What is Zacks Research's Forecast for Accenture Q2 Earnings?

Key Points

• Zacks Research has revised its Q2 2027 earnings estimate for Accenture from $3.24 to $3.23 per share, while the full-year earnings consensus stands at $12.73 per share.
• Accenture's recent quarterly performance exceeded expectations, reporting earnings of $3.49 per share and revenues of $17.73 billion, both surpassing analysts' estimates.
• The company declared a quarterly dividend of $1.48 per share with a dividend yield of 2.4%, to be paid out on August 15th.

Accenture PLC (NYSE:ACN - Free Report) - Analysts at Zacks Research cut their Q2 2027 earnings estimates for Accenture in a note issued to investors on Wednesday, August 13th. Zacks Research analyst R. Department now expects that the information technology services provider will post earnings of $3.23 per share for the quarter, down from their previous forecast of $3.24. The consensus estimate for Accenture's current full-year earnings is $12.73 per share.

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

Several other equities research analysts have also recently issued reports on the stock. Guggenheim decreased their price objective on shares of Accenture from $360.00 to $335.00 and set a "buy" rating for the company in a research report on Monday, June 23rd. Morgan Stanley decreased their price objective on shares of Accenture from $340.00 to $325.00 and set an "equal weight" rating for the company in a research report on Tuesday, June 24th. HSBC initiated coverage on shares of Accenture in a research report on Monday, July 28th. They set a "reduce" rating and a $240.00 price objective for the company. Mizuho set a $348.00 price objective on shares of Accenture and gave the stock an "outperform" rating in a research report on Tuesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Accenture in a research report on Thursday, July 17th. They issued a "hold" rating and a $290.00 price target for the company. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $360.21.

Accenture Stock Down 0.4%

Shares of NYSE:ACN traded down $0.87 during trading on Thursday, hitting $244.82. The company's stock had a trading volume of 1,204,569 shares, compared to its average volume of 3,519,541. The company has a market capitalization of $153.33 billion, a PE ratio of 19.51, a P/E/G ratio of 2.16 and a beta of 1.29. The business has a 50 day moving average price of $286.71 and a two-hundred day moving average price of $313.39. Accenture has a fifty-two week low of $236.67 and a fifty-two week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lipe & Dalton grew its position in Accenture by 2,087.4% during the first quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider's stock worth $1,570,000 after buying an additional 4,801 shares during the period. Capital Research Global Investors grew its position in Accenture by 16.8% during the fourth quarter. Capital Research Global Investors now owns 12,295,748 shares of the information technology services provider's stock worth $4,325,526,000 after buying an additional 1,770,024 shares during the period. Alteri Wealth LLC acquired a new position in Accenture during the fourth quarter worth about $321,000. United Bank acquired a new position in Accenture during the first quarter worth about $758,000. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of Accenture by 62.2% in the first quarter. Exchange Traded Concepts LLC now owns 905 shares of the information technology services provider's stock valued at $282,000 after purchasing an additional 347 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Accenture

In other news, CEO Mauro Macchi sold 500 shares of the business'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 directly owned 2,283 shares in the company, valued at $644,582.22. The trade was a 17.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Julie Spellman Sweet sold 2,251 shares of the business's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,954 shares of company stock worth $834,280 over the last ninety days. 0.02% of the stock is currently owned by company insiders.

Accenture Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Thursday, July 10th will be paid a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date 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.

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