Yahoo Finance Reasons Why I Like Accenture plc (NYSE:ACN)
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Accenture plc (NYSE:ACN) due to its excellent fundamentals in more than one area. ACN is a highly-regarded dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my high-level commentary, read the full report on Accenture here.
Excellent balance sheet established dividend payer
ACN’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that ACN manages its cash and cost levels well, which is a crucial insight into the health of the company. ACN appears to have made good use of debt, producing operating cash levels of 196.43x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
For those seeking income streams from their portfolio, ACN is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 1.63%.
Next Steps:
For Accenture, there are three relevant aspects you should further research:
Future Outlook: What are well-informed industry analysts predicting for ACN’s future growth? Take a look at our free research report of analyst consensus for ACN’s outlook.
Historical Performance: What has ACN’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ACN? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
