ACI Worldwide (NASDAQ:ACIW) updated its second quarter 2021 earnings guidance on Thursday. The company provided earnings per share guidance of – for the period. The company issued revenue guidance of $295 million-$305 million, compared to the consensus revenue estimate of $303.59 million.
Separately, Needham & Company LLC upped their target price on shares of ACI Worldwide from $40.00 to $45.00 and gave the stock a buy rating in a research note on Friday, January 29th. Six equities research analysts have rated the stock with a buy rating, ACI Worldwide has an average rating of Buy and a consensus target price of $43.40.
ACIW traded up $0.34 during trading on Friday, hitting $39.84. 767,045 shares of the company traded hands, compared to its average volume of 622,130. The firm has a market cap of $4.71 billion, a P/E ratio of 78.12 and a beta of 1.27. The stock’s fifty day moving average is $39.21 and its 200 day moving average is $37.93. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.10. ACI Worldwide has a one year low of $23.52 and a one year high of $43.23.
In other ACI Worldwide news, insider Jeremy Wilmot sold 22,879 shares of the company’s stock in a transaction dated Wednesday, May 12th. The shares were sold at an average price of $38.67, for a total transaction of $884,730.93. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 4.37% of the stock is currently owned by corporate insiders.
ACI Worldwide Company Profile
ACI Worldwide, Inc, a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating electronic payments to banks, financial intermediaries, 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.
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