What the Smart Investors Know About Accenture

Large-cap Technology company Accenture has logged a -2.1% change Friday on a trading volume of 2,564,336. The average volume for the stock is 2,468,238.

Accenture plc, a professional services company, provides strategy and consulting, interactive, industry X, song, and technology and operation services worldwide. Based in Dublin, Ireland the company has 738,000 full time employees and a market cap of $176,497,164,288. Accenture currently offers its equity investors a dividend that yields 1.5% per year.

The company is now trading -10.44% away from its average analyst target price of $311.8 per share. The 22 analysts following the stock have set target prices ranging from $250.0 to $360.0, and on average give Accenture a rating of buy.

Over the last year, ACN shares have gone down by -11.0%, which represents a difference of -5.0% when compared to the S&P 500. The stock's 52 week high is $330.32 per share and its 52 week low is $242.8. Based on Accenture's average gross margin growth of 0.9% over the last four years, its core business remains strong and the stock price may recover in the long term.

Date Reported Revenue ($ k) Cost of Revenue ($ k) Gross Margins (%) YoY Growth (%)
2022-08-31 61,594,305 41,892,766 31.99 -1.2
2021-08-31 50,533,389 34,169,261 32.38 2.7
2020-08-31 44,327,039 30,350,881 31.53 2.34
2019-08-31 43,215,013 29,900,325 30.81 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.