In a report released today, George Sutton from Craig-Hallum assigned a Buy rating to ACI Worldwide (ACIW – Research Report). The company’s shares closed last Friday at $30.90.
Sutton covers the Technology sector, focusing on stocks such as Cantaloupe, MoneyLion, and Agilysys. According to TipRanks, Sutton has an average return of 11.6% and a 51.28% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ACI Worldwide with a $36.00 average price target.
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ACIW market cap is currently $3.36B and has a P/E ratio of 38.74.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ACIW in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
ACI Worldwide (ACIW) Company Description:
ACI Worldwide, Inc. engages in the development, marketing, installation, and support of software products and solutions primarily focused on facilitating real-time electronic payments. It operates through the following segments: ACI on Premise and ACI on Demand.. The ACI on Premise segment serves customers who manage their software on site. The ACI on Demand segment covers the needs of banks, financial intermediaries, merchants, and corporates who use payments to facilitate their core business. The company was founded in 1975 and is headquartered in Naples, FL.
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