Accenture Plc (ACN) Insider Richard P. Clark Sells 1,853 Shares
Accenture Plc (NYSE:ACN) insider Richard P. Clark sold 1,853 shares of Accenture stock in a transaction on Monday, February 5th. The shares were sold at an average price of $157.87, for a total transaction of $292,533.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Accenture Plc (NYSE:ACN) opened at $150.51 on Friday. The stock has a market cap of $98,563.38, a PE ratio of 26.64, a PEG ratio of 2.33 and a beta of 1.05. Accenture Plc has a twelve month low of $114.82 and a twelve month high of $162.60.
Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, December 21st. The information technology services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.12. The firm had revenue of $9.52 billion during the quarter, compared to analysts’ expectations of $9.25 billion. Accenture had a net margin of 9.43% and a return on equity of 41.79%. The business’s revenue was up 11.8% on a year-over-year basis. During the same period last year, the company earned $1.58 earnings per share. equities research analysts expect that Accenture Plc will post 6.65 EPS for the current fiscal year.
Several research firms have weighed in on ACN. Pivotal Research lifted their price target on shares of Accenture from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, December 22nd. Zacks Investment Research raised shares of Accenture from a “hold” rating to a “buy” rating and set a $172.00 price target for the company in a research note on Wednesday, December 27th. Morgan Stanley raised shares of Accenture from an “equal weight” rating to an “overweight” rating and decreased their price target for the company from $159.00 to $140.00 in a research note on Monday. Cowen reaffirmed a “buy” rating and issued a $165.00 price target on shares of Accenture in a research note on Thursday, December 14th. Finally, Credit Suisse Group set a $165.00 price target on shares of Accenture and gave the company a “hold” rating in a research note on Tuesday, January 2nd. Two analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company’s stock. Accenture has an average rating of “Hold” and an average price target of $156.57.
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Accenture Company Profile
Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.
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