ACCO Stock Summary and Trading Ideas (Acco Brands | NYSE:ACCO)

ACCO Brands Corp designs, manufactures, and markets consumer and business products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company offers school notebooks, janitorial supplies, and whiteboards; storage and organization products, sheet protectors, and indexes, and punching products; computer accessories and others used in schools, homes, and businesses. It offers its products under the AT-A-GLANCE, Five Star, GBC, Hilroy, Kensington, Quartet, Leitz, NOBO and other brands. The company markets and sells its products through various channels, including mass retailers; e-tailers; discount, and variety chains; and warehouse clubs. It generates maximum profit from ACCO Brands North America segment.

Acco Brands trades on the NYSE stock market under the symbol ACCO.

As of November 7, 2024, ACCO stock price climbed to $6.07 with 790,531 million shares trading.

ACCO has a beta of 0.76, meaning it tends to be less sensitive to market movements. ACCO has a correlation of 0.07 to the broad based SPY ETF.

ACCO has a market cap of $580.53 million. This is considered a Small Cap stock.

Last quarter Acco Brands reported $421 million in Revenue and $.23 earnings per share. This beat revenue expectation by $3 million and met earnings estimates .

In the last 3 years, ACCO traded as high as $9.50 and as low as $4.27.

The top ETF exchange traded funds that ACCO belongs to (by Net Assets): VTI, IWM, VXF, AVUV, IWN.

ACCO has underperformed the market in the last year with a return of +32.7%, while SPY returned +37.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ACCO shares. However, ACCO has outperformed the market in the last 3 month and 2 week periods, returning +32.4% and +24.6%, while SPY returned +15.2% and +2.8%, respectively. This indicates ACCO has been having a stronger performance recently.

ACCO support price is $5.92 and resistance is $6.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACCO shares will trade within this expected range on the day.