Accenture PLC (NYSE:ACN) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Accenture PLC has received an average consensus rating of "Moderate Buy" from analysts, with 15 out of 26 rating it a buy.
• Insider activity included CEO Julie Spellman Sweet selling 2,251 shares, reducing her stake by 21.73% to 8,109 shares valued at approximately $2.29 million.
• Accenture reported $3.49 EPS for the last quarter, exceeding estimates, with a revenue of $17.73 billion, up 7.7% year-over-year.

Accenture PLC (NYSE:ACN - Get Free Report) has been given an average rating of "Moderate Buy" by the twenty-six analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, fifteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $346.92.

Several research firms have commented on ACN. Argus set a $370.00 target price on shares of Accenture in a research note on Tuesday, June 24th. HSBC assumed coverage on shares of Accenture in a research note on Monday, July 28th. They set a "reduce" rating and a $240.00 target price on the stock. Rothschild & Co Redburn lowered shares of Accenture from a "buy" rating to a "neutral" rating and set a $250.00 price objective for the company. in a research report on Wednesday, September 3rd. BMO Capital Markets reduced their price objective on shares of Accenture from $355.00 to $325.00 and set a "market perform" rating for the company in a research report on Monday, June 23rd. Finally, Benchmark restated a "mixed" rating on shares of Accenture in a research report on Friday, June 20th.

Insider Activity

In other news, CEO Julie Spellman Sweet sold 2,251 shares of the firm's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.45, for a total transaction of $635,794.95. Following the completion of the transaction, the chief executive officer owned 8,109 shares in the company, valued at approximately $2,290,387.05. This trade represents a 21.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Mauro Macchi sold 500 shares of the firm's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the transaction, the chief executive officer owned 2,283 shares of the company's stock, valued at approximately $644,582.22. This trade represents a 17.97% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,954 shares of company stock worth $834,280. Corporate insiders own 0.02% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ACN. Visionary Wealth Advisors grew its position in Accenture by 3.5% during the fourth quarter. Visionary Wealth Advisors now owns 778 shares of the information technology services provider's stock valued at $274,000 after purchasing an additional 26 shares in the last quarter. Vivaldi Capital Management LP grew its position in Accenture by 3.6% during the fourth quarter. Vivaldi Capital Management LP now owns 782 shares of the information technology services provider's stock valued at $292,000 after purchasing an additional 27 shares in the last quarter. Viawealth LLC grew its position in Accenture by 2.6% during the first quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider's stock valued at $408,000 after purchasing an additional 33 shares in the last quarter. Aprio Wealth Management LLC grew its position in Accenture by 2.1% during the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider's stock valued at $512,000 after purchasing an additional 33 shares in the last quarter. Finally, First National Advisers LLC grew its position in Accenture by 0.4% during the first quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider's stock valued at $2,939,000 after purchasing an additional 34 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Stock Down 0.3%

ACN stock opened at $237.87 on Tuesday. The stock has a market cap of $148.98 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 2.05 and a beta of 1.30. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. The firm's 50-day simple moving average is $261.96 and its 200 day simple moving average is $291.97. Accenture has a fifty-two week low of $235.92 and a fifty-two week high of $398.35.

Accenture (NYSE:ACN - Get Free Report) last released its earnings results on Friday, June 20th. The information technology services provider reported $3.49 EPS for the quarter, beating the consensus estimate of $3.32 by $0.17. The firm had revenue of $17.73 billion for the quarter, compared to analysts' expectations of $17.26 billion. Accenture had a net margin of 11.61% and a return on equity of 26.55%. Accenture's quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the company earned $3.13 EPS. Accenture has set its Q4 2025 guidance at EPS. FY 2025 guidance at 12.770-12.890 EPS. As a group, sell-side analysts predict that Accenture will post 12.73 EPS for the current year.

Accenture Company Profile

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.

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