rts logo

New Big Money Means Accenture plc (ACN) Investors Could Reap Benefit

Accenture plc (NYSE: ACN) is -11.09% lower on its value in year-to-date trading and has touched a low of $261.68 and a high of $387.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ACN stock was last observed hovering at around $310.66 in the last trading session, with the day’s gains setting it 1.33%.

Currently trading at $311.99, the stock is 0.19% and -8.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.3 million and changing 0.43% at the moment leaves the stock -6.27% off its SMA200. ACN registered 17.81% gain for a year compared to 6-month gain of -0.35%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a -6.72% loss in the last 1 month and extending the period to 3 months gives it a -14.91%, and is 4.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.30% over the week and 1.54% over the month.

Accenture plc (ACN) has around 733000 employees, a market worth around $196.16B and $64.57B in sales. Current P/E ratio is 28.28 and Fwd P/E is 23.86. Profit margin for the company is 10.89%. Distance from 52-week low is 19.23% and -19.49% from its 52-week high. The company has generated returns on investments over the last 12 months (23.84%).

The EPS is expected to grow by 3.93% this year

The shares outstanding are 628.27M, and float is at 627.20M with Short Float at 1.14%.

Accenture plc (ACN) Insider Activity

The most recent transaction is an insider sale by Shook Ellyn, the company’s Chief Leadership & HR Officer. SEC filings show that Shook Ellyn sold 5,000 shares of the company’s common stock on Apr 25 ’24 at a price of $307.22 per share for a total of $1.54 million. Following the sale, the insider now owns 13699.0 shares.

Accenture plc disclosed in a document filed with the SEC on Apr 19 ’24 that Unruch Joel (General Counsel/Corp Secretary) sold a total of 4,333 shares of the company’s common stock. The trade occurred on Apr 19 ’24 and was made at $316.12 per share for $1.37 million. Following the transaction, the insider now directly holds 30702.0 shares of the ACN stock.

Still, SEC filings show that on Apr 12 ’24, Ollagnier Jean-Marc (CEO EMEA) disposed off 6,250 shares at an average price of $315.91 for $1.97 million. The insider now directly holds 161,581 shares of Accenture plc (ACN).

Related Posts