News coverage about Accenture (NYSE:ACN) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public 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 45.4024891324564 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Enamoring Stocks: Accenture plc, (NYSE: ACN), Eastman Kodak Company, (NYSE: KODK) (globalexportlines.com)
- Global Insights-as-a-Service Market 2018 – Oracle, Accenture Plc, IBM, Deloitte Touche Tohmatsu Limited, Capgemini (brooksinbeta.com)
- Analytical Guide for stocks rising stock’s: Amarin Corporation plc, (NASDAQ: AMRN), Accenture plc, (NYSE: ACN) (globalexportlines.com)
- Hashing Out the Numbers: Checking on the Technicals for Accenture Plc (NYSE:ACN) (derbynewsjournal.com)
- Global Big Data in Power Sector Market Analysis, Growth, Trends & Forecast 2018-2023 – ResearchAndMarkets.com (oaoa.com)
Shares of ACN traded up $0.28 during trading hours on Thursday, hitting $155.59. 1,907,754 shares of the company were exchanged, compared to its average volume of 2,240,320. The firm has a market cap of $98.68 billion, a PE ratio of 26.33, a P/E/G ratio of 2.32 and a beta of 1.03. Accenture has a one year low of $119.10 and a one year high of $165.58.
Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, March 22nd. The information technology services provider reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.09. The business had revenue of $9.59 billion during the quarter, compared to analyst estimates of $9.31 billion. Accenture had a return on equity of 41.50% and a net margin of 9.18%. The company’s revenue was up 15.2% compared to the same quarter last year. During the same period last year, the company posted $1.33 EPS. equities research analysts expect that Accenture will post 6.69 EPS for the current fiscal year.
A number of equities analysts have issued reports on the company. William Blair reaffirmed an “outperform” rating on shares of Accenture in a research note on Thursday, March 22nd. Credit Suisse Group set a $151.00 price target on Accenture and gave the company a “hold” rating in a research note on Thursday, April 26th. BMO Capital Markets increased their price target on Accenture from $156.00 to $158.00 and gave the company a “market perform” rating in a research note on Friday, March 23rd. KeyCorp increased their price target on Accenture from $172.00 to $181.00 and gave the company a “positive” rating in a research note on Monday, March 19th. Finally, Zacks Investment Research raised Accenture from a “hold” rating to a “buy” rating and set a $176.00 price target for the company in a research note on Tuesday. One research analyst has rated the stock with a sell rating, nine have given a hold rating and sixteen have given a buy rating to the company’s stock. Accenture has a consensus rating of “Buy” and a consensus price target of $161.37.
In other news, insider Richard Lumb sold 2,000 shares of the stock in a transaction on Thursday, May 10th. The stock was sold at an average price of $156.10, for a total value of $312,200.00. Following the completion of the sale, the insider now owns 120,025 shares in the company, valued at $18,735,902.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Pierre Nanterme sold 36,858 shares of the stock in a transaction on Monday, March 26th. The shares were sold at an average price of $150.80, for a total value of $5,558,186.40. Following the completion of the sale, the chief executive officer now owns 357,405 shares of the company’s stock, valued at approximately $53,896,674. The disclosure for this sale can be found here. Insiders sold 53,828 shares of company stock valued at $8,145,630 in the last 90 days. Corporate insiders own 0.21% of the company’s stock.
Accenture plc provides consulting, technology, and outsourcing services worldwide. Its Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, and enhance business results through industry-specific solutions for communications, media, and high tech industries, as well as for software platforms.
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