Accenture (NYSE:ACN) Updates FY 2025 Earnings Guidance

Accenture (NYSE:ACN) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 12.550-12.790 for the period, compared to the consensus EPS 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

Shares of NYSE:ACN opened at $305.17 on Friday. The company has a 50 day moving average of $359.16 and a 200 day moving average of $357.13. The stock has a market cap of $190.97 billion, a P/E ratio of 25.60, a P/E/G ratio of 3.23 and a beta of 1.24. Accenture has a 12 month low of $278.69 and a 12 month high of $398.35. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.17.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, March 20th. The information technology services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.81 by $0.01. The company had revenue of $16.70 billion during the quarter, compared to analysts’ expectations of $16.64 billion. Accenture had a net margin of 11.41% and a return on equity of 26.91%. Accenture’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.77 earnings per share. As a group, sell-side analysts forecast 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. Investors of record on Thursday, April 10th will be paid a dividend of $1.48 per share. The ex-dividend date is Thursday, April 10th. This represents a $5.92 annualized dividend and a yield of 1.94%. Accenture’s dividend payout ratio is currently 49.66%.

Wall Street Analysts Forecast Growth

ACN has been the subject of a number of research reports. Mizuho cut their price target on shares of Accenture from $428.00 to $398.00 and set an “outperform” rating for the company in a research note on Wednesday. The Goldman Sachs Group raised shares of Accenture from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $370.00 to $420.00 in a research note on Friday, December 6th. Royal Bank of Canada cut their price target on shares of Accenture from $399.00 to $392.00 and set an “outperform” rating for the company in a research note on Friday. StockNews.com cut shares of Accenture from a “buy” rating to a “hold” rating in a research note on Tuesday, March 11th. Finally, UBS Group cut their price target on shares of Accenture from $455.00 to $387.00 and set a “buy” rating for the company in a research note on Friday. Eight investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $380.05.

Insider Activity at Accenture

In related news, CAO Melissa A. Burgum sold 1,487 shares of the company’s stock in a transaction on 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 sale, the chief accounting officer now directly owns 9,247 shares in the company, valued at $3,278,431.38. This represents a 13.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Julie Spellman Sweet sold 8,793 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was 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 owns 11,858 shares of the company’s stock, valued at $4,677,625.26. This trade represents a 42.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,280 shares of company stock worth $8,316,190 in the last three months. 0.02% of the stock is owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Accenture stock. Brighton Jones LLC grew its stake in Accenture plc (NYSE:ACN) by 36.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

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.