A share price of Accenture plc [ACN] is currently trading at $370.63, down -0.31%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ACN shares have lost -0.44% over the last week, with a monthly amount glided 9.13%, 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.
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 $377.48 within the next 12 months. Accenture plc [NYSE: ACN] shares were valued at $370.63 at the most recent close of the market. An investor can expect a potential return of 1.85% based on the average ACN price forecast.
Analyzing the ACN fundamentals
Trailing Twelve Months sales for Accenture plc [NYSE:ACN] were 64.90B which represents 2.63% growth. 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 0.26 and Total Capital is 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
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 368.41 points at the first support level, and at 366.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 372.67, and for the 2nd resistance point, it is at 374.70.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Accenture plc [NYSE:ACN] is 1.10. Also, the Quick Ratio is 1.10, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 3.57, the price to book ratio is 8.19 and price to earnings (TTM) ratio is 32.41.
Transactions by insiders
Recent insider trading involved Unruch Joel, Officer, that happened on Oct 23 ’24 when 4750.0 shares were purchased. CEO-The Americas, Sharma Manish completed a deal on Oct 22 ’24 to sell 4618.0 shares. Meanwhile, Chief Leadership & HR Officer Beatty Angela sold 673.0 shares on Oct 22 ’24.
