We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Accenture (ACN) Ascends But Remains Behind Market: Some Facts to Note
Read MoreHide Full Article
In the latest trading session, Accenture (ACN - Free Report) closed at $322.53, marking a +0.14% move from the previous day. This change lagged the S&P 500's 0.73% gain on the day. Elsewhere, the Dow lost 0.64%, while the tech-heavy Nasdaq added 1.61%.
The consulting company's shares have seen an increase of 11.15% over the last month, not keeping up with the Computer and Technology sector's gain of 11.93% and outstripping the S&P 500's gain of 9.07%.
The investment community will be paying close attention to the earnings performance of Accenture in its upcoming release. The company is slated to reveal its earnings on June 20, 2025. The company is expected to report EPS of $3.27, up 4.47% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $17.18 billion, indicating a 4.36% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.70 per share and a revenue of $68.4 billion, signifying shifts of +6.28% and +5.41%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Accenture. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.06% lower. Accenture presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Accenture is presently being traded at a Forward P/E ratio of 25.36. This represents a premium compared to its industry's average Forward P/E of 20.86.
One should further note that ACN currently holds a PEG ratio of 3.26. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Computers - IT Services industry currently had an average PEG ratio of 1.93 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 94, placing it within the top 39% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Accenture (ACN) Ascends But Remains Behind Market: Some Facts to Note
In the latest trading session, Accenture (ACN - Free Report) closed at $322.53, marking a +0.14% move from the previous day. This change lagged the S&P 500's 0.73% gain on the day. Elsewhere, the Dow lost 0.64%, while the tech-heavy Nasdaq added 1.61%.
The consulting company's shares have seen an increase of 11.15% over the last month, not keeping up with the Computer and Technology sector's gain of 11.93% and outstripping the S&P 500's gain of 9.07%.
The investment community will be paying close attention to the earnings performance of Accenture in its upcoming release. The company is slated to reveal its earnings on June 20, 2025. The company is expected to report EPS of $3.27, up 4.47% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $17.18 billion, indicating a 4.36% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.70 per share and a revenue of $68.4 billion, signifying shifts of +6.28% and +5.41%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Accenture. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.06% lower. Accenture presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Accenture is presently being traded at a Forward P/E ratio of 25.36. This represents a premium compared to its industry's average Forward P/E of 20.86.
One should further note that ACN currently holds a PEG ratio of 3.26. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Computers - IT Services industry currently had an average PEG ratio of 1.93 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 94, placing it within the top 39% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.