Acco Brands Corporation (NYSE: ACCO) is -24.74% lower on its value in year-to-date trading and has touched a low of $3.32 and a high of $6.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ACCO stock was last observed hovering at around $3.48 in the last trading session, with the day’s gains setting it 810.17%.
Currently trading at $813.65K, the stock is -0.79% and -3.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing 954001% at the moment leaves the stock -25.62% off its SMA200. ACCO registered -32.19% loss for a year compared to 6-month loss of -32.83%. The firm has a 50-day simple moving average (SMA 50) of $3.6712 and a 200-day simple moving average (SMA200) of $4.786.
The stock witnessed a -0.28% gain in the last 1 month and extending the period to 3 months gives it a -19.09%, and is 5.01% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.73% over the week and 2.89% over the month.
Acco Brands Corporation (ACCO) has around 5000 employees, a market worth around $320.75M and $1.62B in sales. Fwd P/E is 3.31. Profit margin for the company is -6.68%. Distance from 52-week low is 7.23% and -44.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.90%).
with sales reaching $389.81M over the same period.The EPS is expected to shrink by -7.84% this year, but quarterly earnings will post -8.39% year-over-year. Quarterly sales are estimated to shrink -11.06% in year-over-year returns.
302.0 institutions hold shares in Acco Brands Corporation (ACCO), with institutional investors hold 87.23% of the company’s shares. The shares outstanding are 90.10M, and float is at 86.34M with Short Float at 3.31%. Institutions hold 83.93% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.25 million shares valued at $34.06 million. The investor’s holdings represent 7.4869 of the ACCO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.11 million shares valued at $28.74 million to account for 6.3166 of the shares outstanding. The other top investors are ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC which holds 5.75 million shares representing 5.9415 and valued at over $27.03 million, while DIMENSIONAL FUND ADVISORS LP holds 5.8175 of the shares totaling 5.63 million with a market value of $26.47 million.
Acco Brands Corporation (ACCO) Insider Activity
The most recent transaction is an insider purchase by Tedford Thomas W, the company’s President & CEO. SEC filings show that Tedford Thomas W bought 5,715 shares of the company’s common stock on May 06 ’25 at a price of $3.43 per share for a total of $19620.0. Following the purchase, the insider now owns 0.49 million shares.
Still, SEC filings show that on Aug 27 ’24, Schneider Pamela R (Sr VP, General Counsel & Sec) disposed off 19,166 shares at an average price of $5.47 for $0.1 million. The insider now directly holds 243,899 shares of Acco Brands Corporation (ACCO).
