NIC (EGOV) to Release Quarterly Earnings on Thursday
NIC (NASDAQ:EGOV) is set to issue its Q214 quarterly earnings data on Thursday, August 7th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $68.62 million for the quarter.
NIC (NASDAQ:EGOV) opened at 17.11 on Wednesday. NIC has a one year low of $15.00 and a one year high of $25.99. The stock’s 50-day moving average is $16.24 and its 200-day moving average is $18.20. The company has a market cap of $1.116 billion and a P/E ratio of 35.72.
A number of analysts have recently weighed in on EGOV shares. Analysts at Raymond James upgraded shares of NIC from an “outperform” rating to a “strong-buy” rating in a research note on Monday, July 14th. They now have a $23.00 price target on the stock. On the ratings front, analysts at Avondale Partners upgraded shares of NIC from a “market perform” rating to an “outperform” rating in a research note on Friday, July 11th. Finally, analysts at Imperial Capital cut their price target on shares of NIC from $24.00 to $21.00 in a research note on Tuesday, July 1st. They now have an “outperform” rating on the stock. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $19.84.
NIC Inc (NASDAQ:EGOV) is a provider of eGovernment services that assists governments use the Internet.
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