In the latest close session, Accenture (ACN) was up +2.9% at $193.12. The stock outperformed the S&P 500, which registered a daily gain of 1.06%. Meanwhile, the Dow gained 1.18%, and the Nasdaq, a tech-heavy index, added 1.4%.
The consulting company's shares have seen an increase of 9.93% over the last month, surpassing the Computer and Technology sector's gain of 3.99% and the S&P 500's gain of 2.46%.
Analysts and investors alike will be keeping a close eye on the performance of Accenture in its upcoming earnings disclosure. The company's earnings report is set to go public on October 1, 2026. It is anticipated that the company will report an EPS of $3.19, marking a 5.28% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $18.01 billion, showing a 2.36% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $13.86 per share and revenue of $73.54 billion, indicating changes of +7.19% and +5.55%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Accenture. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.03% higher. At present, Accenture boasts a Zacks Rank of #3 (Hold).
Investors should also note Accenture's current valuation metrics, including its Forward P/E ratio of 12.79. This denotes a discount relative to the industry average Forward P/E of 13.54.
Also, we should mention that ACN has a PEG ratio of 1.51. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Computers - IT Services industry was having an average PEG ratio of 1.37.
The Computers - IT Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 98, placing it within the top 40% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Accenture PLC (ACN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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