Accenture plc [ACN] stock prices are up 2.66% to $370.22 at the moment. 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 gain 3.96% over the last week, with a monthly amount glided 0.42%, 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 October 30, 2024, when Exane BNP Paribas downgraded its rating to a Neutral but kept the price target unchanged to $375 for it. Previously, TD Cowen upgraded its rating to Buy on September 30, 2024, and elevated its price target to $400. On September 26, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $395 on the stock. UBS upgraded its rating to a Buy but stick to its price target of $400 on July 19, 2024. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $300 on June 26, 2024. Goldman started tracking with a Neutral rating for this stock on June 24, 2024, and assigned it a price target of $335. In a note dated May 15, 2024, Deutsche Bank downgraded an Hold rating on this stock and revised its target price from $409 to $295.
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 $375.81 within the next 12 months. Accenture plc [NYSE: ACN] shares were valued at $370.22 at the most recent close of the market. An investor can expect a potential return of 1.51% 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 0.26 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 0.04.
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 362.63 points at the first support level, and at 355.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 374.23, and for the 2nd resistance point, it is at 378.23.
Ratios To Look Out For
It’s worth pointing out that Accenture plc [NYSE:ACN]’s Current Ratio 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 3.56, the price to book ratio is 8.18 and price to earnings (TTM) ratio is 32.38.
Transactions by insiders
Recent insider trading involved Sekido Ryoji, Co-CEO Asia Pacific, that happened on Nov 04 ’24 when 3191.0 shares were sold. Officer, Sekido Ryoji completed a deal on Nov 04 ’24 to buy 3191.0 shares. Meanwhile, Chair and CEO Sweet Julie Spellman sold 8136.0 shares on Oct 28 ’24.
