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5 Relatively Secure And Cheap Dividend Stocks - November 2024: Yields Up To 9%
Seeking Alpha· 2024-11-09 14:00
Group 1 - The primary goal of the "High Income DIY Portfolios" Marketplace service is to provide high income with low risk and capital preservation for DIY investors [1] - The service offers vital information and portfolio/asset allocation strategies aimed at creating stable, long-term passive income with sustainable yields [1] - The portfolios are specifically designed for income investors, including retirees or near-retirees, and include seven different portfolios: 3 buy-and-hold, 3 rotational portfolios, and a 3-bucket NPP model portfolio [1] Group 2 - The portfolios consist of two high-income portfolios, two dividend growth investing (DGI) portfolios, and a conservative NPP strategy portfolio characterized by low drawdowns and high growth potential [1]
My Top 15 High-Growth Dividend Stocks For November 2024
Seeking Alpha· 2024-11-03 19:44
The SPDR S&P 500 ETF Trust ( SPY ) breaks its strong run since May with a modest loss of 0.89% in October. Dividend stocks did not fair last month as well, with both the VanguardI have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sharing my thoughts with the Seeking Alpha com ...
Accenture (ACN) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-10-29 23:06
Company Performance - Accenture's stock closed at $363.04, reflecting a +0.48% change from the previous day, outperforming the S&P 500's gain of 0.16% [1] - The stock has increased by 2.22% over the past month, surpassing the Computer and Technology sector's gain of 1.87% and the S&P 500's gain of 1.67% [1] Upcoming Earnings - Accenture is expected to report an EPS of $3.39, indicating a 3.67% increase year-over-year, with projected revenue of $17.21 billion, a 6.09% rise from the same quarter last year [2] - For the annual period, earnings are anticipated to be $12.77 per share and revenue at $69.02 billion, reflecting increases of +6.86% and +6.36% respectively from the previous year [3] Analyst Estimates and Rankings - Recent changes in analyst estimates for Accenture are seen as indicators of the company's business outlook, with positive revisions suggesting optimism [3] - Accenture currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having increased by 0.04% over the past month [5] Valuation Metrics - Accenture has a Forward P/E ratio of 28.29, which is higher than the industry average of 28.21, indicating it is trading at a premium [6] - The company has a PEG ratio of 3.16, compared to the industry average PEG ratio of 2.8, suggesting a higher expected earnings growth rate relative to its price [6] Industry Context - The Computers - IT Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 47, placing it in the top 19% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
3 Reasons Why Growth Investors Shouldn't Overlook Accenture (ACN)
ZACKS· 2024-10-22 17:47
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the he ...
Is Accenture's Deal With Nvidia a Game Changer?
The Motley Fool· 2024-10-13 19:00
Global professional services firm Accenture just signed an important deal with Nvidia.Much of the artificial intelligence (AI) narrative has so far revolved around software platforms and sophisticated pieces of hardware needed to power these applications. Unsurprisingly, companies designing and manufacturing semiconductors or cloud computing have been some of the biggest beneficiaries of AI demand.One area that is getting overlooked is professional services -- otherwise known as consulting. Global IT profes ...
Is the Deal Between Nvidia and Accenture a Game-Changer?
The Motley Fool· 2024-10-12 07:05
AI Adoption and Partnership - Two major technology companies, Nvidia and Accenture, are collaborating to accelerate AI adoption among businesses [1][2] - The partnership aims to help enterprises scale AI adoption through the newly formed Accenture Nvidia Business Group, staffed by 30,000 AI experts [3] - The collaboration will leverage Nvidia's AI Foundry, AI Enterprise, and Omniverse systems to build custom large language models (LLMs) tailored to business-specific needs [4] AI Technology Advancements - Generative AI is a transformative technology capable of creating original content, summarizing data, automating tasks, and improving productivity [1] - Agentic AI represents the next evolution of AI, enabling systems to act autonomously with minimal oversight, breaking tasks into manageable steps [5] - The partnership removes a major barrier to AI adoption by addressing enterprises' lack of in-house expertise through Accenture's consulting and Nvidia's advanced platforms [6] Financial Performance and Growth - Accenture reported $64.9 billion in revenue for fiscal 2024, a 1% increase, with record bookings of $81.2 billion, up 13% [7] - Accenture generated $3 billion in AI-related bookings in fiscal 2024, including $1 billion in Q4 alone, and its workforce completed 44 million hours of training, a 10% increase driven by generative AI [7] - Nvidia's fiscal 2024 revenue surged 126% to $60.9 billion, with earnings per share up 586% to $11.93, and fiscal 2025 revenue grew 171% year-over-year to $56 billion in the first six months [7] Market Positioning and Valuation - Accenture is attractively priced at 28 times forward earnings, appealing to conservative investors [10] - Nvidia trades at a forward multiple of 33, reflecting its high growth expectations, with earnings projected to grow at an annualized rate of over 50% for the next five years [10] - The partnership enhances both companies' prospects by accelerating AI adoption among Accenture's customers using Nvidia's technology [10]
Wall Street Bulls Look Optimistic About Accenture (ACN): Should You Buy?
