Accenture

Accenture PLC (ACN) (Q2FY24) – Doubles down on Gen AI with record bookings

Highlights of the report

ACN has achieved a major milestone by announcing their second-highest booking total ever, reaching a staggering $21.6bn with consulting bookings of $10.5bn and managed services bookings of $11.1bn. This is a significant achievement for the company and demonstrates strong performance.

Accenture (ACN) Quarterly Report Q2FY24

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Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide.

Revenues for Q2FY24 were $15.80bn, compared with $15.81bn for Q2FY23 and were flat in both U.S. dollars and local currency growth.

Accenture stock price has increased by 5.45% in the past year. It reached a 52-week high of $387.51 and a 52-week low of $285.18. However, in the past 3 months, the stock price showed a downward trend and experienced a -15.30% return due to market volatility and street expectations.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Report details

Accenture PLC (ACN) (Q2FY24) – Doubles down on Gen AI with record bookings

Price

$296.00

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