Acme United Corporation. (NASDAQ:ACU) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.

Brokerages have set a 1-year consensus target price of $24.00 for the company and are expecting that the company will post $0.78 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Acme United an industry rank of 91 out of 255 based on the ratings given to its competitors.

Shares of Acme United stock traded up $1.70 during midday trading on Monday, hitting $21.20. The company had a trading volume of 33,179 shares, compared to its average volume of 10,099. Acme United has a 52-week low of $13.50 and a 52-week high of $23.56.

Acme United (NASDAQ:ACU) last posted its quarterly earnings results on Thursday, April 18th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.06. The company had revenue of $31.37 million during the quarter, compared to analysts’ expectations of $31.40 million.

About Acme United

Acme United Corporation, together with its subsidiaries, supplies cutting, measuring, first aid, and sharpening products to the school, home, office, hardware, sporting good, and industrial markets in the United States, Canada, Europe, and Asia. It offers scissors, shears, rulers, pencil sharpeners, paper trimmers, lettering products, and math tools under the Westcott brand name; and cutting tools for hardware and industrial, lawn and garden, food processing, sewing, and housewares channels under the Clauss brand.

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