News stories about Accenture (NYSE:ACN) have trended somewhat positive on Tuesday, Accern reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Accenture earned a daily sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the information technology services provider an impact score of 46.3951620229827 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Accenture Appoints Vukani Mngxati Country Managing Director for South Africa (finance.yahoo.com)
- Let Analyse Simple Moving Averages – Accenture plc (NYSE: ACN) – Stocks Pen (stockspen.com)
- Accenture (ACN) See Raising Guidance Next Week – Deutsche Bank – StreetInsider.com (streetinsider.com)
- Accenture Helps Air France KLM Martinair Cargo Roll Out Enhanced Air Cargo Solution (finance.yahoo.com)
- Accenture plc (ACN) : Analysts Watch-List Stock – Wall Street Morning (wallstreetmorning.com)
Several analysts have recently commented on ACN shares. Evercore ISI increased their price objective on Accenture from $148.00 to $162.00 and gave the stock a “reduce” rating in a research note on Thursday, November 16th. Zacks Investment Research raised Accenture from a “hold” rating to a “buy” rating and set a $165.00 price objective for the company in a research note on Tuesday, November 28th. Robert W. Baird reissued a “hold” rating and issued a $155.00 price objective on shares of Accenture in a research note on Thursday, December 7th. Deutsche Bank increased their price objective on Accenture to $165.00 in a research note on Monday, December 11th. Finally, Cowen reissued a “buy” rating and issued a $165.00 price objective on shares of Accenture in a research note on Thursday, December 14th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $156.57.
Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, December 21st. The information technology services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.12. Accenture had a return on equity of 41.79% and a net margin of 9.43%. The business had revenue of $9.52 billion during the quarter, compared to analyst estimates of $9.25 billion. During the same period in the prior year, the company earned $1.58 earnings per share. Accenture’s revenue was up 11.8% compared to the same quarter last year. research analysts anticipate that Accenture will post 6.65 EPS for the current year.
In other Accenture news, CEO Pierre Nanterme sold 34,232 shares of the stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $152.94, for a total transaction of $5,235,442.08. Following the completion of the transaction, the chief executive officer now directly owns 262,490 shares of the company’s stock, valued at $40,145,220.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Richard P. Clark sold 1,433 shares of the stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $158.37, for a total value of $226,944.21. Following the transaction, the chief accounting officer now directly owns 8,932 shares of the company’s stock, valued at $1,414,560.84. The disclosure for this sale can be found here. Over the last three months, insiders have sold 117,249 shares of company stock valued at $18,106,228. 0.21% of the stock is owned by corporate insiders.
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Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.
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