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 $181.29, moving -4.73% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.17% for the day. Elsewhere, the Dow lost 0.18%, while the tech-heavy Nasdaq added 0.4%.
Heading into today, shares of the consulting company had gained 4.93% over the past month, outpacing the Computer and Technology sector's gain of 0.37% and the S&P 500's loss of 1.29%.
Analysts and investors alike will be keeping a close eye on the performance of Accenture in its upcoming earnings disclosure. The company's earnings report is set to go public on October 1, 2026. The company is forecasted to report an EPS of $3.19, showcasing a 5.28% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $18.01 billion, indicating a 2.36% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $13.86 per share and revenue of $73.54 billion, indicating changes of +7.19% and +5.55%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Accenture. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.01% downward. Accenture is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Accenture is presently trading at a Forward P/E ratio of 12.97. Its industry sports an average Forward P/E of 13.72, so one might conclude that Accenture is trading at a discount comparatively.
We can additionally observe that ACN currently boasts a PEG ratio of 1.53. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Computers - IT Services industry was having an average PEG ratio of 1.39.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 149, finds itself in the bottom 40% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.
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 $181.29, moving -4.73% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.17% for the day. Elsewhere, the Dow lost 0.18%, while the tech-heavy Nasdaq added 0.4%.
Heading into today, shares of the consulting company had gained 4.93% over the past month, outpacing the Computer and Technology sector's gain of 0.37% and the S&P 500's loss of 1.29%.
Analysts and investors alike will be keeping a close eye on the performance of Accenture in its upcoming earnings disclosure. The company's earnings report is set to go public on October 1, 2026. The company is forecasted to report an EPS of $3.19, showcasing a 5.28% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $18.01 billion, indicating a 2.36% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $13.86 per share and revenue of $73.54 billion, indicating changes of +7.19% and +5.55%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Accenture. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.01% downward. Accenture is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Accenture is presently trading at a Forward P/E ratio of 12.97. Its industry sports an average Forward P/E of 13.72, so one might conclude that Accenture is trading at a discount comparatively.
We can additionally observe that ACN currently boasts a PEG ratio of 1.53. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Computers - IT Services industry was having an average PEG ratio of 1.39.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 149, finds itself in the bottom 40% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.