Nice Systems Reaches New 12-Month High at $39.38 (NICE)
Nice Systems (NASDAQ:NICE)’s share price reached a new 52-week high during trading hours on Monday, Analyst Ratings.Net reports. The company traded as high as $39.38 and last traded at $39.24, with a volume of 192,506 shares traded. The stock had previously closed at $39.00.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Nice Systems (NASDAQ:NICE) from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, August 6th. They now have a $42.60 price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Nice Systems (NASDAQ:NICE) from $44.50 to $47.00 in a research note to investors on Tuesday, July 30th. They now have an “overweight” rating on the stock.
Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $42.77.
Nice Systems has a 52 week low of $30.51 and a 52 week high of $39.38. The stock’s 50-day moving average is $38.17 and its 200-day moving average is $36.96. The company has a market cap of $2.354 billion and a P/E ratio of 28.80.
Nice Systems (NASDAQ:NICE) last released its earnings data on Wednesday, August 7th. The company reported $0.61 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.62 by $0.01. The company had revenue of $225.00 million for the quarter, compared to the consensus estimate of $226.93 million. During the same quarter last year, the company posted $0.57 earnings per share. Nice Systems’s revenue was up 6.0% compared to the same quarter last year. On average, analysts predict that Nice Systems will post $2.59 earnings per share for the current fiscal year.
NICE-Systems Ltd. (NASDAQ:NICE) is a provider of solutions that enable enterprises and security organizations to extract insight from interactions, transactions and surveillance.
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