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Stock impact report

ACCO Brands: Has New Management Found The Fire Extinguishers? [Seeking Alpha]

Acco Brands Corporation (ACCO) 
Last acco brands corporation earnings: 2/11 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.accobrands.com
Company Research Source: Seeking Alpha
The departure of CEO Boris Elisman marks a shift in management and a renewed focus on debt reduction and organic growth. If management follows through on debt reduction goals, ACCO presents an opportunity for investors with a potential 20-40% increase in share price within the next two years. ACCO Brands ( NYSE: ACCO ) is a manufacturer of consumer products largely focused on office and school environments, as well as certain electronic products which serve those markets and extend beyond into gaming. ACCO's primary historical feature from an investment standpoint is as a perpetual value stock – regardless of cash flows and earnings, the company's shares have always been cheap from an objective standpoint. We've previously argued that a key factor for this perpetually low valuation was the company's longstanding track record of wasting shareholder assets on questionable acquisitions which ultimately yielded little in terms of revenue, profitability, or intrinsic value. Indeed, Show less Read more
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