It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. ACN’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Get this delivered to your inbox, and more info about our products and services.
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 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.
CRAI or ACN: Which Is the Better Value Stock Right Now? – Nasdaq
CRAI or ACN: Which Is the Better Value Stock Right Now?.
Posted: Thu, 17 Aug 2023 07:00:00 GMT [source]
For the most recent quarter, Accenture was expected to post earnings of $2.96 per share, but it reported $3.19 per share instead, representing a surprise of 7.77%. For the previous quarter, the consensus estimate was $2.49 per share, while it actually produced $2.69 per share, a surprise of 8.03%. 16 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Accenture in the last year.
Top Stock Reports for Visa, Chubb & HCA Healthcare
Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.
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. Sign-up to receive the latest news and ratings for Accenture and its competitors with MarketBeat’s FREE daily newsletter.
Key Stock Data
Additionally, the company offers engineering and R&D digitization, business process outsourcing, and various services related to technology innovation. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. PERTH, Australia–(BUSINESS WIRE)–Accenture has acquired ATI Solutions Group (ATI), a Perth-based consulting service provider to the mining, energy and rail industries. PARIS–(BUSINESS WIRE)–Accenture announced an investment and collaboration with Open Cosmos, a space technology company.
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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. According to 21 analysts, the average rating for ACN stock is “Buy.” The 12-month stock price forecast is $335.88, which is an increase of 6.24% from surplus capital method is also known as the latest price. Accenture currently has an Earnings ESP of +0.08%, which suggests that analysts have recently become bullish on the company’s earnings prospects. This positive Earnings ESP when combined with the stock’s Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. We expect the company’s next earnings report to be released on September 28, 2023.
As of August 15th, there was short interest totaling 6,800,000 shares, a decrease of 5.9% from the July 31st total of 7,230,000 shares. Based on an average daily volume of 2,340,000 shares, the days-to-cover ratio is currently 2.9 days. Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. Shares of Accenture PLC ACN, -1.32% dropped 2.3% toward a fourth-straight loss after the management consultant reported fiscal third-quarter results that beat expectations but provided a somewhat down…
There are currently 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “moderate buy” ACN shares. 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.
Stock Quote
Investors of record on Thursday, July 13th will be paid a dividend of $1.12 per share on Tuesday, August 15th. This represents a $4.48 dividend on an annualized basis and a yield of 1.43%. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
- As an investor, you want to buy stocks with the highest probability of success.
- In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.
- Traders should take this into account as the share price often fluctuates around this time period.
- Style is an investment factor that has a meaningful impact on investment risk and returns.
- We’d like to share more about how we work and what drives our day-to-day business.
- The company has reported substantial revenue, impressive earnings, and healthy profit margins.
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. J.P. Morgan’s Tien-tsin Huang says Accenture, EPAM Systems, and Globant are the among the services companies best positioned to benefit from artificial intelligence. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
Reasons Why You Should Retain WEX Stock in Your Portfolio
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Because of this, it’s really important to check a company’s Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they’ve reported.
- The company has topped estimates by 7.90%, on average, in the last two quarters.
- Accenture’s technology services encompass cloud infrastructure management, AI, and technology consulting.
- ACN’s beta can be found in Trading Information at the top of this page.
- The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. 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.
Accenture’s Earnings and Revenue Beat Estimates. Why the Stock Is Falling.
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.
Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of ACN’s
competitive advantage. MarketRank is calculated as an https://1investing.in/ average of available category scores, with extra weight given to analysis and valuation. Accenture expects fiscal 2023 revenue growth in the range of 8% to 9%, lower than previous projections.
ARLINGTON, Va.–(BUSINESS WIRE)–Accenture has won a $25 million digital transformation prime contract to modernize operations for the Air Force Sustainment Center. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. A report warns that banks risk losing $280 billion in payments revenue by 2025, 15% of their total from that source. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. We’d like to share more about how we work and what drives our day-to-day business. Compare
ACN’s historical performance
against its industry peers and the overall market.
Accenture Federal Services Wins $94M U.S. Army Identity, Credential, and Access Management (ICAM) Contract
ServiceNow chairman and CEO Bill McDermott joins ‘Squawk on the Street’ to discuss the company’s quarterly earnings results, the integration of A.I., partnership with Nvidia and Accenture, and more. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
Tesla Got an $80 Billion Boost From Analyst Call. Not Everyone Buys It – Yahoo Finance
Tesla Got an $80 Billion Boost From Analyst Call. Not Everyone Buys It.
Posted: Tue, 12 Sep 2023 18:20:55 GMT [source]
Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries. Accenture updated its fourth quarter 2023 earnings guidance on Thursday, June, 22nd. The company issued revenue guidance of $15.75 billion-$16.35 billion, compared to the consensus revenue estimate of $16.35 billion.