Brokerages expect ACCO Brands Co. (NYSE:ACCO) to announce earnings per share (EPS) of $0.44 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for ACCO Brands’ earnings. The lowest EPS estimate is $0.43 and the highest is $0.44. ACCO Brands posted earnings of $0.32 per share in the same quarter last year, which suggests a positive year over year growth rate of 37.5%. The business is expected to issue its next quarterly earnings report before the market opens on Wednesday, February 14th.

According to Zacks, analysts expect that ACCO Brands will report full-year earnings of $1.15 per share for the current year, with EPS estimates ranging from $1.14 to $1.15. For the next fiscal year, analysts forecast that the firm will post earnings of $1.34 per share, with EPS estimates ranging from $1.23 to $1.40. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover ACCO Brands.

ACCO Brands (NYSE:ACCO) last released its earnings results on Monday, October 30th. The industrial products company reported $0.35 earnings per share 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 firm had revenue of $532.20 million during the quarter, compared to analyst estimates of $529.65 million. During the same quarter in the previous year, the firm earned $0.29 earnings per share. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year.

Several research firms have recently commented on ACCO. Zacks Investment Research upgraded shares of ACCO Brands from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Tuesday, October 31st. SunTrust Banks restated a “hold” rating and set a $13.00 price target 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 analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. ACCO Brands has a consensus rating of “Buy” and an average target price of $15.00.

ACCO Brands (NYSE:ACCO) traded up $0.10 during mid-day trading on Thursday, reaching $12.80. 297,900 shares of the company’s stock traded hands, compared to its average volume of 345,027. The company has a current ratio of 1.70, a quick ratio of 1.09 and a debt-to-equity ratio of 1.39. ACCO Brands has a 12-month low of $10.35 and a 12-month high of $14.75. The company has a market capitalization of $1,353.20, a price-to-earnings ratio of 22.07, a price-to-earnings-growth ratio of 0.95 and a beta of 1.50.

A number of hedge funds and other institutional investors have recently modified their holdings of ACCO. Vanguard Group Inc. lifted its stake 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 buying an additional 50,566 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of ACCO Brands by 1.2% in the second quarter. Dimensional Fund Advisors LP now owns 9,193,361 shares of the industrial products company’s stock worth $107,102,000 after purchasing an additional 108,304 shares in the last quarter. Royal Bank of Canada lifted its position in shares of ACCO Brands by 5.9% in the second quarter. Royal Bank of Canada now owns 6,122,124 shares of the industrial products company’s stock worth $71,323,000 after purchasing an additional 339,057 shares in the last quarter. Northern Trust Corp lifted its position in shares of ACCO Brands by 9.5% in the second quarter. Northern Trust Corp now owns 2,428,165 shares of the industrial products company’s stock worth $28,288,000 after purchasing an additional 210,786 shares in the last quarter. Finally, Boston Partners lifted its position in shares of ACCO Brands by 6.3% in the third quarter. Boston Partners now owns 1,914,787 shares of the industrial products company’s stock worth $22,786,000 after purchasing an additional 114,308 shares in the last quarter. 91.17% of the stock is owned by institutional investors.

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About ACCO Brands

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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