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

ACI Worldwide Inc develops, markets, and installs a portfolio of software products 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 majority 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 April 17, 2024, ACIW stock price climbed to $31.49 with 500,329 million shares trading.

ACIW has a beta of 1.59, meaning it tends to be more sensitive to market movements. ACIW has a correlation of 0.32 to the broad based SPY ETF.

ACIW has a market cap of $3.42 billion. This is considered a Mid Cap stock.

Last quarter Aci Worldwide reported $477 million in Revenue and $1.27 earnings per share. This fell short of revenue expectation by $-937,000 and exceeded earnings estimates by $.30.

In the last 3 years, ACIW stock traded as high as $41.16 and as low as $19.56.

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

ACIW has underperformed the market in the last year with a return of +20.7%, while the SPY ETF gained +23.0%. In the last 3 month period, ACIW fell short of the market, returning +4.8%, while SPY returned +5.7%. However, in the most recent 2 weeks ACIW has outperformed the stock market by returning -2.6%, while SPY returned -3.5%.

ACIW support price is $30.83 and resistance is $31.97 (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.