Accenture plc [ACN] stock prices are up 1.08% to $353.48 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ACN shares have gain 4.21% over the last week, with a monthly amount glided 3.90%, 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 September 30, 2024, when TD Cowen upgraded its rating to a Buy and also boosted its price target to $400 from $321. Previously, Piper Sandler upgraded its rating to Overweight on September 26, 2024, and elevated its price target to $395. On July 19, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $400 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $300 on June 26, 2024. Goldman initiated its recommendation with a Neutral and recommended $335 as its price target on June 24, 2024. Deutsche Bank downgraded its rating to Hold for this stock on May 15, 2024, and downed its price target to $295. In a note dated March 21, 2024, Susquehanna downgraded an Neutral rating on this stock and revised its target price from $400 to $360.
The stock price of Accenture plc [ACN] has been fluctuating between $278.69 and $387.51 over the past year. Currently, Wall Street analysts expect the stock to reach $377.48 within the next 12 months. Accenture plc [NYSE: ACN] shares were valued at $353.48 at the most recent close of the market. An investor can expect a potential return of 6.79% based on the average ACN price forecast.
Analyzing the ACN fundamentals
The Accenture plc [NYSE:ACN] reported sales of 64.90B for trailing twelve months, representing a surge of 2.63%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.15%, 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 0.27 and Total Capital is 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
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 349.45 points at the first support level, and at 345.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 355.79, and for the 2nd resistance point, it is at 358.09.
Ratios To Look Out For
It’s worth pointing out that Accenture plc [NYSE:ACN]’s Current Ratio is 1.10. Further, the Quick Ratio stands at 1.16, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 3.41, the price to book ratio is 7.82 and price to earnings (TTM) ratio is 30.91.
Transactions by insiders
Recent insider trading involved Framil Leonardo, Officer, that happened on Sep 30 ’24 when 1000.0 shares were purchased. Chief Leadership & HR Officer, Shook Ellyn completed a deal on Jul 23 ’24 to sell 5000.0 shares. Meanwhile, General Counsel/Corp Secretary Unruch Joel sold 8145.0 shares on Jul 22 ’24.
