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.
ACCO was given price targets by several analysts. The most optimistic price target was 18, implying potential capital gains of 51.9 percent. The most pessimistic price target was 14, implying potential capital losses of 18.14 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -6.85 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of ACCO to grow at a rate of 25.41 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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. ACCO has a PEG ratio of 0.54.
ACCO has a 52-week high of 14.75 and a 52-week low of 9.06. Today's price is 30.79 percent above the 52-week low, and 19.66 percent lower than its 52-week high. ACCO has a price/earnings 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.