Besides Wall Street's top -and-bottom-line estimates for Accenture (ACN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended May 2024.
Accenture (ACN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Accenture PLC (ACN, Financial) is one of the world's leading professional services companies, and it is driven to provide change and technological advancements for its clients. While it faces a significant threat from high-growth Indian multinational consultancy companies, I believe Accenture offers stability in its valuation.
SOKO becomes part of Droga5 Sao Paulo, a part of Accenture (ACN) Song, bringing with it around 300 employees.
Accenture said on Tuesday that Angie Park, currently leading its Business and Commercial Finance division, will take on the role of the company's CFO on Dec. 1, replacing KC McClure.
Accenture's stock has underperformed, down 18% YTD, but long-term prospects remain strong. Recent earnings results showed weakness, but the company's past track record and generative AI business are promising. The valuation is attractive, with potential for double-digit total returns and a growing dividend.
In the most recent trading session, Accenture (ACN) closed at $290.43, indicating a +0.7% shift from the previous trading day.
I find it challenging to recommend Accenture plc given its high valuation and recent downward revision of growth prospects. 20x forward free cash flow raises questions about the justification for paying such a premium. Despite its solid balance sheet and cash flow generation, uncertainties surrounding Accenture's growth trajectory and valuation warrant caution.
Accenture's stock prices have corrected by more than 25% recently, presenting a buying opportunity for potential investors. Analysts project a compound annual growth rate of 12.6% for Accenture's EPS over the next five years. The projection is well-supported by strong earnings catalysts like digital transformation, AI, and external acquisitions.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Recently, Zacks.com users have been paying close attention to Accenture (ACN). This makes it worthwhile to examine what the stock has in store.
Accenture (ACN) concluded the recent trading session at $281.76, signifying a -0.19% move from its prior day's close.