NICE (NICE) Scheduled to Post Quarterly Earnings on Thursday

NICE (NASDAQ:NICE) will post its quarterly earnings results before the market opens on Thursday, August 15th. Analysts expect NICE to post earnings of $2.58 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

NICE (NASDAQ:NICE) last announced its quarterly earnings data on Thursday, May 16th. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.13. The business had revenue of $659.31 million during the quarter, compared to the consensus estimate of $654.81 million. NICE had a net margin of 14.92% and a return on equity of 14.05%. On average, analysts expect NICE to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

NICE Trading Up 3.3 %

NICE opened at $160.06 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.43 and a current ratio of 2.43. The stock’s 50 day moving average price is $171.37 and its 200-day moving average price is $207.53. NICE has a one year low of $149.54 and a one year high of $270.73. The stock has a market cap of $10.06 billion, a price-to-earnings ratio of 28.89, a P/E/G ratio of 1.44 and a beta of 1.04.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Morgan Stanley reduced their target price on NICE from $290.00 to $240.00 and set an “overweight” rating on the stock in a research note on Friday, June 14th. Bank of America dropped their target price on NICE from $300.00 to $270.00 and set a “buy” rating on the stock in a research report on Friday, May 17th. Wedbush reissued an “outperform” rating and issued a $250.00 price target on shares of NICE in a research report on Wednesday, June 12th. JMP Securities reaffirmed a “market outperform” rating and set a $300.00 price objective on shares of NICE in a research report on Wednesday, June 12th. Finally, Barclays reduced their target price on shares of NICE from $320.00 to $286.00 and set an “overweight” rating for the company in a report on Thursday, July 25th. Sixteen research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $269.64.

About NICE

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.