ACI Worldwide, Inc. (ACIW) Scheduled to Post Quarterly Earnings on Wednesday
ACI Worldwide, Inc. (NASDAQ:ACIW) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, July 26th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter.
ACI Worldwide (NASDAQ:ACIW) last released its quarterly earnings results on Thursday, May 4th. The technology company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.11. The company had revenue of $231.50 million for the quarter, compared to the consensus estimate of $217.24 million. ACI Worldwide had a net margin of 3.80% and a return on equity of 7.34%. ACI Worldwide’s revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.01) EPS. On average, analysts expect ACI Worldwide to post $0.47 EPS for the current fiscal year and $0.58 EPS for the next fiscal year.
ACI Worldwide, Inc. (ACIW) opened at 23.77 on Wednesday. The firm has a market cap of $2.81 billion, a PE ratio of 71.81 and a beta of 1.31. The stock has a 50 day moving average of $22.87 and a 200 day moving average of $21.47. ACI Worldwide, Inc. has a 52 week low of $15.11 and a 52 week high of $24.03.
A number of research firms recently issued reports on ACIW. BidaskClub raised ACI Worldwide from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. Zacks Investment Research raised shares of ACI Worldwide from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research note on Tuesday, May 2nd. TheStreet downgraded ACI Worldwide from a “b” rating to a “c+” rating in a report on Friday, May 5th. Finally, ValuEngine raised ACI Worldwide from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $24.33.
ACI Worldwide Company Profile
ACI Worldwide, Inc develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Company also distributes or acts as a sales agent for software developed by third parties. Its products and services are used principally by financial institutions, retailers, billers and electronic payment processors, both in domestic and international markets.
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