Brokerages expect that Nice Ltd (NASDAQ:NICE) will post earnings per share (EPS) of $0.32 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Nice’s earnings. The lowest EPS estimate is $0.27 and the highest is $0.37. Nice reported earnings per share of $0.68 in the same quarter last year, which indicates a negative year-over-year growth rate of 52.9%. The company is expected to issue its next earnings report before the market opens on Thursday, August 3rd.

On average, analysts expect that Nice 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 fiscal year, analysts forecast that the firm will report earnings of $2.24 per share, with EPS estimates ranging from $2.07 to $2.40. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Nice.

Nice (NASDAQ:NICE) last issued its quarterly earnings data on Thursday, May 4th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.11. Nice had a return on equity of 8.04% and a net margin of 9.26%. The business had revenue of $305.62 million for the quarter, compared to the consensus estimate of $308.97 million.

Several analysts recently commented on the company. Zacks Investment Research upgraded Nice from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 6th. Citigroup Inc. began coverage on Nice in a research report on Wednesday, June 7th. They set a “neutral” rating and a $82.00 price target on the stock. Finally, Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $80.00 price target on shares of Nice in a research report on Friday, May 12th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $77.14.

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Large investors have recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. boosted its stake in shares of Nice by 12.8% in the first quarter. Asset Management One Co. Ltd. now owns 2,650 shares of the technology company’s stock valued at $180,000 after buying an additional 300 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Nice by 739.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,096 shares of the technology company’s stock valued at $210,000 after buying an additional 2,727 shares during the period. Eagle Boston Investment Management Inc. boosted its stake in shares of Nice by 15.0% in the first quarter. Eagle Boston Investment Management Inc. now owns 3,526 shares of the technology company’s stock valued at $239,000 after buying an additional 459 shares during the period. Comerica Bank boosted its stake in shares of Nice by 10.3% in the fourth quarter. Comerica Bank now owns 3,690 shares of the technology company’s stock valued at $255,000 after buying an additional 344 shares during the period. Finally, SG Americas Securities LLC boosted its stake in shares of Nice by 98.5% in the first quarter. SG Americas Securities LLC now owns 3,693 shares of the technology company’s stock valued at $251,000 after buying an additional 1,833 shares during the period. 43.03% of the stock is owned by institutional investors and hedge funds.

Shares of Nice (NASDAQ NICE) traded down 0.28% during mid-day trading on Wednesday, hitting $78.49. The stock had a trading volume of 139,207 shares. Nice has a 12-month low of $63.15 and a 12-month high of $81.16.

About Nice

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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