NICE (NICE) to Release Quarterly Earnings on Thursday

NICE (NASDAQ:NICE) is set to issue its quarterly earnings data before the market opens on Thursday, November 14th. Analysts expect the company to announce earnings of $2.68 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

NICE (NASDAQ:NICE) last announced its quarterly earnings results on Thursday, August 15th. The technology company reported $2.64 earnings per share for the quarter, beating the consensus estimate of $2.58 by $0.06. NICE had a net margin of 15.55% and a return on equity of 14.68%. The business had revenue of $664.40 million during the quarter, compared to analysts’ expectations of $664.10 million. During the same quarter in the prior year, the company posted $1.63 EPS. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. 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 1.1 %

NASDAQ:NICE opened at $192.07 on Tuesday. The company has a 50-day moving average price of $171.06 and a 200-day moving average price of $178.77. NICE has a 12 month low of $151.52 and a 12 month high of $270.73. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.13. The stock has a market cap of $12.08 billion, a price-to-earnings ratio of 32.07, a P/E/G ratio of 1.54 and a beta of 1.04.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on NICE shares. Wedbush reaffirmed an “outperform” rating and issued a $250.00 target price on shares of NICE in a research report on Friday, August 16th. Barclays dropped their target price on shares of NICE from $320.00 to $286.00 and set an “overweight” rating for the company in a research report on Thursday, July 25th. JMP Securities reiterated a “market outperform” rating and issued a $300.00 price target on shares of NICE in a research note on Friday, August 16th. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 price target on shares of NICE in a research note on Tuesday, August 13th. Finally, Northland Securities decreased their price target on shares of NICE from $305.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, August 16th. Sixteen investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, NICE has an average rating of “Buy” and an average price target of $269.64.

NICE Company Profile

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.