At the time of writing, Acco Brands Corporation [ACCO] stock is trading at $4.90, down -1.41%. An important factor to consider is whether the stock is rising or falling in short-term value. The ACCO shares have gain 0.62% over the last week, with a monthly amount drifted -6.84%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Acco Brands Corporation [NYSE: ACCO] stock has seen the most recent analyst activity on February 14, 2023, when BWS Financial downgraded its rating to a Neutral. Previously, KeyBanc Capital Markets upgraded its rating to Overweight on November 12, 2020, and kept the price target unchanged to $12. On February 14, 2019, Barrington Research reiterated its Outperform rating and revised its price target to $11 on the stock. BWS Financial started tracking the stock assigning a Buy rating and suggested a price target of $18 on January 25, 2017. Barrington Research reiterated its recommendation of a Outperform and raised its price target to $11 on April 29, 2016. Barclays started tracking with a Equal Weight rating for this stock on January 18, 2013, and assigned it a price target of $9.
For the past year, the stock price of Acco Brands Corporation fluctuated between $4.36 and $6.62. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Acco Brands Corporation [NYSE: ACCO] shares were valued at $4.90 at the most recent close of the market. An investor can expect a potential return of 63.27% based on the average ACCO price forecast.
Analyzing the ACCO fundamentals
According to Acco Brands Corporation [NYSE:ACCO], the company’s sales were 1.73B for trailing twelve months, which represents an -11.20% plunge. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.23 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.62.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.86 points at the first support level, and at 4.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.97, and for the 2nd resistance point, it is at 5.04.
Ratios To Look Out For
It is important to note that Acco Brands Corporation [NYSE:ACCO] has a current ratio of 1.77. On the other hand, the Quick Ratio is 1.09, and the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 0.80.
Transactions by insiders
Recent insider trading involved Schneider Pamela R, Sr VP, General Counsel & Sec, that happened on Aug 27 ’24 when 19166.0 shares were sold. Officer, Schneider Pamela R completed a deal on Aug 27 ’24 to buy 19166.0 shares. Meanwhile, SVP, Global Chief People Offic Jones Angela Y sold 15000.0 shares on May 07 ’24.
