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 Price Performance

Accenture stock opened at $300.86 on Friday. Accenture has a 52-week low of $278.69 and a 52-week high of $398.35. The company’s 50 day moving average is $360.05 and its two-hundred day moving average is $357.39. The firm has a market cap of $188.28 billion, a PE ratio of 25.24, a price-to-earnings-growth ratio of 3.23 and a beta of 1.24. 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 (NYSE:ACN) last announced its quarterly earnings data on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.01. Accenture had a net margin of 11.41% and a return on equity of 26.91%. The business had revenue of $16.70 billion for the quarter, compared to analyst estimates of $16.64 billion. During the same period last year, the business earned $2.77 EPS. The company’s revenue was up 5.7% on a year-over-year basis. On average, research analysts expect that Accenture will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 10th will be issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 1.97%. Accenture’s payout ratio is 49.66%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on ACN shares. JPMorgan Chase & Co. raised their price objective on shares of Accenture from $370.00 to $396.00 and gave the company an “overweight” rating in a report on Monday, December 16th. BMO Capital Markets dropped their target price on shares of Accenture from $425.00 to $370.00 and set a “market perform” rating on the stock in a research report on Tuesday. StockNews.com downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research report on Tuesday, March 11th. Jefferies Financial Group dropped their target price on shares of Accenture from $385.00 to $355.00 and set a “hold” rating on the stock in a research report on Tuesday, January 21st. Finally, Stifel Nicolaus dropped their target price on shares of Accenture from $390.00 to $380.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. Eight equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $384.45.

Insider Activity

In other news, insider Angela Beatty sold 375 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.50, for a total value of $134,437.50. Following the completion of the transaction, the insider now owns 5,149 shares of the company’s stock, valued at $1,845,916.50. The trade was a 6.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Julie Spellman Sweet sold 8,793 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $394.47, for a total transaction of $3,468,574.71. Following the completion of the transaction, the chief executive officer now directly owns 11,858 shares of the company’s stock, valued at approximately $4,677,625.26. This represents a 42.58 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 22,280 shares of company stock valued at $8,316,190 over the last 90 days. Insiders own 0.02% of the company’s stock.

Institutional Investors Weigh In On Accenture

A hedge fund recently raised its stake in Accenture stock. Brighton Jones LLC boosted its stake in Accenture plc (NYSE:ACN) by 36.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,438 shares of the information technology services provider’s stock after purchasing an additional 4,905 shares during the quarter. Brighton Jones LLC’s holdings in Accenture were worth $6,486,000 as of its most recent filing with the SEC. 75.14% of the stock is owned by institutional investors and hedge funds.

About Accenture

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.