Accenture plc (ACN) Analysts See $1.66 EPS

December 8, 2017 - By Migdalia James

 Accenture plc (ACN) Analysts See $1.66 EPS
Investors sentiment increased to 1.05 in 2017 Q2. Its up 0.12, from 0.93 in 2017Q1. It increased, as 49 investors sold Accenture plc shares while 348 reduced holdings. 82 funds opened positions while 334 raised stakes. 466.45 million shares or 0.50% more from 464.13 million shares in 2017Q1 were reported.
Annex Advisory Serv Limited Liability Com reported 8,280 shares stake. 201,353 were accumulated by Suncoast Equity Management. Buckingham Capital Mgmt Inc stated it has 0.34% in Accenture plc (NYSE:ACN). First Houston Capital stated it has 2.98% of its portfolio in Accenture plc (NYSE:ACN). Covington Invest Advsrs Inc invested in 1.95% or 41,230 shares. Penn Davis Mcfarland reported 50,548 shares. Norinchukin Comml Bank The reported 0.25% in Accenture plc (NYSE:ACN). Quadrant Capital Management Ltd Liability holds 23,867 shares or 2.31% of its portfolio. Hills Bancorporation And Tru Co accumulated 1,825 shares. Cooke & Bieler Limited Partnership owns 366,533 shares. Carroll Incorporated holds 0.01% of its portfolio in Accenture plc (NYSE:ACN) for 753 shares. Comml Bank Of America De accumulated 0.15% or 6.04M shares. 23,276 are held by Lau Assocs Limited Liability. Round Table Service Ltd Liability has 0.12% invested in Accenture plc (NYSE:ACN) for 2,647 shares. First Merchants Corporation has invested 1.28% in Accenture plc (NYSE:ACN).

Analysts expect Accenture plc (NYSE:ACN) to report $1.66 EPS on December, 20.They anticipate $0.08 EPS change or 5.06 % from last quarter’s $1.58 EPS. ACN’s profit would be $1.02B giving it 22.38 P/E if the $1.66 EPS is correct. After having $1.48 EPS previously, Accenture plc’s analysts see 12.16 % EPS growth. The stock increased 0.22% or $0.33 during the last trading session, reaching $148.6. About 1.53M shares traded. Accenture plc (NYSE:ACN) has risen 4.27% since December 8, 2016 and is uptrending. It has underperformed by 12.43% the S&P500.

Accenture plc (NYSE:ACN) Ratings Coverage

Among 26 analysts covering Accenture Plc (NYSE:ACN), 14 have Buy rating, 1 Sell and 11 Hold. Therefore 54% are positive. Accenture Plc had 72 analyst reports since August 12, 2015 according to SRatingsIntel. The company was initiated on Friday, September 9 by Wedbush. The rating was maintained by Cowen & Co with “Buy” on Tuesday, September 19. The rating was maintained by Wells Fargo with “Outperform” on Friday, September 29. As per Monday, September 21, the company rating was maintained by Barclays Capital. Credit Suisse maintained Accenture plc (NYSE:ACN) on Monday, March 27 with “Hold” rating. Cowen & Co maintained it with “Outperform” rating and $130 target in Tuesday, May 31 report. Goldman Sachs downgraded the stock to “Sell” rating in Monday, April 3 report. The rating was maintained by Barclays Capital on Friday, September 30 with “Equal-Weight”. As per Thursday, December 22, the company rating was maintained by Barclays Capital. The stock of Accenture plc (NYSE:ACN) earned “Buy” rating by RBC Capital Markets on Wednesday, July 12.

Accenture plc provides consulting, technology, and outsourcing services worldwide. The company has market cap of $91.35 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 27.31 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 recent Accenture plc (NYSE:ACN) news were published by: which released: “Accenture Could Still Be Undervalued, But Execution Risk Is High” on November 30, 2017. Also published the news titled: “Accenture Invests In And Partners With Paxata” on November 14, 2017.‘s news article titled: “Accenture Federal is not done buying, new CEO says” with publication date: December 04, 2017 was also an interesting one.

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