From what 5 stock analysts predict, the share price for ACCO Brands Corp (ACCO) might increase by 102.85% in the next year. This is based on a 12-month average estimation for ACCO. Price targets go from $7 to $13. The majority of stock analysts believe ACCO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
ACCO is a stock in Industrials which has been forecasted to be worth $10.67 as an average. On the higher end, the forecast price is $13 USD by from and on the lower end ACCO is forecasted to be $7 by Kevin Steinke from Barrington Research.
These are the latest 20 analyst ratings of ACCO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Barrington Research | Outperform | Maintains | Sep 5, 2024 | |
Kevin Steinke Barrington Research | Outperform | $7 | Maintains | Sep 4, 2024 |
Kevin Steinke Barrington Research | Outperform | $7 | Maintains | Jun 6, 2024 |
Kevin Steinke Barrington Research | Outperform | $7.5 | Reiterates | Feb 29, 2024 |
Kevin Steinke Barrington Research | Outperform | $7.5 | Maintains | Dec 4, 2023 |
Kevin Steinke Barrington Research | Outperform | $8 | Reiterates | Aug 21, 2023 |
Kevin Steinke Barrington Research | Outperform | $8 | Reiterates | Jun 2, 2023 |
Kevin Steinke Barrington Research | Outperform | $8 | Maintains | Mar 22, 2023 |
Hamed Khorsand BWS Financial | Neutral | $6 | Downgrade | Feb 14, 2023 |
Edward Yruma Keybanc | Overweight | $12 | Upgrade | Nov 12, 2020 |
KeyBanc | Overweight | Upgrade | Nov 12, 2020 | |
Barclays | Equal-Weight | $8 | Maintains | Feb 12, 2015 |
Barrington Research | Outperform | $9 | Maintains | Nov 3, 2014 |
Keybanc | Hold | Downgrade | Oct 30, 2014 | |
KeyBanc | Hold | Downgrade | Oct 30, 2014 | |
Barclays | Equal-Weight | $9 | Maintains | Oct 30, 2014 |
CJS Securities | Market Perform | $8 | Downgrade | Oct 31, 2013 |
Credit Suisse | Neutral | Downgrade | Jul 3, 2013 | |
Sidoti & Co. | Buy | Initiates | Apr 18, 2013 | |
Barclays | Equal-Weight | Initiates | Jan 18, 2013 |
When did it IPO
2005
Staff Count
5,600
Country
United States
Sector/Industry
Industrials/Business Equipment & Supplies
CEO
Mr. Thomas W. Tedford
Market Cap
$502.5M
In 2023, ACCO generated $1.83B in revenue, which was a decrease of -5.89% from the previous year. This can be seen as a signal that ACCO's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - ACCO Brands Corporation (NYSE: ACCO) released its 2023 ESG Report, emphasizing its commitment to ethical standards and responsible operations in the global community.
Why It Matters - ACCO Brands' ESG report signals its commitment to ethical practices and sustainability, which can enhance brand reputation, attract socially-conscious investors, and potentially drive long-term growth.
Summary - ACCO Brands is experiencing declines in revenue, profits, and cash flows but is priced attractively. Management anticipates better performance in the second half of the year.
Why It Matters - Declining financials raise concerns, but attractive pricing and management's optimistic outlook for recovery may present a buying opportunity for investors seeking growth.
Summary - Two new controller models, OPS v1 and OPS v3 Pro, launched for PC and Cloud gamers, priced from $49.99.
Why It Matters - The launch of new controller models may boost sales for the company, indicating potential revenue growth and market competitiveness, which can positively impact stock performance.
Summary - ACCO Brands Corporation (NYSE: ACCO) will hold its Q2 2024 earnings conference call on August 2, 2024, at 8:30 AM ET, featuring key executives and analysts.
Why It Matters - The earnings conference call signals upcoming insights into ACCO Brands' financial performance, which can influence stock price and investor sentiment.
Summary - ACCO Brands has released its second quarter financial results, providing insights into the company's performance for investors. Further details may be available in the full report.
Why It Matters - ACCO Brands' second quarter results can impact stock performance, revealing financial health, growth potential, and market positioning, influencing investor sentiment and decisions.
Summary - Acco Brands (ACCO) reported Q3 earnings of $0.37 per share, surpassing the Zacks estimate of $0.31, but down from $0.38 per share year-over-year.
Why It Matters - Acco Brands' earnings beat estimates, indicating stronger performance than expected. However, a decline from last year's earnings may raise concerns about future growth and profitability.