- ACCO Brands Corporation recently announced the purchase of Power A, which accelerates its pivot away from its traditional school and office products to higher growth consumer-oriented offerings.
- Although the deal will put its total debt at $1.14 billion, none of it is due until at least 2024.
- The stock recently saw its first insider buying since 2018 as a director bought nearly $350,000 worth of shares in mid-October.
- With solid management, robust free cash flow, a low P/E multiple, and insider buying, ACCO merited a deeper dive.
- A full investment analysis is presented in the paragraphs below.
For further details see:
Assessing ACCO Brands