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Yahoo
19 hours ago
- Business
- Yahoo
Do Wall Street Analysts Like Accenture Stock?
Valued at $149.8 billion by market cap, Dublin, Ireland-based Accenture plc (ACN) is a global leader in professional services. Accenture partners with top businesses, governments, and organizations worldwide to enhance their digital foundations, optimize operations, accelerate revenue growth, and improve public services. Accenture has significantly underperformed the broader market over the past year. ACN stock has plunged 24.5% over the past 52 weeks and 32.2% on a YTD basis, compared to the S&P 500 Index's ($SPX) 19.3% gains over the past year and 8.4% returns in 2025. More News from Barchart Tesla Is Axing Its Dojo Supercomputer Plans. What Does That Mean for TSLA Stock Here? Dear CoreWeave Stock Fans, Mark Your Calendars for August 14 Should You Buy the Post-Preliminary Earnings Plunge in Stock? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Narrowing the focus, Accenture has also underperformed the Technology Select Sector SPDR Fund's (XLK) 28.4% gains over the past year and 13.6% surge in 2025. Accenture stock has remained under pressure in recent months. Its stock prices dropped 6.9% in a single trading session following the release of its Q3 results on Jun. 20. The company's topline for the quarter increased by a notable 7.7% year-over-year to $17.7 billion, beating Street estimates by 2.6%. Further, growth in earnings and a drop in outstanding shares due to share buybacks led to an impressive 14.8% growth in EPS to $3.49, surpassing the consensus estimates by 5.8%. Moreover, the company also raised its lower band of full-year revenue growth guidance from the prior range of 5% - 6% to 6% - 7% (in local currency). However, Accenture's new bookings at the end of Q3 stood at $19.7 billion, down 6% year-over-year in USD terms and down 7% in local currency. This dented investor confidence and led to a selloff. For the full fiscal 2025, ending in August, analysts expect ACN to deliver an EPS of $12.88, up 7.8% year-over-year. The company has a mixed earnings surprise history. While it surpassed the Street's bottom-line estimates thrice over the past four quarters, it missed the projections on one other occasion. The stock has a consensus 'Moderate Buy' rating overall. Of the 23 analysts covering the stock, opinions include 15 'Strong Buys,' one 'Moderate Buy,' and seven 'Holds.' This configuration is notably less optimistic than two months ago, when the stock had a consensus 'Strong Buy' rating overall, with 16 'Strong Buy' recommendations on it. On Jul. 17, Evercore ISI Group analyst David Togut initiated ACN's coverage with an 'Outperform' rating and set a price target of $330. ACN's mean price target of $339.61 indicates a 42.3% premium to current price levels, while its Street-high target of $413 suggests a staggering 73.1% upside potential. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
05-08-2025
- Business
- Yahoo
Do Wall Street Analysts Like Procter & Gamble Stock?
With a market cap of $353.5 billion, The Procter & Gamble Company (PG) is a global leader in branded consumer packaged goods with five core segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. P&G serves consumers worldwide through various retail and professional channels. Shares of the Cincinnati, Ohio-based company have lagged behind the broader market over the past 52 weeks. PG stock has dropped 10.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 18.4%. Moreover, shares of P&G are down 10.1% on a YTD basis, compared to SPX's 7.6% return. More News from Barchart Dear Nvidia Stock Fans, Mark Your Calendars for August 27 Options Traders Expected Palantir Stock's Tamest Earnings Reaction in a Year. Did They Get It Right? Tesla Gains on Elon Musk's New Pay Package. Is TSLA Stock a Buy? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Narrowing the focus, shares of the world's largest consumer products maker have underperformed the Consumer Staples Select Sector SPDR Fund's (XLP) 3.7% rise over the past 52 weeks. Despite Procter & Gamble reporting better-than-expected Q4 2025 EPS of $1.48 and revenue of $20.9 billion, shares fell marginally on Jul. 29 due to a disappointing fiscal 2026 outlook. The company forecast annual net sales growth of 1% to 5%, largely below analysts' estimate, and core EPS guidance of $6.83 to $7.09, only narrowly bracketing the estimate. Additionally, rising tariffs with a $1 billion cost impact and cautious consumer behavior weighed on investor sentiment. For the fiscal year ending in June 2026, analysts expect PG's EPS to grow 2.3% year-over-year to $6.99. The company's earnings surprise history is promising. It beat or met the consensus estimates in the last four quarters. Among the 24 analysts covering the stock, the consensus rating is a 'Moderate Buy.' That's based on 11 'Strong Buy' ratings, three 'Moderate Buys,' and 10 'Holds.' On Jul. 31, UBS analyst Peter Grom maintained a 'Buy' rating on Procter & Gamble and set a $180 price target. As of writing, the stock is trading below the mean price target of $173.04. The Street-high price target of $190 implies a potential upside of 25.6% from the current price. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
27-07-2025
- Business
- Yahoo
