NICE (NASDAQ:NICE - Get Free Report) will be issuing its quarterly earnings data before the market opens on Thursday, May 16th. Analysts expect the company to announce earnings of $2.45 per share for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
NICE (NASDAQ:NICE - Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The technology company reported $2.36 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.10. The business had revenue of $623.20 million during the quarter, compared to analysts' expectations of $616.83 million. NICE had a return on equity of 13.29% and a net margin of 14.23%. The firm's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period last year, the firm posted $1.40 EPS. On average, analysts expect NICE to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.
NICE Stock Performance
NICE stock traded up $0.83 during trading hours on Thursday, hitting $222.85. 548,190 shares of the stock were exchanged, compared to its average volume of 362,500. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.14. The company has a 50-day simple moving average of $239.14 and a two-hundred day simple moving average of $213.34. NICE has a 12 month low of $149.54 and a 12 month high of $270.73. The firm has a market capitalization of $14.01 billion, a P/E ratio of 43.70, a P/E/G ratio of 1.99 and a beta of 1.04.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the stock. Mizuho boosted their price objective on shares of NICE from $244.00 to $300.00 and gave the company a "buy" rating in a report on Friday, February 23rd. Royal Bank of Canada lifted their price objective on NICE from $238.00 to $285.00 and gave the company an "outperform" rating in a report on Friday, February 23rd. DA Davidson raised NICE from a "neutral" rating to a "buy" rating and increased their target price for the stock from $250.00 to $300.00 in a report on Wednesday, March 13th. JMP Securities reaffirmed a "market outperform" rating and issued a $343.00 price target on shares of NICE in a research note on Friday, February 23rd. Finally, Oppenheimer raised their target price on shares of NICE from $225.00 to $300.00 and gave the company an "outperform" rating in a report on Friday, February 23rd. Thirteen research analysts have rated the stock with a buy rating, Based on data from MarketBeat, NICE presently has a consensus rating of "Buy" and a consensus price target of $291.00.
View Our Latest Stock Analysis on NICE
About NICE
(
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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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