Accenture plc (NYSE: ACN) is 10.29% higher on its value in year-to-date trading and has touched a low of $278.69 and a high of $398.35 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ACN stock was last observed hovering at around $389.53 in the last trading session, with the day’s loss setting it -1.53%.
Currently trading at $388.00, the stock is 2.41% and 6.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.02 million and changing -0.39% at the moment leaves the stock 14.57% off its SMA200. ACN registered 6.94% gain for a year compared to 6-month gain of 21.31%. The firm has a 50-day simple moving average (SMA 50) of $365.4746 and a 200-day simple moving average (SMA200) of $338.65485.
The stock witnessed a 10.94% loss in the last 1 month and extending the period to 3 months gives it a 7.60%, and is 0.52% 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 1.38% over the week and 2.02% over the month.
Accenture plc (ACN) has around 774000 employees, a market worth around $242.69B and $66.36B in sales. Current P/E ratio is 32.52 and Fwd P/E is 27.70. Profit margin for the company is 11.41%. Distance from 52-week low is 39.22% and -2.60% from its 52-week high. The company has generated returns on investments over the last 12 months (20.73%).
with sales reaching $16.64B over the same period.The EPS is expected to grow by 7.35% this year, but quarterly earnings will post 6.03% year-over-year. Quarterly sales are estimated to grow 5.35% in year-over-year returns.
Accenture plc (ACN) Top Institutional Holders
3317.0 institutions hold shares in Accenture plc (ACN), with institutional investors hold 79.50% of the company’s shares. The shares outstanding are 625.03M, and float is at 623.70M with Short Float at 0.88%. Institutions hold 79.17% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 59.68 million shares valued at $18.11 billion. The investor’s holdings represent 9.4971% of the ACN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 48.98 million shares valued at $14.86 billion to account for 7.7945 of the shares outstanding. The other top investors are STATE STREET CORP which holds 26.93 million shares representing 4.2857% and valued at over $8.17 billion, while MORGAN STANLEY holds 2.4832 of the shares totaling 15.6 million with a market value of $4.73 billion.
Accenture plc (ACN) Insider Activity
The most recent transaction is an insider sale by Sweet Julie Spellman, the company’s Chair and CEO. SEC filings show that Sweet Julie Spellman sold 8,793 shares of the company’s common stock on Feb 05 ’25 at a price of $394.47 per share for a total of $3.47 million. Following the sale, the insider now owns 11858.0 shares.
Accenture plc disclosed in a document filed with the SEC on Feb 05 ’25 that Sekido Ryoji (Co-CEO Asia Pacific) sold a total of 1,700 shares of the company’s common stock. The trade occurred on Feb 05 ’25 and was made at $394.37 per share for $0.67 million. Following the transaction, the insider now directly holds 20.0 shares of the ACN stock.
Still, SEC filings show that on Feb 05 ’25, Sharma Manish (CEO-The Americas) disposed off 2,136 shares at an average price of $394.44 for $0.84 million. The insider now directly holds 2,213 shares of Accenture plc (ACN).
