ACI Worldwide, Inc.’s (NASDAQ:ACIW) Business Is Yet to Catch Up With Its Share Price
It’s not a stretch to say that ACI Worldwide, Inc.’s (NASDAQ:ACIW) price-to-earnings (or “P/E”) ratio of 18x right now seems quite “middle-of-the-road” compared to the market in the United States, where the median P/E ratio is around 18x. Although, it’s not wise to simply ignore the P/E without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
With earnings growth that’s superior to most other companies of late, ACI Worldwide has been doing relatively well. One possibility is that the P/E is moderate because investors think this strong earnings performance might be about to tail…
