Chart Of The Day: ACI Worldwide - Improved Profit And Buy-Backs

The Chart of the Day belongs to the software company ACI Worldwide (ACIW) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 6/17 the stock gained 9.15%.

(Click on image to enlarge)

ACIW Price vs Daily Moving AVerages

ACI Worldwide, Inc., a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating digital payments in the United States and internationally. The company operates in three segments: Banks, Merchants, and Billers. The company offers ACI Acquiring, a solution to process credit, debit, and prepaid card transactions, deliver digital innovation, and fraud prevention; ACI Issuing, a digital payment issuing solution for new payment offering; and ACI Enterprise Payments Platform that provides payment processing and orchestration capabilities for digital payments. It also provides ACI Low Value Real-Time Payments, a platform for processing real-time payments; and ACI High Value Real-Time Payments, a payments engine that offers multi-bank, multi-currency, 24x7 payment processing, and SWIFT messaging. In addition, the company offers ACI Payments Orchestration Platform for optimizing payments; omni-channel payment platform; ACI Fraud Management, a real-time approach to fraud management; and ACI Speedpay, an integrated suite of digital billing, payment, disbursement, and communication services. The company offers electronic bill presentment and payment services to consumer finance, insurance, healthcare, higher education, utility, government, telecommunications, and mortgage sectors; implementation services, include product installations and configurations, and custom software modifications; and business and technical consultancy, on-site support, product education, and testing services, as well as distributes or acts as a sales agent for software developed by third parties. It markets its products under the ACI Worldwide brand. The company was formerly known as Transaction Systems Architects, Inc. and changed its name to ACI Worldwide, Inc. in July 2007. The company was founded in 1975 and is based in Elkhorn, Nebraska.

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart Technical Indicators:

  • 100% technical buy signals
  • 77.37+ Weighted Alpha
  • 76.35% gain in the last year
  • Trend Seeker buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 13.90% in the last month
  • Relative Strength Index 76.58%
  • Technical support level at $38.96
  • Recently traded at $39.59 with 50 day moving average of $35.47

Fundamental Factors:

  • Market Cap $4.17 billion
  • P/E 19.44
  • Revenue expected to grow 9.60% this year and increase another 6.90% next year
  • Earnings estimated to increase 33.00% this year, an additional 21.50% next year and continue to compound at an annual rate of 12.00% for the next 5 years

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

  • Wall Street analysts issued 6 strong buy, and 1 hold recommendation
  • Analysts have price targets between $40 and $43 with a consensus at $41 about a 4% gain
  • Value Line rates the stock its highest rating of 1
  • CFRAs MarketScope has a strong buy rating
  • MorningStar gives the stock an average 3 star rating with a Fair Value of $41.40

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