Nice Systems Ltd. (NICE) Set to Announce Earnings on Thursday
Nice Systems Ltd. (NASDAQ:NICE) is set to post its quarterly earnings results before the market opens on Thursday, November 2nd. Analysts expect Nice Systems to post earnings of $0.34 per share for the quarter. Nice Systems has set its Q3 guidance at $0.89-0.95 EPS and its FY17 guidance at $3.90-4.10 EPS.
Nice Systems (NASDAQ:NICE) last posted its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. The firm had revenue of $315.30 million during the quarter, compared to analysts’ expectations of $313.44 million. Nice Systems had a return on equity of 11.14% and a net margin of 7.99%. The firm’s quarterly revenue was up 33.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.79 EPS. On average, analysts expect Nice Systems to post $4.02 EPS for the current fiscal year and $4.46 EPS for the next fiscal year.
Shares of Nice Systems Ltd. (NASDAQ:NICE) opened at 81.53 on Thursday. The company’s 50-day moving average price is $80.85 and its 200-day moving average price is $76.88. The stock has a market cap of $4.91 billion, a PE ratio of 53.29 and a beta of 0.89. Nice Systems Ltd. has a 52-week low of $63.72 and a 52-week high of $83.95.
A number of equities research analysts have recently issued reports on the company. Chardan Capital boosted their target price on Nice Systems from $76.00 to $84.00 and gave the stock a “buy” rating in a research report on Monday, August 7th. Barclays PLC reissued a “hold” rating on shares of Nice Systems in a research report on Monday, August 7th. Oppenheimer Holdings, Inc. upped their price target on Nice Systems from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. BidaskClub lowered Nice Systems from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Finally, Jefferies Group LLC began coverage on Nice Systems in a research report on Friday, October 6th. They set a “hold” rating and a $84.00 price target on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $81.75.
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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