Market Update (NYSE:ACN): Accenture Releases Enhanced Human Services Software for Government Agencies

Accenture plc (NYSE:ACN) [Business Wire] – Accenture has released version 6.1 of its Human Services Software Suite, enhancing its capabilities to support state agencies’ modernization of eligibility systems, inte
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Accenture plc (ACN), valued at $51.52B, opened this morning at $81.30.
 
Today’s price range has been between $81.20 and $81.99 per share with a one year range of $69.78 to $85.88.
 
ACN shares are currently priced at 17.88x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 0.94x forward p/e ratio.
 
And for dividend hunters, the company pays shareholders $1.86 per share annually in dividends, yielding 2.30%.
 
According to a consensus of 20 analysts, the earnings estimate of $1.10 per share would be $0.09 better than the year-ago quarter and a $0.05 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $4.53 is a $0.32 improvement when compared to the previous year’s annual results.
 
The quarterly earnings estimate is predicated on a consensus revenue forecast of $7.62 Billion. If reported, that would be a 7.48% increase over the year-ago quarter.
 
Recently, RBC Capital Mkts Initiated ACN at Outperform (Dec 12, 2013). Previously, Robert W. Baird upgraded ACN from Neutral to Outperform.
 
Given all the information above, we should disclose to readers that the average price target is $88.00, which is 8.24% above than it opened this morning.
 
Summary (NYSE:ACN) :  Accenture plc provides management consulting, technology, and business process outsourcing (BPO) services worldwide. The company operates through Communications, Media & Technology; Financial Services; Health & Public Service; Products; and Resources segments. It offers management consulting services in the finance and enterprise performance, operations, risk management, sales and customer service, strategy, sustainability, and talent and organization management areas; and industry-specific management consulting services. The company also offers system integration consulting services and solutions, including enterprise solutions and enterprise resource planning, industry and functional solutions, information management services, custom solutions, and Microsoft solutions; and technology consulting services and solutions comprising information technology (IT) strategy, infrastructure and IT security consulting, and application modernization and optimization. In addition, it provides technology outsourcing services, such as application outsourcing services; infrastructure outsourcing services in service desk, workplace, data-center, network, security, and IT spend management service areas; and cloud computing, mobility, and embedded software services. Further, the company provides BPO services for business functions and processes, including finance and accounting, human resources, learning and procurement, and others, as well as industry-specific BPO services, such as credit services. It serves communications, electronics and high technology, media and entertainment, banking, capital markets, insurance, health, public service, airlines, freight and logistics, travel, automotive, consumer goods and service, industrial equipment, infrastructure and transportation service, life sciences, retail, chemical, energy, natural resources, and utility industries. Accenture plc has a strategic collaboration with Marriott International, Inc. The company is based in Dublin, Ireland.
 
Tag Helper ~ Stock Code: ACN | Common Company name: Accenture | Full Company name: Accenture plc (NYSE:ACN) .

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