Accenture (NYSE:ACN) Given Daily News Sentiment Score of 2.00

News coverage about Accenture (NYSE:ACN) has been trending somewhat positive on Friday, according to InfoTrie. The research firm rates the sentiment of media coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Accenture earned a coverage optimism score of 2.00 on their scale. InfoTrie also assigned media headlines about the information technology services provider an news buzz score of 0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near term.

These are some of the news articles that may have effected Accenture’s analysis:

Shares of ACN stock opened at $212.40 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market cap of $135.11 billion, a price-to-earnings ratio of 28.36, a PEG ratio of 2.63 and a beta of 1.03. The stock has a 50 day simple moving average of $209.39 and a 200-day simple moving average of $197.95. Accenture has a 1-year low of $156.74 and a 1-year high of $214.46.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, December 19th. The information technology services provider reported $2.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.99 by $0.10. Accenture had a return on equity of 33.35% and a net margin of 11.06%. The business had revenue of $11.36 billion during the quarter, compared to the consensus estimate of $11.15 billion. During the same period in the prior year, the company posted $1.96 EPS. The business’s quarterly revenue was up 7.1% on a year-over-year basis. Analysts anticipate that Accenture will post 7.82 earnings per share for the current fiscal year.

The company also recently declared a semi-annual dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 16th will be given a dividend of $0.80 per share. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, January 15th. Accenture’s payout ratio is 43.48%.

ACN has been the subject of a number of analyst reports. Wolfe Research raised Accenture from an “underperform” rating to a “peer perform” rating and set a $215.00 price target for the company in a report on Monday, January 6th. Robert W. Baird boosted their price target on Accenture from $212.00 to $214.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Wells Fargo & Co boosted their price target on Accenture from $225.00 to $230.00 and gave the company an “outperform” rating in a report on Thursday, January 9th. Royal Bank of Canada reissued a “buy” rating and issued a $228.00 price target on shares of Accenture in a report on Monday, January 20th. Finally, Argus boosted their price target on Accenture from $220.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, December 26th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $214.82.

In related news, insider John F. Walsh sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $209.21, for a total transaction of $1,255,260.00. Following the completion of the sale, the insider now directly owns 26,344 shares in the company, valued at $5,511,428.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman David Rowland sold 9,791 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $211.38, for a total value of $2,069,621.58. Following the sale, the chairman now owns 25,153 shares of the company’s stock, valued at $5,316,841.14. The disclosure for this sale can be found here. Insiders have sold 29,254 shares of company stock valued at $6,151,795 over the last quarter. 0.10% of the stock is owned by company insiders.

Accenture Company Profile

Accenture plc provides consulting, technology, and outsourcing services in Ireland and internationally. Its Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, develop industry-specific solutions, and enhance efficiencies and business results for communications, media, high tech, software, and platform companies.

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