Accenture (NYSE:ACN) Releases FY25 Earnings Guidance

Accenture (NYSE:ACN) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $12.55-12.79 for the period, compared to the consensus estimate of $12.73. Accenture also updated its FY 2025 guidance to 12.550-12.790 EPS.

Accenture Trading Down 7.3 %

ACN stock opened at $300.86 on Friday. The company has a market capitalization of $188.28 billion, a PE ratio of 25.24, a P/E/G ratio of 3.23 and a beta of 1.24. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.47. Accenture has a 12 month low of $278.69 and a 12 month high of $398.35. The firm’s 50-day moving average is $360.05 and its 200 day moving average is $357.39.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.81 by $0.01. The firm had revenue of $16.70 billion during the quarter, compared to analyst estimates of $16.64 billion. Accenture had a return on equity of 26.91% and a net margin of 11.41%. Accenture’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.77 earnings per share. On average, research analysts anticipate that Accenture will post 12.73 EPS for the current year.

Accenture Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 10th will be issued a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 1.97%. Accenture’s payout ratio is currently 49.66%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ACN. Jefferies Financial Group lowered their price target on shares of Accenture from $385.00 to $355.00 and set a “hold” rating for the company in a research report on Tuesday, January 21st. BMO Capital Markets lowered their target price on Accenture from $425.00 to $370.00 and set a “market perform” rating for the company in a report on Tuesday. UBS Group lifted their price target on Accenture from $450.00 to $455.00 and gave the company a “buy” rating in a report on Friday, December 20th. Baird R W raised Accenture from a “hold” rating to a “strong-buy” rating in a research report on Monday. Finally, Wolfe Research upgraded shares of Accenture from a “peer perform” rating to an “outperform” rating and set a $425.00 target price for the company in a report on Wednesday, January 8th. Eight research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $384.45.

Insiders Place Their Bets

In related news, insider Angela Beatty sold 375 shares of Accenture stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.50, for a total transaction of $134,437.50. Following the completion of the sale, the insider now owns 5,149 shares of the company’s stock, valued at $1,845,916.50. The trade was a 6.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Julie Spellman Sweet sold 8,793 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $394.47, for a total transaction of $3,468,574.71. Following the completion of the transaction, the chief executive officer now owns 11,858 shares in the company, valued at approximately $4,677,625.26. This trade represents a 42.58 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 22,280 shares of company stock valued at $8,316,190. 0.02% of the stock is owned by company insiders.

Institutional Investors Weigh In On Accenture

A hedge fund recently raised its stake in Accenture stock. Brighton Jones LLC increased its stake in shares of Accenture plc (NYSE:ACN) by 36.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,438 shares of the information technology services provider’s stock after acquiring an additional 4,905 shares during the period. Brighton Jones LLC’s holdings in Accenture were worth $6,486,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Company Profile

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.