Analysts See $1.66 EPS for Accenture plc (ACN); Abraxas Petroleum (AXAS)’s Sentiment Is 1.7

December 12, 2017 - By Winifred Garcia

Analysts expect Accenture plc (NYSE:ACN) to report $1.66 EPS on December, 20.They anticipate $0.08 EPS change or 5.06% from last quarter’s $1.58 EPS. ACN’s profit would be $1.02B giving it 22.69 P/E if the $1.66 EPS is correct. After having $1.48 EPS previously, Accenture plc’s analysts see 12.16% EPS growth. The stock increased 0.11% or $0.16 during the last trading session, reaching $150.69. About 1.98 million shares traded or 0.06% up from the average. Accenture plc (NYSE:ACN) has risen 4.27% since December 12, 2016 and is uptrending. It has underperformed by 12.43% the S&P500.

Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of gas and oil properties in the United States. The company has market cap of $345.24 million. The firm operates gas and oil assets in the Permian/Delaware Basin, the Rocky Mountain, and South Texas regions. It has a 23.33 P/E ratio. As of December 31, 2016, its estimated net proved reserves were 44.7 million barrels of oil equivalent.

The stock increased 0.48% or $0.01 during the last trading session, reaching $2.1. About 597,425 shares traded. Abraxas Petroleum Corporation (AXAS) has risen 39.85% since December 12, 2016 and is uptrending. It has outperformed by 23.15% the S&P500.

Blb&B Advisors Llc holds 0.57% of its portfolio in Abraxas Petroleum Corporation for 1.65 million shares. Lyon Street Capital Llc owns 680,609 shares or 0.44% of their US portfolio. Moreover, Thomson Horstmann & Bryant Inc has 0.41% invested in the company for 1.98 million shares. The Wisconsin-based Cortina Asset Management Llc has invested 0.16% in the stock. Argent Capital Management Llc, a Missouri-based fund reported 1.38 million shares.

Ratings analysis reveals 100% of Abraxas Petroleum’s analysts are positive. Out of 2 Wall Street analysts rating Abraxas Petroleum, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $3.0 while the high is $3.5. The stock’s average target of $3.25 is 54.76% above today’s ($2.1) share price. AXAS was included in 2 notes of analysts from October 21, 2016. The company was upgraded on Friday, January 20 by Stifel Nicolaus. The firm has “Buy” rating by Rodman & Renshaw given on Friday, October 21.

Analysts await Abraxas Petroleum Corporation (NASDAQ:AXAS) to report earnings on March, 13. They expect $0.05 earnings per share, up 400.00% or $0.04 from last year’s $0.01 per share. AXAS’s profit will be $8.22 million for 10.50 P/E if the $0.05 EPS becomes a reality. After $0.04 actual earnings per share reported by Abraxas Petroleum Corporation for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

Among 26 analysts covering Accenture Plc (NYSE:ACN), 14 have Buy rating, 1 Sell and 11 Hold. Therefore 54% are positive. Accenture Plc has $165 highest and $11 lowest target. $129.96’s average target is -13.76% below currents $150.69 stock price. Accenture Plc had 72 analyst reports since August 12, 2015 according to SRatingsIntel. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, September 22 report. BMO Capital Markets maintained it with “Hold” rating and $123 target in Friday, March 24 report. The firm earned “Outperform” rating on Friday, February 19 by Cowen & Co. The stock of Accenture plc (NYSE:ACN) earned “Overweight” rating by Pacific Crest on Tuesday, July 12. The firm has “Buy” rating given on Thursday, September 7 by Stifel Nicolaus. Credit Suisse maintained Accenture plc (NYSE:ACN) rating on Monday, March 27. Credit Suisse has “Hold” rating and $124 target. The stock has “” rating by Deutsche Bank on Monday, March 27. Robert W. Baird maintained Accenture plc (NYSE:ACN) on Thursday, September 21 with “Hold” rating. The rating was maintained by KeyBanc Capital Markets on Thursday, September 28 with “Buy”. The rating was maintained by Wells Fargo with “Outperform” on Friday, September 29.

Investors sentiment decreased to 1 in Q2 2017. Its down 0.05, from 1.05 in 2017Q1. It dropped, as 49 investors sold Accenture plc shares while 348 reduced holdings. 82 funds opened positions while 334 raised stakes. 466.45 million shares or 0.50% more from 464.13 million shares in 2017Q1 were reported. 6,163 are owned by Zeke Advisors Ltd Limited Liability Company. Retail Bank Of Nova Scotia owns 139,929 shares or 0.09% of their US portfolio. Nippon Life Glob Investors Americas accumulated 0.62% or 58,070 shares. New York-based Barrett Asset Ltd Llc has invested 2.31% in Accenture plc (NYSE:ACN). Northwest Inv Counselors Limited Liability Co has invested 1.07% of its portfolio in Accenture plc (NYSE:ACN). Northstar Inv Lc holds 0.05% or 2,100 shares. Jpmorgan Chase & holds 0.46% or 16.16M shares. Provident Invest invested in 3,300 shares or 0.07% of the stock. Highstreet Asset Mngmt Incorporated owns 5,548 shares. Twin Cap has 118,620 shares. Riverhead Capital Llc reported 76,479 shares or 0.47% of all its holdings. Moreover, Peak Asset Management Ltd Llc has 0.09% invested in Accenture plc (NYSE:ACN). Thomaspartners Inc invested in 1.71% or 1.61M shares. First Houston Incorporated owns 2.98% invested in Accenture plc (NYSE:ACN) for 24,050 shares. Beaumont Fincl Prtn Ltd Liability Company reported 2,423 shares.

Accenture plc provides consulting, technology, and outsourcing services worldwide. The company has market cap of $92.63 billion. The Company’s Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, and enhance business results through industry-specific solutions; and serves clients in communications, electronics, high technology, media, and entertainment industries. It has a 27.69 P/E ratio. The companyÂ’s Financial Services segment offers services that help clients enhance cost efficiency, grow their customer base, manage risk, and transform their operations; and serves clients in banking, capital markets, and insurance industries.