Accenture (ACN) Given Media Impact Score of 0.23
News articles about Accenture (NYSE:ACN) have trended somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Accenture earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave news headlines about the information technology services provider an impact score of 47.4658223066608 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Accenture Plc (ACN) Forecasted to Post Q4 2019 Earnings of $1.98 Per Share (americanbankingnews.com)
- Accenture (ACN) Stock Rating Reaffirmed by Cowen (americanbankingnews.com)
- Q3 2018 Earnings Estimate for Accenture Plc Issued By KeyCorp (ACN) (americanbankingnews.com)
- Accenture Plc Forecasted to Earn Q2 2018 Earnings of $1.53 Per Share (ACN) (americanbankingnews.com)
- Accenture Deserves A Premium Valuation – Seeking Alpha (seekingalpha.com)
Shares of Accenture (ACN) traded down $0.31 during midday trading on Tuesday, reaching $153.89. 1,818,600 shares of the company were exchanged, compared to its average volume of 2,128,090. The company has a market cap of $98,200.00, a price-to-earnings ratio of 27.29, a PEG ratio of 2.26 and a beta of 1.08. Accenture has a 1-year low of $112.31 and a 1-year high of $158.44.
Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, December 21st. The information technology services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.12. The business had revenue of $9.52 billion during the quarter, compared to analyst estimates of $9.25 billion. Accenture had a net margin of 9.43% and a return on equity of 41.79%. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the business earned $1.58 EPS. analysts predict that Accenture will post 6.6 EPS for the current fiscal year.
ACN has been the subject of several recent analyst reports. SunTrust Banks reaffirmed a “hold” rating and set a $164.00 price objective on shares of Accenture in a research report on Thursday, December 21st. Barclays upped their price objective on shares of Accenture from $135.00 to $152.00 and gave the stock an “equal weight” rating in a research report on Friday. Zacks Investment Research raised shares of Accenture from a “hold” rating to a “buy” rating and set a $145.00 price objective for the company in a research report on Monday, August 28th. Cowen reaffirmed a “buy” rating and set a $166.00 price objective on shares of Accenture in a research report on Friday. Finally, Berenberg Bank reaffirmed a “buy” rating and set a $160.00 price objective on shares of Accenture in a research report on Thursday, September 21st. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Accenture currently has an average rating of “Buy” and an average price target of $152.78.
In other Accenture news, insider Gianfranco Casati sold 20,380 shares of the stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $142.72, for a total transaction of $2,908,633.60. Following the completion of the sale, the insider now owns 51,014 shares of the company’s stock, valued at approximately $7,280,718.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Pierre Nanterme sold 38,589 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $135.03, for a total transaction of $5,210,672.67. Following the sale, the chief executive officer now directly owns 179,083 shares of the company’s stock, valued at approximately $24,181,577.49. The disclosure for this sale can be found here. In the last quarter, insiders sold 83,325 shares of company stock valued at $11,479,125. 0.21% of the stock is owned by company insiders.
Accenture Company Profile
Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.
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