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Accenture (ACN) Stock Price, News & Analysis

$333.60
+3.23 (+0.98%)
(As of 08/21/2024 ET)
Today's Range
$330.54
$333.66
50-Day Range
$282.32
$333.60
52-Week Range
$278.69
$387.51
Volume
1.23 million shs
Average Volume
2.86 million shs
Market Capitalization
$209.06 billion
P/E Ratio
30.55
Dividend Yield
1.55%
Price Target
$351.82

Accenture MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
5.6% Upside
$352.33 Price Target
Short Interest
Healthy
1.18% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.71
Upright™ Environmental Score
News Sentiment
0.84mentions of Accenture in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$6.91 M Sold Last Quarter
Proj. Earnings Growth
5.27%
From $11.95 to $12.58 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.59 out of 5 stars

Computer And Technology Sector

85th out of 594 stocks

Business Services, Not Elsewhere Classified Industry

16th out of 88 stocks

ACN stock logo

About Accenture Stock (NYSE:ACN)

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.

ACN Stock Price History

ACN Stock News Headlines

$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
Accenture plc (ACN) Fell 14% in Q2
Accenture's Promising Potential For Growth
Analyzing Accenture (NYSE:ACN) & MSCI (NYSE:MSCI)
ACN Aug 2024 332.500 put (ACN240823P00332500)
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
ACN Aug 2024 302.500 call (ACN240823C00302500)
Accenture's Bet On GenAI Is Paying Off
Contrasting Society Pass (NASDAQ:SOPA) and Accenture (NYSE:ACN)
ACN Aug 2024 350.000 call
ACN Aug 2024 285.000 put
See More Headlines
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Company Calendar

Last Earnings
6/20/2024
Ex-Dividend for 8/15 Dividend
7/11/2024
Dividend Payable
8/15/2024
Today
8/21/2024
Fiscal Year End
8/31/2024
Next Earnings (Confirmed)
9/26/2024

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
$351.82
High Stock Price Target
$445.00
Low Stock Price Target
$275.00
Potential Upside/Downside
+5.5%
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
$15.96 per share
Book Value
$45.67 per share

Miscellaneous

Free Float
626,254,000
Market Cap
$209.06 billion
Optionable
Optionable
Beta
1.23

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Should I Buy Accenture Stock? ACN Pros and Cons Explained

Pros

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

  • Accenture's stock price has shown resilience, trading at $329.20 on the market, indicating stability and potential growth.
  • Accenture has a strong track record of consistent revenue growth, which is a positive indicator for long-term investors.
  • With a market capitalization of $206.31 billion, Accenture is a large and established player in the information technology services sector, providing stability and credibility.
  • Accenture's healthy net margin of 10.79% showcases efficient cost management and profitability, which can be attractive to investors seeking returns.
  • Accenture's return on equity of 27.48% demonstrates the company's ability to generate profits from shareholders' equity, indicating strong financial performance.

Cons

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

  • Accenture's stock has experienced a decline from its 52-week high of $387.51, suggesting potential volatility and downside risk.
  • Accenture's P/E ratio of 30.15 and P/E/G ratio of 3.66 may indicate that the stock is currently overvalued, posing a risk for investors looking for undervalued opportunities.
  • While Accenture has a strong market presence, increased competition in the information technology services sector could impact the company's market share and growth prospects.
  • The company's 50-day simple moving average of $303.51 is below the current stock price, signaling a short-term bearish trend that investors should consider.
  • Accenture's beta of 1.23 indicates that the stock is moderately correlated with the overall market, potentially exposing investors to market fluctuations.
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 Sunday, August 18, 2024. Please send any questions or comments about these Accenture pros and cons to contact@marketbeat.com.

ACN Stock Analysis - Frequently Asked Questions

How have ACN shares performed this year?

Accenture's stock was trading at $350.91 at the beginning of 2024. Since then, ACN stock has decreased by 4.9% and is now trading at $333.60.
View the best growth stocks for 2024 here
.

How were Accenture's earnings last quarter?

Accenture plc (NYSE:ACN) posted its quarterly earnings data on Thursday, June, 20th. The information technology services provider reported $3.13 EPS for the quarter, missing analysts' consensus estimates of $3.15 by $0.02. The company's quarterly revenue was down .6% on a year-over-year basis.
Read the conference call transcript
.

Is Accenture doing a stock buyback?

Accenture's Board of Directors initiated a stock buyback plan on Thursday, September 28th 2023, which authorizes the company to buy back $4,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

What is Julie Sweet's approval rating as Accenture's CEO?

555 employees have rated Accenture Chief Executive Officer Julie Sweet on Glassdoor.com. Julie Sweet has an approval rating of 86% among the company's employees.

Does Accenture have any subsidiaries?

The following companies are subsidiaries of Accenture: Ergo, Avieco, AFD.TECH, Alfa Consulting, Tambourine, Zestgroup, Headspring, and others.

Who are Accenture's major shareholders?

Accenture's top institutional investors include Massachusetts Financial Services Co. MA (1.74%), Legal & General Group Plc (0.94%), Ameriprise Financial Inc. (0.61%) and Dimensional Fund Advisors LP (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
.

How do I buy shares of Accenture?

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.

What other stocks do shareholders of Accenture own?

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).

This page (NYSE:ACN) was last updated on 8/22/2024 by MarketBeat.com Staff

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