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Accenture (ACN) Dips More Than Broader Market: What You Should Know
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Accenture (ACN - Free Report) ended the recent trading session at $169.77, demonstrating a -1.5% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.16%. At the same time, the Dow added 0.11%, and the tech-heavy Nasdaq lost 0.71%.
Prior to today's trading, shares of the consulting company had lost 10.21% lagged the Computer and Technology sector's gain of 17.98% and the S&P 500's gain of 8.81%.
Market participants will be closely following the financial results of Accenture in its upcoming release. The company plans to announce its earnings on June 18, 2026. The company's earnings per share (EPS) are projected to be $3.68, reflecting a 5.44% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $18.73 billion, up 5.68% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $13.87 per share and a revenue of $74.11 billion, indicating changes of +7.27% and +6.37%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Accenture. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Accenture presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Accenture is currently exchanging hands at a Forward P/E ratio of 12.43. This indicates a discount in contrast to its industry's Forward P/E of 13.57.
Meanwhile, ACN's PEG ratio is currently 1.64. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Computers - IT Services was holding an average PEG ratio of 1.03 at yesterday's closing price.
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 103, putting it in the top 43% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ACN in the coming trading sessions, be sure to utilize Zacks.com.
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Accenture (ACN) Dips More Than Broader Market: What You Should Know
Accenture (ACN - Free Report) ended the recent trading session at $169.77, demonstrating a -1.5% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.16%. At the same time, the Dow added 0.11%, and the tech-heavy Nasdaq lost 0.71%.
Prior to today's trading, shares of the consulting company had lost 10.21% lagged the Computer and Technology sector's gain of 17.98% and the S&P 500's gain of 8.81%.
Market participants will be closely following the financial results of Accenture in its upcoming release. The company plans to announce its earnings on June 18, 2026. The company's earnings per share (EPS) are projected to be $3.68, reflecting a 5.44% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $18.73 billion, up 5.68% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $13.87 per share and a revenue of $74.11 billion, indicating changes of +7.27% and +6.37%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Accenture. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Accenture presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Accenture is currently exchanging hands at a Forward P/E ratio of 12.43. This indicates a discount in contrast to its industry's Forward P/E of 13.57.
Meanwhile, ACN's PEG ratio is currently 1.64. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Computers - IT Services was holding an average PEG ratio of 1.03 at yesterday's closing price.
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 103, putting it in the top 43% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ACN in the coming trading sessions, be sure to utilize Zacks.com.