News stories about NIC (NASDAQ:EGOV) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NIC earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 44.4112427269642 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have effected Accern’s analysis:
- El DREAM Project anuncia su sexto evento benéfico anual para apoyar la educación de calidad para niños en la República Dominicana (prnewswire.com)
- NIC Inc (EGOV) Files 10-K for the Fiscal Year Ended on December 31, 2017 (finance.yahoo.com)
- BRIEF-Sega Of America And Paramount Pictures Finalize Deal (feeds.reuters.com)
- INGENICO GROUP: Solid results, 2017 objectives achieved Mid-term outlook: EBITDA double digit CAGR between 2018 and 2020 (markets.financialcontent.com)
- Consumer Watchdog Praises Apparent Agreement in Congress on Bill to Amend Internet Law to Stop Sex Trafficking; Rogue Websites Like Backpage Could Be Held Accountable for Abuses (prnewswire.com)
EGOV has been the topic of a number of recent research reports. Zacks Investment Research upgraded NIC from a “sell” rating to a “hold” rating in a report on Tuesday, January 30th. BidaskClub cut NIC from a “hold” rating to a “sell” rating in a report on Friday, December 29th. Loop Capital decreased their target price on NIC to $14.00 and set a “hold” rating on the stock in a report on Friday, February 2nd. Finally, Maxim Group restated a “hold” rating and issued a $16.00 target price on shares of NIC in a report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $18.33.
NIC (NASDAQ:EGOV) opened at $13.75 on Friday. The stock has a market capitalization of $911.34, a price-to-earnings ratio of 17.86, a P/E/G ratio of 1.62 and a beta of 0.38. NIC has a 1-year low of $12.65 and a 1-year high of $22.40.
NIC (NASDAQ:EGOV) last issued its earnings results on Wednesday, January 31st. The software maker reported $0.16 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.16. The business had revenue of $83.47 million for the quarter, compared to analysts’ expectations of $81.01 million. NIC had a return on equity of 33.25% and a net margin of 15.34%. The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 EPS. research analysts forecast that NIC will post 0.85 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Investors of record on Tuesday, March 6th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date of this dividend is Monday, March 5th. NIC’s payout ratio is 41.56%.
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NIC Company Profile
NIC Inc is a provider of digital government services that help governments use technology to provide services to businesses and citizens. The Company operates through Outsourced Portals segment. The Company offers its services through two channels: primary outsourced portal businesses, and software and services businesses.
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