Why Has Accenture Stock More Than Doubled Since Late 2018?
- Monday, April 18, 2022, 7:16
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Accenture stock price jumped more than 2x from $141 in 2018 end to $326 currently, primarily due to favorable changes in its P/S multiple. Additionally, the company witnessed a steady rise in revenue over this period, and revenue per share has increased, despite a roughly unchanged outstanding…