ACIW Stock Summary and Trading Ideas (Aci Worldwide | NASDAQ:ACIW)

ACI Worldwide Inc develops, markets, and installs a portfolio of software products primarily focused on facilitating electronic payments. The firm also leverages its distribution network in the Americas; Europe, the Middle East, and Africa, or EMEA; and Asia-Pacific regions to sell software developed by third parties. ACI software products process payment transactions for retail banking clients, billers such as utilities and healthcare providers, and community banks and credit unions. ACI's customers are financial institutions all over the world, but most of the revenue is generated in the United States and EMEA regions.

Aci Worldwide trades on the NASDAQ stock market under the symbol ACIW.

As of September 25, 2023, ACIW stock price declined to $23.02 with 343,780 million shares trading.

ACIW has a beta of 1.19, meaning it tends to be more sensitive to market movements. ACIW has a correlation of 0.23 to the broad based SPY ETF.

ACIW has a market cap of $2.50 billion. This is considered a Mid Cap stock.

Last quarter Aci Worldwide reported $323 million in Revenue and $.15 earnings per share. This beat revenue expectation by $17 million and exceeded earnings estimates by $.29.

In the last 3 years, ACIW stock traded as high as $43.23 and as low as $19.68.

The top ETF exchange traded funds that ACIW belongs to (by Net Assets): VTI, IJH, VB, IWM, VBK.

ACIW stock has underperformed the market in the last year with a return of +10.1%, while SPY returned +17.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ACIW shares. However, ACIW has outperformed the market in the last 3 month and 2 week periods, returning +5.0% and -0.6%, while SPY returned -0.6% and -2.6%, respectively. This indicates ACIW has been having a stronger performance recently.

ACIW support price is $22.89 and resistance is $23.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACIW stock will trade within this expected range on the day.