ZACKS· 2024-10-11 14:35
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Accenture (ACN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Accenture currently has an averag ...
6 Upcoming Dividend Increases, Including A New King
Seeking Alpha· 2024-10-11 09:30
The air is becoming crisp at night here in the mid-Atlantic. What's also crisp are the sweet, sweet dividend increases the companies on this list provides. This week's six companies on the list have anDerek is an individual investor seeking to navigate the investment world to provide a wealthy and stable retirement for his family. He aims to help fellow investors, notably younger investors, establish a plan to produce a growing income stream. Derek holds a Bachelor's degree in Computer Science with a minor ...
Here's Why Accenture (ACN) is a Strong Momentum Stock
ZACKS· 2024-10-10 14:55
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are t ...
Accenture(ACN) - 2024 Q4 - Annual Report
2024-10-10 10:43
Workforce and Operational Challenges - The company has approximately 774,000 employees worldwide as of August 31, 2024, presenting significant management and organizational challenges [80]. - The company operates in over 200 cities across 52 countries, making it susceptible to various operational risks, including health emergencies and geopolitical tensions [77]. - The company’s delivery capability is heavily concentrated in India and the Philippines, presenting operational risks that could be exacerbated by geopolitical tensions [77]. - The company is exposed to evolving risks as it expands services into new areas, which may include data security and product liability [84]. - The company’s business continuity and disaster recovery plans may not be effective in catastrophic events affecting large employee populations [78]. Strategic Acquisitions and Investments - The company plans to continue pursuing strategic acquisitions and investments to enhance its service offerings and expand into new markets, with increased capital investment expected in fiscal 2024 [82]. - The company faces risks in successfully integrating acquired businesses, which may disrupt ongoing operations and divert management's attention [82]. - The company may face significant costs related to acquisitions, including retention payments and legal fees, which could negatively affect profitability [82]. Legal and Regulatory Risks - Legal liabilities and litigation risks could significantly impact the company's financial results, especially if contractual obligations are not met [84]. - The company faces numerous legal and regulatory challenges, including compliance with anti-corruption laws and ESG regulations, which could result in significant fines and reputational damage [87]. - Compliance with diverse legal requirements is costly and time-consuming, potentially affecting operational efficiency and profitability [87]. - Government contracts are subject to strict compliance obligations, and any improper activities could result in civil and criminal penalties, including contract termination [89]. - The company is subject to audits by U.S. government agencies, which could lead to negative findings affecting future sales and profitability [89]. - Changes in laws and regulations could impose additional costs and compliance burdens, particularly regarding the use of offshore resources [87]. Financial Performance and Cash Flow - As of August 31, 2024, cash and cash equivalents were $5.0 billion, down from $9.0 billion as of August 31, 2023 [144]. - Operating cash flows decreased by $393 million to $9.131 billion, primarily due to changes in operating assets and liabilities [145]. - Cash used in investing activities increased by $4,439 million to $(7,062) million, mainly due to higher spending on business acquisitions [145]. - Cash used in financing activities increased by $418 million to $(6,064) million, attributed to higher cash dividends paid and net purchases of shares [145]. - The effect of exchange rate changes on cash and cash equivalents was $(46) million, an improvement from $(101) million in the previous year [145]. - The company has a debt capacity available under various credit facilities and may raise additional funds through public or private debt or equity financings [144]. - The company intends to continue using a significant portion of cash generated from operations for share repurchases during fiscal 2025 [146]. - The number of shares repurchased may vary based on market conditions and other factors, indicating a flexible approach to capital allocation [146]. ESG and Intellectual Property Risks - The company has set ESG commitments, including a 2040 net-zero greenhouse gas emissions target, but faces risks related to achieving these goals due to evolving regulatory requirements and supply chain challenges [88]. - The intellectual property landscape, especially concerning AI technologies, is evolving, which may limit the company's ability to protect its proprietary solutions [93]. - The company may incur substantial costs from claims of intellectual property infringement, which could harm its reputation and financial performance [93]. Geopolitical and Economic Factors - The sanctions imposed due to geopolitical events, such as the invasion of Ukraine, restrict the company's ability to offer services in certain locations, impacting trade with clients [87]. - Political and economic factors, such as changes in government spending and leadership, could adversely affect the company's ability to secure new government contracts [90].