On Monday, Acco Brands Corporation (NYSE: ACCO) was -1.93% drop from the session before settling in for the closing price of $5.19. A 52-week range for ACCO has been $4.36 – $6.62.
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A company in the Industrials sector has dropped its sales by -0.40% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -4.28%. With a float of $92.07 million, this company’s outstanding shares have now reached $94.93 million.
In an organization with 5600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 32.08%, operating margin of 2.23%, and the pretax margin is -10.64%.
Acco Brands Corporation (ACCO) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Acco Brands Corporation stocks. The insider ownership of Acco Brands Corporation is 3.90%, while institutional ownership is 83.31%. The most recent insider transaction that took place on Aug 27 ’24, was worth 104,811. In this transaction Sr VP, General Counsel & Sec of this company sold 19,166 shares at a rate of $5.47, taking the stock ownership to the 243,899 shares. Before that another transaction happened on Aug 27 ’24, when Company’s Officer proposed sale 19,166 for $5.45, making the entire transaction worth $104,455.
Acco Brands Corporation (ACCO) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.24 earnings per share (EPS) during the time that was better than consensus figure (set at 0.23) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.28% per share during the next fiscal year.
Acco Brands Corporation (NYSE: ACCO) Trading Performance Indicators
You can see what Acco Brands Corporation (ACCO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28. Likewise, its price to free cash flow for the trailing twelve months is 3.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.83, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.20 in one year’s time.
Technical Analysis of Acco Brands Corporation (ACCO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.48 million. That was inferior than the volume of 0.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 54.25%. Additionally, its Average True Range was 0.12.
During the past 100 days, Acco Brands Corporation’s (ACCO) raw stochastic average was set at 62.23%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.52% in the past 14 days, which was lower than the 31.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.26, while its 200-day Moving Average is $5.30. However, in the short run, Acco Brands Corporation’s stock first resistance to watch stands at $5.19. Second resistance stands at $5.29. The third major resistance level sits at $5.34. If the price goes on to break the first support level at $5.04, it is likely to go to the next support level at $4.99. Assuming the price breaks the second support level, the third support level stands at $4.89.
Acco Brands Corporation (NYSE: ACCO) Key Stats
There are 95,600K outstanding shares of the company, which has a market capitalization of 487.62 million. As of now, sales total 1,833 M while income totals -21,800 K. Its latest quarter income was 438,300 K while its last quarter net income were -125,200 K.
