ACI Worldwide (NASDAQ:ACIW) Given Buy Rating at DA Davidson

DA Davidson restated their buy rating on shares of ACI Worldwide (NASDAQ:ACIW) in a report published on Thursday morning,Benzinga reports. They currently have a $60.00 target price on the technology company’s stock.

ACIW has been the topic of several other research reports. Stephens raised ACI Worldwide from an “equal weight” rating to an “overweight” rating and set a $60.00 price target on the stock in a research report on Thursday, July 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of ACI Worldwide in a report on Wednesday, October 8th. Wall Street Zen lowered ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Zacks Research lowered ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $60.00.

ACI Worldwide Stock Down 4.6%

NASDAQ:ACIW opened at $48.18 on Thursday. The firm has a market capitalization of $4.97 billion, a price-to-earnings ratio of 20.33 and a beta of 1.05. ACI Worldwide has a twelve month low of $40.45 and a twelve month high of $59.71. The stock’s 50 day moving average price is $49.99 and its two-hundred day moving average price is $48.52. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.62.

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

Institutional Trading of ACI Worldwide

Institutional investors have recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in ACI Worldwide in the 1st quarter valued at $25,000. Steward Partners Investment Advisory LLC boosted its stake in ACI Worldwide by 106.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 627 shares of the technology company’s stock valued at $29,000 after purchasing an additional 323 shares during the period. Ameritas Advisory Services LLC bought a new stake in ACI Worldwide in the 2nd quarter valued at $32,000. Wayfinding Financial LLC bought a new stake in ACI Worldwide in the 1st quarter valued at $39,000. Finally, Advisors Asset Management Inc. boosted its stake in ACI Worldwide by 68.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 733 shares of the technology company’s stock valued at $34,000 after purchasing an additional 298 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.