NICE (NICE) Scheduled to Post Quarterly Earnings on Thursday

NICE (NASDAQ:NICE) is set to post its quarterly earnings results before the market opens on Thursday, November 14th. Analysts expect NICE to post earnings of $2.68 per share for the quarter.

NICE (NASDAQ:NICE) last announced its quarterly earnings results on Thursday, August 15th. The technology company reported $2.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.58 by $0.06. NICE had a return on equity of 14.68% and a net margin of 15.55%. The business had revenue of $664.40 million during the quarter, compared to analyst estimates of $664.10 million. During the same period in the previous year, the company earned $1.63 EPS. The firm’s revenue was up 14.3% on a year-over-year basis. On average, analysts expect NICE to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

NICE Trading Up 2.5 %

NASDAQ:NICE opened at $190.00 on Friday. The company has a market capitalization of $11.95 billion, a P/E ratio of 30.94, a P/E/G ratio of 1.37 and a beta of 1.04. The stock’s 50 day moving average price is $170.37 and its 200 day moving average price is $179.95. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.45 and a current ratio of 2.45. NICE has a 52 week low of $151.52 and a 52 week high of $270.73.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Rosenblatt Securities restated a “buy” rating and set a $225.00 price target on shares of NICE in a report on Tuesday, August 13th. Northland Securities cut their target price on NICE from $305.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, August 16th. JMP Securities reiterated a “market outperform” rating and set a $300.00 price target on shares of NICE in a research note on Friday, August 16th. Royal Bank of Canada reissued an “outperform” rating and issued a $260.00 price objective on shares of NICE in a research note on Thursday, October 3rd. Finally, Wedbush reiterated an “outperform” rating and set a $250.00 price target on shares of NICE in a report on Friday, August 16th. Sixteen research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, NICE currently has a consensus rating of “Buy” and an average price target of $269.64.

About NICE

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.