Nice (NASDAQ:NICE) Getting Favorable News Coverage, Accern Reports

Media coverage about Nice (NASDAQ:NICE) has trended positive on Friday, Accern reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Nice earned a coverage optimism score of 0.47 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 47.5432458901784 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern’s scoring:

NICE has been the subject of several recent research reports. BidaskClub raised Nice from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 4th. Morgan Stanley assumed coverage on Nice in a research note on Tuesday, May 8th. They issued an “equal weight” rating and a $101.00 target price for the company. Barclays set a $100.00 target price on Nice and gave the stock a “hold” rating in a research note on Thursday, May 10th. Zacks Investment Research downgraded Nice from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 12th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $119.00 price target on shares of Nice in a report on Wednesday, May 16th. Six equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $108.56.

Nice stock traded up $0.42 during midday trading on Friday, reaching $115.59. 83,900 shares of the stock traded hands, compared to its average volume of 197,914. Nice has a 12-month low of $76.02 and a 12-month high of $116.05. The stock has a market capitalization of $6.96 billion, a price-to-earnings ratio of 50.01, a price-to-earnings-growth ratio of 4.39 and a beta of 0.76. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.48 and a quick ratio of 1.48.

Nice (NASDAQ:NICE) last announced its earnings results on Thursday, August 9th. The technology company reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.03). The firm had revenue of $345.41 million for the quarter, compared to analysts’ expectations of $342.49 million. Nice had a net margin of 11.73% and a return on equity of 9.15%. equities research analysts anticipate that Nice will post 2.56 earnings per share for the current year.

About Nice

NICE Ltd. provides enterprise software solutions worldwide. It 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 delivered in the cloud, as well as on premise.

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