ACI Worldwide (ACIW) to Release Quarterly Earnings on Thursday

ACI Worldwide (NASDAQ:ACIW) will release its earnings data before the market opens on Thursday, November 8th. Analysts expect ACI Worldwide to post earnings of $0.07 per share for the quarter.

ACI Worldwide (NASDAQ:ACIW) last released its earnings results on Thursday, August 2nd. The technology company reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by ($0.03). The firm had revenue of $235.00 million during the quarter, compared to analysts’ expectations of $232.23 million. ACI Worldwide had a return on equity of 6.30% and a net margin of 0.26%. The company’s revenue was down 2.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.25) earnings per share. On average, analysts expect ACI Worldwide to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ACI Worldwide stock opened at $25.09 on Thursday. The company has a market capitalization of $2.88 billion, a P/E ratio of 24.60, a PEG ratio of 3.28 and a beta of 1.26. ACI Worldwide has a 12-month low of $20.23 and a 12-month high of $28.98. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.70.

In related news, Director Adalio T. Sanchez sold 8,000 shares of the stock in a transaction that occurred on Friday, August 17th. The shares were sold at an average price of $26.95, for a total value of $215,600.00. Following the completion of the sale, the director now directly owns 41,897 shares of the company’s stock, valued at approximately $1,129,124.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Philip G. Heasley sold 21,667 shares of the stock in a transaction that occurred on Thursday, August 23rd. The stock was sold at an average price of $28.00, for a total transaction of $606,676.00. The disclosure for this sale can be found here. Corporate insiders own 4.42% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Credit Suisse Group increased their target price on shares of ACI Worldwide from $25.00 to $27.00 and gave the stock a “neutral” rating in a report on Wednesday, September 12th. BidaskClub raised shares of ACI Worldwide from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 25th. Finally, Zacks Investment Research raised shares of ACI Worldwide from a “sell” rating to a “hold” rating and set a $31.00 target price for the company in a report on Tuesday, August 7th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $29.00.

ACI Worldwide Company Profile

ACI Worldwide, Inc provides software products and services for facilitating electronic payments to banks, intermediaries, merchants, and corporates worldwide. It offers UP Retail Payments solution that enables banks to accept, authorize, route, and secure payment transactions; and ACI Card and Merchant Management solutions, including credit, debit, smart card, and prepaid card issuance and management, as well as merchant account management and settlement.

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Earnings History for ACI Worldwide (NASDAQ:ACIW)

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