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Accenture (ACN) Stock Price, News & Analysis

$299.38
+0.24 (+0.08%)
(As of 07/8/2024 ET)
Today's Range
$295.60
$301.95
50-Day Range
$281.76
$311.99
52-Week Range
$278.69
$387.51
Volume
2.56 million shs
Average Volume
2.90 million shs
Market Capitalization
$187.62 billion
P/E Ratio
27.42
Dividend Yield
1.72%
Price Target
$351.82

Accenture MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
17.5% Upside
$351.82 Price Target
Short Interest
Healthy
1.29% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.71
Upright™ Environmental Score
News Sentiment
1.25mentions of Accenture in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$6.30 M Sold Last Quarter
Proj. Earnings Growth
5.44%
From $11.95 to $12.60 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.91 out of 5 stars

Business Services Sector

7th out of 294 stocks

Business Services, Not Elsewhere Classified Industry

5th out of 91 stocks

ACN stock logo

About Accenture Stock (NYSE:ACN)

Accenture plc is a global professional services company that operates in various industries worldwide. With a mission to provide exceptional strategy and consulting, interactive technology, and operation services, Accenture has established itself as a leader in the professional services sector. The company's headquarters are located in Dublin, Ireland.

Accenture offers its diverse client base a wide range of products and services. Its application services cover areas such as agile transformation, DevOps, software and quality engineering, data management, and intelligent automation. The company also provides strategy and consulting services, focusing on data and analytics, metaverse, sustainability, and HR transformation. Accenture's technology services encompass cloud infrastructure management, AI, and technology consulting. Additionally, the company offers engineering and R&D digitization, business process outsourcing, and various services related to technology innovation.

Accenture is led by a highly experienced and accomplished management team. Julie T. Spellman Sweet serves as the Chief Executive Officer and Chairman of Accenture, bringing her expertise in driving growth and delivering strategic value to clients. Kathleen R. McClure is the Chief Financial Officer overseeing the company's financial operations. Gianfranco Casati serves as the Executive Chairman of Growth Markets, and Jean-Marc Ollagnier leads as the Chief Executive Officer of Europe. James O. Etheredge holds the position of Chief Executive Officer of North America. These executives bring a wealth of knowledge and industry experience to their respective roles, contributing to Accenture's success.

Accenture has consistently delivered strong financial performance over the years. The company has reported substantial revenue, impressive earnings, and healthy profit margins. Accenture's financial performance reflects its ability to generate significant income and maintain a strong market position. Furthermore, the company has effectively managed its debt levels, ensuring financial stability and flexibility.

Accenture's valuation metrics, such as price-to-earnings and price-to-book ratio, are generally favorable compared to industry peers. The company's strong financial performance, market leadership, and growth potential contribute to its favorable valuation. Investors recognize the company's value and prospects, which may be reflected in the stock's performance.

Accenture operates in the broader professional services industry, which is characterized by intense competition and evolving trends. The industry's landscape is constantly changing due to technological advancements, regulatory changes, and shifts in client demands. Accenture competes with other major professional services firms, each vying for market share and differentiation. Its strong reputation, global reach, and comprehensive service offerings give it a competitive advantage. Moreover, Accenture's ability to leverage emerging technologies and provide innovative solutions positions it well in the industry.

Accenture has numerous growth opportunities in various areas. The company can leverage its expertise in emerging technologies such as AI, data analytics, and automation to drive innovation and expand its service offerings. Additionally, Accenture can explore new markets, capitalize on digital transformation initiatives and pursue strategic acquisitions to enhance its capabilities. The company's strong relationships with key customers and ability to provide tailored solutions enable it to seize growth opportunities effectively.

While Accenture has demonstrated resilience and adaptability, it faces certain risks and challenges. Changes in consumer preferences, technological disruptions, and evolving regulatory landscapes pose potential dangers to Accenture's business. Consumer preferences can shift rapidly, requiring the company to stay agile and continuously innovate to meet changing demands. Moreover, technological disruptions, such as advancements in artificial intelligence or automation, can impact the traditional service offerings of professional services firms. Accenture must stay at the forefront of emerging technologies and adapt its services to remain relevant and competitive.

Additionally, regulatory changes can introduce uncertainties and compliance challenges. As governments worldwide implement new regulations and policies, Accenture must navigate the evolving landscape to ensure compliance while providing valuable services to clients. Close monitoring of regulatory developments and proactive engagement with relevant stakeholders is essential for the company to mitigate potential risks.

