Analyst Ratings for Accenture PLC Cl A (ACN)Updated: 2017-07-28
An average rating of Overweight has been given to Accenture PLC Cl A (NYSE:ACN) by analysts covering the stock. About 30 days ago, ACN was issued an average rating of Overweight.
A buy rating was issued by 16 analysts, 1 issued an overweight rating, 13 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for ACN. The highest price target was 145, implying potential capital gains of 13.14 percent. The most pessimistic price target was 110, implying a possible loss of -14.17 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.35 percent on average, compared to last month. That number becomes 0.69 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.43 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
ACN has an estimated earnings growth rate of 4.27 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ACN is 5.32.
ACN has a 52-week high of 129.70 and a 52-week low of 108.83. The current market price is above the trailing year's low by 17.76 percent, and 1.19 percent lower than its 52-week high. ACN has a P/E ratio of 22.72. Investors typically compare the P/E ratio to a company's peers in the industry. The ACN value stock report compares ACN to some of its peers using value stock charts. The stock has a market capitalization of $85.75 billion. ACN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.