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Accenture plc (NYSE: ACN) closed the day trading at $303.16 down -1.57% from the previous closing price of $308.01. In other words, the price has decreased by -$1.57 from its previous closing price. On the day, 4.72 million shares were traded. ACN stock price reached its highest trading level at $308.615 during the session, while it also had its lowest trading level at $302.5.
Ratios:
For a better understanding of ACN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.09.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Susquehanna on March 21, 2024, Downgraded its rating to Neutral and sets its target price to $360 from $400 previously.
On March 19, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $425.
On January 30, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $426.Mizuho initiated its Buy rating on January 30, 2024, with a $426 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 25 ’24 when Shook Ellyn sold 5,000 shares for $307.22 per share. The transaction valued at 1,536,112 led to the insider holds 13,699 shares of the business.
Unruch Joel sold 4,333 shares of ACN for $1,369,733 on Apr 19 ’24. The General Counsel/Corp Secretary now owns 30,702 shares after completing the transaction at $316.12 per share. On Apr 12 ’24, another insider, Ollagnier Jean-Marc, who serves as the CEO EMEA of the company, sold 6,250 shares for $315.91 each. As a result, the insider received 1,974,432 and left with 161,581 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACN now has a Market Capitalization of 193654669312 and an Enterprise Value of 189471965184. As of this moment, Accenture’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.48, and their Forward P/E ratio for the next fiscal year is 23.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.95 while its Price-to-Book (P/B) ratio in mrq is 7.03. Its current Enterprise Value per Revenue stands at 2.934 whereas that against EBITDA is 16.801.
Stock Price History:
The Beta on a monthly basis for ACN is 1.20, which has changed by 0.09546864 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, ACN has reached a high of $387.51, while it has fallen to a 52-week low of $261.68. The 50-Day Moving Average of the stock is -13.42%, while the 200-Day Moving Average is calculated to be -9.06%.
Shares Statistics:
Over the past 3-months, ACN traded about 2.54M shares per day on average, while over the past 10 days, ACN traded about 3236030 shares per day. A total of 628.27M shares are outstanding, with a floating share count of 627.20M. Insiders hold about 0.24% of the company’s shares, while institutions hold 77.88% stake in the company. Shares short for ACN as of 1713139200 were 7147713 with a Short Ratio of 2.82, compared to 1710460800 on 7514342. Therefore, it implies a Short% of Shares Outstanding of 7147713 and a Short% of Float of 1.1400000000000001.
Dividends & Splits
ACN’s forward annual dividend rate is 4.99, up from 4.99 a year ago. Against a Trailing Annual Dividend Yield of 0.016200772The stock’s 5-year Average Dividend Yield is 1.34.
Earnings Estimates
A detailed examination of Accenture plc (ACN) is currently in progress, with 20.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $3.15 for the current quarter, with a high estimate of $3.26 and a low estimate of $3.06, while EPS last year was $3.19. The consensus estimate for the next quarter is $2.91, with high estimates of $3.03 and low estimates of $2.81.
Analysts are recommending an EPS of between $12.25 and $12.0 for the fiscal current year, implying an average EPS of $12.1. EPS for the following year is $13.12, with 23.0 analysts recommending between $14.64 and $12.52.
Revenue Estimates
For the next quarter, 18 analysts are estimating revenue of $16.61B. There is a high estimate of $16.82B for the next quarter, whereas the lowest estimate is $16.3B.
A total of 24 analysts have provided revenue estimates for ACN’s current fiscal year. The highest revenue estimate was $66.01B, while the lowest revenue estimate was $64.75B, resulting in an average revenue estimate of $65.26B. In the same quarter a year ago, actual revenue was $64.11BBased on 24 analysts’ estimates, the company’s revenue will be $69.74B in the next fiscal year. The high estimate is $74.57B and the low estimate is $68.02B.
