Profile
Sector:
IndustrialsIndustry:
Business Equipment & SuppliesCountry:
United StatesIPO:
17 August 2005Website:
http://www.accobrands.comNext earnings report:
09 August 2024Last dividends:
16 May 2024Next dividends:
N/APrice
regular market | 7 min agoAnalysts recommendations
Institutional Ownership
ACCO Latest News
BURLINGAME, Calif.--(BUSINESS WIRE)-- #ai--Kensington today announced the availability of the Pro Fit Ergo KB675 EQ TKL Rechargeable Keyboard for Windows and macOS.
The average of price targets set by Wall Street analysts indicates a potential upside of 114.9% in Acco (ACCO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
ACCO Brands has been undervalued in the past due to ineffective acquisitions and excessive spending, resulting in a decrease in shareholder value. The recent change in leadership with CEO Boris Elisman stepping down signals a change in management strategy towards reducing debt and prioritizing organic growth. If the new management successfully reduces debt as planned, investors could see a potential 20-40% increase in share price over the next two years.
ACCO Brands (ACCO) reported quarterly earnings of $0.03 per share, surpassing the Zacks Consensus Estimate of $0.02 per share. This is lower than the earnings of $0.09 per share from the same quarter last year.
Acco delivered better-than-expected fourth-quarter results, but revenue is heading south. The maker of branded office and school supplies forecasted further sales declines in 2024.
ACCO Brands Corporation (ACCO) Q4 2023 Earnings Call Transcript
Acco Brands (ACCO) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.32 per share a year ago.
Acco (ACCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Acco (ACCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Screening for stocks with low price-to-earnings ratios is a great place to start when looking for value stocks, but your search for low P/E value stocks should not end there. That is, it's not as if you can screen for the stocks with the lowest P/E ratios, purchase them, and expect to generate outsized returns.
What type of business is ACCO Brands?
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, calendars, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools. It offers its products under the AT-A-GLANCE, Barrilito, Derwent, Esselte, Five Star, Foroni, GBC, Hilroy, Kensington, Leitz, Marbig, Mead, NOBO, PowerA, Quartet, Rapid, Rexel, Swingline, Tilibra, TruSens, and Spirax brand names. The company markets and sells its products through various channels, including mass retailers, e-tailers, discount, drug/grocery, and variety chains; warehouse clubs; hardware and specialty stores; independent office product dealers; office superstores; wholesalers; contract stationers; and technology specialty businesses, as well as sells products directly to commercial and consumer end-users through its e-commerce platform and direct sales organization. ACCO Brands Corporation was founded in 1893 and is headquartered in Lake Zurich, Illinois.
What sector is ACCO Brands in?
ACCO Brands is in the Industrials sector
What industry is ACCO Brands in?
ACCO Brands is in the Business Equipment & Supplies industry
What country is ACCO Brands from?
ACCO Brands is headquartered in United States
When did ACCO Brands go public?
ACCO Brands initial public offering (IPO) was on 17 August 2005
What is ACCO Brands website?
https://www.accobrands.com
Is ACCO Brands in the S&P 500?
No, ACCO Brands is not included in the S&P 500 index
Is ACCO Brands in the NASDAQ 100?
No, ACCO Brands is not included in the NASDAQ 100 index
Is ACCO Brands in the Dow Jones?
No, ACCO Brands is not included in the Dow Jones index
When does ACCO Brands report earnings?
The next expected earnings date for ACCO Brands is 09 August 2024