ACI Worldwide Upgraded At Zacks (ACIW)

July 18, 2015 Nemes Worldwide News

ACI Worldwide (NASDAQ: ACIW) was upgraded by Zacks from a hold score to a buy score in a report released on Tuesday, Market Beat Scores reports. The company presently has a $28.00 target cost on the stock. Zackss target price points to a possible benefit of 13.96 % from the stocks previous close.

According to Zacks, Deal Systems Architects, Inc. develops, markets, installs and supports a broad line of software application itemssoftware and services mostly focused on helping with electronic payments and electronic commerce. The Companys items are arranged into 4 lines-of-business groups: Customer Banking, Corporate Banking, Retail Solutions and System Solutions.

In other ACI Worldwide news, CAO Dennis Byrnes sold 45,375 shares of the stock in a deal dated Monday, April 20th. The stock was sold at an average price of $22.00, for an overall value of $998,250.00. The sale was divulged in a filing with the Securities amp; Exchange Commission, which can be accessed through this link.

Shares of ACI Worldwide (NASDAQ: ACIW) stayed flat at $24.57 during trading on Tuesday. The stock had a trading volume of 998,336 shares. ACI Worldwide has a 1-year low of $17.32 and a 1-year high of $25.80. The stock has a 50-day moving average of $24.48 and a 200-day moving average of $21.53. The business has a market cap of $2.87 billion and a price-to-earnings ratio of 39.19.

ACI Worldwide (NASDAQ: ACIW) last issued its quarterly profits information on Thursday, April 30th. The company reported $0.02 incomes per share for the quarter, beating the analysts agreement quote of ($0.01) by $0.03. The business had income of $232.80 million for the quarter, compared with the consensus price quote of $229.64 million. During the very same quarter in 2014, the company posted ($0.15) earnings per share. ACI Worldwides profits was up 5.1 % compared to the same quarter in 2014. Typically, analysts forecast that ACI Worldwide will certainly publish $0.71 profits per share for the present monetary year.

Individually, 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 4th. 2 research analysts have actually ranked the stock with a hold score and four have actually provided a buy rating to the stock. ACI Worldwide currently has a consensus rating of Buy and an agreement target rate of $23.60.

ACI Worldwide, Inc., (NASDAQ: ACIW) develops, markets, installs and supports software application products and services primarily focused on helping with electronic payments. In addition to its own products, the Business distributes, or functions as a sales agent for software application developed by third parties. These items and services are utilized primarily by financial institutions, retailers, and electronic-payment processors, both in domestic and worldwide markets. The Business’s items are marketed under the ACI Worldwide, ACI Payment Systems, ACI Universal Payments and Official Payments brands. The Business powers electronic payments and banking for almost 2,600 financial organizations, sellers 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 expense presentment and payment (EBPP).

To obtain a complimentary copy of the research study report on ACI Worldwide (ACIW), click here. For more detailsTo find out more about research study offerings from Zacks Effort Research, see Zacks.com

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