Accenture (NYSE:ACN) Updates FY 2025 Earnings Guidance

Accenture (NYSE:ACN) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 12.550-12.790 for the period, compared to the consensus earnings per share estimate of 12.720. The company issued revenue guidance of $68.1 billion-$69.4 billion, compared to the consensus revenue estimate of $68.6 billion. Accenture also updated its FY25 guidance to $12.55-12.79 EPS.

Accenture Price Performance

Shares of NYSE ACN opened at $305.17 on Friday. Accenture has a twelve month low of $278.69 and a twelve month high of $398.35. The firm has a fifty day simple moving average of $359.16 and a 200 day simple moving average of $357.13. The company has a market capitalization of $190.97 billion, a PE ratio of 25.60, a P/E/G ratio of 3.23 and a beta of 1.24. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.17.

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

Accenture Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 10th will be paid a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date is Thursday, April 10th. Accenture’s dividend payout ratio is presently 49.66%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ACN shares. Mizuho reduced their price target on shares of Accenture from $428.00 to $398.00 and set an “outperform” rating for the company in a report on Wednesday. Stifel Nicolaus reduced their price target on shares of Accenture from $390.00 to $380.00 and set a “buy” rating for the company in a report on Wednesday, February 26th. Jefferies Financial Group reduced their price target on shares of Accenture from $385.00 to $355.00 and set a “hold” rating for the company in a report on Tuesday, January 21st. UBS Group reduced their price target on shares of Accenture from $455.00 to $387.00 and set a “buy” rating for the company in a report on Friday. Finally, Royal Bank of Canada reduced their price target on shares of Accenture from $399.00 to $392.00 and set an “outperform” rating for the company in a report on Friday. Eight investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $380.05.

Insider Buying and Selling

In other Accenture news, CEO Julie Spellman Sweet sold 2,497 shares of Accenture stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $354.48, for a total value of $885,136.56. Following the sale, the chief executive officer now owns 28,866 shares of the company’s stock, valued at approximately $10,232,419.68. The trade was a 7.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Melissa A. Burgum sold 232 shares of Accenture stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $394.46, for a total transaction of $91,514.72. Following the completion of the sale, the chief accounting officer now directly owns 8,915 shares in the company, valued at approximately $3,516,610.90. This represents a 2.54 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 22,280 shares of company stock worth $8,316,190. 0.02% of the stock is owned by insiders.

Institutional Trading of Accenture

An institutional investor recently raised its position in Accenture stock. Brighton Jones LLC grew its holdings in Accenture plc (NYSE:ACN) by 36.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,438 shares of the information technology services provider’s stock after purchasing an additional 4,905 shares during the period. Brighton Jones LLC’s holdings in Accenture were worth $6,486,000 at the end of the most recent quarter. 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.