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 highest price target was 18, implying potential capital gains of 51.9 percent. The minimum price target given was 14, implying potential capital losses of 18.14 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of ACCO's earnings is estimated by analysts to be 25.41 percent. People on Wall Street often look at a company's 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. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. ACCO has a PEG ratio of 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.