Q1 Earnings Estimate for Acco Brands Issued By Sidoti

Acco Brands Corporation (NYSE:ACCO) – Analysts at Sidoti issued their Q1 2028 earnings per share (EPS) estimates for Acco Brands in a research report issued on Monday, November 2nd. Sidoti analyst G. Burns anticipates that the industrial products company will post earnings of ($0.01) per share for the quarter. The consensus estimate for Acco Brands’ current full-year earnings is $1.00 per share. Sidoti also issued estimates for Acco Brands’ Q2 2028 earnings at $0.34 EPS, Q3 2028 earnings at $0.24 EPS and FY2028 earnings at $0.98 EPS.

Acco Brands (NYSE:ACCO) last released its earnings results on Thursday, October 29th. The industrial products company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Acco Brands had a return on equity of 12.57% and a net margin of 3.74%. The company had revenue of $380.30 million during the quarter, compared to analyst estimates of $383.70 million.

Other analysts also recently issued research reports about the company. Wall Street Zen upgraded Acco Brands from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Weiss Ratings raised Acco Brands from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday. Finally, Barrington Research set a $6.00 target price on shares of Acco Brands in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Acco Brands has a consensus rating of “Hold” and an average target price of $6.00.

Acco Brands Price Performance

ACCO opened at $5.49 on Tuesday. The stock’s 50 day simple moving average is $4.41 and its 200 day simple moving average is $3.97. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.97 and a quick ratio of 1.22. Acco Brands has a 1 year low of $2.81 and a 1 year high of $5.85. The firm has a market cap of $506.97 million, a price-to-earnings ratio of 7.85, a PEG ratio of 0.82 and a beta of 1.20.

Acco Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 9th. Investors of record on Friday, November 20th will be issued a dividend of $0.0750 per share. This represents a $0.30 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date is Friday, November 20th. Acco Brands’s payout ratio is currently 42.86%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ACCO. BlackRock Inc. bought a new position in Acco Brands during the 2nd quarter valued at approximately $36,919,000. Bank of America Corp DE purchased a new stake in Acco Brands in the 2nd quarter worth approximately $4,291,000. Bank of New York Mellon Corp bought a new stake in shares of Acco Brands in the 2nd quarter worth approximately $4,079,000. Empowered Funds LLC bought a new stake in shares of Acco Brands in the 2nd quarter worth approximately $2,290,000. Finally, Squarepoint Ops LLC bought a new stake in shares of Acco Brands in the 2nd quarter worth approximately $1,177,000. Hedge funds and other institutional investors own 84.56% of the company’s stock.

About Acco Brands

ACCO Brands Corporation is a global manufacturer and marketer of consumer and office products. Its portfolio includes supplies and equipment used in workplaces, schools and homes, as well as products designed to support organization, productivity and personal technology.

The company’s brands include Swingline, Kensington, Mead, Five Star, GBC, Quartet and Esselte. Its products include staplers, punches, shredders, laminators, binding systems, presentation supplies, notebooks, planners, backpacks, computer accessories and other workspace and school supplies.

ACCO Brands traces its history to the American Clip Company, founded in 1903.