Can ACI Worldwide (ACIW) Run Higher on Rising Earnings Estimates?

Core Viewpoint - ACI Worldwide (ACIW) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price momentum [1][2]. Earnings Estimates - The current quarter's earnings estimate for ACI Worldwide is projected at $0.33 per share, reflecting a significant increase of +230% compared to the same quarter last year [5]. - Over the past 30 days, the Zacks Consensus Estimate for ACI Worldwide has risen by 283.33%, with no negative revisions reported [5]. - For the full year, the expected earnings per share is$ 2.73, indicating a year-over-year growth of +3.41% [6]. - The consensus estimate for the current year has increased by 5.77% due to two upward revisions and no negative changes [7]. Analyst Sentiment - There is strong agreement among analysts in raising earnings estimates for ACI Worldwide, contributing to a more favorable outlook [3]. - The Zacks Rank system currently rates ACI Worldwide as 1 (Strong Buy), indicating a positive sentiment among analysts [8]. Stock Performance - ACI Worldwide shares have appreciated by 8% over the past four weeks, suggesting investor confidence in the company's earnings growth prospects [9].