Acco Brands Number Of Shares Shorted vs. Cash And Equivalents

ACCO Stock  USD 5.04  0.01  0.20%   
Based on Acco Brands' profitability indicators, Acco Brands may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in June. Profitability indicators assess Acco Brands' ability to earn profits and add value for shareholders. At this time, Acco Brands' Price To Sales Ratio is very stable compared to the past year. As of the 24th of May 2024, Price Sales Ratio is likely to grow to 0.51, while Days Sales Outstanding is likely to drop 62.22. At this time, Acco Brands' Net Income From Continuing Ops is very stable compared to the past year. As of the 24th of May 2024, Non Operating Income Net Other is likely to grow to about 25.6 M, though Accumulated Other Comprehensive Income is likely to grow to (500 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.390.3264
Fairly Up
Pretty Stable
Operating Profit Margin0.02320.0244
Notably Down
Slightly volatile
For Acco Brands profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Acco Brands to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Acco Brands utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Acco Brands's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Acco Brands over time as well as its relative position and ranking within its peers.
  
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Is Acco Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Acco Brands. If investors know Acco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Acco Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
0.3
Earnings Share
(0.26)
Revenue Per Share
18.734
Quarterly Revenue Growth
(0.11)
The market value of Acco Brands is measured differently than its book value, which is the value of Acco that is recorded on the company's balance sheet. Investors also form their own opinion of Acco Brands' value that differs from its market value or its book value, called intrinsic value, which is Acco Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Acco Brands' market value can be influenced by many factors that don't directly affect Acco Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Acco Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acco Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acco Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Acco Brands Cash And Equivalents vs. Number Of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Acco Brands's current stock value. Our valuation model uses many indicators to compare Acco Brands value to that of its competitors to determine the firm's financial worth.
Acco Brands is rated fourth in number of shares shorted category among related companies. It is rated below average in cash and equivalents category among related companies creating about  32.24  of Cash And Equivalents per Number Of Shares Shorted. Comparative valuation analysis is a catch-all model that can be used if you cannot value Acco Brands by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Acco Brands' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Acco Brands' earnings, one of the primary drivers of an investment's value.

Acco Brands' Earnings Breakdown by Geography

Acco Cash And Equivalents vs. Number Of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Acco Brands

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
2.42 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Acco Brands

Cash

 = 

Bank Deposits

+

Liquidities

 = 
78 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Acco Cash And Equivalents Comparison

Acco Brands is currently under evaluation in cash and equivalents category among related companies.

Acco Brands Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Acco Brands, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Acco Brands will eventually generate negative long term returns. The profitability progress is the general direction of Acco Brands' change in net profit over the period of time. It can combine multiple indicators of Acco Brands, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-526.3 M-500 M
Operating Income44.7 M42.5 M
Income Before Tax-13.1 M-12.4 M
Total Other Income Expense Net-121.2 M-115.1 M
Net Loss-21.8 M-20.7 M
Income Tax Expense8.7 M8.3 M
Net Loss-15.2 M-14.4 M
Net Income From Continuing Ops56.4 M69.5 M
Non Operating Income Net Other24.4 M25.6 M
Interest Income7.5 M6.1 M
Net Interest Income-49.7 M-52.2 M
Change To Netincome111.4 M117 M
Net Loss(0.23)(0.22)
Income Quality(5.90)(5.61)
Net Income Per E B T 1.66  1.75 

Acco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Acco Brands. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Acco Brands position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Acco Brands' important profitability drivers and their relationship over time.

Use Acco Brands in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acco Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acco Brands will appreciate offsetting losses from the drop in the long position's value.

Acco Brands Pair Trading

Acco Brands Pair Trading Analysis

The ability to find closely correlated positions to Acco Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acco Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acco Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acco Brands to buy it.
The correlation of Acco Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acco Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acco Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acco Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Acco Brands position

In addition to having Acco Brands in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

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Obamacare
Obamacare Theme
Health care services and providers including hospitals, clinics and nursing homes that hope to benefit from Obamacare program. The Obamacare theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Obamacare Theme or any other thematic opportunities.
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When determining whether Acco Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acco Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acco Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acco Brands Stock:
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To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.
Note that the Acco Brands information on this page should be used as a complementary analysis to other Acco Brands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Acco Brands' price analysis, check to measure Acco Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acco Brands is operating at the current time. Most of Acco Brands' value examination focuses on studying past and present price action to predict the probability of Acco Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acco Brands' price. Additionally, you may evaluate how the addition of Acco Brands to your portfolios can decrease your overall portfolio volatility.
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To fully project Acco Brands' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Acco Brands at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Acco Brands' income statement, its balance sheet, and the statement of cash flows.
Potential Acco Brands investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Acco Brands investors may work on each financial statement separately, they are all related. The changes in Acco Brands's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Acco Brands's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.