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Breaking Down Accenture: 16 Analysts Share Their Views
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Breaking Down Accenture: 16 Analysts Share Their Views
Dec 19, 2024 1:19 PM

In the last three months, 16 analysts have published ratings on Accenture ( ACN ) , offering a diverse range of perspectives from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 7 4 0 0
Last 30D 0 1 0 0 0
1M Ago 1 2 1 0 0
2M Ago 0 0 0 0 0
3M Ago 4 4 3 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $395.25, a high estimate of $429.00, and a low estimate of $360.00. Witnessing a positive shift, the current average has risen by 7.1% from the previous average price target of $369.06.

Investigating Analyst Ratings: An Elaborate Study

A clear picture of Accenture's ( ACN ) perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Arvind Ramnani Piper Sandler Raises Overweight $429.00 $422.00
Tien-Tsin Huang JP Morgan Raises Overweight $396.00 $370.00
Arvind Ramnani Piper Sandler Raises Overweight $422.00 $395.00
James Schneider Goldman Sachs Raises Buy $420.00 $370.00
David Koning Baird Maintains Neutral $370.00 $370.00
Ramsey El-Assal Barclays Raises Overweight $415.00 $350.00
Bryan Bergin TD Cowen Raises Buy $400.00 $321.00
Kevin Mcveigh UBS Raises Buy $415.00 $400.00
Jonathan Lee Guggenheim Raises Buy $395.00 $380.00
Keith Bachman BMO Capital Raises Market Perform $390.00 $380.00
Daniel Perlin RBC Capital Raises Outperform $389.00 $377.00
James Friedman Susquehanna Raises Neutral $360.00 $350.00
Jason Kupferberg B of A Securities Raises Buy $388.00 $365.00
David Koning Baird Raises Neutral $370.00 $350.00
Arvind Ramnani Piper Sandler Raises Overweight $395.00 $329.00
Tien-Tsin Huang JP Morgan Lowers Overweight $370.00 $376.00

Key Insights:

Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Accenture ( ACN ). This offers insight into analysts' perspectives on the current state of the company.

Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Accenture ( ACN ) compared to the broader market.

Price Targets: Analysts predict movements in price targets, offering estimates for Accenture's ( ACN ) future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

To gain a panoramic view of Accenture's ( ACN ) market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Accenture ( ACN ) analyst ratings.

Discovering Accenture ( ACN ): A Closer Look

Accenture ( ACN ) is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture ( ACN ) employs just under 500,000 people throughout 200 cities in 51 countries.

Accenture's Economic Impact: An Analysis

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Growth: Accenture's ( ACN ) remarkable performance in 3 months is evident. As of 31 August, 2024, the company achieved an impressive revenue growth rate of 2.63%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 10.27%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 6.01%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Accenture's ( ACN ) ROA excels beyond industry benchmarks, reaching 3.06%. This signifies efficient management of assets and strong financial health.

Debt Management: Accenture's ( ACN ) debt-to-equity ratio is below the industry average. With a ratio of 0.15, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

How Are Analyst Ratings Determined?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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