FY2025 EPS Estimates for Accenture Boosted by William Blair

Accenture PLC (NYSE:ACN - Free Report) - Stock analysts at William Blair lifted their FY2025 EPS estimates for Accenture in a report released on Monday, June 23rd. William Blair analyst M. Nolan now expects that the information technology services provider will post earnings per share of $12.83 for the year, up from their previous forecast of $12.62. The consensus estimate for Accenture's current full-year earnings is $12.73 per share. William Blair also issued estimates for Accenture's FY2026 earnings at $13.81 EPS and FY2027 earnings at $14.58 EPS.

ACN has been the topic of a number of other research reports. BMO Capital Markets decreased their target price on shares of Accenture from $355.00 to $325.00 and set a "market perform" rating on the stock in a report on Monday. Wall Street Zen downgraded Accenture from a "buy" rating to a "hold" rating in a research report on Tuesday, March 11th. Benchmark restated a "mixed" rating on shares of Accenture in a research report on Friday, June 20th. Royal Bank Of Canada dropped their target price on shares of Accenture from $399.00 to $392.00 and set an "outperform" rating for the company in a research report on Friday, March 21st. Finally, Barclays cut their price target on shares of Accenture from $390.00 to $360.00 and set an "overweight" rating for the company in a research note on Monday. Seven investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $370.75.

Accenture Stock Performance

Shares of NYSE:ACN traded down $6.01 during midday trading on Tuesday, reaching $294.71. 3,164,347 shares of the company traded hands, compared to its average volume of 2,943,222. The firm's fifty day moving average price is $307.33 and its two-hundred day moving average price is $332.81. Accenture has a 12 month low of $273.19 and a 12 month high of $398.35. The firm has a market capitalization of $184.59 billion, a price-to-earnings ratio of 23.46, a price-to-earnings-growth ratio of 2.94 and a beta of 1.33. The company has a quick ratio of 1.48, a current ratio of 1.46 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN - Get Free Report) last released its quarterly earnings data on Friday, June 20th. The information technology services provider reported $3.49 earnings per share for the quarter, beating analysts' consensus estimates of $3.32 by $0.17. The business had revenue of $17.73 billion during the quarter, compared to analyst estimates of $17.26 billion. Accenture had a net margin of 11.61% and a return on equity of 26.55%. Accenture's revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business earned $3.13 EPS.

Institutional Investors Weigh In On Accenture

A number of large investors have recently added to or reduced their stakes in ACN. Brighton Jones LLC raised its position in Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider's stock valued at $6,486,000 after purchasing an additional 4,905 shares during the last quarter. Sigma Planning Corp raised its holdings in shares of Accenture by 3.4% during the fourth quarter. Sigma Planning Corp now owns 2,526 shares of the information technology services provider's stock valued at $889,000 after acquiring an additional 83 shares in the last quarter. Howard Capital Management Inc. purchased a new stake in Accenture in the fourth quarter worth $1,531,000. MONECO Advisors LLC boosted its holdings in Accenture by 26.9% in the fourth quarter. MONECO Advisors LLC now owns 1,713 shares of the information technology services provider's stock valued at $603,000 after acquiring an additional 363 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in Accenture during the 4th quarter valued at $350,000. Institutional investors own 75.14% of the company's stock.

Insider Activity

In other news, General Counsel Joel Unruch sold 3,563 shares of the firm's stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of $281.78, for a total value of $1,003,982.14. Following the transaction, the general counsel now owns 17,237 shares in the company, valued at approximately $4,857,041.86. This trade represents a 17.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO John F. Walsh sold 2,500 shares of Accenture stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $325.00, for a total transaction of $812,500.00. Following the completion of the transaction, the chief operating officer now directly owns 15,882 shares in the company, valued at approximately $5,161,650. The trade was a 13.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,516 shares of company stock valued at $2,507,366. Insiders own 0.02% of the company's stock.

Accenture Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Thursday, July 10th will be issued a $1.48 dividend. The ex-dividend date is Thursday, July 10th. This represents a $5.92 annualized dividend and a dividend yield of 2.01%. Accenture's dividend payout ratio is currently 47.13%.

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.