Several other equities analysts have also recently issued reports on NICE. Oppenheimer set a $119.00 price objective on American Express and gave the stock a buy rating in a research note on Wednesday, April 17th. Barclays reduced their price objective on Waters from $218.00 to $210.00 and set an equal weight rating on the stock in a research note on Wednesday, April 24th. Zacks Investment Research cut Horiba from a hold rating to a sell rating in a research note on Wednesday, May 22nd. JMP Securities raised their price objective on Nice from $140.00 to $164.00 and gave the stock a market outperform rating in a research note on Friday, May 17th. Finally, JPMorgan Chase & Co. set a €8.75 ($10.17) price objective on Commerzbank and gave the stock a buy rating in a research note on Thursday, April 18th. Five analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of $145.25.
NICE stock opened at $145.96 on Tuesday. Nice has a twelve month low of $100.54 and a twelve month high of $146.89. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 1.31. The firm has a market capitalization of $8.82 billion, a P/E ratio of 37.91, a P/E/G ratio of 3.24 and a beta of 0.75. The stock’s 50 day moving average is $139.50.
Nice (NASDAQ:NICE) last announced its quarterly earnings data on Thursday, May 16th. The technology company reported $1.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.27. Nice had a return on equity of 10.83% and a net margin of 11.63%. The firm had revenue of $377.00 million for the quarter, compared to analysts’ expectations of $375.18 million. During the same period last year, the business posted $1.03 earnings per share. The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. On average, research analysts forecast that Nice will post 4.39 EPS for the current fiscal year.
Hedge funds have recently bought and sold shares of the business. Financial Gravity Wealth Inc. bought a new stake in Nice in the first quarter valued at $26,000. Liberty Wealth Management LLC bought a new stake in shares of Nice during the fourth quarter valued at about $27,000. Pinnacle Bank raised its stake in shares of Nice by 44.5% during the second quarter. Pinnacle Bank now owns 315 shares of the technology company’s stock valued at $43,000 after purchasing an additional 97 shares in the last quarter. Zions Bancorporation N.A. bought a new stake in shares of Nice during the first quarter valued at about $53,000. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. bought a new stake in shares of Nice during the first quarter valued at about $96,000. Institutional investors own 45.92% of the company’s stock.
Nice Company Profile
NICE Ltd. provides enterprise software solutions worldwide. The company operates in two segments, Customer Engagement, and Financial Crime and Compliance. The Customer Engagement segment offers platform and solutions that empower businesses to deliver consistent and personalized experience across the customer journey, and optimize business performance and ensure compliance.
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