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NYSE:ACN

Accenture (ACN) Stock Price, News & Analysis

$349.70
-6.11 (-1.72%)
(As of 04:30 PM ET)

About Accenture Stock (NYSE:ACN)

Key Stats

Today's Range
$349.30
$358.34
50-Day Range
$313.92
$355.81
52-Week Range
$278.69
$387.51
Volume
2.57 million shs
Average Volume
2.78 million shs
Market Capitalization
$219.15 billion
P/E Ratio
32.02
Dividend Yield
1.48%
Price Target
$364.64
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
98th Percentile Overall Score

ACN MarketRank™: 

Accenture scored higher than 98% of companies evaluated by MarketBeat, and ranked 33rd out of 669 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 2.59, and is based on 13 buy ratings, 9 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Accenture has been the subject of 13 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 5.77% in the coming year, from $11.95 to $12.64 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Accenture is 32.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.46.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Accenture is 32.20, 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 265.52.

  • Price to Earnings Growth Ratio

    Accenture has a PEG Ratio of 3.69. 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 8.34. 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

    1.00% 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 decreased by 9.54%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Accenture pays a meaningful dividend of 1.52%, 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 40.82% 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

    1.00% 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 decreased by 9.54%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Accenture has a news sentiment score of 0.69. 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 0.57 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 61 news articles for Accenture this week, compared to 17 articles on an average week.
  • Search Interest

    Only 35 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

    15 people have added Accenture to their MarketBeat watchlist in the last 30 days. This is an increase of 67% 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

Accenture (NYSE:ACN) Given New $415.00 Price Target at UBS Group
The True Potential for Civil War…
Radical leftists mobilizing illegal immigrants, violence and looting, even marital law. 43% of respondents, for example, in a recent survey said they believe a civil war is “likely” in the next decade.
Accenture (NYSE:ACN) Posts Earnings Results, Beats Expectations By $0.02 EPS
Piper Sandler Upgrades Accenture (ACN)
Accenture (NYSE:ACN) Lifted to Overweight at Piper Sandler
Accenture (NYSE:ACN) to Repurchase $4.00 billion in Stock
See More Headlines

ACN Stock Analysis - Frequently Asked Questions

Accenture's stock was trading at $350.91 at the start of the year. Since then, ACN stock has increased by 0.2% and is now trading at $351.59.
View the best growth stocks for 2024 here
.

Accenture plc (NYSE:ACN) issued its earnings results on Thursday, September, 26th. The information technology services provider reported $2.79 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.01. The company's revenue for the quarter was up 2.6% on a year-over-year basis.
Read the conference call transcript
.

Accenture's Board of Directors approved a stock buyback plan on Thursday, September 26th 2024, which allows the company to buy back $4,000,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 1.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

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

Top institutional investors 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

Ex-Dividend for 8/15 Dividend
7/11/2024
Dividend Payable
8/15/2024
Last Earnings
9/26/2024
Today
9/27/2024
Ex-Dividend for 11/15 Dividend
10/10/2024
Dividend Payable
11/15/2024
Next Earnings (Estimated)
12/17/2024
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
$363.95
High Stock Price Target
$445.00
Low Stock Price Target
$275.00
Potential Upside/Downside
+0.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.59
Research Coverage
22 Analysts

Profitability

Net Income
$6.87 billion
Pretax Margin
14.46%

Debt

Sales & Book Value

Annual Sales
$64.11 billion
Cash Flow
$16.48 per share
Book Value
$42.14 per share

Miscellaneous

Free Float
626,254,000
Market Cap
$223.16 billion
Optionable
Optionable
Beta
1.24

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This page (NYSE:ACN) was last updated on 9/27/2024 by MarketBeat.com Staff
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