How to Buy Accenture Stock
Accenture PLC
Accenture is a information technology service company located in Ireland, which is part of the Technology sector, and is traded under the ticker ACN on the NYSE exchange.
Accenture stock last closed at $316.09, up 1.31% from the previous day, and has increased 20.5% in one year. It has overperformed other stocks in the Information Technology Services industry by 0.2 percentage points. Accenture stock is currently +30.19% from its 52-week low of $242.80, and -4.34% from its 52-week high of $330.44.
As of Sep 22, 2023, there are 664.65M shares of ACN outstanding. The market cap of ACN is $210.09B. In the past 24 hours, 1.99M ACN shares were traded.
How to Buy Accenture Stock
Wondering how to invest in Accenture stock? Here's how.
- Figure out where to buy Accenture stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Accenture stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- Research Accenture stock: The Accenture ticker symbol is ACN. Is Accenture stock a good investment? Should you buy shares of ACN? How do ACN's underlying business fundamentals look? Do top analysts think Accenture is a good buy? Why has ACN's stock price moved recently? (Hint: Our stock research website can help you decide if ACN is a good stock to buy).
- Make your ACN buy order: Decide if you will purchase ACN shares at the current market price or use a limit order to purchase ACN shares at a given price.
- Get key alerts regarding your ACN position: Create a watchlist to get the latest news on your new investment in Accenture shares.
Step 1: Figure out where to buy Accenture stock
You need a brokerage account to access the NYSE market and buy ACN shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal info so you are able to invest in ACN today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.
- Input your personal info to create a new brokerage account.
- Submit your data by clicking the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you've created your account on the best stock app to use, you need to deposit funds:
Watch the walkthrough below if you need help transferring money into your new brokerage account.
Step 4: Research Accenture stock
Once you have identified the best place to buy Accenture stock, it's very important to research their stock before you invest, so you can wrap your head around the risk as well as the opportunity.
Accenture Numbers
ACN Zen Score
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on ACN's stock page.
Is ACN stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ACN's true value.
Using relative valuations measures:
- ACN could be undervalued based on its P/E ratio of 27.82x, relative to Information Technology Services industry P/E ratio of 31.02x
- ACN may be overvalued based on its P/B ratio of 8.29x, relative to Information Technology Services industry P/B ratio of 4.17x
- ACN may be overvalued based on its PEG ratio of 2.34x
You can access more valuation analysis on ACN's stock here.
A quick look at ACN Financials
Positive Health Checks:
- Total ACN debt is lower than 5 years ago, relative to shareholder equity.
- ACN's operating cash flow of $9.90B allows it to safely service it's debt of $3.10B.
- ACN profit margin has gone up from 11.1% to 11.3% in the past year.
- ACN earnings of $9.34B is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the ACN balance sheet.
- There are more short-term assets than short-term liabilities on the ACN balance sheet.
Negative Health Checks:
- ACN has a relatively high debt to equity ratio of 0.95.
Is it a good time to buy ACN stock, according to analysts?
Out of 15 Equities analysts who give recommendations on ACN, the consensus analyst rating on Accenture is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest ACN Analyst Forecasts
Arvind Ramnani, a bottom 1% analyst from Piper Sandler maintains ACN with a hold rating and lowers their ACN price target from $314.00 to $312.00, on Sep 22, 2023.
Ashwin Shirvaikar, a top 10% analyst from Citigroup maintains ACN with a strong buy rating and maintains their ACN price target from $358.00 to $358.00, on Sep 18, 2023.
Bryan Bergin, a top 18% analyst from TD Cowen maintains ACN with a hold rating and raises their ACN price target from $300.00 to $312.00, on Sep 12, 2023.
James Faucette, a top 24% analyst from Morgan Stanley maintains ACN with a strong buy rating and raises their ACN price target from $340.00 to $355.00, on Sep 12, 2023.
Ramsey El-Assal, a bottom 1% analyst from Barclays maintains ACN with a strong buy rating and raises their ACN price target from $340.00 to $390.00, on Sep 11, 2023.
You can dive deeper into what analysts are projecting on the Accenture stock forecast page.
ACN Momentum
ACN Performance Metrics
Last year, ACN earnings were $7.16B. Over the last five year, ACN's earnings have gone up by 12.3% per year. This was faster than the Information Technology Services industry average of 6.63%.
Last year, ACN revenue was $63.55B. During the past 5 year, ACN's revenue has increased by 9.95% per year. This was faster than the Information Technology Services industry average of 8.66%.
Learn more about ACN's earnings and revenue performance here.
Are ACN insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at ACN have sold more shares than they have bought.
Melissa A. Burgum, Chief Accounting Officer of ACN, was the latest ACN insider to buy. They bought $18,947.44 worth of ACN shares on Sep 5, 2023.
Get more info about who owns ACN stock here.
Does ACN provide a stable income stream?
Accenture pays a dividend of 1.42%, compared to the Information Technology Services industry's average dividend yield of 2.32%. If you owned $1,000 worth of ACN stock, you would have been paid $14.17 in the past year.
Accenture dividend payments have consistently grown over the past decade but have not remained stable.
Find more info about Accenture dividend yield and history here.
ACN Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your ACN buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, use a limit order.
Press the Open Trade button and eToro will place your order.
If you want more help buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your ACN position
Now that you own some shares in ACN, you'll want to keep up with your new stock purchase.
Make a watchlist to track the most important metrics related to your ACN stock.
ACN Feed
How to Buy Stock in Accenture
To reiterate, here are the 6 steps for buying Accenture stock:
- Figure out where to buy Accenture stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Research Accenture stock
- Make your ACN buy order
- Get key alerts regarding your ACN position
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Accenture, hit the button below to create your watchlist.
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