Wall Street analysts forecast that Nice Systems Ltd. (NASDAQ:NICE) will announce sales of $393.89 million for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Nice Systems’ earnings. The lowest sales estimate is $390.00 million and the highest is $399.38 million. Nice Systems posted sales of $323.86 million in the same quarter last year, which suggests a positive year-over-year growth rate of 21.6%. The business is scheduled to issue its next earnings report on Thursday, February 15th.

On average, analysts expect that Nice Systems will report full year sales of $393.89 million for the current fiscal year, with estimates ranging from $1.33 billion to $1.35 billion. For the next year, analysts anticipate that the business will report sales of $1.46 billion per share, with estimates ranging from $1.44 billion to $1.48 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover Nice Systems.

NICE has been the topic of a number of analyst reports. Chardan Capital upped their target price on shares of Nice Systems from $84.00 to $91.00 and gave the company a “buy” rating in a research note on Monday, October 16th. Barclays PLC reissued a “hold” rating on shares of Nice Systems in a research note on Monday, August 7th. Jefferies Group LLC initiated coverage on shares of Nice Systems in a research note on Friday, October 6th. They set a “hold” rating and a $84.00 price objective on the stock. Royal Bank Of Canada reaffirmed a “hold” rating and set a $80.00 price objective on shares of Nice Systems in a research note on Monday, August 21st. Finally, BidaskClub cut shares of Nice Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $83.50.

Nice Systems (NICE) traded up $0.10 during midday trading on Monday, reaching $84.13. 144,700 shares of the company were exchanged, compared to its average volume of 122,224. The company has a market capitalization of $5,050.91, a PE ratio of 33.65, a P/E/G ratio of 4.67 and a beta of 0.89. Nice Systems has a twelve month low of $63.72 and a twelve month high of $85.61. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.28 and a current ratio of 1.28.

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Several hedge funds have recently made changes to their positions in the company. Eagle Boston Investment Management Inc. lifted its position in shares of Nice Systems by 19.1% during the second quarter. Eagle Boston Investment Management Inc. now owns 4,200 shares of the technology company’s stock worth $330,000 after purchasing an additional 674 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Nice Systems by 16.9% during the second quarter. Ameriprise Financial Inc. now owns 5,014 shares of the technology company’s stock worth $395,000 after purchasing an additional 724 shares in the last quarter. Investec Asset Management North America Inc. lifted its holdings in Nice Systems by 1.8% in the second quarter. Investec Asset Management North America Inc. now owns 56,251 shares of the technology company’s stock valued at $4,428,000 after buying an additional 972 shares during the period. Russell Investments Group Ltd. lifted its holdings in Nice Systems by 22.8% in the third quarter. Russell Investments Group Ltd. now owns 5,460 shares of the technology company’s stock valued at $444,000 after buying an additional 1,013 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Nice Systems by 12.6% in the second quarter. Bank of New York Mellon Corp now owns 11,482 shares of the technology company’s stock valued at $905,000 after buying an additional 1,281 shares during the period. Institutional investors own 44.48% 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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