ACI Worldwide (NASDAQ:ACIW) Issues Earnings Results

ACI Worldwide (NASDAQ:ACIW) released its quarterly earnings results on Thursday. The technology company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.10, Briefing.com reports. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.The firm had revenue of $482.36 million for the quarter, compared to analysts’ expectations of $465.09 million. During the same quarter last year, the firm posted $0.77 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. ACI Worldwide updated its FY 2025 guidance to EPS.

ACI Worldwide Trading Down 3.3%

ACI Worldwide stock traded down $1.67 during trading hours on Friday, reaching $48.96. The company had a trading volume of 824,073 shares, compared to its average volume of 769,114. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.48 and a quick ratio of 1.48. ACI Worldwide has a 12-month low of $40.45 and a 12-month high of $59.71. The company has a 50-day moving average price of $50.48 and a 200 day moving average price of $48.18. The firm has a market cap of $5.05 billion, a price-to-earnings ratio of 20.66 and a beta of 1.09.

Analysts Set New Price Targets

ACIW has been the subject of several research analyst reports. Stephens upgraded shares of ACI Worldwide from an “equal weight” rating to an “overweight” rating and set a $60.00 target price for the company in a research report on Thursday, July 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of ACI Worldwide in a research note on Wednesday, October 8th. Zacks Research downgraded ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Wall Street Zen cut ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, DA Davidson restated a “buy” rating and issued a $60.00 target price on shares of ACI Worldwide in a research report on Thursday, October 16th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, ACI Worldwide currently has an average rating of “Moderate Buy” and a consensus target price of $60.00.

Institutional Investors Weigh In On ACI Worldwide

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State of Wyoming bought a new stake in ACI Worldwide in the 2nd quarter worth $37,000. EverSource Wealth Advisors LLC grew its stake in shares of ACI Worldwide by 122.1% in the second quarter. EverSource Wealth Advisors LLC now owns 944 shares of the technology company’s stock worth $43,000 after purchasing an additional 519 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in ACI Worldwide by 73.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 872 shares of the technology company’s stock valued at $48,000 after purchasing an additional 370 shares during the period. NewEdge Advisors LLC raised its position in ACI Worldwide by 93.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,472 shares of the technology company’s stock valued at $81,000 after purchasing an additional 711 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in ACI Worldwide by 13.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,096 shares of the technology company’s stock worth $96,000 after buying an additional 249 shares during the period. 94.74% of the stock is currently owned by institutional investors.

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.