Equities research analysts expect ACI Worldwide, Inc. (NASDAQ:ACIW) to announce earnings per share of ($0.09) for the current quarter, Zacks reports. Two analysts have made estimates for ACI Worldwide’s earnings, with the highest EPS estimate coming in at ($0.06) and the lowest estimate coming in at ($0.12). ACI Worldwide reported earnings per share of ($0.10) in the same quarter last year, which would indicate a positive year-over-year growth rate of 10%. The business is expected to announce its next earnings results before the market opens on Thursday, July 27th.

On average, analysts expect that ACI Worldwide will report full year earnings of $0.47 per share for the current fiscal year, with EPS estimates ranging from $0.44 to $0.53. For the next financial year, analysts forecast that the business will report earnings of $0.57 per share, with EPS estimates ranging from $0.51 to $0.61. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for ACI Worldwide.

ACI Worldwide (NASDAQ:ACIW) last released its quarterly earnings results on Thursday, May 4th. The technology company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.11. ACI Worldwide had a return on equity of 7.34% and a net margin of 3.80%. The company had revenue of $231.50 million for the quarter, compared to analysts’ expectations of $217.24 million. During the same period in the prior year, the firm earned ($0.01) earnings per share. The firm’s revenue was up 2.4% compared to the same quarter last year.

A number of equities analysts have weighed in on the stock. BidaskClub lowered shares of ACI Worldwide from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Zacks Investment Research lowered shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 31st. ValuEngine upgraded shares of ACI Worldwide from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, TheStreet lowered shares of ACI Worldwide from a “b” rating to a “c+” rating in a report on Friday, May 5th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $24.33.

Several institutional investors have recently bought and sold shares of the stock. Strs Ohio raised its position in ACI Worldwide by 113.2% in the first quarter. Strs Ohio now owns 8,100 shares of the technology company’s stock valued at $173,000 after buying an additional 4,300 shares during the last quarter. Granite Investment Partners LLC raised its position in ACI Worldwide by 1.4% in the first quarter. Granite Investment Partners LLC now owns 67,334 shares of the technology company’s stock valued at $1,440,000 after buying an additional 951 shares during the last quarter. Rice Hall James & Associates LLC raised its position in ACI Worldwide by 1.3% in the first quarter. Rice Hall James & Associates LLC now owns 373,163 shares of the technology company’s stock valued at $7,982,000 after buying an additional 4,857 shares during the last quarter. Nisa Investment Advisors LLC raised its position in ACI Worldwide by 30.8% in the first quarter. Nisa Investment Advisors LLC now owns 82,140 shares of the technology company’s stock valued at $1,757,000 after buying an additional 19,340 shares during the last quarter. Finally, Conestoga Capital Advisors LLC raised its position in ACI Worldwide by 3.0% in the first quarter. Conestoga Capital Advisors LLC now owns 1,608,430 shares of the technology company’s stock valued at $34,404,000 after buying an additional 46,357 shares during the last quarter.

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ACI Worldwide (ACIW) traded down 0.41% on Monday, reaching $24.04. The company’s stock had a trading volume of 561,037 shares. The firm has a 50 day moving average price of $23.06 and a 200 day moving average price of $21.66. The stock has a market capitalization of $2.84 billion, a P/E ratio of 72.63 and a beta of 1.31. ACI Worldwide has a 52 week low of $15.11 and a 52 week high of $24.65.

ACI Worldwide Company Profile

ACI Worldwide, Inc develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Company also distributes or acts as a sales agent for software developed by third parties. Its products and services are used principally by financial institutions, retailers, billers and electronic payment processors, both in domestic and international markets.

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