Nice (NASDAQ:NICE) issued an update on its FY 2020
Pre-Market earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.65-5.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.74. The company issued revenue guidance of $1.69-1.71 billion, compared to the consensus revenue estimate of $1.71 billion.Nice also updated its FY20 guidance to $5.65-5.85 EPS.
Shares of NICE stock traded up $1.96 during trading hours on Friday, hitting $179.09. The company’s stock had a trading volume of 284,610 shares, compared to its average volume of 300,494. The business has a fifty day moving average of $168.81 and a 200-day moving average of $156.01. The stock has a market cap of $10.79 billion, a price-to-earnings ratio of 61.76, a P/E/G ratio of 3.54 and a beta of 0.69. Nice has a twelve month low of $112.60 and a twelve month high of $182.06. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.26.
Nice (NASDAQ:NICE) last announced its quarterly earnings data on Thursday, November 14th. The technology company reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.04). The firm had revenue of $387.13 million for the quarter, compared to analysts’ expectations of $385.04 million. Nice had a net margin of 11.99% and a return on equity of 13.14%. On average, equities analysts expect that Nice will post 4.36 EPS for the current fiscal year.
Several equities analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Nice from a buy rating to a hold rating in a research note on Wednesday, November 20th. Rosenblatt Securities increased their price target on shares of Nice from $187.00 to $195.00 and gave the stock a buy rating in a research note on Friday. JPMorgan Chase & Co. downgraded shares of Nice from an overweight rating to a neutral rating and set a $163.00 price target on the stock. in a research note on Monday, January 27th. They noted that the move was a valuation call. BidaskClub raised shares of Nice from a hold rating to a buy rating in a research note on Friday, January 10th. Finally, DA Davidson reaffirmed a neutral rating and set a $175.00 price target on shares of Nice in a research note on Friday. They noted that the move was a valuation call. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of $176.00.
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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