Acco Brands Corporation (NASDAQ:ACCO) To Report Earnings

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.



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