ACI Worldwide (ACIW) Crumbles: Stock Falls by 6.6%

Zacks

ACI Worldwide, Inc. (ACIW) saw a big move last session, as the company’s shares fell nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for ACIW, as the stock is now down more than 12% in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

ACIW currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the technology sector include Cadence Design Systems Inc. (CDNS), Open Text Corporation (OTEX) and PTC Inc. (PTC).All these stocks carry a Zacks Rank #1 (Strong Buy).

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ACI WORLDWIDE INC (ACIW): Free Stock Analysis Report

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PTC INC (PTC): Free Stock Analysis Report


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