ACI Worldwide (NASDAQ:ACIW) Cut to Hold at Zacks Research

Zacks Research cut shares of ACI Worldwide (NASDAQ:ACIW) from a strong-buy rating to a hold rating in a report published on Thursday morning,Zacks.com reports.

Other equities analysts also recently issued reports about the stock. Jefferies Financial Group reduced their target price on shares of ACI Worldwide from $68.00 to $60.00 and set a “buy” rating for the company in a report on Tuesday, May 27th. DA Davidson upgraded shares of ACI Worldwide from a “neutral” rating to a “buy” rating and set a $60.00 price objective on the stock in a report on Monday, May 12th. Stephens upgraded shares of ACI Worldwide from an “equal weight” rating to an “overweight” rating and set a $60.00 price objective on the stock in a report on Thursday, July 17th. Finally, Wall Street Zen downgraded shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 9th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $60.00.

ACI Worldwide Stock Performance

ACI Worldwide stock opened at $49.31 on Thursday. ACI Worldwide has a 1-year low of $40.45 and a 1-year high of $59.71. The firm’s 50 day simple moving average is $45.13 and its 200 day simple moving average is $49.06. The firm has a market capitalization of $5.09 billion, a PE ratio of 20.81 and a beta of 1.07. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.62.

ACI Worldwide (NASDAQ:ACIW) last released its quarterly earnings data on Thursday, August 7th. The technology company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.08. ACI Worldwide had a net margin of 14.76% and a return on equity of 19.09%. The company had revenue of $401.26 million during the quarter, compared to analyst estimates of $380.45 million. During the same period in the prior year, the firm earned $0.47 earnings per share. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, analysts expect that ACI Worldwide will post 2 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Janet O. Estep sold 4,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $44.66, for a total value of $200,970.00. Following the sale, the director owned 77,631 shares in the company, valued at $3,467,000.46. This represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mary P. Harman sold 7,194 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $47.48, for a total value of $341,571.12. Following the completion of the sale, the director owned 34,388 shares in the company, valued at approximately $1,632,742.24. This represents a 17.30% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of ACI Worldwide in the 2nd quarter worth $47,641,000. Ameriprise Financial Inc. increased its position in shares of ACI Worldwide by 132.9% during the 1st quarter. Ameriprise Financial Inc. now owns 1,571,363 shares of the technology company’s stock worth $85,986,000 after purchasing an additional 896,564 shares during the last quarter. Nuveen LLC acquired a new stake in shares of ACI Worldwide during the 1st quarter worth about $25,267,000. American Century Companies Inc. increased its position in shares of ACI Worldwide by 32.8% during the 2nd quarter. American Century Companies Inc. now owns 1,662,130 shares of the technology company’s stock worth $76,308,000 after purchasing an additional 410,423 shares during the last quarter. Finally, Bank of America Corp DE grew its position in ACI Worldwide by 267.7% in the 4th quarter. Bank of America Corp DE now owns 563,335 shares of the technology company’s stock valued at $29,243,000 after acquiring an additional 410,142 shares in the last quarter. Hedge funds and other institutional investors own 94.74% of the company’s stock.

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.