Is Accenture plc (NYSE: ACN) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

ACN belongs to the Technology sector of the NYSE while operating in the Information Technology Services industry. The current market capitalization of Accenture plc is $208.96B. A total of 1.23 million shares were traded on the day, compared to an average of 3.40M shares.

In the most recent transaction, Shook Ellyn sold 5,000 shares of ACN for 329.82 per share on Jul 23 ’24. After the transaction, the Chief Leadership & HR Officer now owns 8,989 company shares. In a previous transaction on Jul 22 ’24, Unruch Joel sold 8,145 shares at 331.05 per share. ACN shares that General Counsel/Corp Secretary owns now total 22,849.

Among the insiders who sold shares, McClure Kathleen R disposed of 1,500 shares on Jul 15 ’24 at a per-share price of $315.00. This resulted in the Chief Financial Officer holding 38,570 shares of ACN after the transaction. In another insider transaction, McClure Kathleen R sold 3,000 shares at $309.22 per share on Jul 12 ’24. Company shares held by the Chief Financial Officer now total 40,070.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Accenture plc pays an annual dividend of $5.16, resulting in a dividend yield of 1.55%, and it has a price to earnings (P/E) ratio of 30.54. ACN’s most recent ex-dividend date was 7/11/2024 when it declared a $1.29 quarterly dividend that was paid in cash on 8/15/2024. Previously, the company paid the dividend on 5/15/2024 with an ex-dividend date of 4/10/2024. The ACN stock dividend was $1.29 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ACN has a high of $387.51 and a low of $278.69.

As of this writing, ACN has an earnings estimate of $2.78 per share for the current quarter. EPS was calculated based on a consensus of 20.0 estimates, with a high estimate of $2.86 per share and a lower estimate of $2.72.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ACN’s latest balance sheet shows that the firm has $8.17B in Cash & Short Term Investments as of fiscal 2021. There were $3.51B in debt and $15.71B in liabilities at the time. Its Book Value Per Share was $44.28, while its Total Shareholder’s Equity was $20.10B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ACN is Buy with a score of 4.19.

Most Popular

Related Posts