ACI Worldwide Inc (ACIW) stock price forecast predicts $30.5 value

ACI Worldwide Inc [ACIW] stock prices are up 6.26% to $32.91 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ACIW shares have gain 7.69% over the last week, with a monthly amount glided 6.57%, and seem to be holding up well over a long-time horizon.

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On 29, February 2024, ACI Worldwide, Inc. Reports Financial Results for the Quarter and Full Year Ended December 31, 2023. In a post published today on Yahoo Finance, Q4 2023 HIGHLIGHTS.

From an analyst’s perspective:

ACI Worldwide Inc [NASDAQ: ACIW] stock has seen the most recent analyst activity on November 21, 2023, when Seaport Research Partners initiated its Buy rating and assigned the stock a price target of $31. Previously, Needham downgraded its rating to Hold on November 02, 2022. On July 15, 2022, Stephens initiated with a Overweight rating and assigned a price target of $31 on the stock. Compass Point started tracking the stock assigning a Buy rating and suggested a price target of $40 on September 17, 2020. Needham initiated its recommendation with a Buy and recommended $32 as its price target on May 29, 2020. Stephens downgraded its rating to Equal-Weight for this stock on February 18, 2020. In a note dated December 19, 2019, Canaccord Genuity initiated an Buy rating and provided a target price of $44 on this stock.

The stock price of ACI Worldwide Inc [ACIW] has been fluctuating between $19.56 and $31.88 over the past year. Currently, Wall Street analysts expect the stock to reach $30.5 within the next 12 months. ACI Worldwide Inc [NASDAQ: ACIW] shares were valued at $32.91 at the most recent close of the market. An investor can expect a potential drop of -7.32% based on the average ACIW price forecast.

Analyzing the ACIW fundamentals

The ACI Worldwide Inc [NASDAQ:ACIW] reported sales of 1.43B for trailing twelve months, representing a surge of 18.40%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.1 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.81.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.73 points at the first support level, and at 30.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.76, and for the 2nd resistance point, it is at 34.61.

ACI Worldwide Inc [ACIW] reported earnings per share of $0.35 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.12/share, meaning a difference of $0.23 and a surprise factor of 191.70%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.06 per share as compared to estimates of -$0.14 per share, a difference of $0.08 representing a surprise of 57.10%.

Ratios To Look Out For

It’s worth pointing out that ACI Worldwide Inc [NASDAQ:ACIW]’s Current Ratio is 1.30. On the other hand, the Quick Ratio is 1.30, and the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 2.51, the price to book ratio is 2.95 and price to earnings (TTM) ratio is 41.26.

Transactions by insiders

Recent insider trading involved Silva Alessandro, Chief Revenue Officer, that happened on Dec 04 when 17817.0 shares were sold. Chief Financial Officer, Behrens Scott W completed a deal on Dec 01 to sell 35003.0 shares. Meanwhile, Chief Product Officer Guerra Deborah L sold 3426.0 shares on Aug 08.

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