Acme United Price Target Increased Thanks to Record Second Quarter Sales and Earnings

Acme United’s (ACU – $10.75) second quarter, ended June 30, 2012 was very strong. In fact, it were the Company’s highest quarterly sales and earnings numbers it ever achieved. Acme’s brands Westcott, Clauss, Camillus, Physicians Care and Pac-Kit all contributed to the Company’s success as each one had record quarterly sales. Net sales for the quarter reached $27.6 million, compared […]

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Camillus, Westcott and Pac-Kit Growth Prospects Trigger Acme United Price Target Increase

Acme United (ACU – $10.20) released solid growth numbers for the fourth quarter and full year 2011. The Company managed to increase its net sales with 16%, from $63.1 million in fiscal year 2010 to $73.3 million in 2011. This growth was also reflected in the bottom line. Net income for the year ended December 31, 2011, was $2,811,000, or […]

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Why Acme United Is Undervalued

Acme United (ACU – $10.54), an innovative supplier of cutting devices, measuring instruments and safety products for school, home, office, industrial and hardware use, remains undervalued compared with its peers because: The Company reported strong sales and earnings growth for the first quarter of 2010; At least four growth drivers will contribute significantly to Acme United’s results in the coming […]

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