ACI Worldwide Rating Lowered To Equal Weight At Stephens (ACIW)

July 27, 2015 Nemes Worldwide News

ACI Worldwide (NASDAQ: ACIW) was downgraded by experts at Stephens from an overweight score to an equivalent weight rating in a research study report released to clients and investors on Monday, TheFlyOnTheWall.com reports. They presently have a $26.00 price target on the stock. Stephens target price shows a possible upside of 8.88 % from the stocks previous close.

In other ACI Worldwide news, CAO Dennis Byrnes offered 45,375 shares of ACI Worldwide stock in a transaction that occurred on Monday, April 20th. The shares were offered at a typical price of $22.00, for a total value of $998,250.00. The deal was disclosed in a document filed with the Securities amp; Exchange Commission, which can be accessed through this link.

Other equities research analysts have actually also recently released reports about the stock. Experts at Zacks upgraded shares of ACI Worldwide from a hold rating to a buy score and set a $28.00 rate target on the stock in a research study note on Tuesday, June 30th. Separately, experts at Sidoti downgraded shares of ACI Worldwide from a buy rating to a neutral rating and set a $26.00 rate target on the stock in a research note on Thursday, June Fourth. Three experts have ranked the stock with a hold rating and three have assigned a buy score to the stock. The stock presently has an average rating of Buy and an average rate target of $24.00.

ACI Worldwide (NASDAQ: ACIW) opened at 23.88 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 $21.70. The company has a market cap of $2.79 billion and a price-to-earnings ratio of 38.09.

ACI Worldwide (NASDAQ: ACIW) last provided its quarterly earnings data on Thursday, April 30th. The business reported $0.02 incomes per share for the quarter, beating the experts agreement estimate of ($0.01) by $0.03. The company had earnings of $232.80 million for the quarter, compared with the agreement quote of $229.64 million. During the same quarter in 2014, the business posted ($0.15) incomes per share. ACI Worldwides income was up 5.1 % as compared to the same quarter in 2014. Generally, analysts predict that ACI Worldwide will certainly publish $0.72 profits per share for the existing financial year.

ACI Worldwide, Inc., (NASDAQ: ACIW) establishes, markets, installs and supports software products and services mainly focused on assisting in electronic payments. In addition to its own products, the Business disperses, or functions as a sales representative for software developed by 3rd parties. These itemsservices and products are used principally by financial organizations, retailers, and electronic-payment processors, both in domestic and worldwide markets. The Business’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 monetary organizations, retailers and processors all over the world. Through its suite of software productssoftware and hosted services, ACI provides a variety of options for payment processing, card and merchant management, online banking, mobile, branch and voice banking, fraud detection, trade finance, and electronic expense presentment and payment (EBPP).

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