ACCO Brands (ACCO) Projected to Post Quarterly Earnings on Thursday

ACCO Brands (NYSE:ACCO) is anticipated to announce its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $455.06 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

ACCO Brands Trading Down 1.9 %

NYSE ACCO opened at $5.55 on Thursday. ACCO Brands has a 1-year low of $4.36 and a 1-year high of $6.55. The company has a current ratio of 1.60, a quick ratio of 0.94 and a debt-to-equity ratio of 1.38. The stock has a 50-day moving average of $5.29 and a 200-day moving average of $5.37. The firm has a market cap of $515.03 million, a PE ratio of -2.93, a price-to-earnings-growth ratio of 0.40 and a beta of 1.68.

ACCO Brands Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Friday, March 14th will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date is Friday, March 14th. ACCO Brands’s dividend payout ratio (DPR) is presently -15.87%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ACCO shares. StockNews.com lowered ACCO Brands from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 20th. Barrington Research boosted their target price on ACCO Brands from $7.00 to $7.50 and gave the company an “outperform” rating in a research note on Friday, November 22nd.

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.