Nice (NICE) Given Outperform Rating at JMP Securities

Nice (NASDAQ:NICE)‘s stock had its “outperform” rating reiterated by research analysts at JMP Securities in a note issued to investors on Monday, The Fly reports. They presently have a $140.00 price objective on the technology company’s stock, up from their previous price objective of $120.00. JMP Securities’ target price would suggest a potential upside of 4.71% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Wedbush increased their price objective on Nice to $145.00 in a report on Friday, February 15th. reiterated a “buy” rating and set a $125.00 price objective on shares of Nice in a research report on Thursday, February 14th. ValuEngine downgraded shares of Nice from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 7th. Jefferies Financial Group boosted their target price on shares of Nice from $134.00 to $149.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Finally, BidaskClub raised 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, seven have given a buy rating and one has issued a strong buy rating to the stock. Nice presently has a consensus rating of “Buy” and an average target price of $133.36.

NASDAQ:NICE opened at $133.70 on Monday. Nice has a 52 week low of $93.05 and a 52 week high of $133.83. The company has a market cap of $8.15 billion, a PE ratio of 34.73, a P/E/G ratio of 3.02 and a beta of 0.82. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.38 and a quick ratio of 1.38.

Nice (NASDAQ:NICE) last issued its quarterly earnings data 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. Nice had a return on equity of 9.15% and a net margin of 11.03%. The business had revenue of $420.00 million during the quarter, compared to analyst estimates of $417.05 million. During the same period in the prior year, the company posted $1.35 EPS. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. Equities research analysts anticipate that Nice will post 4.35 EPS for the current year.

Large investors have recently made changes to their positions in the business. Financial Gravity Wealth Inc. acquired a new stake in Nice during the 1st quarter valued at $26,000. Liberty Wealth Management LLC bought a new stake in shares of Nice in the fourth quarter valued at about $27,000. CWM LLC lifted its stake in shares of Nice by 261.5% in the fourth quarter. CWM LLC now owns 347 shares of the technology company’s stock valued at $38,000 after buying an additional 251 shares during the period. Financial Gravity Companies Inc. bought a new position in Nice during the fourth quarter worth about $40,000. Finally, We Are One Seven LLC bought a new position in Nice during the fourth quarter worth about $41,000. 45.18% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for Nice (NASDAQ:NICE)

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