Analysts See $1.45 EPS for Accenture Plc (ACN)

September 17, 2017 - By Vivian Park

 Analysts See $1.45 EPS for Accenture Plc (ACN)
Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.06, from 0.99 in 2016Q3. It dived, as 48 investors sold Accenture Plc shares while 379 reduced holdings. 98 funds opened positions while 298 raised stakes. 466.12 million shares or 9.23% more from 426.72 million shares in 2016Q3 were reported.
Pinnacle Associate reported 0.15% in Accenture Plc (NYSE:ACN). First Advisors L P reported 424,923 shares or 0.15% of all its holdings. Retirement Sys Of Alabama holds 0.23% or 340,159 shares in its portfolio. Howard Management reported 2.28% of its portfolio in Accenture Plc (NYSE:ACN). Tortoise Investment Mngmt Ltd Liability Co reported 0% stake. Cadence Savings Bank Na holds 0.87% of its portfolio in Accenture Plc (NYSE:ACN) for 15,841 shares. Cibc Asset holds 164,640 shares or 0.14% of its portfolio. Wesbanco Savings Bank Incorporated owns 16,069 shares or 0.11% of their US portfolio. State Of Wisconsin Inv Board reported 589,229 shares. Kcm Invest Advsr Ltd Liability Corporation reported 35,549 shares or 0.28% of all its holdings. Cohen & Steers owns 109,309 shares. Agf Invs has 163,230 shares for 0.22% of their portfolio. State Of New Jersey Common Pension Fund D holds 0.09% or 182,500 shares. Cincinnati Financial owns 315,000 shares or 2.01% of their US portfolio. Atria Invests Ltd Liability Corp holds 0.15% in Accenture Plc (NYSE:ACN) or 17,142 shares.

Analysts expect Accenture Plc (NYSE:ACN) to report $1.45 EPS on September, 28 before the open.They anticipate $0.14 EPS change or 10.69 % from last quarter’s $1.31 EPS. ACN’s profit would be $934.92M giving it 23.34 P/E if the $1.45 EPS is correct. After having $1.52 EPS previously, Accenture Plc’s analysts see -4.61 % EPS growth. The stock increased 0.36% or $0.49 on September 15, reaching $135.35. About 3.71M shares traded or 124.85% up from the average. Accenture Plc (NYSE:ACN) has risen 4.27% since September 17, 2016 and is uptrending. It has underperformed by 12.43% the S&P500.

Accenture Plc (NYSE:ACN) Ratings Coverage

Among 21 analysts covering Accenture Plc (NYSE:ACN), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Accenture Plc had 50 analyst reports since August 12, 2015 according to SRatingsIntel. On Monday, May 29 the stock rating was maintained by Cantor Fitzgerald with “Buy”. The firm has “Outperform” rating given on Tuesday, May 31 by Cowen & Co. The company was maintained on Thursday, December 22 by Barclays Capital. The rating was maintained by JP Morgan on Monday, March 28 with “Overweight”. Robert W. Baird maintained Accenture Plc (NYSE:ACN) on Friday, September 1 with “Hold” rating. Barclays Capital maintained Accenture Plc (NYSE:ACN) on Friday, September 30 with “Equal-Weight” rating. The stock of Accenture Plc (NYSE:ACN) has “Hold” rating given on Friday, June 16 by Morgan Stanley. As per Friday, September 9, the company rating was initiated by Wedbush. On Monday, March 21 the stock rating was maintained by Stifel Nicolaus with “Buy”. Pacific Crest initiated the shares of ACN in report on Tuesday, July 12 with “Overweight” rating.

Accenture plc is a professional services firm serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The company has market cap of $87.27 billion. The Firm provides management and technology consulting services. It has a 23.99 P/E ratio. The Company’s divisions include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.

More notable recent Accenture Plc (NYSE:ACN) news were published by: Reuters.com which released: “Accenture sees ‘secular downward’ trend in bank fees” on September 15, 2017, also Reuters.com with their article: “Apple, Accenture team up on iPhone, iPad apps for businesses” published on August 29, 2017, Thestreet.com published: “Accenture CEO is Focused on Reskilling the Workforce for the Digital Future” on September 13, 2017. More interesting news about Accenture Plc (NYSE:ACN) were released by: Nasdaq.com and their article: “Accenture Opens Digital Hub in Singapore, Expands Globally” published on September 14, 2017 as well as Seekingalpha.com‘s news article titled: “Accenture Acquires VERAX For Canada Banking Tech” with publication date: August 25, 2017.

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