$1.55 EPS Expected for Accenture plc (ACN)

September 16, 2018 - By Matthew Richard

Accenture plc (NYSE:ACN) LogoInvestors sentiment increased to 1.07 in 2018 Q2. Its up 0.10, from 0.97 in 2018Q1. It is positive, as 48 investors sold Accenture plc shares while 376 reduced holdings. 109 funds opened positions while 345 raised stakes. 453.91 million shares or 0.93% more from 449.75 million shares in 2018Q1 were reported.
Annex Advisory Ltd Co accumulated 11,144 shares. Smithfield Tru Com reported 0.09% of its portfolio in Accenture plc (NYSE:ACN). Hillsdale Mngmt Incorporated reported 15 shares. Weatherstone Capital has 0.58% invested in Accenture plc (NYSE:ACN) for 4,404 shares. Schroder Invest Mgmt Gru stated it has 342,255 shares. Fdx holds 0.16% or 27,337 shares in its portfolio. Guyasuta Investment Advsrs reported 0.1% of its portfolio in Accenture plc (NYSE:ACN). Teacher Retirement System Of Texas has invested 0.59% in Accenture plc (NYSE:ACN). 31,888 are owned by Garrison Fincl Corp. Modera Wealth Limited Co has 3,529 shares. The Quebec – Canada-based Caisse De Depot Et Placement Du Quebec has invested 0.04% in Accenture plc (NYSE:ACN). Columbia Asset has invested 0.09% in Accenture plc (NYSE:ACN). Susquehanna Grp Limited Liability Partnership reported 12,550 shares. 7,103 were accumulated by First Allied Advisory Service Inc. 23,445 are held by Wellington Shields Mngmt Limited Liability Company.

Analysts expect Accenture plc (NYSE:ACN) to report $1.55 EPS on September, 27.They anticipate $0.07 EPS change or 4.73 % from last quarter’s $1.48 EPS. ACN’s profit would be $993.16M giving it 27.68 P/E if the $1.55 EPS is correct. After having $1.79 EPS previously, Accenture plc’s analysts see -13.41 % EPS growth. The stock decreased 0.25% or $0.43 during the last trading session, reaching $171.64. About 2.21 million shares traded or 10.22% up from the average. Accenture plc (NYSE:ACN) has risen 25.06% since September 16, 2017 and is uptrending. It has outperformed by 9.44% the S&P500.

Accenture plc (NYSE:ACN) Ratings Coverage

Among 11 analysts covering Accenture (NYSE:ACN), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Accenture had 15 analyst reports since March 19, 2018 according to SRatingsIntel. Wedbush maintained Accenture plc (NYSE:ACN) rating on Monday, April 2. Wedbush has “Buy” rating and $18000 target. The company was maintained on Monday, March 19 by KeyBanc Capital Markets. The rating was maintained by Deutsche Bank with “Buy” on Friday, June 29. The stock of Accenture plc (NYSE:ACN) has “Hold” rating given on Thursday, March 22 by BMO Capital Markets. Cantor Fitzgerald maintained Accenture plc (NYSE:ACN) rating on Friday, June 29. Cantor Fitzgerald has “Overweight” rating and $185 target. As per Tuesday, March 20, the company rating was maintained by Susquehanna. The stock of Accenture plc (NYSE:ACN) earned “Buy” rating by Stifel Nicolaus on Thursday, June 21. The firm has “Neutral” rating by Credit Suisse given on Friday, June 29. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, March 23 report. The stock of Accenture plc (NYSE:ACN) has “Outperform” rating given on Tuesday, March 20 by Wedbush.

Accenture plc provides consulting, technology, and outsourcing services worldwide. The company has market cap of $109.98 billion. The Company’s Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, and enhance business results through industry-specific solutions; and serves clients in communications, electronics, high technology, media, and entertainment industries. It has a 27.49 P/E ratio. The companyÂ’s Financial Services segment offers services that help clients enhance cost efficiency, grow their customer base, manage risk, and transform their operations; and serves clients in banking, capital markets, and insurance industries.

More important recent Accenture plc (NYSE:ACN) news were published by: Businesswire.com which released: “Mortgage Cadence Announces Integration with LoanBeam’s Income Calculation and Verification Service” on September 13, 2018, also Seekingalpha.com published article titled: “DXC Technology: Looking Beyond The Merger”, Businesswire.com published: “Accenture Launches 5G Acceleration Services at Mobile World Congress Americas” on September 14, 2018. More interesting news about Accenture plc (NYSE:ACN) was released by: Businesswire.com and their article: “Accenture and Mediaset Extend Collaboration to Further Enhance the Media Company’s Infinity Video Service” with publication date: September 14, 2018.

Accenture plc (NYSE:ACN) Ratings Chart

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