Gift Opening
$200 Off MarketBeat All Access
Thanks for being one of our best subscribers! You are eligible for a limited-time discount.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
Claim Your Discount
×
Free Trial
NYSE:ACN

Accenture (ACN) Stock Price, News & Analysis

$336.22
+0.98 (+0.29%)
(As of 09/20/2024 ET)

About Accenture Stock (NYSE:ACN)

Key Stats

Today's Range
$331.87
$336.35
50-Day Range
$313.92
$354.12
52-Week Range
$278.69
$387.51
Volume
5.18 million shs
Average Volume
2.77 million shs
Market Capitalization
$210.71 billion
P/E Ratio
30.79
Dividend Yield
1.53%
Price Target
$356.41
Consensus Rating
Moderate Buy

Company Overview

Accenture plc is a global professional services company that operates in various industries worldwide. With a mission to provide exceptional strategy and consulting, interactive technology, and operation services, Accenture has established itself as a leader in the professional services sector. The company's headquarters are located in Dublin, Ireland.

Accenture offers its diverse client base a wide range of products and services. Its application services cover areas such as agile transformation, DevOps, software and quality engineering, data management, and intelligent automation. The company also provides strategy and consulting services, focusing on data and analytics, metaverse, sustainability, and HR transformation. Accenture's technology services encompass cloud infrastructure management, AI, and technology consulting. Additionally, the company offers engineering and R&D digitization, business process outsourcing, and various services related to technology innovation.

Accenture is led by a highly experienced and accomplished management team. Julie T. Spellman Sweet serves as the Chief Executive Officer and Chairman of Accenture, bringing her expertise in driving growth and delivering strategic value to clients. Kathleen R. McClure is the Chief Financial Officer overseeing the company's financial operations. Gianfranco Casati serves as the Executive Chairman of Growth Markets, and Jean-Marc Ollagnier leads as the Chief Executive Officer of Europe. James O. Etheredge holds the position of Chief Executive Officer of North America. These executives bring a wealth of knowledge and industry experience to their respective roles, contributing to Accenture's success.

Accenture has consistently delivered strong financial performance over the years. The company has reported substantial revenue, impressive earnings, and healthy profit margins. Accenture's financial performance reflects its ability to generate significant income and maintain a strong market position. Furthermore, the company has effectively managed its debt levels, ensuring financial stability and flexibility.

Accenture's valuation metrics, such as price-to-earnings and price-to-book ratio, are generally favorable compared to industry peers. The company's strong financial performance, market leadership, and growth potential contribute to its favorable valuation. Investors recognize the company's value and prospects, which may be reflected in the stock's performance.

Accenture operates in the broader professional services industry, which is characterized by intense competition and evolving trends. The industry's landscape is constantly changing due to technological advancements, regulatory changes, and shifts in client demands. Accenture competes with other major professional services firms, each vying for market share and differentiation. Its strong reputation, global reach, and comprehensive service offerings give it a competitive advantage. Moreover, Accenture's ability to leverage emerging technologies and provide innovative solutions positions it well in the industry.

Accenture has numerous growth opportunities in various areas. The company can leverage its expertise in emerging technologies such as AI, data analytics, and automation to drive innovation and expand its service offerings. Additionally, Accenture can explore new markets, capitalize on digital transformation initiatives and pursue strategic acquisitions to enhance its capabilities. The company's strong relationships with key customers and ability to provide tailored solutions enable it to seize growth opportunities effectively.

While Accenture has demonstrated resilience and adaptability, it faces certain risks and challenges. Changes in consumer preferences, technological disruptions, and evolving regulatory landscapes pose potential dangers to Accenture's business. Consumer preferences can shift rapidly, requiring the company to stay agile and continuously innovate to meet changing demands. Moreover, technological disruptions, such as advancements in artificial intelligence or automation, can impact the traditional service offerings of professional services firms. Accenture must stay at the forefront of emerging technologies and adapt its services to remain relevant and competitive.

Additionally, regulatory changes can introduce uncertainties and compliance challenges. As governments worldwide implement new regulations and policies, Accenture must navigate the evolving landscape to ensure compliance while providing valuable services to clients. Close monitoring of regulatory developments and proactive engagement with relevant stakeholders is essential for the company to mitigate potential risks.

Despite these challenges, Accenture's robust risk management strategies and ability to anticipate and respond to market dynamics position it well to address potential risks. The company's focus on innovation, investment in talent development, and strategic partnerships contribute to its ability to overcome challenges and sustain its growth trajectory.

Accenture Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 93rd Percentile

Accenture scored higher than 93% of companies evaluated by MarketBeat, and ranked 88th out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Accenture has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 12 buy ratings, 10 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Accenture has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Accenture's stock forecast and price target.
  • Earnings Growth

    Earnings for Accenture are expected to grow by 5.36% in the coming year, from $11.95 to $12.59 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Accenture is 30.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Accenture is 30.79, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 276.11.

  • Price to Earnings Growth Ratio

    Accenture has a PEG Ratio of 3.82. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Accenture has a P/B Ratio of 7.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Accenture's valuation and earnings.
  • Percentage of Shares Shorted

    1.11% of the float of Accenture has been sold short.
  • Short Interest Ratio / Days to Cover

    Accenture has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Accenture has recently increased by 4.69%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Accenture pays a meaningful dividend of 1.48%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Accenture has been increasing its dividend for 19 years.

