Top Stock: Acme United Corporation (NYSE Amex: ACU)

Acme United Corporation is a leading worldwide supplier of innovative branded cutting, measuring and safety products in the school, home, office, hardware & industrial markets.
Symbol: ACU Exchange: NYSE Amex
  Industry: Office Supplies Web Site: www.acmeunited.com





Published
(MM-DD-YY)
Type Comments
05-27-2010 Update Report Q1 2010 (pdf) Based on the financial information in this report and the positive outlook for the Company’s widened distribution, we reiterate our buy recommendation and adjust our 12-month price target upwards from $11.97 to $12.56, which is 19% above today’s stock price.
02-06-2010 Update Interview 3 Although the market remains tough, Acme United is picking up sales both by attracting new customers and by launching new products and product families. We expect to see a lot of growth in 2010 from ACU's non-stick products, the SpeedPak utility knife and the return of Camillus knives.
11-23-2009 Update Report Q3 2009 (pdf) Based on the financial information in this report and the positive outlook for the Company's new product introductions we reiterate our buy recommendation and adjust our 12-month price target slightly upwards from $11.83 to $11.97, which is 26% above today's stock price.
09-03-2009 Update Report Q2 2009 (pdf) Although Acme's shares have already gone up more than 20% since our initial report, we're convinced there's plenty of room for further appreciation. Based on this report, we reiterate our Buy recommendation and adjust our 12-month price target slightly upwards from $11.64 to $11.83, which is 32% above today's stock price.
07-09-2009 Update Interview 2 With the second quarter a few days behind us, it's time to find out how some of the companies that we track performed. Mr. Johnsen discusses the second quarter and many more interesting items that happened since our previous interview.
05-21-2009 Update Report Q1 2009 (pdf) We remain confident in Acme United's long term future and are therefore adjusting our 12-month price target from $11.85 to $11.64, only to reflect the lower average industry P/E.
04-08-2009 Update Interview 1 Mr. Johnsen talks about the Company's dividend policy, its share buyback program and the European segment. Additionally, he gives us some insights on first quarter results. This is an interview worthwhile your time.
02-14-2009 Initial Report (pdf) Based on the information described in this report, we are initiating coverage of Acme United Corp. with a buy recommendation and a 12-month price target of $11.85, which is 60 percent above today's stock price.
11-21-2008 Initial Interview Find out why Mr. Johnsen, Exec. Chairman and CEO of Acme United, believes these are once in a lifetime opportunities to acquire a competitor.