Media headlines about Accenture (NYSE:ACN) have been trending positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than 6,000 news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Accenture earned a media sentiment score of 3.00 on their scale. InfoTrie also gave news stories about the information technology services provider an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accenture’s score:
- Accenture Expands Coding Tutorial to 15 Languages for ‘Hour of Code’ 2018, Providing More Opportunities for Students Around the World to Learn to Code (newsroom.accenture.com)
- Accenture Names 762 New Managing Directors and Senior Managing Directors (businesswire.com)
- Accenture acquires oil and gas consulting firm (seekingalpha.com)
- Accenture acquires Houston consulting firm serving energy and airline industry cos. (bizjournals.com)
- Accenture Acquires Enaxis Consulting, a Provider of Digital Transformation Services to Oil and Gas and Airline Companies (finance.yahoo.com)
Shares of ACN opened at $166.82 on Tuesday. Accenture has a twelve month low of $146.05 and a twelve month high of $175.64. The stock has a market cap of $109.28 billion, a PE ratio of 24.75, a P/E/G ratio of 2.21 and a beta of 1.01.
The business also recently declared a semiannual dividend, which was paid on Thursday, November 15th. Stockholders of record on Thursday, October 18th were given a dividend of $1.46 per share. The ex-dividend date was Wednesday, October 17th. This is a boost from Accenture’s previous semiannual dividend of $1.21. This represents a dividend yield of 1.68%. Accenture’s dividend payout ratio is currently 43.32%.
Several equities research analysts have commented on ACN shares. Zacks Investment Research downgraded shares of Accenture from a “hold” rating to a “sell” rating in a report on Wednesday, September 5th. Citigroup upped their price objective on shares of Accenture from $163.00 to $172.00 and gave the company a “neutral” rating in a report on Tuesday, September 18th. Deutsche Bank upped their price objective on shares of Accenture from $170.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, September 20th. Bank of America upped their price objective on shares of Accenture from $174.00 to $175.00 and gave the company a “neutral” rating in a report on Monday, September 24th. Finally, UBS Group set a $180.00 price objective on shares of Accenture and gave the company a “hold” rating in a report on Wednesday, September 26th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and fifteen have given a buy rating to the company’s stock. Accenture presently has a consensus rating of “Buy” and an average target price of $177.02.
In related news, insider Jean-Marc Ollagnier sold 1,340 shares of the company’s stock in a transaction that occurred on Monday, October 1st. The shares were sold at an average price of $173.37, for a total value of $232,315.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Arun Sarin sold 1,170 shares of the company’s stock in a transaction that occurred on Friday, October 5th. The stock was sold at an average price of $171.40, for a total transaction of $200,538.00. Following the completion of the transaction, the director now owns 4,582 shares in the company, valued at $785,354.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 78,717 shares of company stock worth $13,041,890. Company insiders own 0.21% of the company’s stock.
Accenture Company Profile
Accenture plc provides consulting, technology, and outsourcing services worldwide. Its Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, and enhance business results through industry-specific solutions for communications, media, and high tech industries, as well as for software platforms.
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