ACCO Brands (ACCO) AI Stock Analysis

• Market Cap: $319.07M
• Dividend Yield: 8.72%
• Average Volume (3M): 631.02K
• Price to Earnings (P/E): 7.3
• Beta (1Y): 1.15
• Revenue Growth: -8.80%
• EPS Growth: N/A
• Country: US
• Employees: 5,000
• Sector: Industrials
• Sector Strength: 84
• Industry: Business Equipment & Supplies
• EPS (TTM): 0.28
• Shares Outstanding: 90,132,530
• 10 Day Avg. Volume: 633,600
• 30 Day Avg. Volume: 631,017
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 3.99
• Enterprise Value/Revenue: 0.81
• Enterprise Value/Gross Profit: 2.44
• Enterprise Value/Ebitda: 9.28
• 1Y Price Target: $7.50
• Price Target Upside: 111.86% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 59 Neutral
• Price Target: $3.50 ▼(-1.13% Downside)

ACCO Brands' stock score is driven by its improving financial performance and attractive valuation, despite bearish technical indicators and mixed earnings call results. The company faces challenges in sales and demand but shows potential for recovery through strategic initiatives and cost management.

Positive Factors

Cost Reduction

The adjusted EBITDA upside was driven by better-than-expected gross margin, benefiting from the company’s cost reduction actions and favorable sales mix.

Cost Savings

ACCO realized $7 million of cost savings during Q1/25 from its multi-year restructuring program, with a target of $40 million in savings during 2025.

International Expansion

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

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 Visibility

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 Performance

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 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 computer and gaming accessories, calendars, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools. It offers its products under the AT-A-GLANCE, Barrilito, Derwent, Esselte, Five Star, Foroni, GBC, Hilroy, Kensington, Leitz, Marbig, Mead, NOBO, PowerA, Quartet, Rapid, Rexel, Swingline, Tilibra, TruSens, and Spirax brand names. The company markets and sells its products through various channels, including mass retailers, e-tailers, discount, drug/grocery, and variety chains; warehouse clubs; hardware and specialty stores; independent office product dealers; office superstores; wholesalers; contract stationers; and technology specialty businesses, as well as sells products directly to commercial and consumer end-users through its e-commerce platform and direct sales organization. ACCO Brands Corporation was founded in 1893 and is headquartered in Lake Zurich, Illinois.

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, as seen in the income statement. The balance sheet shows a high debt-to-equity ratio, though some improvements are evident. Cash flow remains positive, but declining free cash flow growth suggests future liquidity risks. Overall, the company needs to focus on improving revenue and managing debt to enhance financial stability.

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	1.58B	1.67B	1.83B	1.95B	2.03B	1.66B
Gross Profit	521.70M	555.40M	598.30M	552.30M	614.90M	492.40M
EBITDA	137.30M	38.40M	121.60M	139.90M	243.40M	188.10M
Net Income	45.90M	-101.60M	-21.80M	-13.20M	101.90M	62.00M
Balance Sheet
Total Assets	2.38B	2.23B	2.64B	2.79B	3.09B	3.05B
Cash, Cash Equivalents and Short-Term Investments	133.30M	74.10M	66.40M	62.20M	41.20M	36.60M
Total Debt	129.70M	923.00M	1.02B	1.09B	1.11B	1.23B
Total Liabilities	1.74B	1.62B	1.86B	1.98B	2.23B	2.31B
Stockholders Equity	637.30M	606.10M	787.00M	810.10M	864.80M	742.70M
Cash Flow
Free Cash Flow	94.40M	132.30M	114.90M	61.10M	138.40M	103.90M
Operating Cash Flow	112.20M	148.20M	128.70M	77.60M	159.60M	119.20M
Investing Cash Flow	-7.90M	-12.30M	-11.20M	-9.30M	-5.80M	-354.70M
Financing Cash Flow	-88.30M	-122.60M	-117.70M	-48.30M	-147.20M	244.70M

ACCO Brands Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.54
• 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 3.54 is below the 20-day moving average (MA) of 3.79, below the 50-day MA of 3.69, and below the 200-day MA of 4.46, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 40.72 is Neutral, neither overbought nor oversold. The STOCH value of 14.50 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
EBF	78 Outperform	$466.89M	11.99	12.00%	19.92%	-5.64%	-5.74%
HNI	73 Outperform	$2.02B	14.35	18.50%	2.63%	-0.83%	28.96%
SCS	71 Outperform	$1.83B	15.47	12.87%	3.93%	2.64%	37.59%
AVY	71 Outperform	$13.11B	18.85	31.68%	2.13%	1.66%	14.38%
ACCO	59 Neutral	$319.07M	7.34	7.32%	8.72%	-8.80%	―
Sector *	58 Neutral	HK$13.20B	4.34	-2.94%	5.82%	2.95%	-48.20%
ACTG	47 Neutral	$345.26M	7.73	-1.17%	―	62.44%	-109.84%

ACCO Brands Corporate Events

ACCO Brands Reports Q2 Results Amid Cost Savings

On July 31, 2025, ACCO Brands Corporation reported its second quarter financial results, noting net sales of $395 million and adjusted earnings per share of $0.28, both within the company’s outlook. Despite a 9.9% decline in net sales compared to the previous year, the company benefited from a multi-year cost reduction program yielding over $40 million in savings. ACCO Brands also amended its credit agreement to increase its maximum consolidated leverage ratio through 2026. The company expects sales to improve in the third quarter as economies stabilize and plans to launch new products across multiple categories, aiming to enhance long-term shareholder value.

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 Announces Leadership Transition with New Appointment

ACCO Brands Corporation announced that Pamela R. Schneider, Senior Vice President, General Counsel and Corporate Secretary, will retire, with her resignation effective August 4, 2025. Kathryn D. Ingraham has been appointed as her successor, and Schneider will assist in the transition until September 30, 2025.

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 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.