Analysts See $1.66 EPS for Accenture plc

Sergio Conner
December 8, 2017

The information technology services provider reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.01.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 28th. Penn Davis Mcfarland holds 1.85% or 50,548 shares. The SI to Aircastle Limited's float is 1.68%. The stock decreased 1.09% or $0.49 during the last trading session, reaching $44.24. About 319,503 shares traded. Aircastle Limited (NYSE:AYR) has risen 8.43% since December 7, 2016 and is uptrending. It has underperformed by 77.41% the S&P500.

Investors sentiment increased to 1.05 in 2017 Q2. Its up 0.12, from 0.93 in 2017Q1. Janus Henderson Group PLC boosted its holdings in shares of Accenture by 2,531.4% in the 2nd quarter. 82 funds opened positions while 334 raised stakes. Stifel Finance accumulated 731,707 shares or 0.34% of the stock. Glenmede Trust Com Na has 1.42M shares for 0.81% of their portfolio.

State Treasurer State Of Michigan increased Zoetis Inc (NYSE:ZTS) stake by 169,700 shares to 1.56M valued at $97.39M in 2017Q2. AlphaMark Advisors LLC now owns 2,319 shares of the information technology services provider's stock worth $287,000 after acquiring an additional 20 shares during the last quarter.

The stock of Accenture plc (NYSE:ACN) reached all time high today, Dec, 7 and still has $156.91 target or 6.00 % above today's $148.03 share price. Following the transaction, the chief executive officer now directly owns 258,306 shares of the company's stock, valued at $31,190,449.50. During the same quarter in the previous year, the company earned $1.31 earnings per share. analysts anticipate that Accenture PLC will post 6.54 earnings per share for the current fiscal year. The company was maintained on Thursday, September 28 by Robert W. Baird.

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More important recent Accenture plc (NYSE:ACN) news were published by: Seekingalpha.com which released: "Accenture Could Still Be Undervalued, But Execution Risk Is High" on November 30, 2017, also Seekingalpha.com published article titled: "Accenture Invests In And Partners With Paxata", Streetinsider.com published: "Pivotal Research Starts Accenture plc (ACN) at Buy" on November 08, 2017. Accenture plc is comprised of insider ownership at 0.20% and institutional ownership of 81.70%. (NYSE:VOYA). Focused Wealth Mgmt invested in 0.07% or 5,200 shares. Jane Street Llc stated it has 17,440 shares or 0.01% of all its holdings. Farmers & Merchants Investments invested in 1,115 shares. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company's stock. Therefore 54% are positive. Zacks Investment Research upgraded Accenture from a "hold" rating to a "buy" rating and set a $145.00 price objective on the stock in a report on Monday, August 28th. The stock of Accenture plc (NYSE:ACN) earned "Buy" rating by Stifel Nicolaus on Thursday, September 7. The rating was maintained by SunTrust with "Hold" on Friday, September 29. Following the completion of the sale, the chief executive officer now directly owns 179,083 shares of the company's stock, valued at $24,181,577.49. Barclays Capital maintained JPMorgan Chase & Co. Morgan Stanley maintained the shares of ACN in report on Friday, September 22 with "Equal-Weight" rating. Amalgamated Bancorporation holds 0.3% of its portfolio in Accenture plc (NYSE:ACN) for 73,224 shares.

In other news, insider Gianfranco Casati sold 20,380 shares of the stock in a transaction on Tuesday, October 31st.

Accenture plc provides consulting, technology, and outsourcing services worldwide. Accenture Plc Ireland now has $91.14 billion valuation. 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 19.54 P/E ratio. It fall, as 25 investors sold Aircastle Limited shares while 36 reduced holdings. Koch Industries Inc. raised its position in Accenture by 18,227.9% during the second quarter. Prudential Public Ltd Com reported 3,811 shares. Pinnacle Wealth Management Advisory Group LLC now owns 5,535 shares of the information technology services provider's stock worth $664,000 after purchasing an additional 35 shares during the period. Dreman Value Management L L C invested 0.27% in Voya Financial, Inc. 9,362 were reported by Bnp Paribas Arbitrage. 192,600 are owned by California Employees Retirement Sys.

Verity Verity Ltd Company holds 32,087 shares. Linscomb & Williams reported 24,587 shares. Suntrust Banks has 0% invested in Aircastle Limited (NYSE:AYR) for 9,711 shares. The stock of Accenture plc (NYSE:ACN) has "Buy" rating given on Friday, October 16 by Cantor Fitzgerald. Therefore 14% are positive. JPMorgan Chase & Co had 88 analyst reports since July 21, 2015 according to SRatingsIntel. Finally, Cowen set a $150.00 price objective on Accenture and gave the stock a "buy" rating in a research report on Monday, October 23rd. RBC Capital Markets maintained Voya Financial, Inc. The firm has "Overweight" rating given on Monday, March 28 by JP Morgan. The firm has "Buy" rating by Citigroup given on Thursday, January 26. Finally, Susquehanna Bancshares reaffirmed a "neutral" rating and issued a $144.00 price target on shares of Accenture in a report on Tuesday, October 3rd. The company was maintained on Friday, November 10 by Keefe Bruyette & Woods.

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