Accenture’s price movement
Accenture (ACN) has a market cap of $63.87 billion. Accenture’s YTD (year-to-date) performance rose until the earnings report in 4Q15. After the earnings report in 4Q15, Accenture fell by 0.09% to close at $97.77 per share. The price movement on a weekly, monthly, and YTD basis is -0.60%, 2%, and 9.70%, respectively. It’s trading at 0.25% on a trailing five-day basis.
At times, it broke the support of the 20-day moving average in 2015. It broke all of the major support in September 2015. Currently, it’s trading at 0.41% above the 20-day moving average, -2.57% below the 50-day moving average, and 3.39% above the 200-day moving average.
The RevenueShares Ultra Dividend Fund (RDIV) invests 5.05% of its holdings in Accenture. RDIV tracks an index that selects the 60 highest yielding stocks from the S&P 900 and weights them by revenue. RDIV’s YTD price movement is -6.40%. The SPDR Morgan Stanley Technology ETF (MTK) invests 2.71% of its holdings in Accenture.
Accenture’s competitors and their market caps are:
Accenture’s performance in 4Q15 and fiscal 2015
According to Accenture’s 4Q15 earnings report, the net revenue rose to $7,888.505 million in 4Q15—a rise of 1.52% on a quarterly basis. With reimbursements, the revenue rose to $8,364.511 million. The revenue from communications, financial services, health and public service, and products rose by 1.52%, 3.19%, 0.49%, and 2.56%, respectively, in 4Q15 on a quarterly basis. The net income and EPS (earnings per share) were reported as $737.628 million and $1.15 per share in 4Q15—a fall of 7.06% and 7.25% compared to the net income of $793.697 million and $1.24 per share in 3Q15.
In 4Q15, some of Accenture’s key activities were:
- Accenture and Cisco (CSCO) expanded their long-standing global alliance to Brazil through the Accenture & Cisco Business Group (ACBG)—a joint group dedicated to helping clients leverage business opportunities, reduce costs, and improve productivity.
- The company acquired FusionX, a cybersecurity company that has a fundamentally differentiated approach to cyberattack simulation, threat modeling, cyber investigations, and security risk advisory services.
- The company entered into an agreement to acquire Schlumberger Business Consulting (SBC). It’s the management consulting unit of Schlumberger—a global leader in oilfield services.
- The company acquired EnergyQuote JHA—a London-based energy management and procurement services provider with clients in more than 22 European countries.
- Accenture announced the launch of five advanced analytics applications for the telecommunications industry. It equips users with customized analytics insights that can empower them to make smarter data-driven decisions.
In fiscal 2015, the company reported net revenue of $31,047.931 million—a rise of 3.48% compared to the net revenue of $30,002.394 million in fiscal 2014. The revenue from consulting and outsourcing rose by 2.87% and 4.06% in fiscal 2015. On the basis of region, North America’s revenue rose by 11.03%. For Europe and the Growth Market, the revenue fell by 2.89% and 0.69%, respectively. The net income and EPS rose to $3,053.581 and $4.76 per share in fiscal 2015—a rise of 3.81% and 5.31% on a yearly basis. The current ratio fell to 1.35 in fiscal 2015—compared to the current ratio of 1.45 in fiscal 2014—with the reduction in cash and cash equivalents by 11.39% and a rise in accounts payable by 8.19%. The debt-to-equity ratio fell to 0.50 in fiscal 2015.
For 1Q16, the net revenue has been projected at $7,950.000 million—a rise of 0.78% compared to the net revenue in 4Q15.
Accenture is one of the leading professional services companies. It has capabilities in strategy, consulting, digital, technology, and operations. The company collaborates with clients to help them become high-performance businesses. It also works with governments. It combines unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies.