ACI Worldwide (ACIW) Expected to Announce Quarterly Earnings on Thursday

ACI Worldwide (NASDAQ:ACIW - Get Free Report) is projected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect ACI Worldwide to post earnings of $0.73 per share and revenue of $451.00 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.

ACI Worldwide Stock Down 2.2 %

Shares of NASDAQ:ACIW traded down $1.14 during trading on Friday, hitting $50.56. 818,499 shares of the company's stock traded hands, compared to its average volume of 606,918. ACI Worldwide has a 52 week low of $30.02 and a 52 week high of $59.71. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The company has a 50-day moving average price of $52.87 and a 200-day moving average price of $51.74. The company has a market cap of $5.30 billion, a price-to-earnings ratio of 23.96 and a beta of 1.20.

Insider Activity

In other ACI Worldwide news, CTO Abraham Kuruvilla sold 5,400 shares of the firm's stock in a transaction on Friday, December 6th. The stock was sold at an average price of $55.71, for a total value of $300,834.00. Following the sale, the chief technology officer now owns 81,107 shares of the company's stock, valued at approximately $4,518,470.97. This trade represents a 6.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, DA Davidson downgraded ACI Worldwide from a "buy" rating to a "neutral" rating and increased their price objective for the stock from $57.00 to $60.00 in a report on Friday, November 8th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, ACI Worldwide presently has an average rating of "Hold" and an average price target of $49.50.

ACI Worldwide Company Profile

ACI Worldwide, Inc, a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating digital payments in the United States and internationally. The company operates in three segments: Banks, Merchants, and Billers. The company offers ACI Acquiring, a solution to process credit, debit, and prepaid card transactions, deliver digital innovation, and fraud prevention; ACI Issuing, a digital payment issuing solution for new payment offering; and ACI Enterprise Payments Platform that provides payment processing and orchestration capabilities for digital payments.