Acme United (NYSE:ACU) Releases Earnings Results

Acme United (NYSE:ACUGet Free Report) posted its earnings results on Thursday. The company reported $0.41 earnings per share for the quarter, RTT News reports. Acme United had a net margin of 10.25% and a return on equity of 9.70%. During the same quarter last year, the firm posted $0.39 EPS.

Acme United Stock Up 3.2 %

Shares of NYSE:ACU opened at $41.38 on Friday. The firm has a fifty day moving average of $38.78 and a 200 day moving average of $39.56. Acme United has a 52-week low of $32.85 and a 52-week high of $50.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 4.41. The firm has a market capitalization of $155.34 million, a PE ratio of 8.46 and a beta of 0.63.

Acme United Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 16th. Stockholders of record on Wednesday, March 26th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend was Wednesday, March 26th. Acme United’s dividend payout ratio (DPR) is currently 24.69%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Acme United from a “buy” rating to a “hold” rating in a research report on Friday.

Check Out Our Latest Research Report on Acme United

About Acme United

(Get Free Report)

Acme United Corporation supplies cutting, measuring, first aid, and sharpening products to the school, home, office, hardware, sporting goods, and industrial markets in the United States, Canada, Europe, and internationally. The company offers scissors, shears, knives, rulers, pencil sharpeners, paper trimmers, safety cutters, lettering products, glue guns, and other craft products under the Westcott brand name; and cutting tools under the Clauss brand.

Featured Articles

Earnings History for Acme United (NYSE:ACU)

Receive News & Ratings for Acme United Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acme United and related companies with MarketBeat.com's FREE daily email newsletter.