Back to top

Analyst Blog

Accenture Plc. (ACN - Analyst Report) recently announced that it will acquire the Singapore-based distributor management and mobility software company NewsPage Pte Ltd. for an undisclosed amount.

The acquisition is expected to strengthen the Accenture CAS software platform, which assists in the sales procedure of companies in the consumer goods industry, particularly with respect to their distributor management.

The enhancement to  Accenture’s CAS solution also makes it compatible with Windows, Android and iOS devices.

Acquisitions have been a key catalyst for Accenture’s growth. In April 2012, Accenture completed the acquisition of Neo Metrics Analytics, a reputed Spanish consultant for optimization and predictive analytics. Financial terms of the buyout remained undisclosed.

Neo Metrics’ offerings facilitate interaction between companies and their customers, generating specific data to model future demand. Accenture’s Neo Metrics acquisition underscores its expansion plan in Spain. Neo Metrics’ capabilities will complement Accenture’s Analytics Innovation Center in Barcelona that became operational in April 2011.

Another important acquisition that the company made in 2011 is Zenta, a provider of residential and commercial mortgage processing services. This acquisition has helped Accenture expand its capabilities in the real estate segment by helping lenders, services and real estate investment trusts to upgrade and streamline their operations, improve customer experience and boost profitability in new markets.

We remain upbeat about deal wins from various industry verticals. We also believe Accenture’s recent acquisitions will enrich its product portfolio. However, increasing competition from IBM Inc. (IBM - Analyst Report) and Cognizant Technology Services (CTSH - Analyst Report) may dampen growth prospects to some extent.

Currently, Accenture has a Zacks #3 Rank, which implies a short-term Hold rating.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%