Accenture (NYSE:ACN) Updates FY25 Earnings Guidance

Accenture (NYSE:ACN) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $12.43-12.79 for the period, compared to the consensus EPS estimate of $12.74. The company issued revenue guidance of +4-7% yr/yr to $67.49-$69.44 billion, compared to the consensus revenue estimate of $68.62 billion. Accenture also updated its FY 2025 guidance to 12.430-12.790 EPS.

Analyst Ratings Changes

ACN has been the subject of several research analyst reports. Piper Sandler Companies reissued a “neutral” rating and set a $329.00 price objective on shares of Accenture in a research report on Friday, September 20th. Susquehanna boosted their price objective on shares of Accenture from $350.00 to $360.00 and gave the stock a “neutral” rating in a report on Friday, September 27th. BNP Paribas lowered Accenture from an “outperform” rating to a “neutral” rating and set a $375.00 price objective on the stock. in a report on Wednesday, October 30th. Guggenheim upped their target price on Accenture from $380.00 to $395.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Finally, TD Cowen upgraded shares of Accenture from a “hold” rating to a “buy” rating and increased their price objective for the company from $321.00 to $400.00 in a research note on Monday, September 30th. Eight equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $374.50.

Accenture Stock Down 2.7 %

Shares of ACN stock opened at $347.61 on Thursday. The firm has a market cap of $217.31 billion, a price-to-earnings ratio of 30.41, a PEG ratio of 3.23 and a beta of 1.24. Accenture has a 12 month low of $278.69 and a 12 month high of $387.51. The stock has a 50-day moving average price of $360.14 and a 200 day moving average price of $336.31.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, December 19th. The information technology services provider reported $3.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.43 by $0.16. Accenture had a net margin of 11.20% and a return on equity of 26.83%. The firm had revenue of $17.69 billion for the quarter, compared to analysts’ expectations of $17.15 billion. During the same period last year, the firm earned $3.27 earnings per share. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. Sell-side analysts predict that Accenture will post 12.74 earnings per share for the current fiscal year.

Accenture Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 16th will be given a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 1.70%. Accenture’s dividend payout ratio is 51.79%.

Accenture declared that its Board of Directors has authorized a share repurchase program on Thursday, September 26th that permits the company to buyback $4.00 billion in outstanding shares. This buyback authorization permits the information technology services provider to repurchase up to 1.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Activity

In related news, COO John F. Walsh sold 5,000 shares of the stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $373.24, for a total transaction of $1,866,200.00. Following the completion of the transaction, the chief operating officer now directly owns 17,593 shares in the company, valued at approximately $6,566,411.32. This trade represents a 22.13 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Angela Beatty sold 673 shares of the company’s stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $372.18, for a total value of $250,477.14. Following the transaction, the insider now directly owns 5,650 shares of the company’s stock, valued at approximately $2,102,817. This trade represents a 10.64 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 36,298 shares of company stock valued at $13,372,661 in the last quarter. Company insiders own 0.07% 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.