Accenture PLC Class A (ACN): Today's Featured Technology Laggard

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Accenture PLC Class A ( ACN) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day down 0.2%. By the end of trading, Accenture PLC Class A fell $0.85 (-1.0%) to $80.55 on light volume. Throughout the day, 1,910,285 shares of Accenture PLC Class A exchanged hands as compared to its average daily volume of 3,247,400 shares. The stock ranged in price between $80.44-$81.50 after having opened the day at $81.33 as compared to the previous trading day's close of $81.40. Other companies within the Technology sector that declined today were: Professional Diversity Network ( IPDN), down 27.2%, Brightcove ( BCOV), down 20.4%, Net Element ( NETE), down 10.7% and Intermolecular ( IMI), down 10.2%.

Accenture plc provides management consulting, technology, and business process outsourcing (BPO) services worldwide. The company operates through Communications, Media & Technology; Financial Services; Health & Public Service; Products; and Resources segments. Accenture PLC Class A has a market cap of $51.7 billion and is part of the computer software & services industry. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7. Shares are down 1.0% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Accenture PLC Class A a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Accenture PLC Class A as a buy. 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, notable return on equity, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Superconductor Technologies ( SCON), up 38.7%, Altair Nanotechnologies ( ALTI), up 21.4%, Taomee Holdings ( TAOM), up 18.3% and Identive Group ( INVE), up 17.1% , were all gainers within the technology sector with Google ( GOOG) being today's featured technology sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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