A number of other analysts have also recently issued reports on the company. BidaskClub cut Nice from a “buy” rating to a “hold” rating in a research report on Thursday, January 10th. Wedbush boosted their price objective on Nice to $145.00 in a research report on Friday, February 15th. Morgan Stanley boosted their price objective on Nice from $107.00 to $117.00 and gave the company an “equal weight” rating in a research report on Monday, January 7th. restated a “buy” rating and set a $125.00 price objective on shares of Nice in a research report on Thursday, February 14th. Finally, ValuEngine cut Nice from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 7th. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $127.70.
Shares of NICE stock opened at $130.83 on Thursday. Nice has a 12 month low of $93.05 and a 12 month high of $131.38. The company has a market cap of $7.71 billion, a PE ratio of 33.98, a price-to-earnings-growth ratio of 2.86 and a beta of 0.82. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.38 and a quick ratio of 1.38.
Nice (NASDAQ:NICE) last issued its quarterly earnings results on Thursday, February 14th. The technology company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.04. Nice had a return on equity of 9.15% and a net margin of 11.03%. The company had revenue of $420.00 million during the quarter, compared to analyst estimates of $417.05 million. During the same period in the previous year, the company earned $1.35 earnings per share. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. Equities analysts anticipate that Nice will post 4.35 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Liberty Wealth Management LLC bought a new stake in Nice in the fourth quarter valued at $27,000. CWM LLC grew its position in Nice by 261.5% in the fourth quarter. CWM LLC now owns 347 shares of the technology company’s stock valued at $38,000 after acquiring an additional 251 shares during the period. Financial Gravity Companies Inc. bought a new stake in Nice in the fourth quarter valued at $40,000. We Are One Seven LLC bought a new stake in Nice in the fourth quarter valued at $41,000. Finally, Whittier Trust Co. grew its position in Nice by 124.7% in the fourth quarter. Whittier Trust Co. now owns 427 shares of the technology company’s stock valued at $46,000 after acquiring an additional 237 shares during the period. Institutional investors and hedge funds own 45.18% 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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