Noble Financial Forecasts ACCO Brands Q1 Earnings

ACCO Brands Co. (NYSE:ACCO) – Investment analysts at Noble Financial issued their Q1 2025 earnings estimates for ACCO Brands in a report released on Monday, November 4th. Noble Financial analyst J. Gomes forecasts that the industrial products company will post earnings of $0.04 per share for the quarter. The consensus estimate for ACCO Brands’ current full-year earnings is $1.04 per share. Noble Financial also issued estimates for ACCO Brands’ FY2025 earnings at $1.14 EPS.

ACCO Brands (NYSE:ACCO) last released its earnings results on Thursday, October 31st. The industrial products company reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. ACCO Brands had a negative net margin of 10.64% and a positive return on equity of 14.30%. The firm had revenue of $420.90 million during the quarter, compared to analysts’ expectations of $418.20 million. During the same period in the previous year, the company earned $0.24 EPS. ACCO Brands’s revenue for the quarter was down 6.0% on a year-over-year basis.

Several other analysts have also recently commented on ACCO. StockNews.com upgraded ACCO Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 10th. Barrington Research restated an “outperform” rating and issued a $7.00 target price on shares of ACCO Brands in a report on Wednesday, September 4th.

ACCO Brands Trading Up 0.2 %

Shares of NYSE:ACCO opened at $6.07 on Wednesday. The business has a fifty day simple moving average of $5.27 and a 200-day simple moving average of $5.05. ACCO Brands has a 52 week low of $4.36 and a 52 week high of $6.62. The company has a quick ratio of 1.09, a current ratio of 1.60 and a debt-to-equity ratio of 1.38.

Hedge Funds Weigh In On ACCO Brands

Hedge funds have recently made changes to their positions in the business. nVerses Capital LLC boosted its position in ACCO Brands by 68.3% during the 3rd quarter. nVerses Capital LLC now owns 6,900 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 2,800 shares during the period. Somerset Trust Co purchased a new stake in shares of ACCO Brands in the second quarter worth about $57,000. Innealta Capital LLC acquired a new stake in shares of ACCO Brands in the first quarter valued at about $65,000. SG Americas Securities LLC purchased a new stake in shares of ACCO Brands during the 1st quarter valued at about $71,000. Finally, Paloma Partners Management Co acquired a new position in ACCO Brands during the 1st quarter worth approximately $74,000. Hedge funds and other institutional investors own 84.56% of the company’s stock.

Insider Buying and Selling at ACCO Brands

In other news, SVP Pamela R. Schneider sold 19,166 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $5.47, for a total value of $104,838.02. Following the transaction, the senior vice president now directly owns 243,899 shares in the company, valued at $1,334,127.53. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 7.30% of the stock is owned by company insiders.

ACCO Brands Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Investors of record on Friday, November 15th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date of this dividend is Friday, November 15th. ACCO Brands’s payout ratio is currently -15.87%.

ACCO Brands Company Profile

ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides computer and gaming accessories, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; sheet protectors and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools.