Accenture Plc Stock Short Ratio
ACN Stock | USD 358.66 2.39 0.66% |
Accenture plc fundamentals help investors to digest information that contributes to Accenture Plc's financial success or failures. It also enables traders to predict the movement of Accenture Stock. The fundamental analysis module provides a way to measure Accenture Plc's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Accenture Plc stock.
Accenture | Short Ratio |
Accenture plc Company Short Ratio Analysis
Accenture Plc's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Accenture Plc Short Ratio | 2.49 X |
Most of Accenture Plc's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Accenture plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Accenture Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Accenture Plc is extremely important. It helps to project a fair market value of Accenture Stock properly, considering its historical fundamentals such as Short Ratio. Since Accenture Plc's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Accenture Plc's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Accenture Plc's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Accenture Price To Sales Ratio
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Based on the latest financial disclosure, Accenture plc has a Short Ratio of 2.49 times. This is 48.66% lower than that of the IT Services sector and 39.56% lower than that of the Information Technology industry. The short ratio for all United States stocks is 37.75% higher than that of the company.
Accenture Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Accenture Plc's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Accenture Plc could also be used in its relative valuation, which is a method of valuing Accenture Plc by comparing valuation metrics of similar companies.Accenture Plc is currently under evaluation in short ratio category among its peers.
Accenture Plc Current Valuation Drivers
We derive many important indicators used in calculating different scores of Accenture Plc from analyzing Accenture Plc's financial statements. These drivers represent accounts that assess Accenture Plc's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Accenture Plc's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 152.7B | 213.6B | 182.5B | 204.2B | 214.7B | 225.4B | |
Enterprise Value | 147.7B | 209.0B | 178.0B | 198.3B | 213.8B | 224.5B |
Accenture Plc ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Accenture Plc's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Accenture Plc's managers, analysts, and investors.Environmental | Governance | Social |
Accenture Plc Institutional Holders
Institutional Holdings refers to the ownership stake in Accenture Plc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Accenture Plc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Accenture Plc's value.Shares | Northern Trust Corp | 2024-09-30 | 6.8 M | Goldman Sachs Group Inc | 2024-06-30 | 6.8 M | Bank Of America Corp | 2024-06-30 | 6.7 M | Wells Fargo & Co | 2024-06-30 | 6.6 M | Legal & General Group Plc | 2024-06-30 | 5.9 M | Norges Bank | 2024-06-30 | 5.7 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 5.5 M | Bank Of New York Mellon Corp | 2024-06-30 | 5.5 M | Charles Schwab Investment Management Inc | 2024-09-30 | 4.8 M | Vanguard Group Inc | 2024-09-30 | 60 M | Blackrock Inc | 2024-06-30 | 49 M |
Accenture Fundamentals
Return On Equity | 0.27 | ||||
Return On Asset | 0.12 | ||||
Profit Margin | 0.11 % | ||||
Operating Margin | 0.15 % | ||||
Current Valuation | 223.22 B | ||||
Shares Outstanding | 624.86 M | ||||
Shares Owned By Insiders | 0.06 % | ||||
Shares Owned By Institutions | 73.00 % | ||||
Number Of Shares Shorted | 5.76 M | ||||
Price To Earning | 27.95 X | ||||
Price To Book | 7.92 X | ||||
Price To Sales | 3.45 X | ||||
Revenue | 64.9 B | ||||
Gross Profit | 20.73 B | ||||
EBITDA | 11.19 B | ||||
Net Income | 7.42 B | ||||
Cash And Equivalents | 9.05 B | ||||
Cash Per Share | 12.53 X | ||||
Total Debt | 4.12 B | ||||
Debt To Equity | 0.15 % | ||||
Current Ratio | 1.23 X | ||||
Book Value Per Share | 45.24 X | ||||
Cash Flow From Operations | 9.13 B | ||||
Short Ratio | 2.49 X | ||||
Earnings Per Share | 11.44 X | ||||
Price To Earnings To Growth | 2.24 X | ||||
Target Price | 380.21 | ||||
Number Of Employees | 774 K | ||||
Beta | 1.25 | ||||
Market Capitalization | 224.11 B | ||||
Total Asset | 55.93 B | ||||
Retained Earnings | 23.08 B | ||||
Working Capital | 1.88 B | ||||
Current Asset | 11.98 B | ||||
Current Liabilities | 8.88 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 1.41 % | ||||
Net Asset | 55.93 B | ||||
Last Dividend Paid | 5.35 |
About Accenture Plc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Accenture plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Accenture Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Accenture plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Accenture Plc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Accenture Plc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Accenture Plc will appreciate offsetting losses from the drop in the long position's value.Moving together with Accenture Stock
Moving against Accenture Stock
The ability to find closely correlated positions to Accenture Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accenture Plc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Accenture Plc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Accenture plc to buy it.
The correlation of Accenture Plc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Accenture Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accenture plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Accenture Plc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Accenture Plc Piotroski F Score and Accenture Plc Altman Z Score analysis. To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Accenture Plc. If investors know Accenture will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Accenture Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.236 | Dividend Share 5.35 | Earnings Share 11.44 | Revenue Per Share 103.363 | Quarterly Revenue Growth 0.026 |
The market value of Accenture plc is measured differently than its book value, which is the value of Accenture that is recorded on the company's balance sheet. Investors also form their own opinion of Accenture Plc's value that differs from its market value or its book value, called intrinsic value, which is Accenture Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Accenture Plc's market value can be influenced by many factors that don't directly affect Accenture Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Accenture Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accenture Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accenture Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.