Analysts See $0.52 EPS for Acme United Corporation (ACU)

September 17, 2017 - By Vivian Currie

 Analysts See $0.52 EPS for Acme United Corporation (ACU)
Investors sentiment increased to 1.25 in Q4 2016. Its up 0.40, from 0.85 in 2016Q3. It improved, as 6 investors sold Acme United Corporation shares while 6 reduced holdings. 9 funds opened positions while 6 raised stakes. 1.73 million shares or 11.02% more from 1.55 million shares in 2016Q3 were reported.
Vanguard Grp Inc has invested 0% in Acme United Corporation (NYSEMKT:ACU). Blackrock Inv Mngmt Ltd Liability Corporation stated it has 385 shares. California Employees Retirement System accumulated 9,300 shares or 0% of the stock. Delphi Incorporated Ma has invested 0.31% in Acme United Corporation (NYSEMKT:ACU). Teton Advisors accumulated 127,200 shares. Moreover, Nationwide Fund Advisors has 0% invested in Acme United Corporation (NYSEMKT:ACU). Brown Brothers Harriman stated it has 0% in Acme United Corporation (NYSEMKT:ACU). Renaissance Technology Ltd Liability holds 0% of its portfolio in Acme United Corporation (NYSEMKT:ACU) for 109,600 shares. North Star Management accumulated 581,481 shares. Willow Creek Wealth Management has 21,908 shares for 0.41% of their portfolio. Price T Rowe Associate Md has invested 0% in Acme United Corporation (NYSEMKT:ACU). Bancorp Of New York Mellon Corporation has 0% invested in Acme United Corporation (NYSEMKT:ACU). Corporation Va reported 136,898 shares stake. First Wilshire Securities Inc reported 0.78% in Acme United Corporation (NYSEMKT:ACU). Granite Inv Prns Ltd stated it has 0.14% of its portfolio in Acme United Corporation (NYSEMKT:ACU).

Since April 28, 2017, it had 0 insider purchases, and 6 insider sales for $468,918 activity. JOHNSEN WALTER C sold $65,407 worth of Acme United Corporation (NYSEMKT:ACU) on Friday, April 28.

Analysts expect Acme United Corporation (NYSEMKT:ACU) to report $0.52 EPS on October, 19.They anticipate $0.12 EPS change or 30.00 % from last quarter’s $0.4 EPS. ACU’s profit would be $1.75 million giving it 11.54 P/E if the $0.52 EPS is correct. After having $0.75 EPS previously, Acme United Corporation’s analysts see -30.67 % EPS growth. The stock decreased 9.26% or $2.45 on September 15, reaching $24. About 9,248 shares traded or 175.81% up from the average. Acme United Corporation (NYSEMKT:ACU) has risen 52.96% since September 17, 2016 and is uptrending. It has outperformed by 36.26% the S&P500.

Acme United Corporation (NYSEMKT:ACU) Ratings Coverage

Among 2 analysts covering Acme United (NYSEMKT:ACU), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Acme United had 2 analyst reports since July 1, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, August 10 by Singular Research. DA Davidson initiated Acme United Corporation (NYSEMKT:ACU) on Friday, July 1 with “Buy” rating.

Acme United Corporation is a supplier of cutting, measuring, first aid and sharpening products to the school, home, office, hardware, sporting goods and industrial markets. The company has market cap of $80.93 million. The Firm operates in three divisions: United States , Canada and Europe. It has a 16.16 P/E ratio. The Company’s activities in the United States, Canada and Europe are involved in product development, marketing, sales, administrative and distribution activities.

More notable recent Acme United Corporation (NYSEMKT:ACU) news were published by: Finance.Yahoo.com which released: “Acme United Corporation Acquires Assets of Spill Magic, Inc.” on February 01, 2017, also Seekingalpha.com with their article: “Acme United Still Has More Upside” published on July 28, 2016, Seekingalpha.com published: “Acme United’s (ACU) CEO Walter Johnsen on Q1 2017 Results – Earnings Call …” on April 20, 2017. More interesting news about Acme United Corporation (NYSEMKT:ACU) were released by: Nasdaq.com and their article: “Acme United Corporation. (ACU) Ex-Dividend Date Scheduled for July 18, 2017” published on July 17, 2017 as well as Businesswire.com‘s news article titled: “Acme United Corporation Third Quarter 2016 Earnings Conference Call” with publication date: October 14, 2016.

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