ACI Worldwide Inc. [ACIW] Analysis: Why ACIW Stock Is Skyrocketing Today

Over the past three months, ACI Worldwide Inc. [ACIW] ended the trading day at $36.92 and exhibited a change of 10.47% with a 24 hour trading and reached upto the volume of 1.15M compared to its recorded trading volume of 1.79 million. ACIW generated a 1 year amount change with -9.01%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 3.82% with an amount shift of 14.57% over the last month.

On 2, December 2020, Starboard Delivers Letter to ACI Worldwide. According to news published on Yahoo Finance, Urges the Board to Explore All Available Strategic Alternatives, Including a Sale of the Company.

Analyst Birdseye View:

The most recent analyst activity for ACI Worldwide Inc. [NASDAQ:ACIW] stock was on May 29, 2020, when it was Initiated with a Buy rating from Needham, which also raised its 12-month price target on the stock to $32. Before that, on September 17, 2020, Compass Point Recapitulated a Buy rating and elevated its amount target to $40. On February 18, 2020, Stephens Downgrade an Equal-weight rating. On December 19, 2019, Canaccord Genuity Initiated a Buy rating and increased its price target to $44. On September 12, 2019, BTIG Research Initiated a Buy rating. On March 08, 2019, Stephens Upgrade an Overweight rating and boosted its amount target on this stock to $38. On January 03, 2019, Stephens Downgrade an Equal-weight rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $20.03 and a peak of $39.37. Right now, the middling Wall Street analyst 12-month amount mark is $39.00. At the most recent market close, shares of ACI Worldwide Inc. [NASDAQ:ACIW] were valued at $36.92. According to the average price forecast, investors can expect a potential return of 1.1%.

FUNDAMENTAL ANALYSIS

ACI Worldwide Inc. [NASDAQ:ACIW] most recently reported quarterly sales of 315.88 billion, which represented growth of -11.00%. This publicly-traded organization’s revenue is $313,164 per employee, while its income is $16,690 per employee. This company’s Gross Margin is currently 50.70%, its Operating Margin is 11.10%, its Pretax Margin is +5.74, and its Net Margin is +5.33. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.49, 6.16, 6.76 and 3.17 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 56.35 and the whole liability to whole assets at 44.77. It shows enduring liability to the whole principal at 53.84 and enduring liability to assets at 0.43 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 32.85 points at 1st support level, the second support level is making up to 32.28. But as of 1st resistance point, this stock is sitting at 33.82 and at 34.22 for 2nd resistance point.

ACI Worldwide Inc. [ACIW] reported its earnings at $0.13 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.14/share signifying the difference of -0.01 and -7.10% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.12 calling estimates for -$0.05/share with the difference of 0.17 depicting the surprise of 340.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for ACI Worldwide Inc. [NASDAQ:ACIW] is 1.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.20. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.57, it’s amount to book ratio is 3.89 and showing 65.40 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Behrens Scott W, Chief Financial Officer, and it was the sale of 29952.0 shares on Nov 23. Saks Craig S, the Chief Strategy Officer, completed a sale of 5402.0 shares on Nov 11. On Aug 25, BYRNES DENNIS, EVP, General Counsel & Sec., completed a sale of 35133.0 shares.