Accenture (NYSE:ACN) Releases FY 2025 Earnings Guidance

Accenture (NYSE:ACN - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 12.550-12.790 for the period, compared to the consensus earnings per share estimate of 12.720. The company issued revenue guidance of $68.1 billion-$69.4 billion, compared to the consensus revenue estimate of $68.6 billion. Accenture also updated its FY25 guidance to $12.55-12.79 EPS.

Accenture Stock Up 0.6 %

ACN traded up $1.92 on Monday, reaching $307.24. The company's stock had a trading volume of 3,791,006 shares, compared to its average volume of 2,772,675. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. Accenture has a fifty-two week low of $278.69 and a fifty-two week high of $398.35. The stock has a 50 day moving average of $358.32 and a two-hundred day moving average of $357.10. The company has a market capitalization of $192.27 billion, a price-to-earnings ratio of 25.78, a P/E/G ratio of 3.23 and a beta of 1.24.

Accenture (NYSE:ACN - Get Free Report) last posted its earnings results on Thursday, March 20th. The information technology services provider reported $2.82 EPS for the quarter, beating analysts' consensus estimates of $2.81 by $0.01. Accenture had a net margin of 11.41% and a return on equity of 26.91%. The firm had revenue of $16.70 billion for the quarter, compared to the consensus estimate of $16.64 billion. During the same period last year, the firm posted $2.77 EPS. The company's revenue was up 5.7% on a year-over-year basis. As a group, analysts forecast that Accenture will post 12.73 EPS for the current fiscal year.

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Accenture Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 10th will be given a $1.48 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 1.93%. Accenture's dividend payout ratio (DPR) is presently 49.66%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Baird R W upgraded Accenture from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 17th. Stifel Nicolaus decreased their price target on shares of Accenture from $390.00 to $380.00 and set a "buy" rating for the company in a research note on Wednesday, February 26th. BMO Capital Markets dropped their price objective on shares of Accenture from $425.00 to $370.00 and set a "market perform" rating on the stock in a research note on Tuesday, March 18th. The Goldman Sachs Group upgraded shares of Accenture from a "neutral" rating to a "buy" rating and increased their target price for the stock from $370.00 to $420.00 in a research note on Friday, December 6th. Finally, JPMorgan Chase & Co. upped their price objective on Accenture from $370.00 to $396.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. Eight research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $378.91.

Insider Activity

In other Accenture news, CEO Julie Spellman Sweet sold 2,497 shares of Accenture stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $354.48, for a total transaction of $885,136.56. Following the completion of the transaction, the chief executive officer now owns 28,866 shares in the company, valued at approximately $10,232,419.68. The trade was a 7.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Melissa A. Burgum sold 1,487 shares of the company's stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $354.54, for a total transaction of $527,200.98. Following the completion of the sale, the chief accounting officer now directly owns 9,247 shares in the company, valued at $3,278,431.38. This trade represents a 13.85 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 21,905 shares of company stock worth $8,181,753. Company insiders own 0.02% of the company's stock.

Institutional Investors Weigh In On Accenture

An institutional investor recently raised its position in Accenture stock. Brighton Jones LLC grew its stake in Accenture plc (NYSE:ACN - Free Report) by 36.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,438 shares of the information technology services provider's stock after acquiring an additional 4,905 shares during the quarter. Brighton Jones LLC's holdings in Accenture were worth $6,486,000 at the end of the most recent quarter. 75.14% of the stock is owned by institutional investors.

About Accenture

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.