Accenture Plc (NYSE:ACN) insider Richard P. Clark sold 1,754 shares of the firm’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $158.39, for a total transaction of $277,816.06. Following the completion of the sale, the insider now directly owns 10,543 shares of the company’s stock, valued at $1,669,905.77. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Accenture Plc (NYSE ACN) traded up $0.53 during trading hours on Tuesday, reaching $159.46. 3,204,962 shares of the company’s stock were exchanged, compared to its average volume of 2,387,067. The company has a market cap of $102,230.00, a price-to-earnings ratio of 28.27, a P/E/G ratio of 2.38 and a beta of 1.08. Accenture Plc has a 1-year low of $112.31 and a 1-year high of $159.49.
Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, December 21st. The information technology services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.12. The business had revenue of $9.52 billion during the quarter, compared to analyst estimates of $9.25 billion. Accenture had a net margin of 9.43% and a return on equity of 41.79%. Accenture’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the business earned $1.58 EPS. analysts predict that Accenture Plc will post 6.64 EPS for the current fiscal year.
Several equities research analysts have recently commented on the stock. KeyCorp raised their target price on shares of Accenture from $157.00 to $172.00 and gave the stock an “overweight” rating in a research report on Saturday, December 30th. SunTrust Banks reaffirmed a “hold” rating and issued a $164.00 target price on shares of Accenture in a research report on Thursday, December 21st. Barclays raised their target price on shares of Accenture from $135.00 to $152.00 and gave the stock an “equal weight” rating in a research report on Friday, December 22nd. Cowen reaffirmed a “buy” rating and issued a $166.00 target price on shares of Accenture in a research report on Friday, December 22nd. Finally, Zacks Investment Research cut shares of Accenture from a “buy” rating to a “hold” rating in a research report on Tuesday, September 19th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $155.11.
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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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