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) Stock Sinks As Market Gains: Here's Why
Read MoreHide Full Article
Accenture (ACN - Free Report) closed the most recent trading day at $174.57, moving -2.48% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.46%. On the other hand, the Dow registered a gain of 1.24%, and the technology-centric Nasdaq increased by 2.03%.
The consulting company's shares have seen a decrease of 9.27% over the last month, not keeping up with the Computer and Technology sector's gain of 19.39% and the S&P 500's gain of 10.32%.
The investment community will be closely monitoring the performance of Accenture in its forthcoming earnings report. The company is scheduled to release its earnings on June 18, 2026. The company is expected to report EPS of $3.68, up 5.44% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $18.73 billion, indicating a 5.68% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $13.87 per share and revenue of $74.11 billion, which would represent changes of +7.27% and +6.37%, respectively, from the prior 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 such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Accenture is currently a Zacks Rank #3 (Hold).
In terms of valuation, Accenture is currently trading at a Forward P/E ratio of 12.91. For comparison, its industry has an average Forward P/E of 13.89, which means Accenture is trading at a discount to the group.
We can also see that ACN currently has a PEG ratio of 1.7. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Computers - IT Services was holding an average PEG ratio of 1.06 at yesterday's closing price.
The Computers - IT Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 89, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Accenture (ACN) Stock Sinks As Market Gains: Here's Why
Accenture (ACN - Free Report) closed the most recent trading day at $174.57, moving -2.48% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.46%. On the other hand, the Dow registered a gain of 1.24%, and the technology-centric Nasdaq increased by 2.03%.
The consulting company's shares have seen a decrease of 9.27% over the last month, not keeping up with the Computer and Technology sector's gain of 19.39% and the S&P 500's gain of 10.32%.
The investment community will be closely monitoring the performance of Accenture in its forthcoming earnings report. The company is scheduled to release its earnings on June 18, 2026. The company is expected to report EPS of $3.68, up 5.44% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $18.73 billion, indicating a 5.68% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $13.87 per share and revenue of $74.11 billion, which would represent changes of +7.27% and +6.37%, respectively, from the prior 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 such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Accenture is currently a Zacks Rank #3 (Hold).
In terms of valuation, Accenture is currently trading at a Forward P/E ratio of 12.91. For comparison, its industry has an average Forward P/E of 13.89, which means Accenture is trading at a discount to the group.
We can also see that ACN currently has a PEG ratio of 1.7. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Computers - IT Services was holding an average PEG ratio of 1.06 at yesterday's closing price.
The Computers - IT Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 89, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.