Nice (NASDAQ:NICE) Stock Rating Upgraded by BidaskClub

BidaskClub upgraded shares of Nice (NASDAQ:NICE) from a hold rating to a buy rating in a report published on Tuesday, BidAskClub reports.

NICE has been the topic of several other research reports. Oppenheimer set a $119.00 target price on American Express and gave the company a buy rating in a research note on Wednesday, April 17th. Wedbush reaffirmed a hold rating and set a $1.00 target price on shares of Regulus Therapeutics in a research note on Thursday, May 16th. Barclays lowered their target price on Waters from $218.00 to $210.00 and set an equal weight rating on the stock in a research note on Wednesday, April 24th. Zacks Investment Research cut Horiba from a hold rating to a sell rating in a research note on Wednesday, May 22nd. Finally, Jefferies Financial Group lifted their target price on Nice to $166.00 and gave the company a buy rating in a research note on Thursday, May 16th. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Nice has an average rating of Buy and a consensus target price of $145.25.

Shares of NICE opened at $145.96 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 1.31. Nice has a 1-year low of $100.54 and a 1-year high of $146.89. The business has a 50-day moving average of $139.50. The stock has a market cap of $8.82 billion, a PE ratio of 37.91, a P/E/G ratio of 3.24 and a beta of 0.75.



Nice (NASDAQ:NICE) last released its earnings results on Thursday, May 16th. The technology company reported $1.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.91 by $0.27. Nice had a return on equity of 10.83% and a net margin of 11.63%. The company had revenue of $377.00 million for the quarter, compared to analysts’ expectations of $375.18 million. During the same quarter in the previous year, the business posted $1.03 EPS. The business’s revenue for the quarter was up 12.4% on a year-over-year basis. Equities analysts anticipate that Nice will post 4.39 EPS for the current year.

Several institutional investors have recently made changes to their positions in NICE. Pinnacle Bank increased its position in Nice by 44.5% in the 2nd quarter. Pinnacle Bank now owns 315 shares of the technology company’s stock worth $43,000 after buying an additional 97 shares during the period. Sphera Funds Management LTD. bought a new position in Nice in the 1st quarter worth approximately $3,892,000. First Trust Advisors LP bought a new position in Nice in the 1st quarter worth approximately $705,000. Nordea Investment Management AB bought a new position in Nice in the 1st quarter worth approximately $9,561,000. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. bought a new position in Nice in the 1st quarter worth approximately $96,000. Institutional investors and hedge funds own 45.92% of the company’s stock.

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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