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Accenture plc (NYSE: ACN) closed the day trading at $309.00 down -1.45% from the previous closing price of $313.54. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 3.59 million shares were traded. ACN stock price reached its highest trading level at $310.2439 during the session, while it also had its lowest trading level at $305.35.
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 37.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.08. 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 19 ’24 when Unruch Joel sold 4,333 shares for $316.12 per share. The transaction valued at 1,369,733 led to the insider holds 30,702 shares of the business.
Ollagnier Jean-Marc sold 6,250 shares of ACN for $1,974,432 on Apr 12 ’24. The CEO EMEA now owns 161,581 shares after completing the transaction at $315.91 per share. On Apr 12 ’24, another insider, McClure Kathleen R, who serves as the Chief Financial Officer of the company, sold 4,500 shares for $316.00 each. As a result, the insider received 1,422,008 and left with 42,781 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 197131796480 and an Enterprise Value of 193143750656. As of this moment, Accenture’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.01, and their Forward P/E ratio for the next fiscal year is 23.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01 while its Price-to-Book (P/B) ratio in mrq is 7.16. Its current Enterprise Value per Revenue stands at 2.991 whereas that against EBITDA is 17.127.
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 $261.68. The 50-Day Moving Average of the stock is -12.34%, while the 200-Day Moving Average is calculated to be -7.31%.
Shares Statistics:
Over the past 3-months, ACN traded about 2.48M shares per day on average, while over the past 10 days, ACN traded about 3147410 shares per day. A total of 628.27M shares are outstanding, with a floating share count of 627.19M. Insiders hold about 0.24% of the company’s shares, while institutions hold 77.95% stake in the company. Shares short for ACN as of 1713139200 were 7147713 with a Short Ratio of 2.88, 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 0.015915034The stock’s 5-year Average Dividend Yield is 1.34.
