Accenture plc (NYSE:ACN) traded at $300.82 at last check on Tuesday, April 30, made a downward move of -0.77% on its previous day’s price.
Looking at the stock we see that its previous close was $303.16. The company has a trailing 12-month PE ratio of 27.27. In terms of its 52-week price range, ACN has a high of $387.51 and a low of $261.68. The company’s stock has lost about -11.31% over that past 30 days.
Accenture plc has a market cap of $189.13 billion. With its Forward Dividend at 4.99 and a yield of 1.66%, the company’s investors could be anxious for the ACN stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $3.15, with the EPS growth for the year raised at $12.1 for 2024 and $13.12 for next year. These figures represent 3.70% and 8.40% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $16.56 billion, with a low of $16.25 billion and a high of $16.71 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $65.26 billion, or 1.80% up from figures reported last year.
On the other hand, looking at the outlook for the ACN stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note that the PEG ratio for the ACN stock currently stands at 3.59, and the most recent price level today is -6.08% off its SMA20 and -13.76% from its 50-day simple moving average. The RSI (14) is pointing at 22.20 while the volatility over the past week is 1.41% and jumps to 1.63% over the past one month. The beta value is 1.20, while the average true range (ATR) is currently pointing at 6.04.
Coming back to Accenture plc (NYSE:ACN), we note that the average 3-month trading volume was 2.59 million. Current shares outstanding are 628.27 million.
The insiders hold 0.24% of the company’s shares while institutions hold 77.88%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -14.28% down in year-to-date price movement.
