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.
Several price targets were given for ACCO by the analysts covering the stock. The maximum price target given was 18, implying a possible profit of 51.9 percent. The minimum price target given was 14, implying potential capital losses 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -6.85 percent if we expand the time horizon to include the past 3 months instead of just one. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
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. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. 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. Currently the stock is 30.79 percent higher than its low, and 19.66 percent below the 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 stock has a market capitalization of $1.3 billion. ACCO will post this quarters earnings in days, on 0000-00-00.