EPS for Accenture plc (ACN) Expected At $1.55

September 16, 2018 - By Richard Conner

Accenture plc (NYSE:ACN) LogoInvestors sentiment increased to 1.07 in 2018 Q2. Its up 0.10, from 0.97 in 2018Q1. It improved, as 48 investors sold Accenture plc shares while 376 reduced holdings. 109 funds opened positions while 345 raised stakes. 453.91 million shares or 0.93% more from 449.75 million shares in 2018Q1 were reported.
Bp Pcl invested 0.41% of its portfolio in Accenture plc (NYSE:ACN). Madison Invest accumulated 269,631 shares. Principal Financial Group, Iowa-based fund reported 1.29M shares. Ibm Retirement Fund stated it has 13,383 shares. Neumann Capital Mgmt Limited Liability Corporation holds 9,185 shares or 0.94% of its portfolio. The Alabama-based Kistler has invested 0.07% in Accenture plc (NYSE:ACN). North Star Asset Mgmt stated it has 3,800 shares. New Jersey-based Pinnacle Wealth Management Advisory Group Limited Liability Com has invested 0.47% in Accenture plc (NYSE:ACN). Aperio Gru Ltd invested in 604,749 shares. Cypress Grp invested in 49,522 shares or 1.67% of the stock. Citigroup owns 400,492 shares or 0.06% of their US portfolio. 3,287 were accumulated by Saturna Cap. Gotham Asset Mgmt Ltd Liability Corporation holds 282,019 shares. The Texas-based Westwood Group has invested 0.05% in Accenture plc (NYSE:ACN). Bokf Na stated it has 0.24% of its portfolio in Accenture plc (NYSE:ACN).

Analysts expect Accenture plc (NYSE:ACN) to report $1.55 EPS on September, 27.They anticipate $0.07 EPS change or 4.73 % from last quarter’s $1.48 EPS. ACN’s profit would be $993.16M giving it 27.68 P/E if the $1.55 EPS is correct. After having $1.79 EPS previously, Accenture plc’s analysts see -13.41 % EPS growth. The stock decreased 0.25% or $0.43 during the last trading session, reaching $171.64. About 2.21 million shares traded or 10.22% up from the average. Accenture plc (NYSE:ACN) has risen 25.06% since September 16, 2017 and is uptrending. It has outperformed by 9.44% the S&P500.

Accenture plc (NYSE:ACN) Ratings Coverage

Among 11 analysts covering Accenture (NYSE:ACN), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Accenture had 15 analyst reports since March 19, 2018 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, June 29 by Credit Suisse. The stock has “Equal-Weight” rating by Barclays Capital on Friday, March 23. The rating was maintained by KeyBanc Capital Markets with “Buy” on Friday, May 18. The firm earned “Outperform” rating on Tuesday, March 20 by Wedbush. The stock has “Hold” rating by BMO Capital Markets on Thursday, March 22. The rating was maintained by Deutsche Bank on Friday, June 29 with “Buy”. As per Monday, April 2, the company rating was maintained by Wedbush. As per Monday, March 19, the company rating was maintained by KeyBanc Capital Markets. The stock has “Hold” rating by Susquehanna on Tuesday, March 20. Robert W. Baird maintained the stock with “Buy” rating in Monday, June 25 report.

Accenture plc provides consulting, technology, and outsourcing services worldwide. The company has market cap of $109.98 billion. The Company’s Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, and enhance business results through industry-specific solutions; and serves clients in communications, electronics, high technology, media, and entertainment industries. It has a 27.49 P/E ratio. The companyÂ’s Financial Services segment offers services that help clients enhance cost efficiency, grow their customer base, manage risk, and transform their operations; and serves clients in banking, capital markets, and insurance industries.

More important recent Accenture plc (NYSE:ACN) news were published by: Businesswire.com which released: “Mortgage Cadence Announces Integration with LoanBeam’s Income Calculation and Verification Service” on September 13, 2018, also Businesswire.com published article titled: “Accenture and Mediaset Extend Collaboration to Further Enhance the Media Company’s Infinity Video Service”, Businesswire.com published: “Accenture Launches 5G Acceleration Services at Mobile World Congress Americas” on September 14, 2018. More interesting news about Accenture plc (NYSE:ACN) was released by: Seekingalpha.com and their article: “DXC Technology: Looking Beyond The Merger” with publication date: September 05, 2018.

Accenture plc (NYSE:ACN) Ratings Chart

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