Nice (NASDAQ:NICE) is set to announce its earnings results before the market opens on Thursday, May 16th. Analysts expect the company to announce earnings of $0.91 per share for the quarter.
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 analysts’ consensus estimates of $1.20 by $0.04. The firm had revenue of $420.00 million for the quarter, compared to the consensus estimate of $417.05 million. Nice had a return on equity of 9.15% and a net margin of 11.03%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.35 EPS. On average, analysts expect Nice to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
NASDAQ:NICE opened at $134.63 on Thursday. The company has a market cap of $8.11 billion, a P/E ratio of 34.97, a PEG ratio of 3.05 and a beta of 0.86. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.23. Nice has a 52-week low of $96.58 and a 52-week high of $140.29.
Several analysts have recently commented on the company. BidaskClub cut Nice from a “buy” rating to a “hold” rating in a report on Thursday, January 10th. Zacks Investment Research cut Nice from a “buy” rating to a “hold” rating in a report on Thursday, January 10th. ValuEngine cut Nice from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 7th. reissued a “buy” rating and issued a $125.00 price target on shares of Nice in a report on Thursday, February 14th. Finally, Wedbush raised their price target on Nice to $145.00 in a report on Friday, February 15th. Five investment analysts have rated the stock with a hold rating and eight have assigned 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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