Nice (NASDAQ:NICE) issued an update on its second quarter 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.16-1.26 for the period, compared to the Thomson Reuters consensus estimate of $1.18. The company issued revenue guidance of $373-383 million, compared to the consensus revenue estimate of $377.59 million.Nice also updated its FY 2019 guidance to $5.11-5.31 EPS.
NASDAQ NICE opened at $132.07 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.38 and a current ratio of 1.38. Nice has a 12-month low of $100.54 and a 12-month high of $140.29. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of 34.30, a PEG ratio of 2.95 and a beta of 0.86.
Nice (NASDAQ:NICE) last released its quarterly earnings results on Thursday, February 14th. The technology company reported $1.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.20 by $0.04. Nice had a net margin of 11.03% and a return on equity of 9.15%. The business had revenue of $420.00 million for the quarter, compared to analyst estimates of $417.05 million. During the same period in the previous year, the company earned $1.35 earnings per share. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. Sell-side analysts anticipate that Nice will post 4.35 EPS for the current year.
NICE has been the topic of several analyst reports. Wedbush lifted their price target on shares of Nice to $145.00 in a report on Friday, February 15th. reaffirmed a buy rating and issued a $125.00 price target on shares of Nice in a report on Thursday, February 14th. ValuEngine lowered shares of Nice from a strong-buy rating to a buy rating in a report on Thursday, February 7th. Jefferies Financial Group lifted their price target on shares of Nice from $134.00 to $149.00 and gave the stock a buy rating in a report on Wednesday, April 17th. Finally, BidaskClub upgraded shares of Nice from a hold rating to a buy rating in a research note on Monday, April 1st. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $136.64.
Nice Company Profile
NICE Ltd. provides enterprise software solutions worldwide. The company operates in two segments, Customer Engagement, and Financial Crime and Compliance. The Customer Engagement segment offers platform and solutions that empower businesses to deliver consistent and personalized experience across the customer journey, and optimize business performance and ensure compliance.
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