[Business Wire] – Accenture has been selected by Belk, the largest family-owned and -operated department store company in the United States, to help the retailer to deliver a seamless experience to customers across all shopping channels – in-store, online and mobile – as part of its Omnichannel Transformation Initiative.
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Accenture plc (ACN), valued at $51.40B, started trading this morning at $81.31.
Looking at today’s trading action, the company’s one day range from $80.44 to $81.50 with a one year range of $68.35 to $84.22.
ACN shares are currently priced at 17.99x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -21.17x forward p/e ratio.
And for those looking to make a return holding the stock, the company pays shareholders $1.86 per share annually in dividends, yielding 2.30%.
In a review of the consensus earnings estimate this quarter, 21 sell-side analysts are looking at $1.04 per share, which would be $0.04 better than the year-ago quarter and a $0.01 sequential decrease. Investors should also note that the full-year EPS estimate of $4.51 is a $0.30 better when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $7.22 Billion. If reported, that would be a 2.27% increase over the year-ago quarter.
In terms of ratings, RBC Capital Mkts Initiated ACN at Outperform (Dec 12, 2013). Previously, Robert W. Baird upgraded ACN from Neutral to Outperform.
When considering if perhaps the stock is under or overvalued, the average price target is $83.39, which is 2.56% above where the stock opened this morning.
Accenture plc (NYSE:ACN), provides management consulting, technology, and business process outsourcing services worldwide. It offers various management consulting services in the areas of finance and enterprise performance, operations, risk management, sales and customer service, strategy, sustainability, and talent and organization management.
Tag Helper ~ Stock Code: ACN | Common Company name: Accenture | Full Company name: Accenture plc (NYSE:ACN) .