Nice Ltd (NASDAQ:NICE) has been assigned a consensus recommendation of “Buy” from the fourteen brokerages that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $145.25.
Several research analysts have commented on the stock. JMP Securities upped their price objective on shares of Nice from $140.00 to $164.00 and gave the stock a “market outperform” rating in a report on Friday, May 17th. Wedbush restated a “hold” rating and issued a $1.00 price objective on shares of Regulus Therapeutics in a report on Thursday, May 16th. BidaskClub lowered shares of Vertex Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research lowered shares of Horiba from a “hold” rating to a “sell” rating in a report on Wednesday, May 22nd. Finally, Oppenheimer set a $119.00 price objective on shares of American Express and gave the stock a “buy” rating in a report on Wednesday, April 17th.
NICE traded up $1.10 during trading on Friday, hitting $147.06. 9,742 shares of the stock traded hands, compared to its average volume of 167,687. The company has a market cap of $8.89 billion, a price-to-earnings ratio of 38.19, a P/E/G ratio of 3.24 and a beta of 0.75. 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 company has a 50-day moving average price of $139.50. Nice has a 12-month low of $100.54 and a 12-month high of $146.89.
Nice (NASDAQ:NICE) last issued its quarterly earnings data on Thursday, May 16th. The technology company reported $1.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.27. Nice had a net margin of 11.63% and a return on equity of 10.83%. The business had revenue of $377.00 million during the quarter, compared to analyst estimates of $375.18 million. During the same period in the prior year, the business earned $1.03 EPS. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. As a group, equities research analysts expect that Nice will post 4.39 EPS for the current fiscal year.
Several institutional investors have recently modified their holdings of NICE. Financial Gravity Wealth Inc. bought a new position in shares of Nice in the 1st quarter worth about $26,000. Liberty Wealth Management LLC bought a new position in shares of Nice in the 4th quarter worth about $27,000. Pinnacle Bank increased its stake in shares of Nice by 44.5% in the 2nd quarter. Pinnacle Bank now owns 315 shares of the technology company’s stock worth $43,000 after acquiring an additional 97 shares in the last quarter. Zions Bancorporation N.A. bought a new position in shares of Nice in the 1st quarter worth about $53,000. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. bought a new position in shares of Nice in the 1st quarter worth about $96,000. Institutional investors own 45.92% of the company’s stock.
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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