Accenture (NYSE:ACN) issued its earnings results on Thursday. The information technology services provider reported $1.91 EPS for the quarter, beating the Zacks’ consensus estimate of $1.72 by $0.19, MarketWatch Earnings reports. Accenture had a return on equity of 32.87% and a net margin of 11.13%. The company had revenue of $11.14 billion during the quarter, compared to the consensus estimate of $11.10 billion. During the same period in the previous year, the firm posted $1.73 earnings per share. Accenture’s quarterly revenue was up 6.6% compared to the same quarter last year.
NYSE ACN opened at $149.94 on Friday. Accenture has a 1-year low of $142.00 and a 1-year high of $216.39. The company has a current ratio of 1.38, a quick ratio of 1.39 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $100.75 billion, a PE ratio of 19.55, a price-to-earnings-growth ratio of 1.99 and a beta of 1.08. The firm’s fifty day simple moving average is $193.28 and its 200-day simple moving average is $196.71.
The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 16th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 2.13%. The ex-dividend date is Wednesday, April 15th. Accenture’s dividend payout ratio (DPR) is currently 43.48%.
In other news, insider John F. Walsh sold 6,000 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $209.21, for a total value of $1,255,260.00. Following the transaction, the insider now directly owns 26,344 shares of the company’s stock, valued at $5,511,428.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman David Rowland sold 9,791 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $211.38, for a total transaction of $2,069,621.58. Following the completion of the transaction, the chairman now directly owns 25,153 shares in the company, valued at $5,316,841.14. The disclosure for this sale can be found here. Insiders sold 29,254 shares of company stock worth $6,151,795 over the last ninety days. 0.10% of the stock is currently owned by company insiders.
Accenture Company Profile
Accenture plc provides consulting, technology, and outsourcing services in Ireland and internationally. Its Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, develop industry-specific solutions, and enhance efficiencies and business results for communications, media, high tech, software, and platform companies.
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