Accenture (ACN) closed trading at $257.43, up +2.97% from the previous session, outperforming the S&P 500 and Nasdaq. Shares have depreciated 0.04% in the past month, beating sector and S&P 500 losses. Analysts project earnings of $3.74 per share and revenue of $18.56 billion, with estimates showing positive revisions. The Zacks Rank system rates ACN as a #3 (Hold).

Valuation shows ACN trading at a Forward P/E ratio of 18.15, a premium to the industry average of 16.38. The PEG ratio of 2.37 also indicates overvaluation compared to the industry average of 1.82. The Computers – IT Services industry, part of the Computer and Technology sector, ranks in the top 32% of all industries. Follow these metrics and more on Zacks.com.

Zacks Research Chief selects a top stock with potential to double, targeting millennials and Gen Z, generating almost $1 billion in revenue last quarter. This pick, amidst a recent pullback, could surpass earlier stocks like Nano-X Imaging. Get more information and recommendations from Zacks Investment Research.

Read more at Nasdaq: Accenture (ACN) Rises As Market Takes a Dip: Key Facts