Dec 20, 2024
 in 
Hot Stocks 🔥

Accenture plc up 7.06% After Q1 Earnings Report | Nemo

Name of opportunity: 👀

Accenture plc

Successful earnings report 🎉

Accenture plc has seen a price surge over the past day, attracting investors after a positive Q1 earnings report. Analysts are currently calling this stock a ‘buy’. 

Accenture plc is classified as a growth stock, which means it reinvests its profits for business growth, despite offering a dividend yield of 1.42% to shareholders. This means that If you invested $1000, you might be paid $14.20 a year in dividends (based on the last 12 months).

How hot is this investment opportunity? 🔥🔥🔥

Analysts predict the price of Accenture plc might increase from $372.16 to $384.71 in the next 12 months. If you invested $1000, you might profit $33.73.

Accenture plc’s Q1 earnings report for the fiscal year 2025 came out strong, which might be why the stock has shot up in price. Typically after a strong earnings report, a company's stock price tends to rise as investors are keen to buy in. For Accenture plc, this seems to be the case!

Accenture plc revenues were reported to be $17.7 billion, which is an increase of 9% in U.S. dollars compared to Q1 of the last fiscal year, and also an increase of 8% in local currency.  It’s been reported that the consulting company has surpassed estimates, which usually bodes well for the stock price.

The consultancy firm is also a fortune global 500 company - making it all the more promising for investors especially beginners who might be looking for a stable, large cap company to invest in.

Female lead consulting company 🙌

Accenture plc is a global professional services company that originated in the United States but is currently headquartered in Dublin, Ireland. The company specialises in information technology services and consulting services. 

Which neme?: 🔍

Female Leaders

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Han Tan

Han Tan is a seasoned financial journalist and news presenter renowned for his expertise in global markets. With a career highlighted by interviews with prominent figures and recognition from major media outlets like CNN and Reuters, he delivers insightful analysis on market news and macroeconomic trends to clients and international audiences. Han's sharp commentary on currencies, stocks, and commodities is familiar to viewers of Bloomberg TV Malaysia, BFM 89.9, and NTV7, cementing his sterling reputation in the industry.