Stock Update (NYSE:ACN): Accenture Interactive Named World’s Biggest and Fastest-Growing Digital Agency Network by Advertising Age in Annual Agency Report

[Business Wire] – Ad Age has named Accenture Interactive, part of Accenture Digital, the largest – and fastest growing – digital agency network in the US and worldwide in its Agency Report for 2016, released today. Read more on this. Accenture plc (ACN) , valued at $71.26B, started trading this morning at $112.90. A quick look at the market, the company’s stock traded between $112.31 and $114.70 with a one year range of $88.43 to $116.52. Accenture (ACN) shares are currently priced at 21.23x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.35x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.20 per share annually in dividends, yielding 1.95%. Consensus earnings for the current quarter by the 23 sell-side analysts covering the stock is an estimate of $1.41 per share, which would be $0.11 better than the year-ago quarter and a $0.01 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.32 would be a $0.50 improvement 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 $8.30 Billion. If realized, that would be a 6.82% 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 $118.38, which is 4.85% above where the stock opened this morning. See more in (NYSE:ACN) Similar Articles: Stock Update: Accenture plc (NYSE:ACN) – Accenture Survey Finds Evolving Role of Digital is Reshaping Sales Organizations in the Quest for the Ultimate Customer Experience Company Update: Accenture plc (NYSE:ACN) – Compliance Function Pressured by Growing Business Demands, Regulatory Complexity and Lagging IT Architecture, According to Accenture Report Stock Update (NYSE:ACN): Accenture Interactive Named a Leader among Digital Experience Service Providers by Independent Research Firm