Analysts See $1.55 EPS for Accenture plc (ACN)

September 14, 2018 - By Vernon Prom

Accenture plc (NYSE:ACN) LogoInvestors sentiment increased to 1.07 in Q2 2018. 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.
Hartline Investment has invested 0.4% in Accenture plc (NYSE:ACN). Finemark Financial Bank holds 0.08% of its portfolio in Accenture plc (NYSE:ACN) for 7,578 shares. National Bank & Trust Of The West accumulated 1,530 shares. Jane Street Group Limited accumulated 71,186 shares. Massachusetts-based Baldwin Brothers Inc Ma has invested 0.27% in Accenture plc (NYSE:ACN). Alexandria Capital Ltd Liability Company holds 26,654 shares. 4,646 were accumulated by Cetera Advisor Net Ltd Llc. Thrivent For Lutherans owns 56,720 shares or 0.03% of their US portfolio. 125,562 are owned by Northcoast Asset Limited Liability Com. Spectrum Mngmt reported 21,285 shares. Toth Advisory has invested 0.03% in Accenture plc (NYSE:ACN). Fdx accumulated 27,337 shares. Park Avenue Securities Ltd Liability reported 0.22% in Accenture plc (NYSE:ACN). Tocqueville Asset Management L P owns 0.03% invested in Accenture plc (NYSE:ACN) for 14,944 shares. Creative Planning holds 54,431 shares.

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 184,771 shares traded. Accenture plc (NYSE:ACN) has risen 25.06% since September 14, 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. On Tuesday, March 20 the stock rating was maintained by Robert W. Baird with “Neutral”. Robert W. Baird maintained the shares of ACN in report on Monday, June 25 with “Buy” rating. Wedbush maintained Accenture plc (NYSE:ACN) rating on Monday, April 2. Wedbush has “Buy” rating and $18000 target. The company was maintained on Friday, March 23 by Barclays Capital. The rating was upgraded by Susquehanna on Tuesday, June 19 to “Positive”. As per Friday, June 29, the company rating was maintained by Deutsche Bank. The stock of Accenture plc (NYSE:ACN) earned “Overweight” rating by KeyBanc Capital Markets on Monday, March 19. Cantor Fitzgerald maintained it with “Overweight” rating and $185 target in Friday, June 29 report. The rating was maintained by Wedbush with “Outperform” on Tuesday, March 20. The rating was maintained by KeyBanc Capital Markets with “Buy” on Friday, May 18.

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 news for Accenture plc (NYSE:ACN) were recently published by: Seekingalpha.com, which released: “DXC Technology: Looking Beyond The Merger” on September 05, 2018. Seekingalpha.com‘s article titled: “Accenture Makes Two Connected Technologies Acquisitions” and published on August 17, 2018 is yet another important article.

Accenture plc (NYSE:ACN) Ratings Chart

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