ACI Worldwide Updated By Zacks To “” Purchase”” (ACIW)

October 23, 2015 Nemes Worldwide News

ACI Worldwide (NASDAQ: ACIW) last revealed its incomes outcomes on Thursday, July 30th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus quotes of $0.07 by $0.19. During the exact same quarter in the previous year, the company earned $0.10 EPS. The companyBusiness had revenue of $265.80 million for the quarter, compared to the consensus price quote of $246.25 million. ACI Worldwide’s revenue was up 4.3 % compared with the same quarter in 2014. Usually, equities experts predict that ACI Worldwide will post $0.81 EPS for the present year.

Individually, Stephens downgraded ACI Worldwide from an overweight score to an equivalent weight rating and set a $26.00 cost objective for the company. in a report on Monday, July 6th.

In other ACI Worldwide news, Director John M. Shay, Jr. offered 30,000 shares of the stock in a deal dated Friday, August 14th. The stock was sold at an average price of $22.72, for an overall value of $681,600.00. The transaction was disclosed in a filing with the SEC, which is available through this link.

ACI Worldwide, Inc. establishes, markets, installs and supports a line of software products and services primarily concentrated on helping with electronic payments. The Business’s suite of software productssoftware and hosted services deliver a range of solutions for payments processing, card and merchant management, electronic expense presentment and payment (NASDAQ: ACIW), electronic banking, mobile, branch and voice banking, scams detection and trade financing. The Business’s services include application services, item support services, technical services, education services, screening services, specialist services consultancy and centers management services. It offers numerous options, including its retail and wholesale payment engines, danger management, biller, merchants and online banking items. It caters to financial institutionsbanks, including worldwide, nationwide, local, and neighborhood banks and cooperative credit union; processors; sellers, and billers.

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