The most recent buying and selling session noticed Accenture (ACN) ending at $385.98, denoting a -0.35% adjustment from its final day’s shut. This transformation was narrower than the S&P 500’s day by day lack of 0.95%. Elsewhere, the Dow noticed a downswing of 0.99%, whereas the tech-heavy Nasdaq depreciated by 1.36%.
Previous to at this time’s buying and selling, shares of the consulting firm had gained 8.28% over the previous month. This has outpaced the Pc and Know-how sector’s lack of 1.55% and the S&P 500’s acquire of 1.86% in that point.
Buyers will probably be eagerly awaiting the efficiency of Accenture in its upcoming earnings disclosure. The corporate’s earnings report is ready to be unveiled on March 20, 2025. The corporate’s earnings per share (EPS) are projected to be $2.84, reflecting a 2.53% enhance from the identical quarter final yr. In the meantime, our newest consensus estimate is looking for income of $16.62 billion, up 5.21% from the prior-year quarter.
Concerning the whole yr, the Zacks Consensus Estimates forecast earnings of $12.73 per share and income of $68.72 billion, indicating adjustments of +6.53% and +5.9%, respectively, in comparison with the earlier yr.
Buyers also needs to pay attention to any latest changes to analyst estimates for Accenture. These revisions assist to point out the ever-changing nature of near-term enterprise tendencies. Therefore, optimistic alterations in estimates signify analyst optimism concerning the corporate’s enterprise and profitability.
Analysis signifies that these estimate revisions are immediately correlated with near-term share value momentum. To use this, we have shaped the Zacks Rank, a quantitative mannequin that features these estimate adjustments and presents a viable score system.
The Zacks Rank system, stretching from #1 (Robust Purchase) to #5 (Robust Promote), has a noteworthy observe report of outperforming, validated by third-party audits, with shares rated #1 producing a mean annual return of +25% because the yr 1988. During the last 30 days, the Zacks Consensus EPS estimate has moved 0.22% greater. Accenture presently encompasses a Zacks Rank of #3 (Maintain).
Digging into valuation, Accenture presently has a Ahead P/E ratio of 30.44. This means a premium in distinction to its business’s Ahead P/E of 30.17.
Buyers also needs to notice that ACN has a PEG ratio of three.44 proper now. The PEG ratio is just like the widely-used P/E ratio, however this metric additionally takes the corporate’s anticipated earnings progress fee into consideration. Because the market closed yesterday, the Computer systems – IT Providers business was having a mean PEG ratio of two.64.
The Computer systems – IT Providers business is a part of the Pc and Know-how sector. This business, presently bearing a Zacks Trade Rank of 55, finds itself within the high 22% echelons of all 250+ industries.
The Zacks Trade Rank evaluates the facility of our distinct business teams by figuring out the typical Zacks Rank of the person shares forming the teams. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
Be mindful to depend on Zacks.com to observe all these stock-impacting metrics, and extra, within the succeeding buying and selling classes.
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Accenture PLC (ACN) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
