Accenture plc (NYSE:ACN) saw an upside of 0.40% to close Monday at $326.50 after adding $1.31 on the day. The 5-day average trading volume is 1,537,860 shares of the company’s common stock. It has gained $329.53 in the past week. An average of 2,216,500 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,795,666.
ACN’s 1-month performance is -4.51% or -$15.42 on its low of $316.01 reached on 10/04/21. The company’s shares have touched a 52-week low of $212.45 and high of $345.52, with the stock’s rally to the 52-week high happening on 09/10/21. YTD, ACN has achieved 25.00% or $65.29. However, the current price is down -5.50%% from the 52-week high price.
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On Sep 27, 15 days have gone by since the last insider trading activity for Accenture plc (ACN). Ollagnier Jean-Marc (Chief Executive – Europe) most recently sold 581 shares at $334.78 per share on Sep 27. This transaction cost the insider $194,507. Chief Leadership & HR Officer, Shook Ellyn, sold 2,600 shares at a price of $317.47 on Jul 23. Then, on Jul 16, Chief Financial Officer McClure Kathleen R sold 4,500 shares at a price of $314.20 per share. This transaction amounted to $1,413,919.
The company’s PE ratio for the last five years has touched a high of 37.70 and a low of 16.77. ACN stock has a beta of 1.11. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.32 while the price-to-book (PB) in the most recent quarter is 10.72, with the price to cash flow ratio at 29.59.
Accenture plc pays an annual dividend of $3.52 per share. Its dividend yield is 1.08% and the payout ratio is 39.10%. ACN paid $0.97 a share compared with prior rate of $0.88, up 9.28% from last year’s. The company has boosted its dividend for the last 2 consecutive years with the latest dividend increase of $0.09 reported on Thursday September 23 2021. Measured over the last 3 years, the Dividend has been growing by -5.51% yearly.
It is projected that Accenture plc’s next ex-dividend date will be on 13-Oct-2021. ACN is expected to distribute $0.97 as its next dividend.
Accenture plc’s quick ratio for the period ended August 30 was 1.40, with the current ratio over the same period at 1.40 meaning that ACN stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending August 30 was 0.00, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 32.40%. The trailing 12-month EBITDA margin is 18.82% while for the period ending August 30; Accenture plc’s operating margin was 13.50%. The firm’s gross profit as reported stood at $16.36 billion against revenue of $50.53 billion.
For the quarterly period ending August 30 this year, Accenture plc’s cash and short-term investments amounted to $4.43 million against total debt of $3.51 billion. Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected ACN to announce $2.19 per share in earnings in its latest quarter, but it posted $2.2, representing a 0.50% surprise. ACN stock balance sheet for the quarter ending August 30 shows that total liabilities totaled 23.08 billion, with total debt at $3.51 billion
Let’s look briefly at Accenture plc (ACN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 46.16% to suggest the stock is trending Neutral, with historical volatility in this time period at 16.55%.
The stock’s 5-day moving average is $325.65, reflecting a +2.19% or $7.01 change from its current price. ACN is currently trading -3.81% above its 20-day SMA, +16.20% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +2.78% and +26.83% respectively.
Stochastic %K and %D was 34.70% and 33.63% and the average true range (ATR) pointed at 5.69. The RSI (14) points at 46.31%, while the 14-day stochastic is at 36.51% with the period’s ATR at 5.56. The stock’s 9-day MACD Oscillator is pointing at 1.97 and -2.00 on the 14-day charts.
In the most recent analyst report for Accenture plc (NYSE: ACN), MoffettNathanson upgraded it to a Buy rating. They previously had a Neutral rating on the stock. Analysts offering their rating for ACN stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate ACN as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 18 have offered a “buy” rating.
What is ACN’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $340.00 and a high of $415.00, with their median price target at $382.00. Looking at these predictions, the average price target given by analysts is for Accenture plc (ACN) stock is $377.73.