Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $23.33 on ACI Worldwide, Inc. (NASDAQ:ACIW) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.54 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of ACI Worldwide, Inc. (NASDAQ:ACIW) stands at 16.39.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For ACI Worldwide, Inc., the PEG ratio for coming 3-5 years is 3.33.
The technical analysis highlights that ACI Worldwide, Inc. current is trading $-1.11 points away or -5.80% from its 50-day moving average of $19.11. Further it is trading $-1.60 or -8.15% away its 200-day moving average of $19.60.
The 52-week high of ACI Worldwide, Inc. (NASDAQ:ACIW) was $24.61 while lowest point recorded in 52-week was $15.07. It implies if stock price makes a movement of over $-6.61, it will record a new 52-week high. In the case of +19.44% drop, it will touch a new 52-week low.
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