Accenture (ACN) Outpaces Stock Market Gains: What You Should Know

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Accenture (ACN) Outpaces Stock Market Gains: What You Should Know

In the latest close session, Accenture (ACN) was up +1.37% at $179.22. This move outpaced the S&P 500's daily gain of 1.08%. Elsewhere, the Dow gained 1.31%, while the tech-heavy Nasdaq added 1.55%.

Heading into today, shares of the consulting company had lost 9.06% over the past month, lagging the Computer and Technology sector's gain of 8.37% and the S&P 500's gain of 3.34%.

The upcoming earnings release of Accenture will be of great interest to investors. The company's earnings report is expected on June 18, 2026. The company is forecasted to report an EPS of $3.68, showcasing a 5.44% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $18.73 billion, indicating a 5.68% growth compared to the corresponding quarter of the prior year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $13.87 per share and revenue of $74.11 billion. These totals would mark changes of +7.27% and +6.37%, respectively, from last year.

Any recent changes to analyst estimates for Accenture should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Accenture is carrying a Zacks Rank of #2 (Buy).

In the context of valuation, Accenture is at present trading with a Forward P/E ratio of 12.75. For comparison, its industry has an average Forward P/E of 12.98, which means Accenture is trading at a discount to the group.

Investors should also note that ACN has a PEG ratio of 1.68 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Computers - IT Services industry stood at 1.03 at the close of the market yesterday.

The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 138, putting it in the bottom 44% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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This article originally published on Zacks Investment Research (zacks.com).

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