Zacks Research Boosts Earnings Estimates for Accenture

Accenture PLC (NYSE:ACN - Free Report) - Equities research analysts at Zacks Research lifted their FY2025 EPS estimates for Accenture in a research note issued to investors on Tuesday, July 8th. Zacks Research analyst R. Department now forecasts that the information technology services provider will post earnings of $12.85 per share for the year, up from their prior estimate of $12.62. The consensus estimate for Accenture's current full-year earnings is $12.73 per share. Zacks Research also issued estimates for Accenture's Q3 2026 earnings at $3.49 EPS, Q4 2026 earnings at $3.27 EPS and Q2 2027 earnings at $3.24 EPS.

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

A number of other brokerages also recently commented on ACN. UBS Group reaffirmed a "buy" rating and set a $395.00 target price (up from $390.00) on shares of Accenture in a research note on Thursday, May 22nd. Benchmark reaffirmed a "mixed" rating on shares of Accenture in a research note on Friday, June 20th. Guggenheim reduced their target price on shares of Accenture from $360.00 to $335.00 and set a "buy" rating on the stock in a research note on Monday, June 23rd. Piper Sandler reduced their target price on shares of Accenture from $364.00 to $355.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Accenture from $349.00 to $353.00 and gave the company an "overweight" rating in a research note on Monday, June 16th. Seven investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Accenture currently has an average rating of "Moderate Buy" and an average price target of $370.71.

Accenture Trading Down 2.5%

ACN stock traded down $7.35 during trading on Friday, reaching $281.01. 5,075,765 shares of the stock were exchanged, compared to its average volume of 2,924,704. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average price of $309.00 and a 200-day moving average price of $327.36. Accenture has a 1 year low of $273.19 and a 1 year high of $398.35. The firm has a market capitalization of $176.00 billion, a price-to-earnings ratio of 22.37, a P/E/G ratio of 2.71 and a beta of 1.29.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Accenture by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider's stock valued at $19,912,594,000 after buying an additional 3,419,577 shares in the last quarter. Geode Capital Management LLC raised its position in Accenture by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 13,528,348 shares of the information technology services provider's stock valued at $4,750,021,000 after purchasing an additional 136,665 shares during the last quarter. Capital Research Global Investors raised its position in Accenture by 16.8% in the 4th quarter. Capital Research Global Investors now owns 12,295,748 shares of the information technology services provider's stock valued at $4,325,526,000 after purchasing an additional 1,770,024 shares during the last quarter. Wellington Management Group LLP raised its position in Accenture by 22.8% in the 4th quarter. Wellington Management Group LLP now owns 12,175,518 shares of the information technology services provider's stock valued at $4,283,225,000 after purchasing an additional 2,260,740 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in Accenture by 63.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider's stock valued at $2,793,889,000 after purchasing an additional 3,490,569 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company's stock.

Insider Activity

In other news, COO John F. Walsh sold 2,500 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $325.00, for a total value of $812,500.00. Following the completion of the transaction, the chief operating officer owned 15,882 shares in the company, valued at approximately $5,161,650. This represents a 13.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.02% of the company's stock.

Accenture Announces Dividend

The business also recently announced 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. This represents a $5.92 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Thursday, July 10th. Accenture's payout ratio is 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.