ACI Worldwide (ACIW) to Release Quarterly Earnings on Thursday

ACI Worldwide (NASDAQ:ACIW) will likely be releasing its earnings data before the market opens on Thursday, February 27th. Analysts expect ACI Worldwide to post earnings of $0.73 per share and revenue of $451.00 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

ACI Worldwide Stock Performance

Shares of NASDAQ:ACIW opened at $50.38 on Tuesday. The business has a fifty day moving average of $52.71 and a 200-day moving average of $51.91. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. ACI Worldwide has a twelve month low of $30.63 and a twelve month high of $59.71. The firm has a market cap of $5.28 billion, a PE ratio of 23.88 and a beta of 1.20.

Insider Activity

In other news, CTO Abraham Kuruvilla sold 5,400 shares of ACI Worldwide stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $55.71, for a total transaction of $300,834.00. Following the completion of the sale, the chief technology officer now owns 81,107 shares in the company, valued at $4,518,470.97. The trade was a 6.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, DA Davidson cut shares of ACI Worldwide from a “buy” rating to a “neutral” rating and raised their price objective for the company from $57.00 to $60.00 in a research report on Friday, November 8th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $49.50.

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.