Nice (NASDAQ:NICE – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the thirteen research firms that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $209.75.
NICE has been the subject of a number of research analyst reports. DA Davidson lifted their target price on Nice from $185.00 to $195.00 and gave the company a “buy” rating in a research report on Friday. Rosenblatt Securities reiterated a “buy” rating and issued a $190.00 price target on shares of Nice in a report on Wednesday. Royal Bank Of Canada reiterated an “outperform” rating and issued a $200.00 price target on shares of Nice in a report on Wednesday. Barclays cut their price target on Nice from $286.00 to $226.00 and set an “overweight” rating on the stock in a report on Friday, February 21st. Finally, Piper Sandler reiterated a “neutral” rating and issued a $182.00 price target (up from $153.00) on shares of Nice in a report on Friday, June 13th.
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Nice Stock Performance
NICE stock opened at $162.61 on Wednesday. Nice has a fifty-two week low of $137.19 and a fifty-two week high of $200.65. The business’s 50-day moving average is $162.36 and its two-hundred day moving average is $163.19. The company has a market cap of $10.29 billion, a price-to-earnings ratio of 22.68, a P/E/G ratio of 1.50 and a beta of 1.01.
Nice (NASDAQ:NICE – Get Free Report) last released its earnings results on Thursday, May 15th. The technology company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.03. Nice had a return on equity of 16.37% and a net margin of 16.77%. The firm had revenue of $700.19 million during the quarter, compared to analysts’ expectations of $699.46 million. During the same quarter last year, the business posted $2.58 earnings per share. The firm’s revenue was up 6.2% on a year-over-year basis. Equities analysts predict that Nice will post 9.85 earnings per share for the current year.
Nice Company Profile
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.
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