Accenture plc (NYSE: ACN) is -8.44% lower on its value in year-to-date trading and has touched a low of $275.01 and a high of $398.35 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 $307.90 in the last trading session, with the day’s gains setting it 14.19%.
Currently trading at $322.09, the stock is 8.53% and 4.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.27 million and changing 4.61% at the moment leaves the stock -6.00% off its SMA200. ACN registered 3.24% gain for a year compared to 6-month loss of -9.56%.
The stock witnessed a 12.93% gain in the last 1 month and extending the period to 3 months gives it a -16.75%, and is 4.67% 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 1.60% over the week and 2.05% over the month.
Accenture plc (ACN) has around 774000 employees, a market worth around $201.64B and $67.22B in sales. Current P/E ratio is 26.58 and Fwd P/E is 23.62. Profit margin for the company is 11.43%. Distance from 52-week low is 17.12% and -19.14% from its 52-week high. The company has generated returns on investments over the last 12 months (21.05%).
The EPS is expected to grow by 6.36% this year.
Accenture plc (ACN) Top Institutional Holders
The shares outstanding are 626.44M, and float is at 624.33M with Short Float at 1.26%.
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 Macchi Mauro, the company’s Chief Executive Officer-EMEA. SEC filings show that Macchi Mauro sold 500 shares of the company’s common stock on May 01 ’25 at a price of $302.36 per share for a total of $0.15 million. Following the sale, the insider now owns 2783.0 shares.
Accenture plc disclosed in a document filed with the SEC on May 01 ’25 that Park Angie Y (Chief Financial Officer) sold a total of 1,250 shares of the company’s common stock. The trade occurred on May 01 ’25 and was made at $302.36 per share for $0.38 million. Following the transaction, the insider now directly holds 7423.0 shares of the ACN stock.
Still, SEC filings show that on May 01 ’25, Macchi Mauro (Officer) Proposed Sale 500 shares at an average price of $300.00 for $0.15 million. The insider now directly holds shares of Accenture plc (ACN).
