Accenture (NYSE:ACN) Updates FY 2025 Earnings Guidance

Accenture (NYSE:ACN) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 12.550-12.790 for the period, compared to the consensus earnings per share estimate of 12.720. The company issued revenue guidance of $68.1 billion-$69.4 billion, compared to the consensus revenue estimate of $68.6 billion. Accenture also updated its FY25 guidance to $12.55-12.79 EPS.

Accenture Stock Performance

NYSE ACN opened at $324.52 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.47 and a current ratio of 1.47. Accenture has a fifty-two week low of $278.69 and a fifty-two week high of $398.35. The stock has a market cap of $203.08 billion, a PE ratio of 27.22, a PEG ratio of 3.23 and a beta of 1.24. The firm’s fifty day moving average price is $361.19 and its two-hundred day moving average price is $357.78.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.84 by ($0.02). Accenture had a return on equity of 26.91% and a net margin of 11.41%. The business had revenue of $16.70 billion during the quarter, compared to the consensus estimate of $16.64 billion. During the same period in the prior year, the firm earned $2.77 EPS. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, equities analysts expect that Accenture will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 10th will be paid a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 1.82%. Accenture’s dividend payout ratio is 49.66%.

Analyst Ratings Changes

A number of analysts have commented on the stock. BMO Capital Markets cut their price target on shares of Accenture from $425.00 to $370.00 and set a “market perform” rating on the stock in a research report on Tuesday. The Goldman Sachs Group raised shares of Accenture from a “neutral” rating to a “buy” rating and upped their price target for the company from $370.00 to $420.00 in a research report on Friday, December 6th. Mizuho cut their price target on shares of Accenture from $428.00 to $398.00 and set an “outperform” rating on the stock in a research report on Wednesday. Piper Sandler cut their price target on shares of Accenture from $429.00 to $396.00 and set an “overweight” rating on the stock in a research report on Friday, March 14th. Finally, StockNews.com cut shares of Accenture from a “buy” rating to a “hold” rating in a research report on Tuesday, March 11th. Eight analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and an average price target of $384.45.

Insider Activity at Accenture

In other Accenture news, insider Angela Beatty sold 375 shares of Accenture stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.50, for a total transaction of $134,437.50. Following the transaction, the insider now owns 5,149 shares of the company’s stock, valued at $1,845,916.50. This trade represents a 6.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Melissa A. Burgum sold 1,487 shares of Accenture stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $354.54, for a total transaction of $527,200.98. Following the transaction, the chief accounting officer now directly owns 9,247 shares in the company, valued at approximately $3,278,431.38. This represents a 13.85 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,280 shares of company stock valued at $8,316,190. 0.02% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Accenture

A hedge fund recently raised its stake in Accenture stock. Brighton Jones LLC lifted its stake in shares of Accenture plc (NYSE:ACN) by 36.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,438 shares of the information technology services provider’s stock after purchasing an additional 4,905 shares during the period. Brighton Jones LLC’s holdings in Accenture were worth $6,486,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

About Accenture

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.