Accenture (NYSE:ACN) Releases FY 2025 Earnings Guidance

Accenture (NYSE:ACN) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 12.550-12.790 for the period, compared to the consensus estimate of 12.720. The company issued revenue guidance of $68.1 billion-$69.4 billion, compared to the consensus revenue estimate of $68.6 billion. Accenture also updated its FY25 guidance to $12.55-12.79 EPS.

Accenture Trading Up 0.1 %

Shares of ACN stock opened at $324.52 on Thursday. The company has a 50 day moving average of $361.19 and a 200-day moving average of $357.78. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. Accenture has a 12-month low of $278.69 and a 12-month high of $398.35. The firm has a market cap of $203.08 billion, a P/E ratio of 27.22, a PEG ratio of 3.23 and a beta of 1.24.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.84 by ($0.02). Accenture had a net margin of 11.41% and a return on equity of 26.91%. The business had revenue of $16.70 billion during the quarter, compared to analysts’ expectations of $16.64 billion. During the same quarter in the prior year, the firm posted $2.77 earnings per share. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. Sell-side analysts anticipate that Accenture will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 10th will be paid a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 1.82%. Accenture’s dividend payout ratio is 49.66%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ACN shares. JPMorgan Chase & Co. lifted their price objective on shares of Accenture from $370.00 to $396.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. StockNews.com lowered shares of Accenture from a “buy” rating to a “hold” rating in a research note on Tuesday, March 11th. Mizuho reduced their price target on shares of Accenture from $428.00 to $398.00 and set an “outperform” rating for the company in a research report on Wednesday. Jefferies Financial Group reduced their price target on shares of Accenture from $385.00 to $355.00 and set a “hold” rating for the company in a research report on Tuesday, January 21st. Finally, Baird R W upgraded shares of Accenture from a “hold” rating to a “strong-buy” rating in a research report on Monday. Eight equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Accenture currently has a consensus rating of “Moderate Buy” and a consensus target price of $384.45.

Insiders Place Their Bets

In other news, CAO Melissa A. Burgum sold 1,487 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $354.54, for a total transaction of $527,200.98. Following the completion of the transaction, the chief accounting officer now directly owns 9,247 shares of the company’s stock, valued at approximately $3,278,431.38. This represents a 13.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Julie Spellman Sweet sold 2,497 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $354.48, for a total transaction of $885,136.56. Following the transaction, the chief executive officer now directly owns 28,866 shares of the company’s stock, valued at approximately $10,232,419.68. This trade represents a 7.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,280 shares of company stock valued at $8,316,190 over the last three months. Insiders own 0.02% of the company’s stock.

Hedge Funds Weigh In On Accenture

A hedge fund recently raised its stake in Accenture stock. Brighton Jones LLC lifted its position in Accenture plc (NYSE:ACN) by 36.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,438 shares of the information technology services provider’s stock after buying an additional 4,905 shares during the period. Brighton Jones LLC’s holdings in Accenture were worth $6,486,000 as of its most recent SEC filing. Institutional investors own 75.14% of the company’s stock.

Accenture Company Profile

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.