Acco Brands Corporation (ACCO) Earning Favorable Press Coverage, Report Shows

Analysts expect ACCO Brands Corporation (NYSE:ACCO) to report $0.33 EPS on October, 23.They anticipate $0.04 EPS change or 13.79% from last quarter's $0.29 EPS. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. After having $0.31 EPS previously, ACCO Brands Corporation's analysts see 6.45% EPS growth. Accern also gave press coverage about the industrial products company an impact score of 45.9989375136576 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. The fund owned 42,014 shares of the industrial products company's stock after purchasing an additional 8,125 shares during the quarter. Zacks Investment Research downgraded Acco Brands Corporation from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 19th.

04/29/2016 - Acco Brands Corporation had its "outperform" rating reiterated by analysts at Barrington Research. Finally, Principal Financial Group Inc. grew its stake in Acco Brands Corporation by 4.3% during the 2nd quarter.

ACCO Brands Corporation (NYSE:ACCO) shares are moving 1.97% trading at $12.95 today. 661,225 shares of the company were exchanged. The stock's market capitalization is 1.37B. Based on a recent bid, the stock is trading -7.50% away from it's 52- week high and 88.09% away from its 52 week low.

10/30/2014 - Acco Brands Corporation was downgraded to "hold" by analysts at KeyBanc.

02/24/2014 - Acco Brands Corporation was upgraded to "hold" by analysts at Thomson Reuters/Verus.

Shares of Acco Brands Corporation (NYSE ACCO) opened at 12.70 on Thursday. Acco Brands Corporation's revenue was up 19.5% compared to the same quarter a year ago.

In other Acco Brands Corporation news, insider Gregory J. Mccormack sold 25,000 shares of the stock in a transaction dated Thursday, August 17th. Following the completion of the transaction, the insider now owns 63,889 shares in the company, valued at approximately $699,584.55. The sale was disclosed in a legal filing with the SEC, which is available at this link.

In related news, VP Neal V. Fenwick purchased 12,313 shares of the company's stock in a transaction that occurred on Thursday, August 3rd. The shares were bought at an average cost of $10.60 per share, with a total value of $130,517.80. Following the transaction, the vice president now directly owns 423,311 shares of the company's stock, valued at approximately $4,487,096.60. The disclosure for this purchase can be found here.

TRADEMARK VIOLATION WARNING: "Acco Brands Corporation (ACCO) Earning Favorable Press Coverage, Report Shows" was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of USA and global trademark and copyright legislation.

ACCO Brands Corporation is engaged in designing, marketing and manufacturing of branded business, academic and selected consumer products. The Firm operates through three divisions: ACCO Brands North America, ACCO Brands International and Computer Products Group.

Notícias recomendadas

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.