Accenture PLC $ 229.7 1.56 (0.68%)
Accenture PLC News and Headlines -
The fund operates under Smead Capital Management. Its contrarian investing strategy is based on large-cap stocks that meet the following criteria: serve an economic need, have a strong competitive advantage, have a long history of profitability and strong operating metrics, generate high levels of free chase flow, are undervalued, have a strong balance sheet, show insider ownership and have a history of friendly relations between management and shareholders. The fund is managed by lead
Shares of Ireland-based information technology services company Accenture PLC (ACN) are down more than 10% since Sept. 23. The professional services provider reported its most recent quarterly results on Sept. 24, which triggered a sharp decline in the stock price. However, as we see in the chart below, the stock is still overvalued according to the Peter Lynch earnings line.
The plunge was attributed to the weaker than expected earnings and revenue guidance for the next quarter and fiscal year 2021. The company also missed revenue and earnings expectations for the quarter.
Dividend growth investors rely on dividend increases in order to generate more income. This article will look at three stocks with a market capitalization of at least $100 billion that recently raised their dividends.
Accenture plc (ACN) provides professional services, such as consulting, technology and outsourcing, to clients in a range of industries. Clients include those in the banking, media, healthcare and travel sectors, among others. Accenture is headquartered in Dublin, Ireland and is currently valued at nearly $137 billion.
Last week, Accenture announced a dividend increase of 10% for the Nov. 13 payment date. The ex-dividend date
Shares of CarMax Inc. (KMX) fell more than 12% on Thursday after releasing its second-quarter results. Revenue of $5.37 billion, which grew 3.3% year over year, exceeded analysts' expectations by $290 million. Earnings per share were $1.79, beating estimates by 73 cents.
President and CEO Bill Nash, had the following to say:
"We are very pleased to report record revenues and profitability this quarter. The talent and commitment of our associates as well as the diversity of our business model allowed us to capitalize on the improved market environment to deliver a record quarter."
The gross profit
According to the GuruFocus All-in-One Screener, a Premium feature, the stocks of the following guru-owned tech companies have outperformed the S&P 500 Index over the past 12 months through Sept. 18.
NVIDIA Corp. (NVDA) has a market cap of $320.99 billion. It has outperformed the S&P 500 by 172.66% over the past year.
Shares are trading with a price-earnings ratio 95.52. As of Friday, the share price was 206% above the 52-week low and 11% below the 52-week high.
The company, which designs graphics processing units, has a GuruFocus profitability rating of 10 out of 10. The
According to Business Insider's India division, Accenture PLC (ACN) plans to lay off 25,000 employees. That would affect about 5% of the Dublin-based multinational technology consulting company's 500,000 employees.
While there has been no mention of it on Accenture's website, CEO Julie Sweet was quoted by NDTV (New Delhi TV) as saying:
"In a normal year, we transition out about 5 per cent and we hire to replace them, because we are in a demand scenario. Right now, we're not in a demand scenario, so if we manage out the same percentage of people and don't replace them, it
As we have noted multiple times in the past, one thing that we at Urbem particularly enjoy is to dig out lesser-known, high-quality gems from every corner of the stock market. As Peter Lynch once put it, those who "turn over the most rocks wins the game" when it comes to investing.
We recently came across Bouvet ASA (OSL:BOUVET), which intrigued us at first glance. The Norway-based company operates an easy-to-understand, asset-light consulting business model, with a laser concentration on the field of information technology and digital communication in the Scandinavian market. With a mere 5.7 billion Norwegian Kroner ($630
According to the GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.
AMETEK Inc. reached the 52-week high of $101.28
AMETEK Inc. (AME) is a diversified industrial conglomerate. The firm operates through two segments: electronic instruments, or EIG, and electromechanical, or EMG. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals and electrical interconnects, among other products. About half of the firm's sales are made in the United
Shareholders of Accenture PLC (ACN), NextEra Energy Inc (NEE) and Linde PLC (LIN) have seen their holdings return higher percentages than the S&P 500 index in recent years. The benchmark for the U.S. market returned 14.2% over the past year, 36.6% over the past three years and 59.4% over the past five years through Aug. 11.
Shares of Accenture PLC have returned 18.5% over the past year, 76% over the past three years and 121% over the past five years through Aug. 11, beating the S&P 500 by 4.3%, 31.2% and 61.6%, respectively.
The Irish global professional
In June 2020, CACI International Inc (CACI) won what may be its biggest contract ever: a $1.5 billion deal with the National Geospatial-Intelligence Agency (an arm of the U.S. Department of Defense) to supply its enterprise information technology, transport and cybersecurity services.
On July 27, it won another significant contract with the U.S. Air Force “to help U.S. forces integrate operations across all domains and against any adversary.” The contract, for which no dollar amount was provided, covers the domains of air, land, sea, space, cyber and electromagnetic spectrum. The goal is to help the Air Force develop its new
According to GuruFocus, these stocks have reached their 52-week highs.
