ACI Worldwide (ACIW) to Release Earnings on Tuesday

ACI Worldwide (NASDAQ:ACIW) will post its quarterly earnings results before the market opens on Tuesday, April 30th. Analysts expect ACI Worldwide to post earnings of ($0.03) per share for the quarter. ACI Worldwide has set its Q1 2024 guidance at EPS and its FY 2024 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

ACI Worldwide (NASDAQ:ACIW) last posted its earnings results on Thursday, February 29th. The technology company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.17. The company had revenue of $477.00 million for the quarter, compared to analysts’ expectations of $476.43 million. ACI Worldwide had a return on equity of 16.30% and a net margin of 8.37%. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business posted $0.95 earnings per share. On average, analysts expect ACI Worldwide to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

ACI Worldwide Stock Performance

ACIW stock opened at $33.30 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.36 and a current ratio of 1.36. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of 30.00 and a beta of 1.24. ACI Worldwide has a 1 year low of $19.56 and a 1 year high of $33.83. The stock’s fifty day moving average is $32.03 and its two-hundred day moving average is $28.97.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Canaccord Genuity Group reiterated a “buy” rating and issued a $40.00 target price on shares of ACI Worldwide in a research note on Friday, March 15th. Jefferies Financial Group initiated coverage on shares of ACI Worldwide in a research note on Friday, March 8th. They set a “buy” rating and a $38.00 price objective on the stock. TheStreet upgraded shares of ACI Worldwide from a “c” rating to a “b-” rating in a research note on Thursday, January 4th. Finally, DA Davidson restated a “buy” rating and set a $39.00 price objective on shares of ACI Worldwide in a research note on Thursday, March 14th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, ACI Worldwide currently has an average rating of “Moderate Buy” and an average price target of $39.00.

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.