Stock Update (NYSE:ACN): Businesses’ Use of Personal Data at Risk, Accenture Report Warns

[Business Wire] – A new report from Accenture warns that businesses’ use of personal data from consumers is at risk and recommends key strategies and principles to properly protect consumer data, build trust and simultaneously grow their businesses. Read more on this. Accenture plc (ACN) , with a current market cap of $62.33B, started trading this morning at $101.39. A quick look at the market, the company’s stock traded between $98.74 and $101.75 with a one year range of $83.47 to $109.86. Accenture (ACN) shares are currently priced at 19.39x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.42x earnings multiple for the same period. The company pays shareholders $2.20 per share annually in dividends, yielding 2.24%. 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. In looking at the bigger picture, the full-year EPS estimate of $5.21 would be a $0.39 better when compared to the previous 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. Recently, 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 11.19% above where the stock opened this morning. See more in (NYSE:ACN) Similar Articles: Stock Update: Accenture plc (NYSE:ACN) – Accenture Acquires CRMWaypoint to Strengthen its Cloud First Agenda and Salesforce Capabilities Market Update: Accenture plc (NYSE:ACN) – Accenture (ACN) Stock Climbs Ahead of Earnings Results Company Update: Accenture plc (NYSE:ACN) – Accenture Launches Advanced Analytics Applications for the Utilities, Oil and Gas, Chemicals, Metals and Mining Industries