A new trading day began on Friday, with Accenture plc (NYSE: ACN) stock price down -0.66% from the previous day of trading, before settling in for the closing price of $361.05. ACN’s price has ranged from $278.69 to $387.51 over the past 52 weeks.
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Annual sales at Technology sector company grew by 8.75% over the past five years. Meanwhile, its annual earnings per share averaged 7.48%. With a float of $623.27 million, this company’s outstanding shares have now reached $625.28 million.
Let’s look at the performance matrix of the company that is accounted for 774000 employees. In terms of profitability, gross margin is 32.63%, operating margin of 14.92%, and the pretax margin is 14.95%.
Accenture plc (ACN) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of Accenture plc is 0.25%, while institutional ownership is 77.65%. The most recent insider transaction that took place on Nov 04 ’24, was worth 1,096,761. In this transaction Co-CEO Asia Pacific of this company sold 3,191 shares at a rate of $343.70, taking the stock ownership to the 6 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Officer proposed sale 3,191 for $345.26, making the entire transaction worth $1,101,725.
Accenture plc (ACN) Latest Financial update
In its latest quarterly report, released on 8/31/2024, the company reported earnings of 3.27 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.93% during the next five years compared to 9.21% growth over the previous five years of trading.
Accenture plc (NYSE: ACN) Trading Performance Indicators
Here are Accenture plc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.43. Likewise, its price to free cash flow for the trailing twelve months is 25.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.43, a number that is poised to hit 3.43 in the next quarter and is forecasted to reach 14.05 in one year’s time.
Technical Analysis of Accenture plc (ACN)
Accenture plc (NYSE: ACN) saw its 5-day average volume 2.09 million, a negative change from its year-to-date volume of 2.72 million. As of the previous 9 days, the stock’s Stochastic %D was 43.53%. Additionally, its Average True Range was 7.04.
During the past 100 days, Accenture plc’s (ACN) raw stochastic average was set at 78.48%, which indicates a significant increase from 55.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.33% in the past 14 days, which was higher than the 22.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $356.42, while its 200-day Moving Average is $334.65. Nevertheless, the first resistance level for the watch stands at $363.11 in the near term. At $367.55, the stock is likely to face the second major resistance level. The third major resistance level sits at $370.47. If the price goes on to break the first support level at $355.75, it is likely to go to the next support level at $352.83. The third support level lies at $348.39 if the price breaches the second support level.
Accenture plc (NYSE: ACN) Key Stats
With a market capitalization of 222.63 billion, the company has a total of 625,163K Shares Outstanding. Currently, annual sales are 64,896 M while annual income is 7,265 M. The company’s previous quarter sales were 16,406 M while its latest quarter income was 1,684 M.
