Accenture PLC Class A (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.

Accenture PLC Class A ( ACN) 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 2.8%. By the end of trading, Accenture PLC Class A fell $1.76 (-2.2%) to $78.12 on average volume. Throughout the day, 3,480,810 shares of Accenture PLC Class A exchanged hands as compared to its average daily volume of 3,335,300 shares. The stock ranged in price between $77.66-$80.68 after having opened the day at $80.02 as compared to the previous trading day's close of $79.88. Other companies within the Computer Software & Services industry that declined today were: Mam Software Group ( MAMS), down 10.3%, Netsol Technologies ( NTWK), down 9.0%, FireEye ( FEYE), down 8.9% and Digimarc Corporation ( DMRC), down 8.6%.

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 $51.4 billion and is part of the technology sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are down 1.8% 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 stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Endurance International Group Holdings ( EIGI), up 5.6%, ChyronHego ( CHYR), up 5.0%, Wave Systems Corporation ( WAVX), up 4.5% and Image Sensing Systems ( ISNS), up 4.1%.

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 ( IGV) while those bearish on the computer software & services industry 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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