Nice (NICE) Releases FY18 Earnings Guidance

Nice (NASDAQ:NICE) updated its FY18 earnings guidance on Thursday. The company provided EPS guidance of $4.40-4.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.48. The company issued revenue guidance of $1.430-1.454 billion, compared to the consensus revenue estimate of $1.44 billion.Nice also updated its Q1 guidance to $0.97-1.03 EPS.

Several analysts recently weighed in on the company. Zacks Investment Research downgraded Nice from a buy rating to a hold rating in a report on Thursday. BidaskClub downgraded Nice from a hold rating to a sell rating in a report on Wednesday, January 24th. Finally, Jefferies Group upgraded Nice from a hold rating to a buy rating and set a $87.00 price objective for the company in a report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $90.86.

Shares of Nice (NASDAQ:NICE) opened at $88.11 on Thursday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $5,301.87, a PE ratio of 35.32, a P/E/G ratio of 3.45 and a beta of 0.79. Nice has a fifty-two week low of $65.72 and a fifty-two week high of $95.65.

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Nice 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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