ACI Worldwide (ACIW) to Release Earnings on Thursday

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

ACI Worldwide Stock Performance

Shares of NASDAQ:ACIW opened at $50.15 on Tuesday. The company has a market capitalization of $5.25 billion, a price-to-earnings ratio of 29.67 and a beta of 1.19. The firm’s 50 day simple moving average is $49.80 and its 200 day simple moving average is $42.77. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.32 and a quick ratio of 1.32. ACI Worldwide has a fifty-two week low of $23.90 and a fifty-two week high of $53.29.

Analyst Ratings Changes

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

About ACI Worldwide

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.