Acco Brands (NYSE:ACCO) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Acco Brands Corporation (NYSE:ACCO – Get Free Report) crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $4.38 and traded as high as $5.50. Acco Brands shares last traded at $5.48, with a volume of 5,456,482 shares changing hands.

Key Acco Brands News

Here are the key news stories impacting Acco Brands this week:

  • Positive Sentiment: Adjusted earnings beat expectations. ACCO reported third-quarter adjusted EPS of $0.28, well above the $0.19 analyst consensus and up from $0.21 a year earlier. Operating income increased to $30.3 million from $26.0 million. ACCO Brands Tops Q3 Earnings Estimates
  • Positive Sentiment: Guidance was raised. ACCO now expects full-year reported sales growth of 4% to 6% and adjusted EPS of $0.98 to $1.02. The outlook includes a $0.12-per-share benefit from tariff refunds, while the Trust acquisition is expected to provide additional sales growth. ACCO Brands Third-Quarter Earnings Results
  • Positive Sentiment: Tariff refunds and the Trust acquisition boosted the outlook. Net tariff refunds contributed $15.1 million to third-quarter operating income, or $0.11 per diluted share. ACCO also completed its Trust acquisition on October 1, expanding the company’s growth platform. Year-to-date free cash flow was $89 million, and cash totaled $174.7 million at quarter-end. ACCO Brands Reports Third-Quarter Results and Closes Trust Acquisition
  • Neutral Sentiment: Underlying sales were largely flat. Revenue declined 0.9% year over year to $380.3 million and was slightly below the $383.7 million consensus estimate. This suggests that the earnings beat and improved outlook were driven partly by cost performance, tariff refunds and acquisition benefits rather than broad organic sales growth. ACCO Brands Reports Third-Quarter Sales and EPS
  • Negative Sentiment: Some investors may view the earnings quality as less durable. The quarter benefited materially from one-time tariff refunds, while ACCO carries meaningful leverage with a debt-to-equity ratio of 1.30. A recent insider share sale also provides a modest cautionary signal, although it does not establish a broader change in management’s outlook.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ACCO shares. Barrington Research set a $6.00 target price on shares of Acco Brands in a research note on Wednesday, August 5th. Weiss Ratings upgraded Acco Brands from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, September 24th. Finally, Wall Street Zen upgraded shares of Acco Brands from a “buy” rating to a “strong-buy” rating in a research note on Saturday. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $6.00.

Check Out Our Latest Report on Acco Brands

Acco Brands Stock Performance

The stock has a market capitalization of $505.86 million, a price-to-earnings ratio of 7.83, a PEG ratio of 1.04 and a beta of 1.20. The company’s 50-day simple moving average is $4.38 and its 200-day simple moving average is $3.96. The company has a current ratio of 1.97, a quick ratio of 1.22 and a debt-to-equity ratio of 1.30.

Acco Brands (NYSE:ACCO – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The industrial products company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. The firm had revenue of $380.30 million for the quarter, compared to analyst estimates of $383.70 million. Acco Brands had a return on equity of 13.54% and a net margin of 4.23%. On average, analysts expect that Acco Brands Corporation will post 1.00 EPS for the current year.

Acco Brands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 9th. Investors of record on Friday, November 20th will be given a dividend of $0.0750 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a $0.30 annualized dividend and a dividend yield of 5.5%. Acco Brands’s payout ratio is presently 48.39%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Legal & General Group Plc bought a new position in shares of Acco Brands in the second quarter worth about $37,000. Burns Matteson Capital Management LLC bought a new stake in shares of Acco Brands in the third quarter worth about $52,000. Sequoia Financial Advisors LLC purchased a new stake in shares of Acco Brands during the 1st quarter worth approximately $37,000. AXQ Capital LP bought a new position in Acco Brands during the second quarter valued at $59,000. Finally, Quantinno Capital Management LP purchased a new position in Acco Brands in the first quarter worth about $60,000. 84.56% of the stock is owned by hedge funds and other institutional investors.

Acco Brands Company Profile

(Get Free Report)

ACCO Brands Corporation is a global manufacturer and marketer of consumer and office products. Its portfolio includes supplies and equipment used in workplaces, schools and homes, as well as products designed to support organization, productivity and personal technology.

The company’s brands include Swingline, Kensington, Mead, Five Star, GBC, Quartet and Esselte. Its products include staplers, punches, shredders, laminators, binding systems, presentation supplies, notebooks, planners, backpacks, computer accessories and other workspace and school supplies.

ACCO Brands traces its history to the American Clip Company, founded in 1903.

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