Despite these challenges, Accenture's robust risk management strategies and ability to anticipate and respond to market dynamics position it well to address potential risks. The company's focus on innovation, investment in talent development, and strategic partnerships contribute to its ability to overcome challenges and sustain its growth trajectory.

ACN Stock Price History

ACN Stock News Headlines

Accenture logo sign interior building
Accenture’s Stock Earnings Reveal an AI-Powered Growth Strategy
Accenture's strategic focus on generative AI drives growth despite a slight earnings miss in Q3 FY24.
Accenture logo sign interior building
Accenture's Stock Earnings Reveal an AI-Powered Growth Strategy
Accenture NYSE: ACN is a global leader in professional services and technology consulting. Accenture's third-quarter earnings revealed a company strategically positioned for growth within the rapidly evolving technological sector.
Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
3 Quantum Computing Stocks to Buy Now: June 2024
Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
Accenture Stock Jumps as AI-Related Bookings Soar
Accenture Reports Third-Quarter Fiscal 2024 Results
See More Headlines
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Company Calendar

Ex-Dividend for 5/15 Dividend
4/10/2024
Dividend Payable
5/15/2024
Last Earnings
6/20/2024
Today
7/09/2024
Ex-Dividend for 8/15 Dividend
7/11/2024
Dividend Payable
8/15/2024
Fiscal Year End
8/31/2024
Next Earnings (Estimated)
9/26/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
IT Consulting & Other Services
CUSIP
G1151C10
Employees
733,000
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$351.82
High Stock Price Target
$445.00
Low Stock Price Target
$275.00
Potential Upside/Downside
+17.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
22 Analysts

Profitability

Net Income
$6.87 billion
Pretax Margin
14.46%

Debt

Sales & Book Value

Annual Sales
$64.11 billion
Cash Flow
$15.71 per share
Book Value
$45.67 per share

Miscellaneous

Free Float
626,254,000
Market Cap
$187.62 billion
Optionable
Optionable
Beta
1.23

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Should I Buy Accenture Stock? ACN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Accenture:

  • Accenture plc provides a wide range of professional services including strategy and consulting, industry X, song, and technology and operation services worldwide.
  • Recent developments in agile transformation, DevOps, application modernization, and enterprise architecture have positioned Accenture as a leader in application services.
  • Accenture's strong focus on software development and technology solutions has led to innovative offerings for clients.
  • With a global presence, Accenture has the ability to tap into various markets and industries, providing diversification for investors.
  • Current stock price of Accenture plc is at a favorable level for potential investors, offering a good entry point.

Cons

Investors should be bearish about investing in Accenture for these reasons:

  • While Accenture offers a wide range of services, competition in the professional services industry is intense, which may impact profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Accenture pros and cons to contact@marketbeat.com.

ACN Stock Analysis - Frequently Asked Questions

How have ACN shares performed this year?

Accenture's stock was trading at $350.91 at the beginning of the year. Since then, ACN stock has decreased by 14.7% and is now trading at $299.38.
View the best growth stocks for 2024 here
.

How were Accenture's earnings last quarter?

Accenture plc (NYSE:ACN) issued its earnings results on Thursday, June, 20th. The information technology services provider reported $3.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.15 by $0.02. The company's revenue was down .6% compared to the same quarter last year.
Read the conference call transcript
.

Is Accenture doing a stock buyback?

Accenture's Board of Directors approved a share buyback program on Thursday, September 28th 2023, which allows the company to repurchase $4,000,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.

What is Julie Sweet's approval rating as Accenture's CEO?

555 employees have rated Accenture Chief Executive Officer Julie Sweet on Glassdoor.com. Julie Sweet has an approval rating of 86% among the company's employees.

Does Accenture have any subsidiaries?

Accenture subsidiaries include Ergo, Avieco, AFD.TECH, Alfa Consulting, Tambourine, Zestgroup, Headspring, and others.

Who are Accenture's major shareholders?

Accenture's top institutional shareholders include Massmutual Trust Co. FSB ADV (0.01%), First Financial Bank Trust Division, Boston Common Asset Management LLC and Birch Capital Management LLC. Insiders that own company stock include Jean-Marc Ollagnier, Kathleen R Mcclure, Joel Unruch, Julie Spellman Sweet, John F Walsh, Leonardo Framil, James O Etheredge, Ellyn Shook, Jaime Ardila, Melissa A Burgum, Paula A Price, Manish Sharma, Richard P Clark and Johan Deblaere.
View institutional ownership trends
.

How do I buy shares of Accenture?

Shares of ACN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Accenture own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Accenture investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW) and Micron Technology (MU).

This page (NYSE:ACN) was last updated on 7/9/2024 by MarketBeat.com Staff

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