Equities research analysts expect ACCO Brands Co. (NYSE:ACCO) to announce $0.44 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for ACCO Brands’ earnings, with estimates ranging from $0.43 to $0.44. ACCO Brands posted earnings per share of $0.32 in the same quarter last year, which suggests a positive year-over-year growth rate of 37.5%. The company is expected to report its next quarterly earnings results on Wednesday, February 28th.

According to Zacks, analysts expect that ACCO Brands will report full year earnings of $1.15 per share for the current financial year, with EPS estimates ranging from $1.14 to $1.15. For the next financial year, analysts forecast that the business will report earnings of $1.23 per share, with EPS estimates ranging from $1.20 to $1.25. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that follow ACCO Brands.

ACCO Brands (NYSE:ACCO) last issued its quarterly earnings data on Monday, October 30th. The industrial products company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. ACCO Brands had a net margin of 3.51% and a return on equity of 15.99%. The company had revenue of $532.20 million during the quarter, compared to analysts’ expectations of $529.65 million. During the same quarter in the previous year, the company earned $0.29 earnings per share. ACCO Brands’s revenue for the quarter was up 23.4% on a year-over-year basis.

Several equities research analysts have issued reports on ACCO shares. Zacks Investment Research lowered shares of ACCO Brands from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. SunTrust Banks reiterated a “hold” rating and set a $13.00 target price on shares of ACCO Brands in a research report on Wednesday, November 1st. Finally, BidaskClub upgraded shares of ACCO Brands from a “hold” rating to a “buy” rating in a research report on Friday, October 13th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. ACCO Brands currently has an average rating of “Buy” and a consensus price target of $15.33.

Shares of ACCO Brands (NYSE ACCO) opened at $12.45 on Friday. ACCO Brands has a 1 year low of $10.35 and a 1 year high of $14.75. The stock has a market cap of $1,315.91, a P/E ratio of 12.11, a price-to-earnings-growth ratio of 1.08 and a beta of 1.49. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.09 and a current ratio of 1.70.

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in ACCO Brands by 0.5% during the second quarter. Vanguard Group Inc. now owns 9,716,711 shares of the industrial products company’s stock valued at $113,200,000 after purchasing an additional 50,566 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of ACCO Brands by 1.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 9,193,361 shares of the industrial products company’s stock worth $107,102,000 after acquiring an additional 108,304 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of ACCO Brands by 1.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,126,210 shares of the industrial products company’s stock worth $83,019,000 after acquiring an additional 89,746 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of ACCO Brands by 5.9% in the 2nd quarter. Royal Bank of Canada now owns 6,122,124 shares of the industrial products company’s stock worth $71,323,000 after acquiring an additional 339,057 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of ACCO Brands by 9.5% in the 2nd quarter. Northern Trust Corp now owns 2,428,165 shares of the industrial products company’s stock worth $28,288,000 after acquiring an additional 210,786 shares during the last quarter. Institutional investors and hedge funds own 91.19% of the company’s stock.

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ACCO Brands Company Profile

ACCO Brands Corporation is engaged in designing, marketing and manufacturing of branded business, academic and selected consumer products. The Company operates through three segments: ACCO Brands North America, ACCO Brands International and Computer Products Group. 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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