ACI Worldwide Cut To “” Equal Weight”” At Stephens (ACIW)

August 7, 2015 Nemes Worldwide News

Stephens cut shares of ACI Worldwide (NASDAQ: ACIW) from an overweight score to an equivalent weight rating in a research report sent to investors on Monday morning, TheFlyOnTheWall.com reports. The firm presently has $26.00 rate target on the stock.

Shares of ACI Worldwide (NASDAQ: ACIW) opened at 23.94 on Monday. ACI Worldwide has a 52-week low of $17.32 and a 52-week high of $25.80. The stocks 50-day moving average is $24.57 and its 200-day moving average is $21.73. The business has a market cap of $2.79 billion and a price-to-earnings ratio of 38.18.

ACI Worldwide (NASDAQ: ACIW) last released its revenues data on Thursday, April 30th. The business reported $0.02 earnings per share (EPS) for the quarter, beating the agreement quote of ($0.01) by $0.03. The company had earnings of $232.80 million for the quarter, compared to the consensus quote of $229.64 million. Throughout the exact same quarter in the previous year, the company posted ($0.15) earnings per share. The business profits for the quarter was up 5.1 % on a year-over-year basis. Analysts anticipate that ACI Worldwide will certainly publish $0.72 EPS for the existing monetary year.

Other equities research study experts have actually likewise recently issued reports about the stock. Analysts at Zacks updated shares of ACI Worldwide from a hold score to a buy rating and set a $28.00 rate target on the stock in a research note on Tuesday, June 30th. Independently, analysts at Sidoti downgraded shares of ACI Worldwide from a buy rating to a neutral score and set a $26.00 price target on the stock in a research study note on Thursday, June Fourth. Three research study analysts have rated the stock with a hold rating and three have actually designated a buy rating to the companys stock. The stock currently has a consensus rating of Buy and a typical rate target of $24.00.

In other ACI Worldwide news, CAO Dennis Byrnes offered 45,375 shares of ACI Worldwide stock in a deal dated Monday, April 20th. The shares were offeredcost a typical cost of $22.00, for a total transaction of $998,250.00. The sale was revealed in a filing with the SEC, which is available at this link.

ACI Worldwide, Inc., (NASDAQ: ACIW) establishes, markets, installs and supports software application itemssoftware and services mostly concentrated on assisting in electronic payments. In addition to its own products, the Business distributes, or serves as a sales agent for software established by 3rd parties. These productsservices and products are made use of principally by monetary institutions, sellers, and electronic-payment processors, both in domestic and worldwide markets. The Company’s items are marketed under the ACI Worldwide, ACI Payment Systems, ACI Universal Payments and Official Payments brands. The Company powers electronic payments and banking for almost 2,600 monetary organizations, retailers and processors worldwide. Through its suite of software productssoftware and hosted services, ACI delivers a variety of options for payment processing, card and merchant management, electronic banking, mobile, branch and voice banking, fraud detection, trade finance, and electronic bill presentment and payment (EBPP).

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