Analysts expect Nice Ltd (NASDAQ:NICE) to report earnings per share of $1.11 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Nice’s earnings, with estimates ranging from $1.10 to $1.13. Nice reported earnings per share of $1.03 during the same quarter last year, which would suggest a positive year over year growth rate of 7.8%. The company is expected to report its next earnings results on Thursday, May 9th.
On average, analysts expect that Nice will report full-year earnings of $5.17 per share for the current financial year, with EPS estimates ranging from $5.14 to $5.22. For the next year, analysts expect that the company will post earnings of $5.61 per share, with EPS estimates ranging from $5.52 to $5.70. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Nice.
Nice (NASDAQ:NICE) last issued its earnings results on Thursday, February 14th. The technology company reported $1.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.20 by $0.04. The company had revenue of $420.00 million during the quarter, compared to analysts’ expectations of $417.05 million. Nice had a return on equity of 9.15% and a net margin of 11.03%. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.35 EPS.
NICE has been the topic of several research reports. Morgan Stanley increased their target price on Nice from $107.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Monday, January 7th. Zacks Investment Research lowered Nice from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th. ValuEngine lowered Nice from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 7th. reissued a “buy” rating and set a $125.00 target price on shares of Nice in a research note on Thursday, February 14th. Finally, BidaskClub raised Nice from a “hold” rating to a “buy” rating in a research note on Tuesday, December 18th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $122.22.
A number of hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its position in shares of Nice by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 121,976 shares of the technology company’s stock worth $13,199,000 after buying an additional 2,230 shares during the period. FMR LLC boosted its position in shares of Nice by 63.8% in the fourth quarter. FMR LLC now owns 643,304 shares of the technology company’s stock worth $69,612,000 after buying an additional 250,650 shares during the period. APG Asset Management N.V. boosted its position in shares of Nice by 2.2% in the fourth quarter. APG Asset Management N.V. now owns 230,700 shares of the technology company’s stock worth $21,838,000 after buying an additional 5,000 shares during the period. Macquarie Group Ltd. purchased a new stake in shares of Nice in the fourth quarter worth about $246,000. Finally, Segall Bryant & Hamill LLC boosted its position in shares of Nice by 7.4% in the fourth quarter. Segall Bryant & Hamill LLC now owns 4,188 shares of the technology company’s stock worth $453,000 after buying an additional 288 shares during the period. 45.19% of the stock is currently owned by institutional investors.
Shares of NASDAQ:NICE opened at $117.66 on Friday. The firm has a market capitalization of $7.02 billion, a price-to-earnings ratio of 30.56, a P/E/G ratio of 2.60 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 1.34. Nice has a 52-week low of $88.74 and a 52-week high of $119.83.
NICE Ltd. provides enterprise software solutions worldwide. It 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 delivered in the cloud, as well as on premise.
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