ACCO Brands (ACCO)
NYSE:ACCO
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ACCO Brands
(NYSE:ACCO)
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Rating:63Neutral
Price Target:
$3.00
▲(3.09% Upside)
Action:ReiteratedDate:04/01/26
The score is driven primarily by improving fundamentals (profitability back to positive and sharply reduced debt) and supportive 2026 guidance with cost-savings/synergy levers. These positives are tempered by ongoing revenue pressure, thin margins, weaker recent free cash flow, and bearish technicals despite oversold signals. Valuation is a notable offset, with a low P/E and high dividend yield.
Positive Factors
Material balance-sheet deleveraging
A large, permanent reduction in debt materially increases financial flexibility and lowers refinancing/default risk. With equity of ~$665M and no maturities until 2029, the company can better fund strategic investments, sustain dividends/buybacks and absorb cyclical demand shocks.
Negative Factors
Multi-year revenue decline
A persistent top‑line contraction signals structural demand loss, competitive pressures or channel shifts. Continued revenue shrinkage erodes scale, limits pricing power and makes margin recovery and fixed‑cost absorption harder even if cost programs succeed.
Read all positive and negative factors
Positive Factors
Negative Factors
Material balance-sheet deleveraging
A large, permanent reduction in debt materially increases financial flexibility and lowers refinancing/default risk. With equity of ~$665M and no maturities until 2029, the company can better fund strategic investments, sustain dividends/buybacks and absorb cyclical demand shocks.
Read all positive factors
ACCO Brands (ACCO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$262.40M
Dividend Yield8.17%
Average Volume (3M)1.29M
Price to Earnings (P/E)8.3
Beta (1Y)1.36
Revenue Growth-9.53%
EPS GrowthN/A
CountryUS
Employees5,000
SectorIndustrials
Sector Strength72
IndustryBusiness Equipment & Supplies
Share Statistics
EPS (TTM)0.38
Shares Outstanding90,170,280
10 Day Avg. Volume1,194,597
30 Day Avg. Volume1,287,297
Financial Highlights & Ratios
PEG Ratio-0.06
Price to Book (P/B)0.52
Price to Sales (P/S)0.23
P/FCF Ratio6.76
Enterprise Value/Market Cap4.26
Enterprise Value/Revenue0.73
Enterprise Value/Gross Profit2.24
Enterprise Value/Ebitda7.52
Forecast
1Y Price Target
$7.00Price Target Upside140.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.86
Revenue Forecast (FY)$1.55B
ACCO Brands Business Overview & Revenue Model
Company Description
ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides comp...
How the Company Makes Money
ACCO Brands primarily makes money by selling branded physical products in office, school, and workspace-related categories. Revenue is generated from (1) wholesale sales to mass merchants, office products superstores, e-commerce retailers/marketpl...
ACCO Brands Earnings Call Summary
Earnings Call Date:Mar 09, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 30, 2026
Earnings Call Sentiment Neutral
The call balanced clear evidence of execution (in-line full-year results, meaningful cost savings, liquidity and a strategic acquisition adding $90M of revenue in 2025 and expected $15M of synergies) with ongoing demand and margin pressures (Q4 sales/comps declines, international/EMEA weakness, tariff-related cash costs and a Q1 2026 expected adjusted loss). Management presented a credible multi-year plan (technology peripherals pivot, cost savings target of $100M, modest margin expansion and improved free cash flow guidance for 2026) but near-term metrics remain pressured. Overall the positives and negatives are roughly balanced: the company has actionable levers for recovery, but current performance and near-term outlook still reflect notable headwinds.Positive Updates
Full Year Results In Line with Outlook and Positive 2026 Guidance
Management reported full year 2025 sales and adjusted EPS in line with outlook and provided 2026 guidance of reported sales flat to up 3% and adjusted EPS of $0.84 to $0.89, signaling expected recovery in demand and profitability.
Negative Updates
Year-End Sales and Comparable Sales Declines
Reported Q4 sales decreased 4% year-over-year with comparable sales down 8%. Segment declines included Americas comparable sales down 5% and International comparable sales down 12% in Q4.
Read all updates
Q4-2025 Updates
Positive
Negative
Full Year Results In Line with Outlook and Positive 2026 Guidance
Management reported full year 2025 sales and adjusted EPS in line with outlook and provided 2026 guidance of reported sales flat to up 3% and adjusted EPS of $0.84 to $0.89, signaling expected recovery in demand and profitability.
