Accenture (NYSE:ACN) Updates FY25 Earnings Guidance

Accenture (NYSE:ACN) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $12.55-12.79 for the period, compared to the consensus earnings per share estimate of $12.73. Accenture also updated its FY 2025 guidance to 12.550-12.790 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Mizuho dropped their price target on Accenture from $428.00 to $398.00 and set an “outperform” rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. raised their target price on Accenture from $370.00 to $396.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Robert W. Baird upgraded shares of Accenture from a “neutral” rating to an “outperform” rating and set a $390.00 price objective on the stock in a research note on Monday. BMO Capital Markets cut their target price on shares of Accenture from $425.00 to $370.00 and set a “market perform” rating for the company in a research report on Tuesday. Finally, Wolfe Research upgraded shares of Accenture from a “peer perform” rating to an “outperform” rating and set a $425.00 price target on the stock in a research report on Wednesday, January 8th. Eight analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $384.45.

Accenture Stock Performance

ACN opened at $324.52 on Thursday. The stock has a market capitalization of $203.08 billion, a price-to-earnings ratio of 27.22, a PEG ratio of 3.23 and a beta of 1.24. Accenture has a fifty-two week low of $278.69 and a fifty-two week high of $398.35. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.47 and a current ratio of 1.47. The company has a fifty day moving average of $361.19 and a 200 day moving average of $357.78.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.84 by ($0.02). The firm had revenue of $16.70 billion during the quarter, compared to the consensus estimate of $16.64 billion. Accenture had a return on equity of 26.91% and a net margin of 11.41%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $2.77 earnings per share. As a group, sell-side analysts forecast that Accenture will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 10th will be given a $1.48 dividend. This represents a $5.92 annualized dividend and a yield of 1.82%. Accenture’s dividend payout ratio is presently 49.66%.

Insider Buying and Selling at Accenture

In other news, CFO Angie Y. Park sold 685 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $354.38, for a total value of $242,750.30. Following the completion of the sale, the chief financial officer now directly owns 8,674 shares of the company’s stock, valued at $3,073,892.12. This trade represents a 7.32 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Angela Beatty sold 375 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.50, for a total value of $134,437.50. Following the sale, the insider now owns 5,149 shares in the company, valued at $1,845,916.50. The trade was a 6.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 22,280 shares of company stock worth $8,316,190 over the last 90 days. 0.02% of the stock is owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Accenture stock. Brighton Jones LLC boosted its position in shares of Accenture plc (NYSE:ACN) by 36.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,438 shares of the information technology services provider’s stock after purchasing an additional 4,905 shares during the period. Brighton Jones LLC’s holdings in Accenture were worth $6,486,000 as of its most recent SEC filing. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Company Profile

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.