With 1.29 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.83 million shares. The 52-week range on ACIW shows that it touched its highest point at $59.71 and its lowest point at $33.31 during that stretch. It currently has a 1-year price target of $66.20. Beta for the stock currently stands at 1.10.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ACIW was down-trending over the past week, with a drop of -4.72%, but this was down by -10.03% over a month. Three-month performance dropped to -8.09% while six-month performance fell -14.86%. The stock gained 24.62% in the past year, while it has lost -10.48% so far this year. A look at the trailing 12-month EPS for ACIW yields 2.54 with Next year EPS estimates of 2.49. For the next quarter, that number is 0.09. This implies an EPS growth rate of 23.21% for this year and 5.81% for next year. EPS is expected to grow by 10.69% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.52%.
Float and Shares Shorts:
At present, 105.27 million ACIW shares are outstanding with a float of 103.31 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ACIW since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.60058 being high and $1.53954 being low. For ACIW, this leads to a yearly average estimate of $1.56667.
