Other equities analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of Nice from a hold rating to a buy rating and set a $105.00 price target for the company in a research note on Wednesday, January 10th. Oppenheimer reaffirmed a buy rating and set a $100.00 price target (up from $90.00) on shares of Nice in a research note on Wednesday, December 13th. BidaskClub cut shares of Nice from a hold rating to a sell rating in a research note on Tuesday, December 19th. Citigroup reiterated an outperform rating and set a $100.00 price objective (up previously from $90.00) on shares of Nice in a report on Wednesday, December 13th. They noted that the move was a valuation call. Finally, Jefferies Group upgraded shares of Nice from a hold rating to a buy rating and set a $87.00 price objective for the company in a report on Thursday, January 18th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of Hold and an average target price of $93.86.
Nice (NICE) traded up $0.58 during mid-day trading on Friday, hitting $96.30. 100,084 shares of the company were exchanged, compared to its average volume of 171,810. Nice has a 52-week low of $65.72 and a 52-week high of $98.48. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.28 and a current ratio of 1.32. The stock has a market cap of $5,880.00, a PE ratio of 41.87, a PEG ratio of 2.99 and a beta of 0.71.
Nice (NASDAQ:NICE) last released its quarterly earnings results on Thursday, February 15th. The technology company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.50. Nice had a net margin of 10.76% and a return on equity of 10.45%. The firm had revenue of $392.24 million during the quarter, compared to analysts’ expectations of $390.90 million. equities research analysts predict that Nice will post 2.59 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Eagle Global Advisors LLC lifted its holdings in Nice by 0.7% during the 4th quarter. Eagle Global Advisors LLC now owns 83,635 shares of the technology company’s stock valued at $7,687,000 after buying an additional 585 shares in the last quarter. Eagle Boston Investment Management Inc. raised its holdings in shares of Nice by 14.8% in the 4th quarter. Eagle Boston Investment Management Inc. now owns 4,942 shares of the technology company’s stock valued at $436,000 after purchasing an additional 637 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Nice by 16.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,014 shares of the technology company’s stock valued at $395,000 after purchasing an additional 724 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Nice by 22.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 5,460 shares of the technology company’s stock valued at $444,000 after purchasing an additional 1,013 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. raised its holdings in shares of Nice by 99.5% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,065 shares of the technology company’s stock valued at $190,000 after purchasing an additional 1,030 shares in the last quarter. Institutional investors own 45.91% of the company’s stock.
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Nice Company Profile
NICE Ltd., formerly NICE-Systems Ltd., is a global enterprise software provider. The Company’s segments include Customer Interactions Solutions, and Financial Crime and Compliance Solutions. The Customer Interactions Solutions segment provides data driven insights that enable businesses to deliver personalized experience to customers.
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