Accenture PLC (NYSE:ACN) Receives Average Recommendation of “Hold” from Analysts

Shares of Accenture PLC (NYSE:ACNGet Free Report) have earned an average rating of “Hold” from the twenty-seven research firms that are currently covering the stock, MarketBeat Ratings reports. Fourteen research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $199.7692.

ACN has been the subject of a number of research reports. Evercore set a $180.00 target price on Accenture in a research note on Thursday. Royal Bank Of Canada lowered their target price on Accenture from $253.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday. William Blair cut Accenture from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft lowered their target price on Accenture from $199.00 to $140.00 and set a “hold” rating for the company in a research note on Monday. Finally, Mizuho lowered their target price on Accenture from $309.00 to $280.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd.

Read Our Latest Analysis on Accenture

Accenture Stock Performance

Shares of ACN stock opened at $124.43 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.34. The stock has a market cap of $82.80 billion, a PE ratio of 9.94, a price-to-earnings-growth ratio of 1.21 and a beta of 1.09. The stock has a 50-day moving average of $175.52 and a 200-day moving average of $217.11. Accenture has a one year low of $118.15 and a one year high of $307.77.

Accenture (NYSE:ACNGet Free Report) last announced its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, beating analysts’ consensus estimates of $3.70 by $0.10. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The company had revenue of $18.72 billion during the quarter, compared to analysts’ expectations of $18.78 billion. During the same period in the prior year, the business posted $3.49 EPS. Accenture’s revenue was up 5.6% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. As a group, sell-side analysts expect that Accenture will post 13.85 earnings per share for the current year.

Accenture Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Thursday, July 9th will be paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Thursday, July 9th. Accenture’s dividend payout ratio is presently 52.08%.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

Insiders Place Their Bets

In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the transaction, the chief executive officer owned 12,802 shares of the company’s stock, valued at $2,267,746.28. This represents a 27.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Accenture

Several large investors have recently made changes to their positions in ACN. Triumph Capital Management acquired a new stake in shares of Accenture in the 3rd quarter valued at approximately $26,000. Board of the Pension Protection Fund acquired a new stake in shares of Accenture in the 4th quarter valued at approximately $27,000. Laurel Wealth Advisors LLC acquired a new stake in shares of Accenture in the 4th quarter valued at approximately $27,000. McMillan Office Inc. acquired a new stake in shares of Accenture in the 4th quarter valued at approximately $27,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Accenture in the 4th quarter valued at approximately $27,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Company Profile

(Get Free Report)

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.

See Also

Analyst Recommendations for Accenture (NYSE:ACN)

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