Group 1: Stock Performance - Accenture (ACN) closed at 3.27, reflecting a 4.47% increase from the prior-year quarter [2] - The consensus estimate forecasts revenue of 12.70 per share and revenue of $68.4 billion, representing year-over-year changes of +6.28% and +5.41%, respectively [3] - Recent adjustments to analyst estimates for Accenture may indicate shifting business dynamics, with positive changes reflecting analyst optimism [3] Group 4: Zacks Rank and Valuation - The Zacks Rank system, which evaluates estimate changes, currently ranks Accenture at 3 (Hold), with a recent downward shift of 0.22% in the EPS estimate [5] - Accenture has a Forward P/E ratio of 23.55, which is a premium compared to the industry's average Forward P/E of 16.85 [6] - The PEG ratio for Accenture stands at 3.02, while the average PEG ratio for the Computers - IT Services industry is 1.79 [6] Group 5: Industry Context - The Computers - IT Services industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 165, placing it in the bottom 34% 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]
Accenture (ACN) Rises But Trails Market: What Investors Should Know