Analyst Ratings for ACCO Brands Corp. (ACCO)Updated: 2017-07-29
An average rating of Overweight has been given to ACCO Brands Corp. (NYSE:ACCO) by analysts covering the stock. A consensus rating of Overweight was previously issued for ACCO last month.
2 analysts declared ACCO a buy, 1 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for ACCO. The maximum price target given was 18, implying a possible profit of 51.9 percent. The minimum price target given was 14, which equates to a potential downside of 18.14 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -6.85 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.4 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of ACCO to grow at a rate of 25.41 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ACCO is 0.54.
In the trailing 52-weeks, ACCO hit 14.75 at the highest peak, while it's lowest trading point was 9.06. Today's price is 30.79 percent above the 52-week low, and below the high by 19.66 percent. ACCO has a P/E ratio of 13.62. Investors typically compare the P/E ratio to a company's peers in the industry. The ACCO value stock report compares ACCO to some of its peers using value stock charts. The market cap of ACCO is $1.3 billion. ACCO will post this quarters earnings in days, on 0000-00-00.