Accenture (NYSE:ACN) Releases FY 2026 Earnings Guidance
by Jessica Moore · The Cerbat GemAccenture (NYSE:ACN – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 13.520-13.900 for the period, compared to the consensus earnings per share estimate of 13.770. The company issued revenue guidance of $71.1 billion-$73.2 billion, compared to the consensus revenue estimate of $73.6 billion.
Accenture Trading Up 0.5%
ACN opened at $273.40 on Thursday. Accenture has a 1-year low of $229.40 and a 1-year high of $398.35. The firm has a 50-day moving average price of $251.83 and a two-hundred day moving average price of $264.30. The stock has a market capitalization of $180.03 billion, a PE ratio of 22.50, a PEG ratio of 2.64 and a beta of 1.26. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16.
Accenture (NYSE:ACN – Get Free Report) last released its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating the consensus estimate of $3.74 by $0.20. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities analysts anticipate that Accenture will post 12.73 earnings per share for the current fiscal year.
Accenture Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 10th were paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 2.4%. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend was Friday, October 10th. Accenture’s payout ratio is currently 53.66%.
Analysts Set New Price Targets
Several analysts have weighed in on the company. Cowen reissued a “buy” rating on shares of Accenture in a report on Friday, September 26th. TD Cowen lowered their price target on shares of Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a research report on Friday, September 26th. Robert W. Baird cut their price objective on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. Guggenheim lifted their target price on shares of Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a report on Monday. Finally, Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $294.04.
View Our Latest Stock Analysis on Accenture
Insider Transactions at Accenture
In other Accenture news, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the transaction, the chief executive officer directly owned 23,516 shares of the company’s stock, valued at approximately $5,868,888.12. The trade was a 27.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares in the company, valued at approximately $346,763.30. This represents a 64.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,319 shares of company stock valued at $8,335,225 over the last three months. 0.02% of the stock is currently owned by corporate insiders.
Institutional Trading of Accenture
Several hedge funds have recently bought and sold shares of the stock. Voloridge Investment Management LLC bought a new position in shares of Accenture in the third quarter worth about $311,694,000. AQR Capital Management LLC boosted its position in Accenture by 268.3% in the third quarter. AQR Capital Management LLC now owns 1,252,334 shares of the information technology services provider’s stock valued at $308,826,000 after buying an additional 912,348 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of Accenture by 199.0% during the third quarter. Mercer Global Advisors Inc. ADV now owns 166,834 shares of the information technology services provider’s stock worth $38,555,000 after buying an additional 335,394 shares during the last quarter. Boston Partners acquired a new position in shares of Accenture during the third quarter worth $80,728,000. Finally, Credit Agricole S A bought a new position in shares of Accenture in the 3rd quarter valued at $62,670,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.
About Accenture
Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.
Recommended Stories
- Five stocks we like better than Accenture
- About the Markup Calculator
- Rate Cuts Make These 3 Income ETFs More Attractive Than Ever
- Are Penny Stocks a Good Fit for Your Portfolio?
- Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport
- 3 Tickers Leading a Meme Stock Revival
- Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock