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After finishing at $343.90 in the prior trading day, Accenture plc (NYSE: ACN) closed at $345.49, up 0.46%. In other words, the price has increased by $0.46 from its previous closing price. On the day, 1.55 million shares were traded. ACN stock price reached its highest trading level at $347.4199 during the session, while it also had its lowest trading level at $342.21.
Ratios:
Our goal is to gain a better understanding of ACN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 43.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.09.
On September 30, 2024, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $321 to $400.
Piper Sandler Upgraded its Neutral to Overweight on September 26, 2024, whereas the target price for the stock was revised from $329 to $395.
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 Nov 04 ’24 when Sekido Ryoji sold 3,191 shares for $343.70 per share. The transaction valued at 1,096,761 led to the insider holds 6 shares of the business.
Sekido Ryoji bought 3,191 shares of ACN for $1,101,725 on Nov 04 ’24. On Oct 28 ’24, another insider, Sweet Julie Spellman, who serves as the Chair and CEO of the company, sold 8,136 shares for $362.07 each. As a result, the insider received 2,945,768 and left with 12,188 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 215881498624 and an Enterprise Value of 215871668224. As of this moment, Accenture’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.21, and their Forward P/E ratio for the next fiscal year is 24.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.33 while its Price-to-Book (P/B) ratio in mrq is 7.64. Its current Enterprise Value per Revenue stands at 3.326 whereas that against EBITDA is 19.508.
Stock Price History:
Over the past 52 weeks, ACN has reached a high of $387.51, while it has fallen to a 52-week low of $278.69. The 50-Day Moving Average of the stock is -2.00%, while the 200-Day Moving Average is calculated to be 3.02%.
Shares Statistics:
The stock has traded on average 2.27M shares per day over the past 3-months and 2525980 shares per day over the last 10 days, according to various share statistics. A total of 625.28M shares are outstanding, with a floating share count of 623.27M. Insiders hold about 0.25% of the company’s shares, while institutions hold 77.42% stake in the company. Shares short for ACN as of 1728950400 were 6190993 with a Short Ratio of 2.73, compared to 1726185600 on 6261625. Therefore, it implies a Short% of Shares Outstanding of 6190993 and a Short% of Float of 0.9900000000000001.
Dividends & Splits
In the trailing 12 months, ACN’s forward annual dividend rate was 5.35, compared to 5.35 this year. Against a Trailing Annual Dividend Yield of 0.015556848The stock’s 5-year Average Dividend Yield is 1.35.
