At the time of writing, Accenture plc [ACN] stock is trading at $337.39, down -0.88%. 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 1.14% over the last week, with a monthly amount glided 2.49%, 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 July 19, 2024, when UBS upgraded its rating to a Buy but kept the price target unchanged to $400 for it. Previously, Morgan Stanley downgraded its rating to Equal-Weight on June 26, 2024, and dropped its price target to $300. On June 24, 2024, Goldman initiated with a Neutral rating and assigned a price target of $335 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $295 on May 15, 2024. Susquehanna downgraded its rating to a Neutral and reduced its price target to $360 on March 21, 2024. Guggenheim started tracking with a Buy rating for this stock on March 19, 2024, and assigned it a price target of $425. In a note dated January 30, 2024, Mizuho initiated an Buy rating and provided a target price of $426 on this stock.
For the past year, the stock price of Accenture plc fluctuated between $278.69 and $387.51. Currently, Wall Street analysts expect the stock to reach $371.65 within the next 12 months. Accenture plc [NYSE: ACN] shares were valued at $337.39 at the most recent close of the market. An investor can expect a potential return of 10.15% based on the average ACN price forecast.
Analyzing the ACN fundamentals
According to Accenture plc [NYSE:ACN], the company’s sales were 64.48B for trailing twelve months, which represents an -0.59% plunge. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.14%, 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
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 333.80 points at the first support level, and at 330.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 342.29, and for the 2nd resistance point, it is at 347.19.
Ratios To Look Out For
It is important to note that Accenture plc [NYSE:ACN] has a current ratio of 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 3.28, the price to book ratio is 7.62 and price to earnings (TTM) ratio is 30.88.
Transactions by insiders
Recent insider trading involved Shook Ellyn, Chief Leadership & HR Officer, that happened on Jul 23 ’24 when 5000.0 shares were sold. General Counsel/Corp Secretary, Unruch Joel completed a deal on Jul 22 ’24 to sell 8145.0 shares. Meanwhile, Chief Financial Officer McClure Kathleen R sold 1500.0 shares on Jul 15 ’24.
