Nice (NICE) Releases Q1 Earnings Guidance

Nice (NASDAQ:NICE) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.97-1.03 for the period, compared to the Thomson Reuters consensus estimate of $0.99. The company issued revenue guidance of $328-338 million, compared to the consensus revenue estimate of $331.22 million.Nice also updated its FY18 guidance to $4.40-4.60 EPS.

Nice (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 stock has a market cap of $5,301.87, a P/E ratio of 35.32, a P/E/G ratio of 3.45 and a beta of 0.79. Nice has a 1-year low of $65.72 and a 1-year high of $95.65.

A number of equities analysts recently issued reports on NICE shares. BidaskClub raised shares of Nice from a sell rating to a hold rating in a report on Wednesday, December 27th. Chardan Capital downgraded shares of Nice from a buy rating to a neutral rating and set a $91.00 price objective on the stock. in a report on Monday, November 6th. Citigroup raised their price objective on shares of Nice from $83.00 to $93.00 and gave the stock a neutral rating in a report on Friday, November 3rd. JPMorgan Chase & Co. downgraded shares of Nice from an overweight rating to a neutral rating in a report on Friday, November 3rd. Finally, Zacks Investment Research raised shares of Nice from a hold rating to a buy rating and set a $103.00 price objective on the stock in a report on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $90.86.

COPYRIGHT VIOLATION WARNING: This piece of content was posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of international copyright laws. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/02/15/nice-nice-releases-q1-earnings-guidance.html.

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.

Receive News & Ratings for Nice Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nice and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply