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 most optimistic analyst gave a price target of 145, which equates to a potential upside of 13.14 percent. The minimum price target given was 110, which equates to a potential downside 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. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.69 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.43 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of ACN to grow at a rate of 4.27 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. ACN has a PEG ratio of 5.32.
ACN has a 52-week high of 129.70 and a 52-week low of 108.83. Today's price is 17.76 percent above the 52-week low, and 1.19 percent lower than its 52-week high. ACN has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.