Accenture Plc (ACN) Insider ‘T Noordende Alexander M. Van Sells 6,500 Shares
Accenture Plc (NYSE:ACN) insider ‘T Noordende Alexander M. Van sold 6,500 shares of the stock in a transaction dated Monday, January 1st. The shares were sold at an average price of $153.48, for a total value of $997,620.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Accenture Plc (ACN) traded up $0.71 during midday trading on Wednesday, hitting $154.55. The stock had a trading volume of 2,060,000 shares, compared to its average volume of 1,990,000. Accenture Plc has a 1 year low of $112.31 and a 1 year high of $158.44. The company has a market capitalization of $99,080.00, a P/E ratio of 27.40, a P/E/G ratio of 2.31 and a beta of 1.08.
Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 21st. The information technology services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.67 by $0.12. Accenture had a return on equity of 41.79% and a net margin of 9.43%. The firm had revenue of $9.52 billion for the quarter, compared to the consensus estimate of $9.25 billion. During the same quarter last year, the company earned $1.58 earnings per share. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. equities analysts predict that Accenture Plc will post 6.64 earnings per share for the current fiscal year.
A number of research firms have weighed in on ACN. Citigroup reissued a “hold” rating and issued a $159.00 target price on shares of Accenture in a report on Friday, December 22nd. SunTrust Banks reissued a “hold” rating and issued a $164.00 target price on shares of Accenture in a report on Thursday, December 21st. Bank of America increased their target price on Accenture from $150.00 to $171.00 in a report on Friday, December 22nd. Pivotal Research increased their target price on Accenture from $165.00 to $180.00 and gave the company a “buy” rating in a report on Friday, December 22nd. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $180.00 target price (up previously from $151.00) on shares of Accenture in a report on Friday, December 22nd. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $155.11.
Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.
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