Analysts predict that ACI Worldwide, Inc. (NASDAQ:ACIW) will announce $321.30 million in sales for the current quarter, according to Zacks. Three analysts have provided estimates for ACI Worldwide’s earnings. The lowest sales estimate is $320.12 million and the highest is $322.21 million. ACI Worldwide reported sales of $342.73 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 6.3%. The firm is scheduled to report its next quarterly earnings results on Thursday, March 1st.

According to Zacks, analysts expect that ACI Worldwide will report full year sales of $321.30 million for the current year. For the next year, analysts forecast that the company will post sales of $1.06 billion per share, with estimates ranging from $1.04 billion to $1.07 billion. Zacks’ sales calculations are an average based on a survey of research analysts that follow ACI Worldwide.

ACIW has been the topic of a number of research reports. DA Davidson initiated coverage on shares of ACI Worldwide in a research report on Thursday, August 31st. They set a “buy” rating and a $26.00 target price on the stock. Zacks Investment Research downgraded shares of ACI Worldwide from a “hold” rating to a “sell” rating in a research report on Monday, November 6th. Finally, BidaskClub raised shares of ACI Worldwide from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. ACI Worldwide presently has a consensus rating of “Hold” and an average price target of $26.00.

Shares of ACI Worldwide (NASDAQ:ACIW) opened at $22.37 on Tuesday. The stock has a market capitalization of $2,714.28, a price-to-earnings ratio of 31.79, a PEG ratio of 4.24 and a beta of 1.30. ACI Worldwide has a 1-year low of $17.80 and a 1-year high of $25.00. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.87.

In other news, Director James Mcgroddy sold 30,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $23.07, for a total value of $692,100.00. Following the sale, the director now directly owns 88,896 shares of the company’s stock, valued at $2,050,830.72. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 4.20% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in ACIW. Teachers Advisors LLC lifted its stake in ACI Worldwide by 1.8% during the first quarter. Teachers Advisors LLC now owns 197,864 shares of the technology company’s stock worth $4,232,000 after purchasing an additional 3,500 shares during the period. Capstone Asset Management Co. lifted its stake in ACI Worldwide by 0.7% during the second quarter. Capstone Asset Management Co. now owns 10,377 shares of the technology company’s stock worth $232,000 after purchasing an additional 70 shares during the period. LS Investment Advisors LLC lifted its stake in ACI Worldwide by 17.4% during the second quarter. LS Investment Advisors LLC now owns 9,416 shares of the technology company’s stock worth $211,000 after purchasing an additional 1,397 shares during the period. Aperio Group LLC lifted its stake in ACI Worldwide by 39.2% during the second quarter. Aperio Group LLC now owns 40,498 shares of the technology company’s stock worth $906,000 after purchasing an additional 11,401 shares during the period. Finally, State Treasurer State of Michigan lifted its stake in ACI Worldwide by 2.1% during the second quarter. State Treasurer State of Michigan now owns 48,650 shares of the technology company’s stock worth $1,088,000 after purchasing an additional 1,000 shares during the period.

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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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Earnings History and Estimates for ACI Worldwide (NASDAQ:ACIW)

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