Read all positive updates
Company Guidance
For 2026 management guided reported sales flat to up 3%, full‑year adjusted EPS of $0.84–$0.89 and a Q1 adjusted loss per share of $0.06–$0.03; free cash flow is expected to be $75–$85 million (excluding asset sales) with cash flow at the midpoint >50% higher than 2025 (2025 adjusted FCF $70M, which included $19M of asset‑sale proceeds), consolidated leverage targeted at 3.7–3.9x (vs. 4.1x at year‑end 2025) and approximately $292M available on the revolver with no debt maturities until 2029. Key assumptions include ~ $80M of EPOS revenue contribution in 2026 (EPOS did ~ $90M in 2025), a ~1.5% FX tailwind, $15M of annual EPOS cost synergies to be realized in 12–18 months (with ~$7M of restructuring charges in 2026 and slight first‑year EBITDA accretion), segment pacing of Q1 Americas down mid‑single digits and International up low‑double digits (full year Americas down low‑single digits, International up mid‑single digits), mid‑single‑digit U.S. price increases planned in April, modest gross margin expansion, modest SG&A increase for incentive payouts, and delivery of the $100M cost‑savings program by end‑2026 (>$60M realized to date, $35M in 2025).ACCO Brands Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
74
Positive
Cash Flow
63
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.52B | 1.67B | 1.83B | 1.95B | 2.03B |
| Gross Profit | 500.00M | 555.40M | 598.30M | 552.30M | 614.90M |
| EBITDA | 167.70M | 38.40M | 121.60M | 139.90M | 243.40M |
| Net Income | 41.30M | -101.60M | -21.80M | -13.20M | 101.90M |
Balance Sheet | |||||
| Total Assets | 2.25B | 2.23B | 2.64B | 2.79B | 3.09B |
| Cash, Cash Equivalents and Short-Term Investments | 64.40M | 74.10M | 66.40M | 62.20M | 41.20M |
| Total Debt | 920.80M | 923.00M | 1.02B | 1.09B | 1.11B |
| Total Liabilities | 1.59B | 1.62B | 1.86B | 1.98B | 2.23B |
| Stockholders Equity | 664.60M | 606.10M | 787.00M | 810.10M | 864.80M |
Cash Flow | |||||
| Free Cash Flow | 50.80M | 132.30M | 114.90M | 61.10M | 138.40M |
| Operating Cash Flow | 68.70M | 148.20M | 128.70M | 77.60M | 159.60M |
| Investing Cash Flow | -9.30M | -12.30M | -11.20M | -9.30M | -5.80M |
| Financing Cash Flow | -76.70M | -122.60M | -117.70M | -48.30M | -147.20M |
ACCO Brands Technical Analysis
Negative
2.91
Price Trends
3.58
Negative
3.58
Negative
3.61
Negative
Market Momentum
-0.21
Negative
27.72
Positive
22.75
Neutral
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 2.91 is below the 20-day moving average (MA) of 3.04, below the 50-day MA of 3.58, and below the 200-day MA of 3.61, indicating a bearish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 27.72 is Positive, neither overbought nor oversold. The STOCH value of 22.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ACCO.
ACCO Brands Risk Analysis
ACCO Brands disclosed 28 risk factors in its most recent earnings report. ACCO Brands reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
ACCO Brands Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $559.48M | 10.57 | 14.11% | 5.53% | -2.66% | 4.52% | |
71 Outperform | $482.38M | 16.61 | 4.02% | ― | 71.28% | -89.20% | |
70 Outperform | $13.48B | 21.15 | 31.18% | 2.04% | 1.03% | 5.52% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | $262.40M | 8.32 | 6.47% | 8.17% | -9.53% | ― | |
63 Neutral | $2.47B | 37.63 | 5.05% | 3.20% | 1.15% | 16.20% |
* Industrials Sector Average
ACCO
ACCO Brands
2.91
-0.64
-18.05%
ACTG
Acacia Research
5.00
2.01
67.22%
AVY
Avery Dennison
175.31
10.00
6.05%
EBF
Ennis
22.12
3.72
20.19%
HNI
HNI
34.60
-7.30
-17.42%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.