ACCO Brands Corp (NYSE: ACCO) has reported E.P.S. of $0.10 for its third fiscal quarter (ending September 30) versus $0.16 for the same period a year ago — a decline of -38%. For the latest four quarters through September 30, E.P.S. were $-1.89 versus $0.60 for the same period a year ago — a decline of -415%.
Recent Price Action
ACCO Brands Corp (NYSE: ACCO) stock declined modestly by -1.4% on 10/31/24. The stock closed at $4.90. This decline was accompanied by normal trading volume. The stock has risen 0.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ACCO is expected to continue to be an important Value Builder.
ACCO Brands has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. ACCO Brands has a good Appreciation Score of 84 but a slightly negative Power Rating of 36, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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