Royal Bank Of Canada Issues Pessimistic Forecast for Accenture (NYSE:ACN) Stock Price

Accenture (NYSE:ACN) had its price target dropped by Royal Bank Of Canada from $372.00 to $285.00 in a research report issued on Friday, MarketBeat reports. The firm presently has an “outperform” rating on the information technology services provider’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 19.03% from the stock’s previous close.

ACN has been the subject of several other research reports. Evercore ISI set a $280.00 target price on Accenture in a research report on Thursday. Susquehanna reduced their price objective on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a research report on Thursday, September 18th. Rothschild & Co Redburn raised their target price on shares of Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. BMO Capital Markets decreased their price target on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a research note on Friday. Finally, Rothschild Redb cut Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Accenture has a consensus rating of “Moderate Buy” and an average price target of $301.91.

Accenture Stock Up 3.0%

ACN stock opened at $239.43 on Friday. Accenture has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The company has a market cap of $149.96 billion, a price-to-earnings ratio of 19.71, a P/E/G ratio of 2.05 and a beta of 1.29. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42. The business’s 50-day moving average is $253.43 and its two-hundred day moving average is $286.02.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. During the same period in the previous year, the company posted $2.66 EPS. The firm’s revenue was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, analysts forecast that Accenture will post 12.73 earnings per share for the current year.

Insider Activity

In related news, CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the transaction, the chief executive officer directly owned 2,283 shares of the company’s stock, valued at $644,582.22. This trade represents a 17.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Angela Beatty sold 203 shares of the stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the sale, the insider directly owned 5,249 shares in the company, valued at $1,482,002.66. This trade represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,954 shares of company stock worth $834,280. Corporate insiders own 0.02% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ACN. Brighton Jones LLC increased its position in shares of Accenture by 36.2% during the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after purchasing an additional 4,905 shares in the last quarter. Park Square Financial Group LLC purchased a new stake in Accenture in the fourth quarter valued at about $31,000. Marcum Wealth LLC boosted its holdings in Accenture by 3.3% in the first quarter. Marcum Wealth LLC now owns 2,343 shares of the information technology services provider’s stock worth $731,000 after acquiring an additional 74 shares in the last quarter. First Hawaiian Bank increased its holdings in shares of Accenture by 2.9% during the first quarter. First Hawaiian Bank now owns 2,515 shares of the information technology services provider’s stock valued at $785,000 after acquiring an additional 71 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in shares of Accenture by 54.5% in the 1st quarter. Versant Capital Management Inc now owns 1,842 shares of the information technology services provider’s stock valued at $575,000 after purchasing an additional 650 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

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.