ACI Worldwide Inc (NASDAQ: ACIW) has reported earnings for its fourth fiscal quarter (ending December 31) of $1.13 versus $0.81 for the same period a year ago — an increase of 40%. This performance was $0.01 better than the consensus estimate of $1.12. For the latest four quarters through December 31, E.P.S. were $1.12 versus $1.25 for the same period a year ago — a decline of -10%.
Recent Price Action
On 2/29/24, ACI Worldwide Inc (NASDAQ: ACIW) stock enjoyed a very large increase of 6.3%, closing at $32.91. Moreover, unusually high trading volume at 183% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 8.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ACIW is expected to continue to be an important Value Builder.
ACI Worldwide has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. ACI Worldwide has a slightly negative Appreciation Score of 31 but a very high Power Rating of 88, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
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