ACCO Brands (ACCO) AI Stock Analysis

• Market Cap: $319.85M
• Dividend Yield: 8.45%
• Average Volume (3M): 768.69K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: -9.19%
• EPS Growth: -337.72%
• Country: US
• Employees: 5,000
• Sector: Industrials
• Sector Strength: 85
• Industry: Business Equipment & Supplies
• EPS (TTM): -0.02
• Shares Outstanding: 90,099,050
• 10 Day Avg. Volume: 684,384
• 30 Day Avg. Volume: 768,688
• PEG Ratio: 0.36
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.72
• Enterprise Value/Market Cap: 4.89
• Enterprise Value/Revenue: 0.23
• Enterprise Value/Gross Profit: 2.93
• Enterprise Value/Ebitda: -17.87
• 1Y Price Target: $9.00
• Price Target Upside: 161.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 56 Neutral
• Price Target: $3.50 ▲(1.74%Upside)

ACCO Brands' stock score is primarily influenced by financial performance challenges, including declining revenues and profitability issues. Technical indicators suggest weak momentum, while valuation metrics reflect the impact of negative earnings despite a high dividend yield. The earnings call highlighted both positive cost management efforts and concerning sales declines, providing a balanced view.

Positive Factors

Cost Reduction

The adjusted EBITDA upside was driven by better-than-expected gross margin, which benefited from the company’s cost reduction actions and favorable sales mix due to strength in computer accessory sales and the pull-forward of back-to-school sales.

International Expansion

ACCO continues to see positive results from the international expansion of its gaming accessory products.

Restructuring Plan

ACCO increased the pre-tax cost savings target from the restructuring plan to $100 million by the end of 2026 from the previous goal of $60 million.

Negative Factors

Currency Exchange Rates

Q4/24 sales declined -8.3% YOY to $448.1 million, driven by an unfavorable movement in currency exchange rates.

Market Uncertainty

Due to increased market uncertainties driven by global trade dynamics, ACCO has limited visibility beyond Q2/25 and withdrew its full-year 2025 guidance.

Sales Decline

Q1/25 sales declined -11.6% YOY on a reported basis to $317.4 million, with sales continuing to be impacted by a generally soft demand environment.

ACCO Brands Business Overview & Revenue Model

Company Description

ACCO Brands Corporation is a leading global manufacturer and marketer of office, school, and consumer products, serving a wide array of customers across various sectors. The company offers a comprehensive portfolio of brands, including Swingline, Kensington, Mead, and Five Star, focusing on delivering innovative and high-quality products that enhance productivity and organization. ACCO Brands operates in multiple segments, including North America, EMEA (Europe, Middle East, and Africa), and International, with a diverse range of products that cater to the needs of businesses, educational institutions, and consumers worldwide.

How the Company Makes Money

ACCO Brands generates revenue primarily through the design, manufacture, and sale of branded office products, school supplies, and consumer goods. The company's revenue model is centered around its strong brand portfolio, which allows it to maintain a competitive edge in the markets it serves. Key revenue streams include sales of products such as paper-based and digital filing solutions, computer accessories, and business machines. ACCO Brands also benefits from strategic partnerships and distribution agreements with major retailers and distributors, which help expand its market reach and drive sales. Additionally, the company leverages its global supply chain and manufacturing capabilities to optimize costs and improve profitability. Seasonal demand, particularly in the back-to-school period, also contributes significantly to its earnings.

ACCO Brands Financial Statement Overview

Summary

ACCO Brands faces revenue declines and profitability challenges. The balance sheet shows a high debt-to-equity ratio, although some improvements are evident. Cash flow remains positive, but declining free cash flow growth suggests future liquidity risks.

Income Statement

ACCO Brands shows a declining revenue trend from 2022 to TTM (Trailing-Twelve-Months), with TTM revenue at $1.62 billion compared to $1.95 billion in 2022. The net income remains negative, indicating continued profitability challenges. The gross profit margin is stable, but the EBIT margin has decreased significantly in TTM. The company struggles with consistent profitability, reflected in the negative net profit margins across periods.

