Accenture (NYSE:ACN)- Frontline Active Stocks in Broker Choice: Barnes & Noble, Inc. (NYSE:BKS)

Accenture plc (NYSE:ACN) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.09% to close at $114.89 with the total traded volume of 959115 shares. Accenture (ACN) and Blue Prism are working together to provide RPA solutions to help organizations across industries automate a wide range of business processes for reduced costs, improved compliance and surged productivity. The Carnival SVP, Global Experience & Innovation Design and Technology, Michael Jungen said, “Carnival is transforming how guests enjoy their cruise vacations by anticipating a guest’s needs, wants and desires throughout their journey and acting on them. “Leveraging Accenture’s experience and expertise in developing innovative technologies will enable us to empower our crew members to provide Carnival guests with a more personalized and enjoyable experience.” The firm has institutional ownership of 79.50%, while insider ownership included 0.20%. Its price to sales ratio ended at 2.11. ACN attains analyst recommendation of 2.30 with week’s performance of -1.39%.

Barnes & Noble, Inc. (NYSE:BKS) [Trend Analysis] moved up reacts as active mover, shares an advance 0.47% to trade at $10.70 and the percentage gap between open changing to regular change was 0.94%. Barnes & Noble, Inc. (BKS) revealed that comparable store sales reduced 9.1% for the nine-week’s holiday period ending December 31, 2016. Online sales surged approximately 2% for the holiday period.

The company said the decrease in sales was largely due to lower traffic, as well as the decline in coloring books and artist supplies – a reversal of last year’s phenomenon – and the comparison to last year’s best-selling album by Adele – which combined accounted for approximately one third of the sales decline.

In spite of the holiday sales shortfall, Barnes & Noble is still expected to exceed last year’s operating profit owing to strong expense management. The company said, based on the holiday sales results, consolidated EBITDA is now expected to be at the low end of the previously issued range, as the sales decline has been somewhat mitigated by expense reductions. The firm’s current ratio calculated as 1.00 for the most recent quarter. The firm past twelve months price to sales ratio was 0.20 and price to cash ratio remained 70.03. As far as the returns are concern, the return on equity was recorded as 2.10% and return on investment was 3.60% while its return on asset stayed at 0.60%. The firm has total debt to equity ratio measured as 0.36.

 

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