Accenture (ACN) Stock Sinks As Market Gains: What You Should Know

Accenture (ACN) closed at $260.50, down 1.76% on the trading day, underperforming the S&P 500's 0.32% gain. Despite a strong 27.26% monthly gain, the stock trades at a premium valuation with a Forward P/E of 18.06 versus the industry average of 15.25. The company holds a Zacks Rank #3 (Hold) rating with expected quarterly EPS of $3.9 and annual revenue guidance of $77.33 billion.