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 EPS guidance of 12.430-12.790 for the period, compared to the consensus EPS estimate of 12.740. The company issued revenue guidance of $67.5 billion-$69.4 billion, compared to the consensus revenue estimate of $68.5 billion. Accenture also updated its FY25 guidance to $12.43-12.79 EPS.

Accenture Price Performance

ACN traded up $24.55 on Thursday, hitting $372.16. 6,069,188 shares of the stock were exchanged, compared to its average volume of 2,694,376. Accenture has a 12 month low of $278.69 and a 12 month high of $387.51. The firm has a market capitalization of $232.66 billion, a price-to-earnings ratio of 32.56, a PEG ratio of 3.23 and a beta of 1.24. The business has a 50-day moving average of $360.14 and a two-hundred day moving average of $336.31.

Accenture (NYSE:ACN - Get Free Report) last announced its quarterly earnings data on Thursday, December 19th. The information technology services provider reported $3.59 EPS for the quarter, beating the consensus estimate of $3.43 by $0.16. The business had revenue of $17.69 billion during the quarter, compared to the consensus estimate of $17.15 billion. Accenture had a net margin of 11.20% and a return on equity of 26.83%. The company's revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the business earned $3.27 earnings per share. Equities research analysts expect that Accenture will post 12.74 earnings per share for the current fiscal year.

Accenture Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 16th will be paid a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 1.59%. Accenture's payout ratio is 51.79%.

Accenture announced that its Board of Directors has initiated a stock repurchase plan on Thursday, September 26th that authorizes the company to buyback $4.00 billion in outstanding shares. This buyback authorization authorizes the information technology services provider to repurchase up to 1.8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.

Wall Street Analyst Weigh In

ACN has been the subject of several research reports. Piper Sandler increased their price objective on shares of Accenture from $422.00 to $429.00 and gave the company an "overweight" rating in a research note on Thursday. Bank of America increased their price target on Accenture from $365.00 to $388.00 and gave the company a "buy" rating in a research note on Friday, September 27th. JPMorgan Chase & Co. boosted their price objective on Accenture from $370.00 to $396.00 and gave the stock an "overweight" rating in a research report on Monday. StockNews.com raised Accenture from a "hold" rating to a "buy" rating in a research note on Monday, December 9th. Finally, Barclays lifted their target price on shares of Accenture from $350.00 to $415.00 and gave the stock an "overweight" rating in a research report on Monday, September 30th. Eight equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $374.82.

Insider Activity at Accenture

In other news, CEO Ryoji Sekido sold 3,191 shares of the company's stock in a transaction on Monday, November 4th. The shares were sold at an average price of $343.70, for a total value of $1,096,746.70. Following the completion of the sale, the chief executive officer now owns 6 shares in the company, valued at $2,062.20. This represents a 99.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO John F. Walsh sold 5,000 shares of the business's stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $373.24, for a total transaction of $1,866,200.00. Following the transaction, the chief operating officer now owns 17,593 shares in the company, valued at approximately $6,566,411.32. This trade represents a 22.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 36,298 shares of company stock valued at $13,372,661. 0.07% of the stock is owned by company insiders.

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.