Company Update (NYSE:ACN): Accenture Positioned the Furthest and Highest within “Leaders” Quadrant in Gartner’s 2015 Magic Quadrant for Oracle Application Management Services, Worldwide

[Business Wire] – Accenture is positioned furthest and highest in the “Leaders” quadrant within the Gartner Magic Quadrant for Oracle Application Management Services, Worldwide, for both ability to execute and completeness of vision. Read more on this. Accenture plc (ACN) , with a current value of $66.68B, started trading this morning at $104.75. Looking at today’s trading action, the company’s one day range from $104.73 to $106.46 with a trailing 52-week range being $83.47 to $109.86. Accenture (ACN) shares are currently priced at 20.26x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 11.59x earnings multiple for the same period. And for income investors, the company pays shareholders $2.20 per share annually in dividends, yielding 2.08%. According to a consensus of 24 analysts, the earnings estimate of $1.18 per share would be $0.10 better than the year-ago quarter and a $0.01 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $5.21, which would be a $0.39 better when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $7.72 Billion. If realized, that would be a 3.07% increase over the year-ago quarter. In terms of ratings, Cantor Fitzgerald Initiated ACN at Buy (Oct 16, 2015). Previously, Argus upgraded ACN from Hold to Buy. The average price target for ACN shares by the analysts covering the stock is $112.74, which is 7.63% above where the stock opened this morning. See more in (NYSE:ACN) Similar Articles: Market Update (NYSE:ACN): Accenture Positioned as a Leader in 2015 Gartner Magic Quadrant for Business Analytics Services, Worldwide Market Update (NYSE:ACN): Accenture Positioned as a Leader in Gartner’s 2015 “Magic Quadrant for SAP Implementation Services, Worldwide” Market Update (NYSE:ACN): Accenture Positioned as a Leader in Gartner’s 2015 Magic Quadrant for IT Services for Communications Service Providers Worldwide