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.
Many analysts weighed in on price targets for ACN. The most optimistic price target was 145, implying a possible profit of 13.14 percent. The most pessimistic price target was 110, implying potential capital losses of -14.17 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.35 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.69 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.43 percent.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their 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. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Currently the stock is 17.76 percent higher than its low, and 1.19 percent below the 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 market cap of ACN is $85.75 billion. ACN's next earnings release will be on 0000-00-00, which is days away.