Investors seemed to love ACI Worldwide’s explanation for why it acquired S1 Corp., as the New York-based acquirer’s stock price rose seven percent following an update issued this week. At nearly $40 a share, ACIW is trading near its 52-week high, and is up more than 38 percent since the start of 2012.
Two other major acquirer/processors — Fiserv and TSYS — also enjoyed strong weeks of trading, with their stock prices increasing 5.4 percent and 4.2 percent respectively over five days. Those three acquirers combined with the big four payment networks — Discover (6.8), MasterCard (6.3), American Express (4.5) and Visa (3.9) — to round out the top seven gainers among public companies in the payments industry.
Net 1 UEPS, a South Africa-based processor that trades on the NASDAQ (symbol: UEPS), was payments’ biggest loser for the week, as its shares fell more than three percent. The company is relatively small, with a market capitalization of roughly $375 million as of Friday.
Updates to each of PYMNTS.com’s Stock Indices are published below.
About the Bank Payment Indices
| |
Acquirer/
Processor |
Network |
POS Equipment/
Software |
Bank Payment |
Remittance |
Prepaid Issuer |
All Payments |
| Closing |
119.18 |
158.27 |
112.39 |
97.45 |
85.51 |
46.86 |
118.31 |
| Weekly Gain (#) |
4.79 |
7.51 |
2.97 |
1.29 |
1.16 |
0.61 |
3.33 |
| Weekly Gain (%) |
4.19% |
4.98% |
2.71% |
1.34% |
1.37% |
1.31% |
2.89% |
