ACI Worldwide (ACIW) Set to Announce Quarterly Earnings on Thursday

ACI Worldwide (NASDAQ:ACIW) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect ACI Worldwide to post earnings of $0.51 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

ACI Worldwide Price Performance

Shares of NASDAQ:ACIW opened at $51.17 on Wednesday. The company has a market cap of $5.36 billion, a P/E ratio of 30.28 and a beta of 1.19. The company’s fifty day moving average is $49.82 and its two-hundred day moving average is $42.90. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.79. ACI Worldwide has a 12-month low of $23.90 and a 12-month high of $53.29.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Canaccord Genuity Group increased their price objective on ACI Worldwide from $40.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. DA Davidson increased their price target on shares of ACI Worldwide from $52.00 to $57.00 and gave the stock a “buy” rating in a research report on Tuesday, October 15th. Needham & Company LLC reaffirmed a “hold” rating on shares of ACI Worldwide in a research report on Friday, August 2nd. StockNews.com downgraded shares of ACI Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, August 3rd. Finally, Stephens cut shares of ACI Worldwide from an “overweight” rating to an “equal weight” rating in a report on Friday, October 18th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, ACI Worldwide currently has an average rating of “Moderate Buy” and an average target price of $48.75.

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.