Equities research analysts predict that Nice Systems Ltd. (NASDAQ:NICE) will post $0.32 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Nice Systems’ earnings, with the lowest EPS estimate coming in at $0.27 and the highest estimate coming in at $0.37. Nice Systems posted earnings per share of $0.68 in the same quarter last year, which would suggest a negative year-over-year growth rate of 52.9%. The company is expected to report its next earnings report on Thursday, July 27th.

According to Zacks, analysts expect that Nice Systems will report full year earnings of $1.75 per share for the current fiscal year, with EPS estimates ranging from $1.59 to $1.91. For the next financial year, analysts forecast that the business will report earnings of $2.24 per share, with EPS estimates ranging from $2.07 to $2.40. Zacks’ earnings per share calculations are an average based on a survey of analysts that that provide coverage for Nice Systems.

Nice Systems (NASDAQ:NICE) last announced its quarterly earnings results on Thursday, May 4th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.11. Nice Systems had a net margin of 9.05% and a return on equity of 12.81%. The company had revenue of $305.62 million during the quarter, compared to the consensus estimate of $308.97 million.

Several research analysts have issued reports on the company. Citigroup Inc. assumed coverage on Nice Systems in a research note on Wednesday, June 7th. They set a “neutral” rating and a $82.00 price objective for the company. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $80.00 price objective on shares of Nice Systems in a research note on Friday, May 12th. Finally, Zacks Investment Research lowered Nice Systems from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 11th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $76.75.

Shares of Nice Systems (NASDAQ:NICE) traded up 0.79% during trading on Friday, hitting $79.56. 45,768 shares of the stock traded hands. Nice Systems has a 52 week low of $59.07 and a 52 week high of $81.16. The company has a market cap of $4.78 billion, a price-to-earnings ratio of 49.11 and a beta of 0.84. The firm’s 50-day moving average price is $76.42 and its 200-day moving average price is $70.34.

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Several hedge funds have recently made changes to their positions in the stock. World Asset Management Inc raised its stake in shares of Nice Systems by 1.2% in the first quarter. World Asset Management Inc now owns 3,742 shares of the technology company’s stock worth $254,000 after buying an additional 43 shares during the period. United Capital Financial Advisers LLC raised its stake in shares of Nice Systems by 0.5% in the first quarter. United Capital Financial Advisers LLC now owns 20,633 shares of the technology company’s stock worth $1,403,000 after buying an additional 98 shares during the period. Fisher Asset Management LLC raised its stake in shares of Nice Systems by 0.3% in the first quarter. Fisher Asset Management LLC now owns 84,057 shares of the technology company’s stock worth $5,714,000 after buying an additional 220 shares during the period. Asset Management One Co. Ltd. raised its stake in shares of Nice Systems by 12.8% in the first quarter. Asset Management One Co. Ltd. now owns 2,650 shares of the technology company’s stock worth $180,000 after buying an additional 300 shares during the period. Finally, Comerica Bank raised its stake in shares of Nice Systems by 10.3% in the fourth quarter. Comerica Bank now owns 3,690 shares of the technology company’s stock worth $255,000 after buying an additional 344 shares during the period. Institutional investors own 43.09% of the company’s stock.

Nice Systems 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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