Acco Brands Stock Today
| ACCO Stock | USD 4.84 0.14 2.81% |
Performance0 of 100
| Odds Of DistressLess than 38
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Acco Brands is selling at 4.84 as of the 24th of April 2024; that is -2.81 percent decrease since the beginning of the trading day. The stock's open price was 4.98. Acco Brands has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Acco Brands are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Commercial & Professional Services | IPO Date 17th of August 2005 | Category Industrials |
ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. ACCO Brands Corporation was founded in 1893 and is headquartered in Lake Zurich, Illinois. Acco Brands operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. The company has 94.93 M outstanding shares of which 1.53 M shares are presently shorted by private and institutional investors with about 1.64 trading days to cover. More on Acco Brands
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Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Acco Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Acco Brands' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Acco Brands or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Boris Elisman | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Commercial Services & Supplies, Commercial & Professional Services, Industrials, NYSE Composite, Office Supplies, Books, Printing and Publishing, Industrials, Commercial Services & Supplies, Business Equipment & Supplies, Industrials (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Acco Brands report their recommendations after researching Acco Brands' financial statements, talking to executives and customers, or listening in on Acco Brands' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Acco Brands. The Acco consensus assessment is calculated by taking the average forecast from all of the analysts covering Acco Brands. | |||||
Acco Brands' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Acco Brands' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Acco Brands' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Acco Brands' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Acco Brands' financial leverage. It provides some insight into what part of Acco Brands' total assets is financed by creditors.
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Acco Brands (ACCO) is traded on New York Stock Exchange in USA. It is located in Four Corporate Drive, Lake Zurich, IL, United States, 60047 and employs 5,600 people. Acco Brands is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 472.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Acco Brands's market, we take the total number of its shares issued and multiply it by Acco Brands's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Acco Brands conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 94.93 M outstanding shares of which 1.53 M shares are presently shorted by private and institutional investors with about 1.64 trading days to cover.
Acco Brands currently holds about 78 M in cash with 128.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83.
Check Acco Brands Probability Of Bankruptcy
Ownership AllocationAcco Brands holds a total of 94.93 Million outstanding shares. The majority of Acco Brands outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Acco Brands to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Acco Brands. Please pay attention to any change in the institutional holdings of Acco Brands as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Acco Ownership Details
Acco Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Acco Brands jumping above the current price in 90 days from now is over 95.22%. The Acco Brands probability density function shows the probability of Acco Brands stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.8448. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Acco Brands will likely underperform. Additionally, acco Brands has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Acco Brands to move above the current price in 90 days from now is over 95.22 (This Acco Brands probability density function shows the probability of Acco Stock to fall within a particular range of prices over 90 days) .
Acco Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Acco Brands that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Acco Brands' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Acco Brands' value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.7 M | |
| Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 1.6 M | |
| Millennium Management Llc | 2023-12-31 | 1.5 M | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 1.4 M | |
| Medina Singh Partners, Llc | 2023-12-31 | 1.4 M | |
| Aqr Capital Management Llc | 2023-12-31 | 1.3 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.2 M | |
| Assenagon Asset Management Sa | 2023-12-31 | 1.1 M | |
| Ameriprise Financial Inc | 2023-12-31 | 1 M | |
| Vanguard Group Inc | 2023-12-31 | 9.2 M | |
| Blackrock Inc | 2023-12-31 | 7.5 M |
Acco Brands Historical Income Statement
Acco Brands Income Statement is one of the three primary financial statements used for reporting Acco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Acco Brands revenue and expense. Acco Brands Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Acco Brands' Net Income From Continuing Ops is very stable compared to the past year. As of the 24th of April 2024, Non Recurring is likely to grow to about 130.8 M, while Depreciation And Amortization is likely to drop about 51.2 M. View More FundamentalsAcco Stock Against Markets
Picking the right benchmark for Acco Brands stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Acco Brands stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Acco Brands is critical whether you are bullish or bearish towards Acco Brands at a given time. Please also check how Acco Brands' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Acco Brands without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Acco Brands Corporate Directors
Acco Brands corporate directors refer to members of an Acco Brands board of directors. The board of directors generally takes responsibility for the Acco Brands' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Acco Brands' board members must vote for the resolution. The Acco Brands board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Robert Jenkins | Independent Director | Profile | |
| Pradeep Jotwani | Independent Director | Profile | |
| Kathleen Dvorak | Independent Director | Profile | |
| George Bayly | Independent Director | Profile |
How to buy Acco Stock?
Before investing in Acco Brands, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Acco Brands. To buy Acco Brands stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Acco Brands. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Acco Brands stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Acco Brands stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Acco Brands stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Acco Brands, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Acco Stock please use our How to Invest in Acco Brands guide.
Already Invested in Acco Brands?
The danger of trading Acco Brands is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Acco Brands is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Acco Brands. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Acco Brands is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Acco Stock analysis
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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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 (0.23) | Revenue Per Share 19.232 | Quarterly Revenue Growth (0.02) |
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.