Brokerages expect ACI Worldwide, Inc. (NASDAQ:ACIW) to post earnings per share of ($0.09) for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for ACI Worldwide’s earnings. The highest EPS estimate is ($0.06) and the lowest is ($0.12). ACI Worldwide posted earnings per share of ($0.10) during the same quarter last year, which indicates a positive year-over-year growth rate of 10%. The company is scheduled to report its next earnings report before the market opens on Thursday, July 27th.

On average, analysts expect that ACI Worldwide will report full-year earnings of $0.47 per share for the current financial year, with EPS estimates ranging from $0.44 to $0.53. For the next fiscal year, analysts anticipate that the business will report earnings of $0.57 per share, with EPS estimates ranging from $0.51 to $0.61. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that that provide coverage for ACI Worldwide.

ACI Worldwide (NASDAQ:ACIW) last posted its quarterly earnings data on Thursday, May 4th. The technology company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.09) by $0.11. The firm had revenue of $231.50 million during the quarter, compared to analyst estimates 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 quarter in the previous year, the business posted ($0.01) EPS.

A number of brokerages recently issued reports on ACIW. BidaskClub downgraded shares of ACI Worldwide from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. ValuEngine upgraded shares of ACI Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 31st. Finally, TheStreet downgraded shares of ACI Worldwide from a “b” rating to a “c+” rating in a research note on Friday, May 5th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. ACI Worldwide presently has a consensus rating of “Buy” and a consensus target price of $24.33.

Hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP bought a new stake in ACI Worldwide during the first quarter worth $170,000. LS Investment Advisors LLC boosted its stake in ACI Worldwide by 1.2% in the first quarter. LS Investment Advisors LLC now owns 8,019 shares of the technology company’s stock worth $172,000 after buying an additional 93 shares during the last quarter. Strs Ohio boosted its stake in ACI Worldwide by 113.2% in the first quarter. Strs Ohio now owns 8,100 shares of the technology company’s stock worth $173,000 after buying an additional 4,300 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in ACI Worldwide during the first quarter worth $204,000. Finally, Trexquant Investment LP bought a new stake in ACI Worldwide during the first quarter worth $208,000.

ACI Worldwide (NASDAQ ACIW) traded up 0.41% on Monday, hitting $24.26. 305,550 shares of the company traded hands. ACI Worldwide has a 12 month low of $15.11 and a 12 month high of $24.32. The firm has a market capitalization of $2.86 billion, a P/E ratio of 73.29 and a beta of 1.31. The stock’s 50-day moving average is $22.99 and its 200 day moving average is $21.60.

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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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