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.
Many analysts weighed in on 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. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. 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. Currently the stock is 30.79 percent higher than its low, and 19.66 percent lower than its 52-week high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.