Accenture (NYSE:ACN – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 12.430-12.790 for the period, compared to the consensus EPS estimate of 12.740. The company issued revenue guidance of $67.5 billion-$69.4 billion, compared to the consensus revenue estimate of $68.5 billion. Accenture also updated its Q2 2025 guidance to EPS.
Accenture Price Performance
Shares of ACN opened at $347.61 on Thursday. The firm has a market cap of $217.31 billion, a P/E ratio of 30.41, a P/E/G ratio of 3.23 and a beta of 1.24. Accenture has a 1 year low of $278.69 and a 1 year high of $387.51. The stock has a 50 day simple moving average of $360.14 and a two-hundred day simple moving average of $336.31.
Accenture (NYSE:ACN – Get Free Report) last released its quarterly earnings data on Thursday, September 26th. The information technology services provider reported $2.79 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.01. Accenture had a return on equity of 26.83% and a net margin of 11.20%. The firm had revenue of $16.41 billion during the quarter, compared to analyst estimates of $16.37 billion. During the same quarter in the prior year, the firm posted $2.71 earnings per share. The business’s quarterly revenue was up 2.6% compared to the same quarter last year. On average, equities analysts anticipate that Accenture will post 12.74 earnings per share for the current year.
Accenture Dividend Announcement
Accenture announced that its Board of Directors has approved a share repurchase program on Thursday, September 26th that authorizes the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization authorizes the information technology services provider to purchase up to 1.8% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on ACN. Susquehanna lifted their price objective on Accenture from $350.00 to $360.00 and gave the company a “neutral” rating in a research note on Friday, September 27th. The Goldman Sachs Group upgraded shares of Accenture from a “neutral” rating to a “buy” rating and upped their price target for the stock from $370.00 to $420.00 in a research note on Friday, December 6th. Guggenheim lifted their target price on shares of Accenture from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Friday, September 27th. JPMorgan Chase & Co. increased their price target on shares of Accenture from $370.00 to $396.00 and gave the company an “overweight” rating in a report on Monday. Finally, UBS Group boosted their price objective on shares of Accenture from $400.00 to $415.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Eight equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $374.50.
Get Our Latest Analysis on Accenture
Insider Buying and Selling
In other news, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $376.16, for a total value of $3,385,440.00. Following the sale, the chief executive officer now directly owns 20,324 shares of the company’s stock, valued at approximately $7,645,075.84. The trade was a 30.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ryoji Sekido sold 3,191 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $343.70, for a total value of $1,096,746.70. Following the transaction, the chief executive officer now directly owns 6 shares of the company’s stock, valued at approximately $2,062.20. The trade was a 99.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 36,298 shares of company stock valued at $13,372,661. Corporate insiders own 0.07% of the company’s stock.
About Accenture
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.
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