Logitech International SA reached the 52-week high of $67.03
Logitech International SA (LOGI) is a Switzerland-based provider of personal computer and mobile accessories for navigation, video communication and collaboration, smart home and other applications. Its product portfolio includes mice, keyboards, charging stands, tablet cases, car mounts for mobile devices, remotes, home cameras, home switches, controllers, Bluetooth speakers, surround sound, webcams and conference cameras. The firm generates revenue in the Americas, Europe, the Middle East, Africa and Asia-Pacific regions.
The price of Logitech International
Accenture PLC (ACN) is a name that I have followed for some time, but have never owned. The stock gapped higher by almost 8% Thursday following earnings results. Is the stock a buy following earnings? Let’s find out.
Company back ground and recent earnings results
Accenture is a professional services company that provides technology, consulting and outsourcing services. It provides solutions to a wide variety of businesses, including banks, media and communications, retail, travel and public services. Ninety-five of the company’s 100 largest clients have been with Accenture for at least 10 years. The company has five business components: Products,
U.S. stocks were in the red on Thursday amid another 1.48 million Americans filing for unemployment benefits. The Dow Jones Industrial Average fell 0.21% to 25,394, the S&P 500 index lost 0.23% to trade at 3,043 and the Nasdaq Composite Index was down 0.06% to 9,903.
• Accenture plc (ACN) +5.5%
• National Oilwell Varco, Inc. (NOV) +4.3%
• Ameriprise Financial, Inc. (AMP) +3.9%
• Ross Stores, Inc. (ROST) -5%
• ViacomCBS Inc. (VIAC) -4%
• Wynn Resorts, Limited (WYNN) -4.7%
• PulteGroup, Inc. (PHM) -4.5%
The main European stock markets traded
In a move to help fulfill a $5 billion internet of things commitment made in 2018, Microsoft Corp. (MSFT) announced on June 22 it is acquiring cybersecurity startup CyberX Inc., which specializes in internet-connected industrial equipment, to “accelerate and secure customers’ IoT deployments.”
While the specifics of the deal were not disclosed, the Redmond, Washington-based software giant will gain additional technology for monitoring corporate hardware like alarms, cameras, phones and industrial control systems for security vulnerabilities.
In a blog post, Microsoft corporate vice presidents Michal Braverman-Blumenstyk and Sam George wrote the Waltham, Massachusetts-based startup’s technology will “complement” the existing
“In its most basic form, we would call our new holding, CDW, a participant in and enabler of many of the fastest-growing areas of technology, but with a uniquely profitable and sustainable business model at an attractive valuation. CDW was originally incorporated in 1984 as MPK Computing. The Company later became Computer Discount Warehouse and then simply CDW.”
What is that “uniquely profitable and sustainable business model,” and what
According to the GuruFocus All-In-One Screener, a Premium feature, the following companies were trading with low price-sales ratios as of Feb. 6.
Accenture PLC (ACN) was trading around $174.56 per share with a price-sales ratio of 2.5 and a price-earnings ratio of 22.6.
The IT services provider has a market cap of $111 billion. The stock has risen at an annualized rate of 16.55% over the past decade.
The discounted cash flow calculator gives the company a fair value of $117, suggesting it is overpriced by 49%, while the Peter Lynch value
A program-driven quantitative model can assist investors with two things that it can do more efficiently than humans – to screen for stock ideas and to backtest a strategy. This is why we, as quality-centric investors, developed our proprietary model to assess and quantify the business quality of individual stocks. Each stock is assigned a rank called the “Urbem Quality Score.” The higher the score, the better the quality. Additionally, we hope to prove alpha generation out of our quality investing strategy through backtesting.
Using tools like Portfolio123, we built the algorithm to generate Urbem Quality Scores mainly based on
Kansas-based NIC Inc. (EGOV) is an American technology firm that enables governments to provide digital services to businesses and citizens, therefore enhancing efficiency and user experience. The company generates the majority of its sales from its primary outsourced portal businesses, which are mostly based on a transaction-based model (95% of FY2018 sales). In such a model, the company typically absorbs development costs but charges transaction commissions whenever end-users enjoy the online government services it builds. Thus, whenever you renew your vehicle registration, file tax returns or purchase national park tickets online, you contribute to this reliable small-ticket cash
Johnson & Johnson
The fund closed its Johnson & Johnson (JNJ) stake. The portfolio was impacted by -1.76%.
The health care company has a market cap of $345.3 billion and an enterprise value of $356.57 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 23.4% and return on assets of 9.2% are outperforming 78% of companies in the
Shares of Accenture Plc (ACN) declined 1.5% to $188 in pre-market trading on Thursday despite beating consensus estimates on GAAP earnings for the fourth quarter of fiscal 2019 by 2 cents.
The Irish global professional services company posted $1.74 per diluted share, reflecting 10% growth from the year-ago quarter. Revenue came in at $11.06 billion, up 5.3% in U.S. dollars, in line with expectations.
By segment (percent change in U.S. dollars), Communications, Media and Technology rose 4% to $2.22 billion in revenue; Financial Services went up 2% to $2.12 billion; and Health and Public Service increased 7% to $1.88 billion.