ACI Worldwide, Inc., a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating digital payments to banks, merchants, and billers worldwide. The company offers ACI Acquiring, a merchant management system to deliver digital innovation, improve fraud prevention, and reduce interchange fees; ACI Issuing, a digital payments issuing solution; and ACI Enterprise Payments Platform that provides payment processing and orchestration capabilities for digital payments. It also provides ACI Low Value Real-Time Payments, a platform for processing real-time payments; and ACI High Value Real-Time Payments, a payments engine that offers multi-bank, multi-currency, 24x7 payment processing, and SWIFT messaging. In addition, the company offers ACI Omni Commerce, a scalable, omni-channel payment processing platform; ACI Secure eCommerce solution; ACI Fraud Management, a real-time approach to fraud management; ACI Digital Business Banking, a cloud-based digital banking platform; and ACI Speedpay, an integrated suite of digital billing, payment, disbursement, and communication services. The company offers electronic bill presentment and payment services to consumer finance, insurance, healthcare, higher education, utility, government, and mortgage sectors; implementation services, including product installations and configurations, and custom software modifications; and business and technical consultancy, on-site support, product education, and testing services, as well as distributes or acts as a sales agent for software developed by third parties. It markets its products under the ACI Worldwide brand. The company was formerly known as Transaction Systems Architects, Inc. and changed its name to ACI Worldwide, Inc. in July 2007. The company was founded in 1975 and is based in Coral Gables, Florida.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on ACIW. TheStreet downgraded ACI Worldwide from a "b-" rating to a "c" rating in a research report on Thursday, May 5th. DA Davidson lowered their price objective on ACI Worldwide from $42.00 to $36.00 in a research report on Monday, April 25th. StockNews.com downgraded ACI Worldwide from a "buy" rating to a "hold" rating in a research report on Friday, August 5th. Finally, Stephens began coverage on ACI Worldwide in a research report on Thursday, July 14th. They issued an "overweight" rating and a $31.00 price objective for the company.
ACI Worldwide Trading Down 1.5 %
ACI Worldwide stock traded down $0.38 during midday trading on Monday, reaching $25.75. The stock had a trading volume of 958,978 shares, compared to its average volume of 675,359. ACI Worldwide has a twelve month low of $23.63 and a twelve month high of $36.01. The stock has a market capitalization of $2.94 billion, a PE ratio of 19.81 and a beta of 1.06. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.24 and a current ratio of 1.24. The stock's 50-day simple moving average is $26.73 and its 200 day simple moving average is $28.90.
ACI Worldwide (NASDAQ:ACIW - Get Rating) last issued its earnings results on Thursday, August 4th. The technology company reported $0.12 earnings per share for the quarter, meeting analysts' consensus estimates of $0.12. The firm had revenue of $340.40 million for the quarter, compared to analysts' expectations of $330.22 million. ACI Worldwide had a return on equity of 17.24% and a net margin of 10.51%. The firm's revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.23 earnings per share.