Balance Sheet

ACCO Brands displays a moderate balance sheet with a relatively high debt-to-equity ratio, although it has decreased in the TTM period. The equity ratio is decent, suggesting a balanced asset structure. Despite improvements, the company needs to manage its debt levels carefully to avoid financial stress.

Cash Flow

The company maintains positive free cash flow, although it has decreased in TTM compared to previous periods. The operating cash flow to net income ratio indicates efficient cash generation despite negative net income. However, the free cash flow growth rate shows a decline, pointing to potential future liquidity challenges.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.62B	1.67B	1.83B	1.95B	2.03B	1.66B
	Gross Profit
533.20M	555.40M	598.30M	552.30M	614.90M	492.40M
	EBIT
114.80M	-37.00M	44.70M	159.80M	151.00M	112.40M
	EBITDA
5.70M	38.40M	121.60M	139.90M	243.40M	188.10M
	Net Income Common Stockholders
-108.50M	-101.60M	-21.80M	-13.20M	101.90M	62.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
134.60M	74.10M	66.40M	62.20M	41.20M	36.60M
	Total Assets
2.27B	2.23B	2.64B	2.79B	3.09B	3.05B
	Total Debt
125.50M	923.00M	1.02B	1.09B	1.11B	1.23B
	Net Debt
-9.10M	848.90M	949.80M	1.03B	1.07B	1.19B
	Total Liabilities
1.66B	1.62B	1.86B	1.98B	2.23B	2.31B
	Stockholders Equity
606.10M	606.10M	787.00M	810.10M	864.80M	742.70M
Cash Flow		Free Cash Flow
109.70M	132.30M	114.90M	61.10M	138.40M	103.90M
	Operating Cash Flow
125.50M	148.20M	128.70M	77.60M	159.60M	119.20M
	Investing Cash Flow
-22.30M	-12.30M	-11.20M	-9.30M	-5.80M	-354.70M
	Financing Cash Flow
-91.80M	-122.60M	-117.70M	-48.30M	-147.20M	244.70M

ACCO Brands Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ACCO, the sentiment is Negative. The current price of 3.44 is below the 20-day moving average (MA) of 3.62, below the 50-day MA of 3.65, and below the 200-day MA of 4.68, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 38.03 is Neutral, neither overbought nor oversold. The STOCH value of 14.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ACCO.

ACCO Brands Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BWMN	72 Outperform	$471.15M	182.44	1.25%	―	21.78%	―
SHYF	68 Neutral	$420.12M	930.23	0.18%	1.67%	-4.08%	―
SB	68 Neutral	$391.85M	5.72	9.82%	5.15%	-2.98%	-0.96%
NL	67 Neutral	$332.16M	5.44	15.93%	5.29%	-6.25%	442.27%
Sector *	66 Neutral	$4.49B	12.22	5.40%	3.71%	4.17%	-11.97%
ACCO	56 Neutral	$319.85M	―	-15.90%	8.45%	-9.19%	-337.72%
TITN	52 Neutral	$455.46M	11.08	-9.38%	―	-5.32%	-163.42%

ACCO Brands Corporate Events

ACCO Brands Restructures Leadership for Cost Reduction

On June 4, 2025, ACCO Brands Corporation announced a restructuring of its executive leadership as part of a multi-year cost reduction initiative. The roles of Executive Vice President and President for both the Americas and International segments will be eliminated, with Patrick Buchenroth and Cezary Monko resigning from their positions. This move aims to simplify the company’s operating structure and enhance global sourcing capabilities. New leadership appointments include John ‘Jed’ Peters and Rubens Passos for the Americas segment, and Ard-Jen ‘AJ’ Spijkervet for the International segment. These changes are expected to position the company for sustained, profitable growth.

The most recent analyst rating on (ACCO) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on ACCO Brands stock, see the ACCO Stock Forecast page.

ACCO Brands Holds Annual Shareholder Meeting

On May 20, 2025, ACCO Brands held its Annual Meeting where several key proposals were voted on by shareholders. The meeting resulted in the election of nine directors for a one-year term, the ratification of KPMG LLP as the independent accounting firm for 2025, approval of executive compensation, and an amendment to increase shares in the 2022 Incentive Plan.

The most recent analyst rating on (ACCO) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on ACCO Brands stock, see the ACCO Stock Forecast page.