NICE Ltd. (NASDAQ:NICE – Get Free Report) has earned a consensus recommendation of “Buy” from the fifteen analysts that are covering the firm, MarketBeat Ratings reports. Fifteen analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have covered the stock in the last year is $269.64.
NICE has been the topic of a number of analyst reports. Barclays dropped their price target on NICE from $320.00 to $286.00 and set an “overweight” rating on the stock in a research note on Thursday, July 25th. Royal Bank of Canada boosted their price target on shares of NICE from $230.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, August 16th. Morgan Stanley decreased their price objective on shares of NICE from $290.00 to $240.00 and set an “overweight” rating for the company in a research note on Friday, June 14th. StockNews.com downgraded shares of NICE from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 14th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $300.00 target price on shares of NICE in a research report on Friday, August 16th.
Get Our Latest Stock Analysis on NICE
Institutional Investors Weigh In On NICE
NICE Stock Down 0.6 %
NASDAQ NICE opened at $164.89 on Monday. NICE has a 12 month low of $149.54 and a 12 month high of $270.73. The company has a market capitalization of $10.37 billion, a P/E ratio of 29.76, a PEG ratio of 1.31 and a beta of 1.04. The company’s 50 day simple moving average is $171.96 and its 200 day simple moving average is $196.15. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.45 and a quick ratio of 2.45.
NICE (NASDAQ:NICE – Get Free Report) last posted its quarterly earnings results on Thursday, August 15th. The technology company reported $2.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.58 by $0.06. The company had revenue of $664.40 million for the quarter, compared to analysts’ expectations of $664.10 million. NICE had a return on equity of 14.68% and a net margin of 15.55%. The firm’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.63 earnings per share. Equities research analysts expect that NICE will post 8.5 earnings per share for the current fiscal year.
NICE Company Profile
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.
Featured Stories
- Five stocks we like better than NICE
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- 3 Stocks That Could Rise on European Bank Interest Rate Cuts
- Golden Cross Stocks: Pattern, Examples and Charts
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- The Basics of Support and Resistance
- MarketBeat Week in Review – 9/16 – 9/20
Receive News & Ratings for NICE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NICE and related companies with MarketBeat.com's FREE daily email newsletter.