A new trading day began on November 20, 2023, with ACI Worldwide Inc (NASDAQ: ACIW) stock priced at $25.70, up 3.07% from the previous day of trading. During the day, the shares moved up to $26.55 and dropped to $25.61 before settling in for the closing price of $25.73. ACIW’s price has ranged from $19.56 to $29.14 over the past 52 weeks.
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Annual sales at Technology sector company grew by 7.14% over the past five years. Meanwhile, its annual earnings per share averaged -21.57%. With a float of $107.30 million, this company’s outstanding shares have now reached $108.07 million.
Let’s look at the performance matrix of the company that is accounted for 3349 employees. In terms of profitability, gross margin is +42.14, operating margin of +14.55, and the pretax margin is +14.53.
ACI Worldwide Inc (ACIW) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of ACI Worldwide Inc is 1.31%, while institutional ownership is 97.69%. The most recent insider transaction that took place on Aug 08, was worth 79,551. In this transaction Chief Product Officer of this company sold 3,426 shares at a rate of $23.22, taking the stock ownership to the 51,724 shares. Before that another transaction happened on Jun 07, when Company’s Director, President and CEO bought 3,333 for $24.16, making the entire transaction worth $80,535. This insider now owns 178,307 shares in total.
ACI Worldwide Inc (ACIW) Performance Highlights and Predictions
In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.35 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +10.00 while generating a return on equity of 11.66. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -21.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 98.88% growth over the previous five years of trading.
ACI Worldwide Inc (NASDAQ: ACIW) Trading Performance Indicators
Here are ACI Worldwide Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.02. Likewise, its price to free cash flow for the trailing twelve months is 25.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.80, a number that is poised to hit 0.98 in the next quarter and is forecasted to reach 1.28 in one year’s time.
Technical Analysis of ACI Worldwide Inc (ACIW)
ACI Worldwide Inc (NASDAQ: ACIW) saw its 5-day average volume 1.02 million, a positive change from its year-to-date volume of 0.77 million. As of the previous 9 days, the stock’s Stochastic %D was 66.15%. Additionally, its Average True Range was 0.87.
During the past 100 days, ACI Worldwide Inc’s (ACIW) raw stochastic average was set at 94.31%, which indicates a significant increase from 94.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.64% in the past 14 days, which was higher than the 37.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.65, while its 200-day Moving Average is $23.97. Nevertheless, the first resistance level for the watch stands at $26.84 in the near term. At $27.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.78. If the price goes on to break the first support level at $25.90, it is likely to go to the next support level at $25.29. Assuming the price breaks the second support level, the third support level stands at $24.96.
ACI Worldwide Inc (NASDAQ: ACIW) Key Stats
With a market capitalization of 2.88 billion, the company has a total of 108,723K Shares Outstanding. Currently, annual sales are 1,422 M while annual income is 142,180 K. The company’s previous quarter sales were 363,020 K while its latest quarter income was 37,910 K.