ACI Worldwide, Inc. (NASDAQ:ACIW) – Equities researchers at First Analysis issued their Q3 2018 earnings per share estimates for ACI Worldwide in a report issued on Sunday. First Analysis analyst L. Berlin anticipates that the technology company will post earnings of $0.03 per share for the quarter.

Several other brokerages have also commented on ACIW. Zacks Investment Research lowered ACI Worldwide from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. DA Davidson began coverage on ACI Worldwide in a research note on Thursday, August 31st. They set a “buy” rating and a $26.00 price target for the company. Finally, BidaskClub upgraded ACI Worldwide from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. ACI Worldwide presently has a consensus rating of “Hold” and an average price target of $26.00.

Shares of ACI Worldwide (ACIW) traded down $0.52 during trading hours on Tuesday, reaching $22.37. The company’s stock had a trading volume of 540,600 shares, compared to its average volume of 463,275. The firm has a market capitalization of $2,680.00, a price-to-earnings ratio of 31.79, a PEG ratio of 4.24 and a beta of 1.30. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.16 and a quick ratio of 1.16. ACI Worldwide has a 12 month low of $17.80 and a 12 month high of $25.00.

Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of ACI Worldwide by 0.4% in the second quarter. BlackRock Inc. now owns 12,035,561 shares of the technology company’s stock valued at $269,235,000 after buying an additional 44,692 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of ACI Worldwide by 1.7% in the second quarter. Vanguard Group Inc. now owns 9,780,252 shares of the technology company’s stock valued at $218,784,000 after buying an additional 161,582 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in shares of ACI Worldwide by 1.1% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 6,335,585 shares of the technology company’s stock valued at $144,325,000 after buying an additional 68,306 shares in the last quarter. State Street Corp grew its stake in shares of ACI Worldwide by 3.9% in the second quarter. State Street Corp now owns 3,892,245 shares of the technology company’s stock valued at $87,069,000 after buying an additional 147,535 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of ACI Worldwide by 3.5% in the second quarter. Dimensional Fund Advisors LP now owns 2,896,885 shares of the technology company’s stock valued at $64,804,000 after buying an additional 97,182 shares in the last quarter.

In other news, Director James Mcgroddy sold 30,000 shares of the 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 completion of the sale, the director now owns 88,896 shares in the company, valued at $2,050,830.72. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 4.20% of the stock is currently owned by company insiders.

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About ACI Worldwide

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.

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

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