ACCO Brands (NYSE:ACCO) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS

ACCO Brands (NYSE:ACCO) posted its quarterly earnings data on Thursday. The industrial products company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.01), Zacks reports. ACCO Brands had a negative net margin of 10.64% and a positive return on equity of 14.30%. ACCO Brands updated its Q1 2025 guidance to -0.050–0.030 EPS and its FY 2025 guidance to 1.000-1.050 EPS.

ACCO Brands Trading Down 0.3 %

Shares of NYSE ACCO traded down $0.02 during mid-day trading on Thursday, reaching $5.55. 874,017 shares of the company’s stock were exchanged, compared to its average volume of 617,891. The company’s 50-day moving average is $5.29 and its 200-day moving average is $5.37. ACCO Brands has a 52-week low of $4.36 and a 52-week high of $6.49. The firm has a market capitalization of $515.02 million, a price-to-earnings ratio of -2.93, a PEG ratio of 0.42 and a beta of 1.68. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.94 and a current ratio of 1.60.

ACCO Brands Announces Dividend

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

Wall Street Analyst Weigh In

ACCO has been the subject of several recent research reports. Barrington Research increased their price objective on ACCO Brands from $7.00 to $7.50 and gave the company an “outperform” rating in a research note on Friday, November 22nd. StockNews.com downgraded ACCO Brands from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 20th.

About ACCO Brands

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.