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

July 26, 2015 Nemes Worldwide News

Stephens cut shares of ACI Worldwide (NASDAQ: ACIW) from an obese rating to an equivalent weight score in a research study note issued to financiers on Monday, TheFlyOnTheWall.com reports.

A variety of other firms have likewise just recently commented on ACIW. Analysts at Zacks upgraded shares of ACI Worldwide from a hold rating to a buy score and set a $28.00 cost target on the stock in a research note on Tuesday, June 30th. Independently, experts at Sidoti downgraded shares of ACI Worldwide from a buy score to a neutral score and set a $26.00 cost target on the stock in a research study note on Thursday, June Fourth. 3 investment experts have ranked the stock with a hold rating and 3 have actually appointed a buy score to the business. The company currently has a consensus rating of Buy and an agreement rate target of $23.60.

ACI Worldwide (NASDAQ: ACIW) opened at 24.33 on Monday. ACI Worldwide has a one year low of $17.32 and a one year high of $25.80. The stock has a 50-day moving average of $24.55 and a 200-day moving average of $21.61. The business has a market cap of $2.84 billion and a P/E ratio of 38.80.

ACI Worldwide (NASDAQ: ACIW) last announced its incomes results on Thursday, April 30th. The company reported $0.02 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.03. The company had income of $232.80 million for the quarter, compared with the consensus estimate of $229.64 million. During the very same quarter in the prior year, the company published ($0.15) revenues per share. The companys quarterly earnings was up 5.1 % on a year-over-year basis. Typically, experts predict that ACI Worldwide will post $0.72 earnings per share for the present fiscal year.

In other ACI Worldwide news, CAO Dennis Byrnes sold 45,375 shares of the business stock in a deal that happened on Monday, April 20th. The stock was soldcost an average rate of $22.00, for an overall transaction of $998,250.00. The sale was divulged in a document submitted with the Securities amp; Exchange Commission, which can be accessed through this link.

ACI Worldwide, Inc., (NASDAQ: ACIW) establishes, markets, installs and supports software application itemssoftware and services mainly concentrated on facilitating electronic payments. In addition to its own products, the Company disperses, or serves as a sales agent for software established by 3rd celebrations. These productsservices and products are used principally by financial organizations, retailers, and electronic-payment processors, both in domestic and global markets. The Company’s products are marketed under the ACI Worldwide, ACI Payment Systems, ACI Universal Payments and Authorities Payments brands. The Business powers electronic payments and banking for nearly 2,600 financial institutions, retailers and processors around the globe. Through its suite of software application products and hosted services, ACI delivers a range of solutions for payment processing, card and merchant management, online banking, mobile, branch and voice banking, fraud detection, trade finance, and electronic bill presentment and payment (EBPP).

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