Somewhat Positive Media Coverage Somewhat Unlikely to Affect Acco Brands Corporation (ACCO) Stock Price

Media stories about Acco Brands Corporation (NYSE:ACCO) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Acco Brands Corporation earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.6739272453483 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media headlines that may have impacted Accern’s rankings:

Acco Brands Corporation (NYSE:ACCO) opened at $12.75 on Tuesday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.09 and a current ratio of 1.70. Acco Brands Corporation has a 12 month low of $10.35 and a 12 month high of $14.75. The stock has a market cap of $1,369.18, a price-to-earnings ratio of 12.60, a P/E/G ratio of 1.12 and a beta of 1.52.

Acco Brands Corporation (NYSE:ACCO) last released its quarterly earnings data on Monday, October 30th. The industrial products company reported $0.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.02. The firm had revenue of $532.20 million for the quarter, compared to the consensus estimate of $529.65 million. Acco Brands Corporation had a net margin of 3.51% and a return on equity of 15.99%. The business’s revenue was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.29 earnings per share. analysts predict that Acco Brands Corporation will post 1.15 EPS for the current year.

Several equities research analysts have weighed in on ACCO shares. Zacks Investment Research lowered shares of Acco Brands Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. BidaskClub upgraded shares of Acco Brands Corporation from a “hold” rating to a “buy” rating in a report on Friday, October 13th. SunTrust Banks, Inc. restated a “hold” rating and set a $13.00 price objective on shares of Acco Brands Corporation in a report on Wednesday, November 1st. Finally, ValuEngine cut shares of Acco Brands Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $15.33.

TRADEMARK VIOLATION WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Acco Brands Corporation (ACCO) Stock Price” was first published by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this story on another website, it was illegally stolen and reposted in violation of US and international copyright legislation. The correct version of this story can be accessed at

In other news, insider Gregory J. Mccormack sold 25,000 shares of the stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $10.95, for a total value of $273,750.00. Following the completion of the sale, the insider now owns 63,889 shares in the company, valued at $699,584.55. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 4.50% of the company’s stock.

Acco Brands Corporation Company Profile

ACCO Brands Corporation is engaged in designing, marketing and manufacturing of branded business, academic and selected consumer products. The Company operates through three segments: ACCO Brands North America, ACCO Brands International and Computer Products Group. The Company’s brands include Artline, AT-A-GLANCE, Derwent, Esselte, Five Star, GBC, Hilroy, Kensington, Leitz, Marbig, Mead, NOBO, Quartet, Rapid, Rexel, Swingline, Tilibra and Wilson Jones.

Insider Buying and Selling by Quarter for Acco Brands Corporation (NYSE:ACCO)

Receive News & Ratings for Acco Brands Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acco Brands Corporation and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply