Nice (NASDAQ:NICE) Updates FY19 Earnings Guidance

Nice (NASDAQ:NICE) updated its FY19 earnings guidance on Thursday. The company provided earnings per share guidance of $5.15-5.35 for the period. The company issued revenue guidance of $1.56-1.58 billion, compared to the consensus revenue estimate of $1.58 billion.

Shares of NICE opened at $156.67 on Friday. The company has a 50 day moving average price of $151.60 and a 200-day moving average price of $146.42. The stock has a market capitalization of $9.83 billion, a PE ratio of 40.69, a PEG ratio of 3.20 and a beta of 0.78. Nice has a fifty-two week low of $102.56 and a fifty-two week high of $161.01. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.28 and a current ratio of 1.28.

Several brokerages have issued reports on NICE. Jefferies Financial Group boosted their price objective on shares of Nice from $166.00 to $179.00 and gave the company a buy rating in a research note on Friday, August 9th. ValuEngine lowered shares of Nice from a buy rating to a hold rating in a research report on Wednesday, October 2nd. Morgan Stanley set a $140.00 price objective on shares of Nice and gave the stock a hold rating in a research report on Friday, August 9th. Rosenblatt Securities restated a buy rating and issued a $187.00 target price on shares of Nice in a report on Friday. Finally, JPMorgan Chase & Co. upped their price objective on shares of Nice from $150.00 to $166.00 and gave the company an overweight rating in a research note on Monday, July 29th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Nice has an average rating of Buy and a consensus target price of $159.33.

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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Earnings History and Estimates for Nice (NASDAQ:NICE)

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