On Monday, Accenture plc (NYSE: ACN) opened lower -0.68% from the last session, before settling in for the closing price of $315.40. Price fluctuations for ACN have ranged from $261.68 to $387.51 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 9.59%. Company’s average yearly earnings per share was noted 3.84% at the time writing. With a float of $627.17 million, this company’s outstanding shares have now reached $628.27 million.
Considering the fact that the conglomerate employs 733000 people, you should pay attention to its efficiency factor.
Accenture plc (ACN) Insider Activity
A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of Accenture plc is 0.25%, while institutional ownership is 78.04%. The most recent insider transaction that took place on Mar 25 ’24, was worth 2,657,034. In this transaction Chief Operating Officer of this company sold 8,000 shares at a rate of $332.13, taking the stock ownership to the 17,877 shares. Before that another transaction happened on Feb 05 ’24, when Company’s Chair and CEO sold 7,361 for $370.35, making the entire transaction worth $2,726,126. This insider now owns 18,713 shares in total.
Accenture plc (ACN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.58% during the next five years compared to 11.18% growth over the previous five years of trading.
Accenture plc (NYSE: ACN) Trading Performance Indicators
Check out the current performance indicators for Accenture plc (ACN). In the past quarter, the stock posted a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.05. Likewise, its price to free cash flow for the trailing twelve months is 22.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.03, a number that is poised to hit 3.17 in the next quarter and is forecasted to reach 13.07 in one year’s time.
Technical Analysis of Accenture plc (ACN)
Compared to the last year’s volume of 2.36 million, its volume of 2.8 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 7.23%. Additionally, its Average True Range was 7.79.
During the past 100 days, Accenture plc’s (ACN) raw stochastic average was set at 1.45%, which indicates a significant decrease from 3.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.04% in the past 14 days, which was lower than the 24.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $359.96, while its 200-day Moving Average is $333.13. Nevertheless, the first resistance level for the watch stands at $319.19 in the near term. At $325.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $328.61. If the price goes on to break the first support level at $309.77, it is likely to go to the next support level at $306.26. Should the price break the second support level, the third support level stands at $300.35.
Accenture plc (NYSE: ACN) Key Stats
There are currently 670,737K shares outstanding in the company with a market cap of 196.96 billion. Presently, the company’s annual sales total 64,112 M according to its annual income of 6,872 M. Last quarter, the company’s sales amounted to 15,800 M and its income totaled 1,675 M.
