What is Sidoti Csr’s Forecast for Acco Brands Q1 Earnings?

by · The Markets Daily

Acco Brands Corporation (NYSE:ACCO – Free Report) – Stock analysts at Sidoti Csr raised their Q1 2027 EPS estimates for shares of Acco Brands in a research report issued to clients and investors on Tuesday, December 23rd. Sidoti Csr analyst G. Burns now expects that the industrial products company will post earnings per share of $0.03 for the quarter, up from their previous forecast of $0.02. The consensus estimate for Acco Brands’ current full-year earnings is $1.02 per share. Sidoti Csr also issued estimates for Acco Brands’ Q2 2027 earnings at $0.39 EPS, Q3 2027 earnings at $0.28 EPS and FY2027 earnings at $1.15 EPS.

Acco Brands (NYSE:ACCO – Get Free Report) last released its quarterly earnings results on Friday, March 15th. The industrial products company reported $0.32 earnings per share for the quarter. Acco Brands had a net margin of 2.63% and a return on equity of 12.96%. The firm had revenue of $499.40 million for the quarter.

Several other research analysts have also issued reports on ACCO. Wall Street Zen lowered shares of Acco Brands from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings restated a “sell (d+)” rating on shares of Acco Brands in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $6.00.

Get Our Latest Stock Report on ACCO

Acco Brands Stock Down 0.4%

ACCO stock opened at $3.66 on Wednesday. The company has a current ratio of 1.68, a quick ratio of 0.96 and a debt-to-equity ratio of 1.30. Acco Brands has a 1-year low of $3.20 and a 1-year high of $5.68. The stock has a market cap of $329.46 million, a price-to-earnings ratio of 8.70, a price-to-earnings-growth ratio of 0.44 and a beta of 1.12. The company’s 50 day moving average is $3.65 and its 200 day moving average is $3.78.

Acco Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 21st were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 8.2%. The ex-dividend date was Friday, November 21st. Acco Brands’s dividend payout ratio (DPR) is presently 71.43%.

Hedge Funds Weigh In On Acco Brands

Several large investors have recently modified their holdings of the stock. Capital Management Corp VA lifted its position in Acco Brands by 29.8% in the 2nd quarter. Capital Management Corp VA now owns 5,911,581 shares of the industrial products company’s stock valued at $21,163,000 after acquiring an additional 1,358,811 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in Acco Brands by 14.3% during the second quarter. Allspring Global Investments Holdings LLC now owns 7,288,508 shares of the industrial products company’s stock valued at $27,988,000 after purchasing an additional 910,009 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Acco Brands by 102.5% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,550,367 shares of the industrial products company’s stock valued at $5,550,000 after buying an additional 784,826 shares in the last quarter. CSM Advisors LLC bought a new position in shares of Acco Brands in the second quarter worth approximately $2,638,000. Finally, American Century Companies Inc. boosted its holdings in Acco Brands by 21.7% in the 1st quarter. American Century Companies Inc. now owns 2,517,282 shares of the industrial products company’s stock worth $10,547,000 after buying an additional 449,358 shares during the period. Hedge funds and other institutional investors own 84.56% of the company’s stock.

About Acco Brands

(Get Free Report)

Acco Brands Corporation is a global provider of branded office and school supplies, serving consumers, educational institutions and commercial customers. Headquartered in Lake Zurich, Illinois, the company designs, manufactures and distributes a wide range of products that enhance productivity and organization in work and learning environments.

The company’s portfolio includes staplers, hole punches, binding and laminating systems, writing tools, binders, folders and desktop accessories under well-known names such as ACCO, Swingline, GBC, Kensington, Mead and Five Star.

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