ACI Worldwide (ACIW) Expected to Announce Earnings on Thursday

ACI Worldwide (NASDAQ:ACIW) is projected to release 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. Parties interested in registering for the company’s conference call can do so using this link.

ACI Worldwide Price Performance

Shares of ACIW opened at $50.38 on Tuesday. The stock has a market cap of $5.28 billion, a P/E ratio of 23.88 and a beta of 1.20. ACI Worldwide has a 1 year low of $30.63 and a 1 year high of $59.71. The stock’s 50-day moving average price is $52.71 and its two-hundred day moving average price is $51.91. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72.

Insider Buying and Selling at ACI Worldwide

In other ACI Worldwide 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 value of $300,834.00. Following the transaction, the chief technology officer now owns 81,107 shares of the company’s stock, valued at approximately $4,518,470.97. The trade was a 6.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

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