A share price of Accenture plc [ACN] is currently trading at $325.00, up 2.24%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ACN shares have gain 9.04% over the last week, with a monthly amount glided 15.12%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Accenture plc [NYSE: ACN] stock has seen the most recent analyst activity on June 26, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $300 from $382. Previously, Goldman started tracking the stock with Neutral rating on June 24, 2024, and set its price target to $335. On May 15, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $295 on the stock. Susquehanna downgraded its rating to a Neutral and decreased its price target to $360 on March 21, 2024. Guggenheim initiated its recommendation with a Buy and recommended $425 as its price target on March 19, 2024. Mizuho started tracking with a Buy rating for this stock on January 30, 2024, and assigned it a price target of $426. In a note dated January 17, 2024, Exane BNP Paribas upgraded an Outperform rating on this stock but restated the target price of $440.
Accenture plc experienced fluctuations in its stock price throughout the past year between $278.69 and $387.51. Currently, Wall Street analysts expect the stock to reach $370.52 within the next 12 months. Accenture plc [NYSE: ACN] shares were valued at $325.00 at the most recent close of the market. An investor can expect a potential return of 14.01% based on the average ACN price forecast.
Analyzing the ACN fundamentals
Trailing Twelve Months sales for Accenture plc [NYSE:ACN] were 64.48B which represents -0.59% decline. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.26 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 320.30 points at the first support level, and at 315.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 327.42, and for the 2nd resistance point, it is at 329.85.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Accenture plc [NYSE:ACN] is 1.16. In addition, the Quick Ratio stands at 1.16 and the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 3.16, the price to book ratio is 7.34 and price to earnings (TTM) ratio is 29.75.
Transactions by insiders
Recent insider trading involved McClure Kathleen R, Chief Financial Officer, that happened on Jul 15 ’24 when 1500.0 shares were sold. CEO EMEA, Ollagnier Jean-Marc completed a deal on Jul 12 ’24 to sell 6250.0 shares. Meanwhile, CEO-Growth Markets Framil Leonardo sold 4000.0 shares on Jul 12 ’24.
