Does NICE Ltd ADR (NASDAQ:NICE) have deteriorating prospects?

NICE Ltd ADR (NASDAQ:NICE) shares traded 0.07% higher at $194.45 on Wall Street last session.

In accordance with the data, 14 analysts cover NICE Ltd ADR (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 $190.00, we find $238.00. Given the previous closing price of $194.32, this indicates a potential upside of 22.48 percent. NICE stock price is now 15.29% away from the 50-day moving average and -1.84% away from the 200-day moving average. The market capitalization of the company currently stands at $12.31B.

It has been rated a hold by 1 analysts and a buy by 10. Brokers who have rated the stock have averaged $251.18 as their price target over the next twelve months.

With the price target reduced from $225 to $220, Morgan Stanley Upgraded its rating from Equal-Weight to Overweight for NICE Ltd ADR (NASDAQ: NICE).

A total of 0.00% of the company’s stock is owned by insiders.

NICE Ltd ADR (NASDAQ: NICE) opened at $197.08 on Wednesday. During the past 12 months, NICE Ltd ADR has had a low of $149.54 and a high of $231.54. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 2.45, and a quick ratio of 2.31. According to the stock market information, the enterprise value for the company is $11.69B, which is based on a 39.42 price-to-earnings ratio, a 3.12 price-to-earnings-growth ratio, and a beta of 0.96. The fifty day moving average price for NICE is $168.66 and a two-hundred day moving average price translates $198.10 for the stock.

The latest earnings results from NICE Ltd ADR (NASDAQ: NICE) was released for Sep, 2023. According to the Software – Application Company, earnings per share came in at $2.27, beating analysts’ expectations of $2.15 by 0.12. This compares to $1.07 EPS in the same period last year. The net profit margin was 14.11% and return on equity was 10.69% for NICE. The company reported revenue of $601.34 million for the quarter, compared to $554.72 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.4 percent. For the current quarter, analysts expect NICE to generate $616.04M in revenue.

NICE Ltd ADR(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 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 connects 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; 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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