ACI Worldwide (ACIW) : The consensus on ACI Worldwide (ACIW) based on 6 analyst recommendation on the company stock is 2.33, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
ACI Worldwide (ACIW) stock is expected to deviate a maximum of $2.75 from the average target price of $23.25 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $26 and the most muted being $20.
Company shares have received an average consensus rating of Hold for the current week ACI Worldwide (NASDAQ:ACIW): The stock opened at $19.11 on Thursday but the bulls could not build on the opening and the stock topped out at $19.21 for the day. The stock traded down to $18.99 during the day, due to lack of any buying support eventually closed down at $19.05 with a loss of -0.26% for the day. The stock had closed at $19.10 on the previous day. The total traded volume was 713,729 shares.
In a related news, The Securities and Exchange Commission has divulged that Warsop Thomas W Iii, director of Aci Worldwide, Inc., had unloaded 4,500 shares at an average price of $20.83 in a transaction dated on June 15, 2016. The total value of the transaction was worth $93,735.
ACI Worldwide, Inc. develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Companys suite of software products and hosted services deliver a range of solutions for payments processing, card and merchant management, electronic bill presentment and payment (EBPP), online banking, mobile, branch and voice banking, fraud detection and trade finance. The Companys services include implementation services, product support services, technical services, education services, testing services, expert services consultancy and facilities management services. It offers various solutions, including its retail and wholesale payment engines, risk management, biller, retailers and online banking products. It caters to financial institutions, including global, national, regional, and community banks and credit unions; processors; retailers, and billers.