ACCO Brands Corporation (NYSE:ACCO) has risen 20.02% since February 14, 2017 and is uptrending. ACCO Brands Corporation (NYSE:ACCO)'s short interest is 3.12 million shares, or 2.99% of the float.
The stock increased 0.99% or $0.3 during the last trading session, reaching $30.65.
ACCO Brands (NYSE:ACCO) last released its earnings results on Wednesday, February 14th.
Among 3 analysts covering Acco Brands (NYSE:ACCO), 2 have Buy rating, 0 Sell and 1 Hold.
Currently Analysts have a mean recommendation of 2.00 on the shares.
The stock of ACCO Brands Corporation (NYSE:ACCO) is a huge mover today!
Analysts are expecting average earnings estimates of $0.06 for the current quarter based on the opinion of 3 analysts, relating to high earnings per share estimates of $0.07 and low estimates of $0.05, however Acco Brands Corp (NYSE:ACCO) reported $0.04 earnings per share for the same quarter previous year. The high and low revenue estimates for the current quarter are $394.8 Million and $374.56 Million, respectively. However a year ago for the same quarter the company has reported $-0.11 EPS.
A number of other research analysts have also recently weighed in on ACCO. KeyBanc Capital Markets maintained the stock with "Hold" rating in Thursday, September 7 report. The company now has a consensus rating of "Buy" and a consensus target price of $15.33. Finally, SunTrust Banks reissued a "hold" rating and set a $13.00 target price on shares of ACCO Brands in a research report on Wednesday, November 1st. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover ACCO having a buy-equivalent rating.
ACCO Brands Corporation (ACCO), a stock from Office Supplies Industry, has a value of $12.95 per share, noted a price change of 16.14% in recent trade close. While for the next 5 years, the growth estimate is 10%.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. The company has an Average True Range (ATR) value of 0.49, while a Beta Value of 1.22. Because actual results may differ materially from those suggested or implied by such forward-looking statements, you should not place undue reliance on them when deciding whether to buy, sell or hold the company's securities. ACCO Brands Corporation (ACCO) has made its way to a 12-month gain of 5.77%.
Bailard Inc. purchased a new position in shares of ACCO Brands Co.
ACCO Brands declared that its board has authorized a share buyback plan on Wednesday, February 14th that permits the company to buyback $100.00 million in outstanding shares. Ameriprise Financial Inc. raised its holdings in shares of ACCO Brands by 35.0% in the 3rd quarter. This repurchase authorization authorizes the industrial products company to purchase shares of its stock through open market purchases.
EBITDA margin is an indicator of a company's operating profitability as a percentage of its overall revenue. Russell Investments Group Ltd. now owns 1,268,126 shares of the industrial products company's stock worth $15,089,000 after purchasing an additional 180,698 shares during the period.
TRADEMARK VIOLATION WARNING: "Bailard Inc". If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and global copyright & trademark legislation.
ACCO Brands Corporation is one of the world's largest designers, marketers and manufacturers of branded academic, consumer and business products. It operates through three divisions: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. 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.
The skies and lows of the 2018 slam dunk contest
Online gambling site Bovada has listed Smith, a Dallas Mavericks' rookie point guard , as a 7-4 favorite to win the contest. Mitchell put on a show at Staples Center to win the slam dunk contest and cap off NBA All-Star Saturday.
Morgan, Indiana hand Illini 4th straight loss
Illinois , which was 1 of 12 on 3-pointers in the first half, adjusted in the second half by repeatedly feeding the ball inside. With the win over Illinois , Indiana secured a first round bye in the Big Ten tournament. "It was a really good win for us".