News articles about Accenture (NYSE:ACN) have trended positive this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Accenture earned a media sentiment score of 3.00 on their scale. InfoTrie also gave headlines about the information technology services provider an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accenture’s score:
A number of research firms recently commented on ACN. Zacks Investment Research raised shares of Accenture from a “sell” rating to a “hold” rating in a research note on Tuesday. Moffett Nathanson began coverage on shares of Accenture in a research note on Thursday, October 4th. They set a “buy” rating and a $200.00 price target for the company. SunTrust Banks lifted their price target on shares of Accenture to $178.00 and gave the stock a “hold” rating in a research note on Monday, October 1st. Argus reaffirmed a “buy” rating on shares of Accenture in a research note on Monday, October 1st. Finally, BMO Capital Markets boosted their price objective on shares of Accenture to $180.00 and gave the company a “market perform” rating in a research report on Friday, September 28th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have given a buy rating to the stock. Accenture currently has a consensus rating of “Buy” and a consensus target price of $177.02.
Accenture stock opened at $164.21 on Thursday. The stock has a market capitalization of $109.28 billion, a price-to-earnings ratio of 24.36, a P/E/G ratio of 2.24 and a beta of 1.01. Accenture has a 1 year low of $146.05 and a 1 year high of $175.64.
Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, September 27th. The information technology services provider reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.02. Accenture had a net margin of 9.76% and a return on equity of 41.92%. The company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $10.01 billion. During the same period in the previous year, the company earned $1.48 EPS. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. As a group, equities research analysts anticipate that Accenture will post 7.21 earnings per share for the current year.
The firm also recently declared a semiannual dividend, which was paid on Thursday, November 15th. Stockholders of record on Thursday, October 18th were issued a $1.46 dividend. The ex-dividend date was Wednesday, October 17th. This represents a dividend yield of 1.68%. This is a positive change from Accenture’s previous semiannual dividend of $1.21. Accenture’s payout ratio is currently 43.32%.
In other news, insider ‘T Noordende Alexander M. Van sold 8,000 shares of the business’s stock in a transaction dated Monday, October 22nd. The shares were sold at an average price of $159.64, for a total value of $1,277,120.00. Following the completion of the sale, the insider now owns 124,328 shares in the company, valued at approximately $19,847,721.92. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Johan Deblaere sold 5,000 shares of the business’s stock in a transaction dated Monday, October 1st. The shares were sold at an average price of $173.43, for a total transaction of $867,150.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 78,717 shares of company stock valued at $13,041,890. Company insiders own 0.21% of the company’s stock.
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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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