The price of NICE Ltd. (NASDAQ:NICE) shares last traded on Wall Street fell -0.99% to $202.49.
Based on available information, 12 analysts follow NICE Ltd. (NASDAQ:NICE). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $343.00 and a low of $225.00, we find $268.50. Given the previous closing price of $204.51, this indicates a potential upside of 31.29 percent. NICE stock price is now -2.78% away from the 50-day moving average and 0.02% away from the 200-day moving average. The market capitalization of the company currently stands at $13.38B.
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Among analysts, 1 rate the stock a hold while 9 rate it a buy. Brokers who have rated the stock have averaged $266.75 as their price target over the next twelve months.
With the price target maintained at $227, Piper Sandler recently Upgraded its rating from Neutral to Overweight for NICE Ltd. (NASDAQ: NICE). On August 25, 2022, Piper Sandler recently initiated its ‘Neutral’ rating on the stock quoting a target price of $236, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’.
A total of 0.57% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in NICE stock. A new stake in NICE Ltd. shares was purchased by VULCAN VALUE PARTNERS, LLC during the first quarter worth $175,781,000. EATON VANCE MANAGEMENT invested $9,742,000 in shares of NICE during the first quarter. In the first quarter, CORONATION FUND MANAGERS LTD. acquired a new stake in NICE Ltd. valued at approximately $6,541,000. GEORGE KAISER FAMILY FOUNDATION acquired a new stake in NICE for approximately $3,232,000. SCHONFELD STRATEGIC ADVISORS LLC purchased a new stake in NICE valued at around $2,086,000 in the second quarter. In total, there are 464 active investors with 66.30% ownership of the company’s stock.
A candlestick chart of NICE Ltd. (NASDAQ: NICE) showed a price of $202.19 on Monday morning. During the past 12 months, NICE Ltd. has had a low of $164.65 and a high of $235.11. As of last week, the company has a debt-to-equity ratio of 0.22, a current ratio of 2.10, and a quick ratio of 2.10. The fifty day moving average price for NICE is $208.28 and a two-hundred day moving average price translates $202.44 for the stock.
The latest earnings results from NICE Ltd. (NASDAQ: NICE) was released for Sep, 2022. According to the Software – Application Company, earnings per share came in at $1.92, beating analysts’ expectations of $1.87 by 0.05. This compares to $0.75 EPS in the same period last year. The net profit margin was 12.20% and return on equity was 9.10% for NICE. The company reported revenue of $554.72 million for the quarter, compared to $493.83 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.33 percent. For the current quarter, analysts expect NICE to generate $569.62M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 03/15/2017. Investors who held shares on 02/27/2017 were paid a $0.16 dividend.
NICE Ltd.(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 that supports contact centers ranging from small single sites to distributed remote agents and enterprises; Enlighten, an AI engine for CX that discovers automation opportunities for self-service; digital-entry points solutions that 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 connecting them using real time AI-based routing. The company also provides smart self service solutions that empower organizations to build intelligent automated conversations based on data; and prepared agent solutions and tools enable contact center agents to guide and alert them in real time so they can provide resolutions; complete performance solutions that help organizations to record structured and unstructured customer interaction and transaction data; and NICE Evidencentral, an digital evidence management platform for public safety emergency communications, law enforcement, and criminal justice helps agencies. In addition, it offers X-Sight, is an open and flexible AI-cloud platform for financial crime and compliance; Xceed, a cloud platform for comprehensive AML and fraud prevention for small and mid-sized organizations; data intelligence solutions that enable organizations to turn raw data into comprehensive actionable intelligence to prevent and detect financial crimes; AI and analytics technologies to detect and prevent financial crimes in real-time; money laundering and fraud prevention solutions that help organizations adhere to capital markets compliance and anti-money laundering compliance regulations; intelligent investigations solutions; and self-service solutions that provide organizations with customization and self-development capabilities. The company was formerly known as NICE-Systems Ltd. and changed its name to NICE Ltd. in June 2016. NICE Ltd. was founded in 1986 and is based in Ra’anana, Israel.
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