News stories about ACCO Brands (NYSE:ACCO) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. ACCO Brands earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.9291044515333 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
ACCO Brands (NYSE:ACCO) opened at $12.80 on Friday. ACCO Brands has a fifty-two week low of $10.35 and a fifty-two week high of $14.75. The company has a quick ratio of 1.09, a current ratio of 1.70 and a debt-to-equity ratio of 1.39. The stock has a market capitalization of $1,363.85, a PE ratio of 22.07, a PEG ratio of 0.96 and a beta of 1.50.
ACCO Brands (NYSE:ACCO) last posted its quarterly earnings data on Monday, October 30th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. ACCO Brands had a return on equity of 15.99% and a net margin of 3.51%. The firm had revenue of $532.20 million during the quarter, compared to analysts’ expectations of $529.65 million. During the same period in the prior year, the business earned $0.29 EPS. The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. research analysts anticipate that ACCO Brands will post 1.15 earnings per share for the current fiscal year.
ACCO has been the subject of a number of research reports. Zacks Investment Research upgraded ACCO Brands from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Tuesday, October 3rd. BidaskClub upgraded ACCO Brands from a “hold” rating to a “buy” rating in a report on Friday, October 13th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $13.00 price objective on shares of ACCO Brands in a report on Wednesday, November 1st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $15.00.
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ACCO Brands Company Profile
ACCO Brands Corporation is engaged in designing, marketing and manufacturing of branded business, academic and selected consumer products. The Company operates through three segments: ACCO Brands North America, ACCO Brands International and Computer Products Group. The Company’s brands include Artline, AT-A-GLANCE, Derwent, Esselte, Five Star, GBC, Hilroy, Kensington, Leitz, Marbig, Mead, NOBO, Quartet, Rapid, Rexel, Swingline, Tilibra and Wilson Jones.
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