brands’ current full-year earnings is $1.02 per share. Noble Financial also issued estimates for ACCO Brands’ FY2025 earnings at $1.04 EPS and FY2026 earnings at $1.14 EPS.

A number of other equities analysts have also recently issued reports on the company. StockNews.com cut ACCO Brands from a “strong-buy” rating to a “buy” rating in a report on Friday, December 20th. Barrington Research decreased their target price on shares of ACCO Brands from $7.50 to $7.00 and set an “outperform” rating for the company in a research report on Tuesday.

ACCO Brands Stock Up 2.8 %

Shares of NYSE:ACCO opened at $4.53 on Wednesday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.94 and a current ratio of 1.60. ACCO Brands has a 52-week low of $4.30 and a 52-week high of $6.43. The business’s 50 day simple moving average is $5.20 and its two-hundred day simple moving average is $5.38. The firm has a market cap of $420.28 million, a P/E ratio of -4.27, a PEG ratio of 0.37 and a beta of 1.68.

ACCO Brands (NYSE:ACCO) last announced its quarterly earnings data on Thursday, February 20th. The industrial products company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.01). The company had revenue of $448.10 million for the quarter, compared to analyst estimates of $455.06 million. ACCO Brands had a negative net margin of 6.10% and a positive return on equity of 14.96%.

ACCO Brands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Friday, March 14th will be given a dividend of $0.075 per share. The ex-dividend date is Friday, March 14th. This represents a $0.30 annualized dividend and a dividend yield of 6.63%. ACCO Brands’s payout ratio is -28.30%.

Institutional Investors Weigh In On ACCO Brands

Institutional investors have recently bought and sold shares of the stock. FMR LLC boosted its holdings in ACCO Brands by 123.0% during the 3rd quarter. FMR LLC now owns 5,911 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 3,260 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in ACCO Brands during the third quarter worth about $61,000. Y Intercept Hong Kong Ltd purchased a new position in ACCO Brands during the third quarter worth about $63,000. Burns Matteson Capital Management LLC bought a new stake in ACCO Brands in the 4th quarter worth about $61,000. Finally, Xponance Inc. purchased a new stake in ACCO Brands in the 4th quarter valued at about $65,000. Institutional investors own 84.56% of the company’s stock.

ACCO Brands Company Profile

ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides computer and gaming accessories, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; sheet protectors and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools.