News articles about Accenture (NYSE:ACN) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Accenture earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the information technology services provider an impact score of 45.396752649499 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
Accenture (NYSE ACN) traded up $1.93 during midday trading on Friday, hitting $150.53. 1,723,659 shares of the stock traded hands, compared to its average volume of 1,611,452. Accenture has a 1-year low of $112.31 and a 1-year high of $150.59. The firm has a market cap of $99,343.48, a price-to-earnings ratio of 25.47, a PEG ratio of 2.23 and a beta of 1.08.
Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, September 28th. The information technology services provider reported $1.48 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.47 by $0.01. The business had revenue of $9.15 billion during the quarter, compared to analyst estimates of $9.01 billion. Accenture had a net margin of 9.37% and a return on equity of 42.65%. The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.31 EPS. sell-side analysts expect that Accenture will post 6.54 earnings per share for the current year.
The company also recently announced a Semi-Annual dividend, which was paid on Wednesday, November 15th. Shareholders of record on Thursday, October 19th were paid a dividend of $1.33 per share. This represents a yield of 1.97%. The ex-dividend date was Wednesday, October 18th. Accenture’s payout ratio is 48.90%.
Several equities research analysts recently issued reports on the stock. Robert W. Baird reaffirmed a “hold” rating and set a $155.00 price target on shares of Accenture in a research note on Thursday. Zacks Investment Research raised shares of Accenture from a “hold” rating to a “buy” rating and set a $165.00 target price for the company in a research report on Tuesday, November 28th. Evercore ISI boosted their target price on shares of Accenture from $148.00 to $162.00 and gave the stock a “reduce” rating in a research report on Thursday, November 16th. Stifel Nicolaus reissued a “buy” rating and issued a $150.00 target price on shares of Accenture in a research report on Friday, November 3rd. Finally, Pivotal Research began coverage on shares of Accenture in a research report on Wednesday, November 8th. They issued a “buy” rating and a $165.00 target price for the company. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Accenture has an average rating of “Buy” and an average price target of $144.38.
In other Accenture news, insider Gianfranco Casati sold 20,380 shares of the business’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $142.72, for a total transaction of $2,908,633.60. Following the completion of the transaction, the insider now directly owns 51,014 shares of the company’s stock, valued at approximately $7,280,718.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Richard P. Clark sold 3,155 shares of the business’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $143.01, for a total transaction of $451,196.55. Following the transaction, the insider now directly owns 5,533 shares of the company’s stock, valued at $791,274.33. The disclosure for this sale can be found here. Insiders have sold a total of 83,325 shares of company stock valued at $11,479,125 over the last three months. 0.21% of the stock is currently owned by company insiders.
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Accenture Company Profile
Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.
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