  • Dividend Coverage

    The dividend payout ratio of Accenture is 47.25%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Accenture will have a dividend payout ratio of 40.98% next year. This indicates that Accenture will be able to sustain or increase its dividend.

  • Read more about Accenture's dividend.
  • Percentage of Shares Shorted

    1.11% of the float of Accenture has been sold short.
  • Short Interest Ratio / Days to Cover

    Accenture has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Accenture has recently increased by 4.69%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Accenture has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 32 news articles for Accenture this week, compared to 17 articles on an average week.
  • Search Interest

    Only 30 people have searched for ACN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 8 people have added Accenture to their MarketBeat watchlist in the last 30 days. This is a decrease of -53% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Accenture insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,912,635.00 in company stock.

  • Percentage Held by Insiders

    Only 0.07% of the stock of Accenture is held by insiders.

  • Percentage Held by Institutions

    75.14% of the stock of Accenture is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Accenture's insider trading history.

ACN Stock News Headlines

What Does Accenture plc's (NYSE:ACN) Share Price Indicate?
Sell NVDA Now?
Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's what that means for your money. Billionaire Wall Street investors are quietly offloading millions of shares. What do they know that you don't? It's arguably the most popular stock in the world. Now, one 50-year Wall Street legend says its day in the sun could finally be coming to an end. Last year, he warned of two stocks that went on to crash 60%.
Accenture (NYSE:ACN) PT Raised to $365.00
Accenture to delay staff promotions by 6 months: Bloomberg
See More Headlines

ACN Stock Analysis - Frequently Asked Questions

Accenture's stock was trading at $350.91 on January 1st, 2024. Since then, ACN stock has decreased by 4.2% and is now trading at $336.22.
View the best growth stocks for 2024 here
.

Accenture plc (NYSE:ACN) posted its quarterly earnings results on Thursday, June, 20th. The information technology services provider reported $3.13 EPS for the quarter, missing the consensus estimate of $3.15 by $0.02. The company's quarterly revenue was down .6% compared to the same quarter last year.
Read the conference call transcript
.

Accenture's Board of Directors initiated a share buyback program on Thursday, September 28th 2023, which allows the company to repurchase $4,000,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 2% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its shares are undervalued.

Accenture subsidiaries include these companies: Ergo, Avieco, AFD.TECH, Alfa Consulting, Tambourine, Zestgroup, Headspring, and others.

Top institutional shareholders of Accenture include Massachusetts Financial Services Co. MA (1.74%), Legal & General Group Plc (0.94%), Ameriprise Financial Inc. (0.61%) and Clearbridge Investments LLC (0.43%). Insiders that own company stock include Jean-Marc Ollagnier, Kathleen R Mcclure, Joel Unruch, John F Walsh, Leonardo Framil, James O Etheredge, Julie Spellman Sweet, Jaime Ardila, Melissa A Burgum, Ellyn Shook, Paula A Price, Manish Sharma, Richard P Clark and Johan Deblaere.
View institutional ownership trends
.

Shares of ACN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Accenture investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW) and Micron Technology (MU).

Company Calendar

Last Earnings
6/20/2024
Ex-Dividend for 8/15 Dividend
7/11/2024
Dividend Payable
8/15/2024
Today
9/20/2024
Next Earnings (Confirmed)
9/26/2024
Fiscal Year End
8/31/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
IT Consulting & Other Services
CUSIP
G1151C10
Employees
733,000
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$356.41
High Stock Price Target
$445.00
Low Stock Price Target
$275.00
Potential Upside/Downside
+6.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
22 Analysts

Profitability

Net Income
$6.87 billion
Pretax Margin
14.46%

Debt

Sales & Book Value

Annual Sales
$64.48 billion
Cash Flow
$15.02 per share
Book Value
$42.14 per share

Miscellaneous

Free Float
626,254,000
Market Cap
$210.09 billion
Optionable
Optionable
Beta
1.24

Social Links

Should I Buy Accenture Stock? ACN Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 11, 2024. Please send any questions or comments about these Accenture pros and cons to contact@marketbeat.com.

Accenture
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Accenture:

  • Accenture's stock price has shown resilience, trading at $333.27 on the latest trading day, indicating stability.
  • Accenture has a market capitalization of $208.86 billion, signifying its strong position in the market.
  • Analysts have raised the price target for Accenture to $376.00, suggesting potential growth.
  • Insider transactions show confidence in the company, with recent sales of company stock by CFO and insider.
  • Accenture's consistent performance and moderate buy rating from analysts indicate a positive outlook for the company.

Accenture
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Accenture for these reasons:

  • Several research analysts have lowered their target prices for Accenture, indicating potential concerns about future performance.
  • Accenture's PEG ratio of 3.66 may suggest that the stock is overvalued based on its growth prospects.
  • Recent downgrades by analysts from overweight to equal weight and buy to hold ratings could raise caution among investors.
  • The beta of 1.23 for Accenture implies higher volatility compared to the market average, posing a risk factor for investors.
  • Despite a moderate buy rating, the consensus target price of $352.33 may indicate limited upside potential for the stock.

This page (NYSE:ACN) was last updated on 9/20/2024 by MarketBeat.com Staff
From Our Partners