How to Buy Acco Brands Stock
Acco Brands Corp
Acco Brands is a business equipment & supply company located in Illinois, United States, which is part of the Industrials sector, and is traded under the ticker ACCO on the NYSE exchange.
Acco Brands stock last closed at $4.86, up 0.41% from the previous day, and has decreased 3.76% in one year. It has underperformed other stocks in the Business Equipment & Supplies industry by 0.33 percentage points. Acco Brands stock is currently +13.15% from its 52-week low of $4.30, and -26.59% from its 52-week high of $6.62.
At the moment, there are 94.93M ACCO shares outstanding. The market capitalization of ACCO is $461.35M. In the past 24 hours, 601,401 ACCO shares were traded.
How to Buy Acco Brands Stock
Not sure how to invest in Acco Brands stock? Here's how.
- Decide where to buy Acco Brands stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Acco Brands stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your method of payment and add your info.
- Research Acco Brands stock: The Acco Brands ticker symbol is ACCO. Is Acco Brands stock a good investment? Should you buy shares of ACCO? How do ACCO's underlying business fundamentals look? Do top analysts think Acco Brands is a good buy? Why has ACCO's stock price moved recently? (Hint: Our stock research tools can help you figure out if ACCO is a good stock to buy).
- Execute your ACCO buy order: Decide if you will purchase ACCO shares at the current market price or use a limit order to buy ACCO stock at a particular price.
- Keep tabs on your investment in ACCO: Create a watchlist to keep track of your investment in Acco Brands shares.
Step 1: Decide where to buy Acco Brands stock
You will need a brokerage account in order to access the NYSE market and buy ACCO stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can buy ACCO stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on a investment app, your next step is to transfer the money for your investment:
Watch the video below if you need help transferring money into your investment account.
Step 4: Research Acco Brands stock
After you have identified the best place to buy Acco Brands stock, it's critical to research their stock prior to investing, so you actually understand the risk and opportunity.
Overview of key ACCO info
Acco Brands Overview
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ACCO's stock page.
Is ACCO stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ACCO's true value.
Using relative valuations measures:
- ACCO may be undervalued based on its P/B ratio of 0.59x, relative to Business Equipment & Supplies industry P/B ratio of 1.41x
You can do more valuation research on ACCO's stock here.
A quick look at ACCO Financials
Pros:
- Total ACCO debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the ACCO balance sheet.
Cons:
- ACCO has a relatively high debt to equity ratio of 2.36.
- ACCO earnings of $45.50M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the ACCO balance sheet.
- ACCO profit margin has gone down from -0.7% to -1.2% in the past year.
- ACCO's operating cash flow of $128.70M allows it to safely service it's debt of $1.02B.
Is it a good time to buy Acco Brands stock, according to analysts?
Out of 1 Equities analysts who track ACCO, the consensus analyst rating on ACCO is a Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Acco Brands stock forecast page.
ACCO Trading Indicators
Is ACCO Growing Revenue?
Last year, ACCO revenue was $1.83B. In the past 5 year, ACCO's revenue has grown by -1.14% per year. This was slower than the Business Equipment & Supplies industry average of 0.12%.
Dive into ACCO's earnings and revenue performance here.
Are ACCO executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at ACCO have sold more shares than they have bought.
Mark C. Anderson, Sr VP Corporate Development of ACCO, was the latest ACCO insider to sell. They sold $27,561.12 worth of ACCO shares on Mar 12, 2024.
Learn more about who owns ACCO stock here.
Does ACCO provide a stable income stream?
Acco Brands pays a dividend of 6.17%, compared to the Business Equipment & Supplies industry's average dividend yield of 4.47%. If you owned $1,000 of ACCO stock, you would have received $61.73 in the past year.
Acco Brands dividend payments have consistently grown over the past 7 years and have remained stable.
Get more analysis about Acco Brands dividend yield and history here.
What do other traders have to say about ACCO?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your ACCO buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you want additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in ACCO
Now that you own some ACCO stock, you'll want to keep up with your new shares.
Add ACCO to a watchlist to get alerted to the latest events about your ACCO stock.
ACCO Feed
How to Buy Stock in Acco Brands
To reiterate, here are the 6 steps to buy Acco Brands stock:
- Decide where to buy Acco Brands stock
- Open your brokerage account
- Deposit money your brokerage account
- Research Acco Brands stock
- Execute your ACCO buy order
- Keep tabs on your investment in ACCO
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Acco Brands, click below.
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