ACI Worldwide Inc. (NASDAQ:ACIW) finished Friday with a subtraction of -$0.14 to close at $23.00, a downside of -0.61 percent. An average of 808,360 shares of common stock have been traded in the last five days. There was a gain of $1.69 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 1,013,275 shares traded, while the 50-day average volume stands at 1,013,274.
ACIW stock has increased by 10.05% in the last month. The company shares reached their 1-month lowest point of $20.02 on 12/16/22. With the stock rallying to its 52-week high on 01/05/22, shares of the company touched a low of $19.68 and a high of $35.87 in 52 weeks. It has reached a new high 3 times so far this year and lost -33.72% or -$11.70 in price. In spite of this, the price is down -35.88% from the 52-week high.
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ACI Worldwide Inc. (ACIW) has a trailing price-to-earnings (P/E) ratio of 16.69. The stock’s beta is 1.07. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.74, the price-to-book (PB) ratio at 2.18, and the price-to-cash flow ratio at 15.79.
The quick ratio of ACI Worldwide Inc. for the three months ended June 29 was 1.20, and the current ratio was 1.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.79 and a total debt to equity ratio of 0.84 for the quarter ending June 29. Its gross profit as reported stood at $731.73 million compared to revenue of $1.37 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, ACI Worldwide Inc.’s return on assets was 5.00%.
For the three-month period that ended June 29, ACI Worldwide Inc. had $947.75 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $23.12 million in the quarter, while revenues of $13.34 million were grew 40.48%. The analyst consensus anticipated ACI Worldwide Inc.’s latest quarter earnings to come in at $0.12 per share, but it turned out to be $0.12, a 0.00% surprise. For the quarter, EBITDA amounted to $39.57 million. Shareholders own equity worth $112.37 million.
From a technical analysis perspective, let’s take a brief look at ACI Worldwide Inc. (ACIW) price momentum. RSI 9-day as of the close on 30 December was 73.08%, suggesting the stock is Overbought, with historical volatility in this time frame at 24.78%.
As of today, ACIW’s price is $22.49 +7.93% or $1.69 from its 5-day moving average. ACIW is currently trading +6.58% higher than its 20-day SMA and -11.06% lower than its 100-day SMA. However, the stock’s current price level is +3.98% above the SMA50 and -29.94% below the SMA200.
The stochastic %K and %D were 90.67% and 92.32%, respectively, and the average true range (ATR) was 0.69. With the 14-day stochastic at 92.83% and the average true range at 0.73, the RSI (14) stands at 66.08%. The stock has reached 0.89 on the 9-day MACD Oscillator while the 14-day reading was at 1.32.
Needham downgraded ACI Worldwide Inc. (NASDAQ: ACIW) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for ACI Worldwide Inc. (ACIW) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ACIW, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 others rate it as a “buy”.
What is ACIW’s price target for the next 12 months?
Analysts predict a range of price targets between $27.00 and $40.00, with a median target of $30.00. Taking a look at these predictions, the average price target given by analysts for ACI Worldwide Inc. (ACIW) stock is $31.40.