10H·

Accenture: Good dividend and value

$ACN (+1.92%) Hi everyone! $ACN (+1.92%) has a solid dividend history, I see it as a solid giant in the IT and consulting sector with strong cash flows, and historical valuation right now. Is it a good long-term hold or are you staying away? Let me know your thoughts!

3 Comments

STFU Capital 闭嘴@STFUCapital

10H

I was not very aware of their financial situation to be honest. I checked their revenue and other financial data, it looks strong!

Looking at the chart right now, if you strongly believe in the company, it looks like that now is a very good entry/reinforcement point 👀

Do you have any explanation on why it’s down 55% over the past year though?

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Catpitalist@Catpitalist

10H

@STFUCapital The 19% drop after the June earnings call showed that enterprise IT spending is slowing down , and guidance was cut to just 3-4%.Plus, there's a huge debate right now: is generative AI a massive growth driver for their future, or does it threaten their traditional billable-hours model? Personally, I think the valuation is starting to look interesting after a 55% drop, with 5% dividend yield and 50 % pay out ratio. It has solid partners and its the bootle neck of AI implementanion, companys need help for its implementation.

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edumarbar@emppsb

It's getting really hard to ignore… it's not the kind of stock I usually have on my watchlist, but at this valuation, I'm starting to consider it

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