Accenture PLC (ACN): Today's Featured Computer Software & Services Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day down 2.2%. By the end of trading, Accenture fell $1.43 (-1.9%) to $72.30 on average volume. Throughout the day, 2,689,774 shares of Accenture exchanged hands as compared to its average daily volume of 3,494,800 shares. The stock ranged in price between $72.11-$73.23 after having opened the day at $72.92 as compared to the previous trading day's close of $73.73. Other companies within the Computer Software & Services industry that declined today were:
(
), down 9.1%,
XRS
(
XRSC
), down 7.0%,
(
), down 7.0% and
(
), down 6.9%.
Accenture plc provides management consulting, technology, and business process outsourcing services worldwide. Accenture has a market cap of $47.7 billion and is part of the technology sector. Shares are up 11.3% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Accenture a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Accenture
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Accenture Ratings Report.
On the positive front,
Daegis
(
DAEG
), up 9.7%,
(
), up 4.7%,
(
), up 4.2% and
(
), up 3.4%.
- Use our computer software & services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider
iShares S&P NA Tech Software Idx
(
) while those bearish on the computer software & services industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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