Accenture (NYSE:ACN) Updates FY25 Earnings Guidance

Accenture (NYSE:ACN) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $12.55-12.79 for the period, compared to the consensus earnings per share estimate of $12.73. Accenture also updated its FY 2025 guidance to 12.550-12.790 EPS.

Accenture Price Performance

Shares of NYSE:ACN opened at $305.17 on Friday. Accenture has a 52 week low of $278.69 and a 52 week high of $398.35. The firm has a market capitalization of $190.97 billion, a P/E ratio of 25.60, a PEG ratio of 3.23 and a beta of 1.24. The firm’s 50 day moving average is $359.16 and its two-hundred day moving average is $357.13. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.17.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.01. Accenture had a return on equity of 26.91% and a net margin of 11.41%. The company had revenue of $16.70 billion for the quarter, compared to analysts’ expectations of $16.64 billion. During the same period last year, the firm earned $2.77 EPS. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. Analysts anticipate that Accenture will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 10th will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Thursday, April 10th. Accenture’s payout ratio is 49.66%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ACN shares. JPMorgan Chase & Co. boosted their price target on shares of Accenture from $370.00 to $396.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Royal Bank of Canada cut their price target on Accenture from $399.00 to $392.00 and set an “outperform” rating for the company in a report on Friday. Mizuho lowered their price objective on Accenture from $428.00 to $398.00 and set an “outperform” rating on the stock in a research report on Wednesday. The Goldman Sachs Group raised shares of Accenture from a “neutral” rating to a “buy” rating and boosted their price target for the company from $370.00 to $420.00 in a report on Friday, December 6th. Finally, UBS Group reduced their price objective on shares of Accenture from $455.00 to $387.00 and set a “buy” rating for the company in a report on Friday. Eight equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $380.05.

Insiders Place Their Bets

In other Accenture news, CAO Melissa A. Burgum sold 232 shares of the firm’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $394.46, for a total transaction of $91,514.72. Following the transaction, the chief accounting officer now owns 8,915 shares in the company, valued at $3,516,610.90. This trade represents a 2.54 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Julie Spellman Sweet sold 8,793 shares of the business’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $394.47, for a total value of $3,468,574.71. Following the completion of the transaction, the chief executive officer now directly owns 11,858 shares of the company’s stock, valued at approximately $4,677,625.26. This trade represents a 42.58 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 22,280 shares of company stock worth $8,316,190. Corporate insiders own 0.02% of the company’s stock.

Institutional Trading of Accenture

An institutional investor recently raised its position in Accenture stock. Brighton Jones LLC grew its stake in Accenture plc (NYSE:ACN) by 36.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Company Profile

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.