Magnetic Resources Joins 2 Other ASX Penny Stocks Worth Watching
The Australian market has experienced a mixed performance recently, with significant declines in materials and financials contrasted by gains in the energy sector. Despite these fluctuations, investors continue to seek opportunities beyond the major players, exploring areas like penny stocks for potential growth. While the term "penny stock" might seem outdated, these smaller or newer companies can still offer surprising value when backed by strong financials and stability. Top 10 Penny Stocks In Australia Name Share Price Market Cap Financial Health Rating Alfabs Australia (ASX:AAL) A$0.40 A$114.64M ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$2.14 A$100.95M ★★★★★★ GTN (ASX:GTN) A$0.59 A$112.49M ★★★★★★ IVE Group (ASX:IGL) A$3.00 A$462.55M ★★★★★☆ West African Resources (ASX:WAF) A$2.38 A$2.71B ★★★★★★ Southern Cross Electrical Engineering (ASX:SXE) A$1.78 A$470.65M ★★★★★★ Regal Partners (ASX:RPL) A$2.90 A$975.05M ★★★★★★ Navigator Global Investments (ASX:NGI) A$1.815 A$889.49M ★★★★★☆ Austco Healthcare (ASX:AHC) A$0.38 A$138.44M ★★★★★★ CTI Logistics (ASX:CLX) A$1.86 A$149.81M ★★★★☆☆ Click here to see the full list of 464 stocks from our ASX Penny Stocks screener. Here's a peek at a few of the choices from the screener. Magnetic Resources Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Magnetic Resources NL is involved in the exploration of mineral tenements in Western Australia and has a market cap of A$411.91 million. Operations: Currently, there are no reported revenue segments for the company. Market Cap: A$411.91M Magnetic Resources NL, with a market cap of A$411.91 million, is currently pre-revenue and unprofitable, lacking significant revenue streams. The company has less than a year of cash runway based on its current free cash flow and no long-term liabilities or debt. Its short-term assets significantly surpass short-term liabilities, indicating sound financial management despite its challenges. Recent board changes include the appointment of Aaron Sim as an alternate director, bringing extensive financial advisory experience to the table. Earnings are forecast to grow significantly annually; however, past losses have increased over five years at 18.8% per year. Take a closer look at Magnetic Resources' potential here in our financial health report. Learn about Magnetic Resources' future growth trajectory here. NextEd Group Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: NextEd Group Limited offers educational services across Australia, Europe, and South America with a market cap of A$51.09 million. Operations: NextEd Group's revenue is primarily derived from its International Vocational segment at A$73.79 million, followed by Technology & Design at A$11.29 million, Domestic Vocational at A$9.22 million, and Go Study Group contributing A$6.16 million. Market Cap: A$51.09M NextEd Group Limited, with a market cap of A$51.09 million, primarily generates revenue from its International Vocational segment. Despite being unprofitable and not expected to achieve profitability in the next three years, it benefits from a strong cash runway exceeding three years due to positive free cash flow growth. The company is debt-free but faces challenges with short-term assets not covering liabilities. Recent leadership changes include appointing Andrew Nye as Chief Financial Officer, bringing extensive financial management expertise. Although NextEd trades at good value compared to peers, losses have increased significantly over the past five years. Dive into the specifics of NextEd Group here with our thorough balance sheet health report. Examine NextEd Group's earnings growth report to understand how analysts expect it to perform. Perenti Simply Wall St Financial Health Rating: ★★★★★★ Overview: Perenti Limited is a global mining services company with a market capitalization of A$1.64 billion. Operations: Perenti's revenue is primarily derived from Contract Mining Services at A$2.50 billion, followed by Drilling Services at A$750.65 million, and Mining Services and Idoba contributing A$229.77 million. Market Cap: A$1.64B Perenti Limited, with a market cap of A$1.64 billion, primarily derives revenue from Contract Mining Services (A$2.50 billion). Despite negative earnings growth over the past year and lower profit margins (2.5% compared to last year's 3.9%), the company is trading at a significant discount to its estimated fair value. Perenti's debt management has improved, with a reduced debt-to-equity ratio now at 45.5%, and its short-term assets exceed both short- and long-term liabilities, indicating solid financial footing. Earnings are forecasted to grow annually by 24.84%, supported by high-quality past earnings performance and stable weekly volatility (5%). Get an in-depth perspective on Perenti's performance by reading our balance sheet health report here. Evaluate Perenti's prospects by accessing our earnings growth report. Summing It All Up Jump into our full catalog of 464 ASX Penny Stocks here. Ready To Venture Into Other Investment Styles? AI is about to change healthcare. These 26 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:MAU ASX:NXD and ASX:PRN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. 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