ACI Worldwide, Inc. (NASDAQ:ACIW) Given Consensus Rating of “Moderate Buy” by Analysts

ACI Worldwide, Inc. (NASDAQ:ACIW) has been assigned an average rating of “Moderate Buy” from the five brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $60.00.

A number of research analysts recently issued reports on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of ACI Worldwide in a research note on Tuesday, November 25th. DA Davidson reaffirmed a “buy” rating and set a $60.00 price target on shares of ACI Worldwide in a report on Thursday, October 16th. Zacks Research cut shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Finally, Wall Street Zen downgraded shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 9th.

ACI Worldwide Trading Down 0.1%

Shares of ACIW stock opened at $46.84 on Monday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.48 and a quick ratio of 1.48. The company has a market cap of $4.83 billion, a price-to-earnings ratio of 19.76 and a beta of 1.09. ACI Worldwide has a 1 year low of $40.45 and a 1 year high of $58.14. The firm has a fifty day moving average price of $49.50 and a 200-day moving average price of $47.60.

ACI Worldwide (NASDAQ:ACIW) last released its earnings results on Thursday, November 6th. The technology company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.10. The company had revenue of $482.36 million for the quarter, compared to the consensus estimate of $465.09 million. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.ACI Worldwide’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.77 earnings per share. ACI Worldwide has set its FY 2025 guidance at EPS. As a group, equities analysts predict that ACI Worldwide will post 2 earnings per share for the current year.

Insider Buying and Selling

In other news, CTO Abraham Kuruvilla sold 4,210 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $47.69, for a total value of $200,774.90. Following the transaction, the chief technology officer directly owned 96,897 shares in the company, valued at $4,621,017.93. The trade was a 4.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

Institutional Trading of ACI Worldwide

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC boosted its stake in ACI Worldwide by 106.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 627 shares of the technology company’s stock worth $29,000 after purchasing an additional 323 shares during the period. Ameritas Advisory Services LLC purchased a new position in shares of ACI Worldwide in the second quarter worth $32,000. Bessemer Group Inc. lifted its holdings in shares of ACI Worldwide by 51.9% in the third quarter. Bessemer Group Inc. now owns 626 shares of the technology company’s stock worth $32,000 after buying an additional 214 shares in the last quarter. Advisors Asset Management Inc. boosted its position in shares of ACI Worldwide by 68.5% during the second quarter. Advisors Asset Management Inc. now owns 733 shares of the technology company’s stock worth $34,000 after acquiring an additional 298 shares during the last quarter. Finally, State of Wyoming bought a new stake in ACI Worldwide in the 2nd quarter valued at $37,000. Institutional investors own 94.74% of the company’s stock.

ACI Worldwide Company Profile

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.