Shares of ACI Worldwide, Inc. (NASDAQ:ACIW – Get Free Report) have received an average rating of “Buy” from the four analysts that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $39.00.
Several analysts have recently commented on the company. TheStreet raised ACI Worldwide from a “c” rating to a “b-” rating in a research note on Thursday, January 4th. Jefferies Financial Group initiated coverage on ACI Worldwide in a research note on Friday, March 8th. They issued a “buy” rating and a $38.00 price objective for the company. DA Davidson reaffirmed a “buy” rating and set a $39.00 price target on shares of ACI Worldwide in a research report on Thursday, March 14th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $40.00 price target on shares of ACI Worldwide in a research report on Friday, March 15th.
Read Our Latest Report on ACIW
Institutional Trading of ACI Worldwide
ACI Worldwide Stock Up 0.1 %
Shares of NASDAQ:ACIW opened at $31.51 on Friday. The business’s 50 day simple moving average is $31.80 and its two-hundred day simple moving average is $28.43. The firm has a market cap of $3.35 billion, a P/E ratio of 28.39 and a beta of 1.24. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.36 and a current ratio of 1.36. ACI Worldwide has a 52-week low of $19.56 and a 52-week high of $33.83.
ACI Worldwide (NASDAQ:ACIW – Get Free Report) last issued its quarterly earnings data on Thursday, February 29th. The technology company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.10 by $0.17. The firm had revenue of $477.00 million during the quarter, compared to the consensus estimate of $476.43 million. ACI Worldwide had a return on equity of 16.30% and a net margin of 8.37%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.95 earnings per share. As a group, research analysts forecast that ACI Worldwide will post 1.83 EPS for the current fiscal year.
About ACI Worldwide
ACI Worldwide, Inc, a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating digital payments in the United States and internationally. The company operates in three segments: Banks, Merchants, and Billers. The company offers ACI Acquiring, a solution to process credit, debit, and prepaid card transactions, deliver digital innovation, and fraud prevention; ACI Issuing, a digital payment issuing solution for new payment offering; and ACI Enterprise Payments Platform that provides payment processing and orchestration capabilities for digital payments.
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