|Bid||0.00 x 900|
|Ask||39.68 x 1000|
|Day's Range||37.21 - 38.33|
|52 Week Range||27.96 - 39.37|
|Beta (5Y Monthly)||1.34|
|PE Ratio (TTM)||44.78|
|Earnings Date||Feb 25, 2020 - Mar 01, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.20|
Shares of electronic payment provider ACI Worldwide Inc. tumbled 7% Tuesday, as analysts weighed in on a revenue warning issued late Monday. Naples, Fla.-based ACI lowered its full-year revenue guidance to a range of $1.255 billion to $1.265 billion from a prior $1.315 billion to $1.345 billion, after a large customer expansion contract was left unsigned in December. "We expect double digit revenue growth in 2020 and are reiterating our previously issued 2020 adjusted EBITDA guidance," Interim Chief Executive Craig Saks said in a statement. The company is expecting 2020 revenue to range from $1.48 billion to $1.51 billion, he said, not including the unsigned contract. BTIG analysts said the 2020 range is below Street consensus of $1.52 billion and the midpoint would represent growth of 18.7%, down from the more than 20% growth implied by the revised 2019 guidance. The analysts, who rate the stock a buy with a $40 price target, said investors should wait to hear if the missed contract signing will impact five-year financial targets. On a conference call with analysts, Saks said the contract in question was an expansion of an existing relationship that the company had expected would materialize in December. "We are optimistic that this deal will materialize at some point, but we are not including it in our 2020 guidance due to uncertainty as to timing," he said. The executive did not take questions as the company is in its quiet period ahead of earnings, expecting to be released next month. Shares have gained 31% in the last 12 months, while the S&P 500 has gained 27%.
ACI Worldwide’s UP Merchant Payments Achieves Oracle Validated Integration with Oracle’s Retail (POS) Solution
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that ICA Banken, one of Sweden’s leading banks, will implement ACI’s UP Merchant Payments solution to better serve ICA merchants.
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
ACI Worldwide’s Latest Release of ACI Speedpay Enriches Digital Bill Payment Options and Improves Customer Experience
ACI Worldwide, Inc. (NASDAQ:ACIW), which is in the software business, and is based in United States, received a lot of...
ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced its integration with Salesforce Commerce Cloud, which provides personalized experiences for shoppers that span web, mobile, social and in-store. The integration allows customers to quickly deploy ACI’s UP eCommerce Payments and fraud management solution in Salesforce Commerce Cloud.
ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that it has officially joined the U.S. Faster Payments Council (FPC), a membership organization that seeks to enable Americans to safely and securely pay anyone, anywhere, at any time with near-immediate funds availability. As a member of the council, ACI supports its aim of facilitating faster payments ubiquity in the U.S. A recognized expert in faster payments, ACI has been a global leader in payments technology for more than 40 years.
ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced a global strategic collaboration with Microsoft via the Microsoft Partner Network to support the payments industry’s rapid adoption of technology deployed in the public cloud. As one of Microsoft’s top 10 global ISV partners in the financial services industry, ACI will support the company’s industry growth and extend the reach of its own market-leading Universal Payments portfolio through Microsoft Azure.
ACI Worldwide Inc. (ACIW) (“ACI” or the “Company”), a leading global provider of real-time electronic payment and banking solutions, today announced that Philip Heasley has notified the Company’s Board of Directors that he will retire as President and Chief Executive Officer and as a member of the Board, effective as of December 31, 2019. As part of its ongoing succession planning activities, the Board has been working with executive search firm Russell Reynolds to assist it in identifying potential CEO candidates.
ACI Worldwide , a leading global provider of real-time electronic payment and banking solutions, announced today that company management will attend the following inv
Nexi, a leading provider of digital payments technology for banks in Italy, and ACI Worldwide (ACIW), a global leader in real-time electronic and banking payment solutions, have joined forces to offer merchant customers of Nexi’s partner banks innovative payment services at the point-of-sale (POS).
ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced an extension of its long-term relationship with Cardtronics, the world’s largest ATM operator. Cardtronics, a long-time ACI customer, is modernizing its offerings for merchants and financial service providers through ACI’s UP Retail Payments solution – an integrated platform for all payment channels. Cardtronics has long relied upon ACI’s Postilion integrated payments engine.
By buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with...
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 20% in 2019 (through September 30th). Conversely, hedge […]