ACI Worldwide, Inc. (NASDAQ:ACIW) Receives Average Rating of "Hold" from Brokerages

Key Points

• Shares of ACI Worldwide carry a consensus rating of Hold from five analysts (1 sell, 1 hold, 3 buy) with an average 12‑month target price of $60.00.
• ACI missed quarterly EPS at $0.90 versus $1.05 expected but reported revenue of $481.6M (beating the $465.2M estimate) with revenue up 6.3% year‑over‑year; analysts forecast ~2.53 EPS for the current year.
• Company insiders recently bought shares (e.g., Juan Benitez II and Adalio T. Sanchez), insider ownership is 1.10%, while institutional investors hold about 94.73% of the stock.

Shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Get Free Report) have received a consensus rating of "Hold" from the five research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $60.00.

Several research analysts have recently commented on the company. Zacks Research downgraded ACI Worldwide from a "hold" rating to a "strong sell" rating in a research note on Tuesday, March 10th. Weiss Ratings downgraded ACI Worldwide from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, February 18th.

ACI Worldwide Stock Down 0.8%

NASDAQ ACIW opened at $43.60 on Thursday. The stock's 50-day moving average price is $41.33 and its 200-day moving average price is $44.51. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.51. ACI Worldwide has a 52 week low of $38.05 and a 52 week high of $55.45. The company has a market capitalization of $4.42 billion, a P/E ratio of 20.09 and a beta of 1.03.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The technology company reported $0.90 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.15). ACI Worldwide had a return on equity of 16.44% and a net margin of 12.88%.The company had revenue of $481.60 million during the quarter, compared to the consensus estimate of $465.20 million. During the same period last year, the business earned $1.08 EPS. The firm's quarterly revenue was up 6.3% compared to the same quarter last year. On average, equities research analysts predict that ACI Worldwide will post 2.53 earnings per share for the current year.

Insider Activity at ACI Worldwide

In other ACI Worldwide news, Director Juan Benitez II bought 2,400 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average price of $41.90 per share, with a total value of $100,560.00. Following the purchase, the director owned 16,881 shares of the company's stock, valued at $707,313.90. This trade represents a 16.57% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Adalio T. Sanchez purchased 3,000 shares of the business's stock in a transaction on Monday, March 2nd. The shares were purchased at an average price of $40.98 per share, with a total value of $122,940.00. Following the acquisition, the director directly owned 64,378 shares in the company, valued at $2,638,210.44. This represents a 4.89% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On ACI Worldwide

Several institutional investors have recently added to or reduced their stakes in the company. Bessemer Group Inc. grew its holdings in ACI Worldwide by 51.9% during the 3rd quarter. Bessemer Group Inc. now owns 626 shares of the technology company's stock valued at $32,000 after buying an additional 214 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in ACI Worldwide by 13.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,096 shares of the technology company's stock valued at $96,000 after buying an additional 249 shares in the last quarter. Allworth Financial LP grew its holdings in ACI Worldwide by 93.5% during the 3rd quarter. Allworth Financial LP now owns 532 shares of the technology company's stock valued at $28,000 after buying an additional 257 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its holdings in ACI Worldwide by 6.0% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 4,615 shares of the technology company's stock valued at $221,000 after buying an additional 260 shares in the last quarter. Finally, ProShare Advisors LLC boosted its holdings in shares of ACI Worldwide by 1.4% in the 4th quarter. ProShare Advisors LLC now owns 20,107 shares of the technology company's stock worth $961,000 after purchasing an additional 268 shares during the period. Hedge funds and other institutional investors own 94.73% of the company's stock.

ACI Worldwide Company Profile

ACI Worldwide NASDAQ: ACIW is a global software company that provides electronic payment and banking solutions to financial institutions, merchants and billers. The company's platforms enable real-time processing of credit, debit, ACH, bill payments, faster payments and money transfers, as well as integrated fraud prevention services. Headquartered in Naples, Florida, ACI serves clients across banking, payments and commerce sectors worldwide.

ACI's modular suite of applications can be deployed on-premise, in the cloud or in hybrid environments to meet diverse operational needs.

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